Finance Officer at DRASA (Dr. Ameyo Stella Adadevoh) Health Trust
Dr. Ameyo Stella Adadevoh (DRASA) Health Trust is a public health nonprofit organization working to keep people healthy and safe. From education and outreach programs in low-resource communities to training students and health professionals to developing new policies and guidelines, DRASA works with communities, the government, and local and international partners to improve people’s health across the country. Our goal is to build community health ambassadors and a strong, accessible and resilient health system that provides quality care and is prepared to handle emergencies and save lives.
DRASA Health Trust is seeking a highly skilled and self-motivated Accounting and Finance Officer to oversee financial operations, ensure compliance with nonprofit financial regulations, and manage donor-funded projects. The ideal candidate will be passionate about making a positive change through numbers and using their accounting and finance expertise to support impactful initiatives. This position requires someone with strong numerical skills, NGO finance experience, and the ability to manage financial tasks independently.
Key Responsibilities:
Financial Management & Reporting
Maintain accurate financial records in accordance with NGO standards and best practices.
Prepare monthly, quarterly, and annual financial reports for internal and external stakeholders, including tracking the organization's key financial KPIs
Develop and monitor budgets to ensure financial alignment with programmatic goals.
Conduct variance analysis and provide financial insights to senior management.
Ensure audit readiness by maintaining detailed and organized financial documentation.
Support the organization’s annual budgeting process.
Donor & Grant Management
Ensure proper accounting for donor-restricted and unrestricted funds.
Track grant disbursements and expenditures, ensuring compliance with donor guidelines.
Prepare financial reports and supporting documentation for grants and funding proposals.
Manage financial reporting requirements for local and international donor organizations.
Internal Controls & Compliance
Implement and maintain strong internal controls prevent financial mismanagement.
Ensure compliance with Nigerian tax laws, NGO financial regulations, and donor requirements.
Work with external auditors for statutory and donor-mandated audits.
Ensure accurate and timely filing of tax and regulatory obligations (e.g., VAT, WHT, PAYE, Pension).
Develop and enforce financial policies and procedures to strengthen governance.
Payroll & Expense Management
Process payroll and ensure timely disbursement of salaries, benefits, and statutory deductions.
Oversee accounts payable and accounts receivable functions.
Ensure proper documentation and approval of expenses in line with financial policies.
Cash Flow & Treasury Management
Monitor cash flow and ensure sufficient funds for program activities.
Manage bank reconciliations and maintain relationships with financial institutions.
Provide forecasts and recommendations to improve financial sustainability.
Systems & Process Improvement
Maintain and optimize accounting software for efficient financial management.
Identify opportunities to streamline financial processes for improved efficiency.
Support the transition to new or improved financial systems and reporting tools as needed.
Qualifications & Requirements:
Bachelor’s degree in Accounting, Finance, or a related field (Master’s preferred).
Professional certification required (e.g., ICAN, ACCA, CPA, or equivalent).
Minimum of 4 years of accounting experience, preferably in the nonprofit sector.
Proficiency in accounting software (any recognized financial management system).
Strong knowledge of grant accounting, donor reporting, and Nigerian tax regulations.
Experience with financial audits and working with external auditors.
Passion for using numbers to drive positive change and impact.
Ability to work independently and manage multiple tasks effectively.
Strong interpersonal skills to work effectively with cross-functional teams and external partners.
High attention to detail, analytical skills, and integrity.
Willingness to travel occasionally for financial monitoring of field projects.
Desirable Skills:
Experience working with international donor-funded projects and grant financial management.
Familiarity with Nigerian tax laws and NGO financial regulations.
Ability to thrive in a fast-paced, changing environment.
