Social Business Accountant at SOS Children’s Villages Rwanda: (Deadline 2 June 2023)
VACANCY ANNOUNCEMENT
SOS Children’s Villages Rwanda is a child-focused organization that provides direct services to the areas of care, education and health for children at risk of losing parental care and those who have lost parental care.
SOS Children’s Villages is a non-governmental, non-political, non-denominational and non-racial and has been operating in Rwanda since 1979. Envisioning that every child belongs to a family and grows up with love, respect and security, we exist to build families for children in need, we help them shape their own futures, and we share in the development of their communities. Everything we do is guided by the firm belief that no child should grow up alone and that we need to improve care for children who are at risk, enabling them to overcome precarious conditions and to succeed in life. Our core values guiding who we are and what we do include courage to take action, commitment to keep our promises, trust to believe in each other, and accountability to be reliable Partners. SOS Children’s Villages Rwanda is legally registered as a National Association.
SOS Children’s Villages Rwanda would like to recruit to fill the following vacancy position
Position title: SOCIAL BUSINESS ACCOUNTANT
Reporting to:Social Business Manager
Location:National Office (Kigali-Rwanda)
Position summary
Under the overall supervision of the Social Business Manager, the Social Business Accountant will be responsible for co-ordination and supervision of financial matters of the Social Businesses for SOS Children’s Villages which include the Schools, Training Center, Bakery, Parking Lots, Guest Houses, Agricultural Activities, natural water sources and the like. In close collaboration with the Chief Accountant and the guidance of the Head of Finance, the position holder will ensure the provision of a high-quality financial accounting service that supports the effective and efficient management of all financial resources, within statutory and regulatory guidelines and will work within the finance team supporting accurate and timely processing of financial transactions and processes, and internal/external reporting requirements.
Key performance areas and main responsibilities:
Oversees guides and controls financial matters ensuring that the social business operates in accordance with Financial Policies and Procedures of SOS Children’s Villages international and are in line with the generally accepted accounting principles.
Maintains assigned general ledger accounts with journal entries and account reconciliations in compliance with Organisation’s reporting requirements, assists in the construction of budgets and forecasts, and provides general support for the financial and accounting processes of the SOS CV. A highly detail-oriented person with the ability to meet deadlines monthly, quarterly, and annually.
Ensures that all payments are genuine, are properly supported and accounted for; and all receipts are properly documented and timely banked.
Proposes and implements (upon approval) new Financial and Administrative procedures and systems improvement aimed at strengthening the Organization’s Financial Control in conjunction with the Head of Finance through the Chief Accountant.
Providing support, assistance and cover across the wider Finance team to manage team absences and peak periods, which may include hands on support and/or managing additional financial responsibilities and staff.
Co-ordinates Annual Budget Preparation Process and Finance transfers.
f. In consultation with the Head of Finance, supports the Social Business Manager and facility heads to prepare and develop their annual budgets.
Ensures that all Proposals from facility Heads are timely obtained documented and discussed with the Head of Finance: and that the proposed country budget is accurately prepared well in time to meet the required deadlines for approvals.
Periodically checks the approved annual budget revenues, expenses and balances and advises the Social Business Manager and the other facility heads on deviations and variances, and helps to report and suggest adjustments or budget re-allocation where necessary.
Co-ordinates transfer of funds from National Office: and transfer of funds to facility accounts in consultation with the Social Business Manager and the Head of Finance. Regularly checks the bank balances and ensures there are always sufficient finances to run the Social Business smoothly all the time in accordance to the approved budget.
Enhances Internal Controls
Responsible for coordinating the oversite of all social business finances and assets, performing fiscal and budget analysis, reconciliations, and postings; assisting in the development of financial statements, reports, and Social Business proposals.
Works with Social Business Manager and the Chief Accountant to develop or improve communications for reporting of revenues, costing, cash flow, and financial analysis of operating results. An accountant will perform audits of records and adherence to SOS CV policies and procedures.
Checks the Pro-forma Invoices, bills and payment vouchers to see if the expenses are appropriate and within the budget limits, as well as the accuracy of the bills and invoices before payment is made.
Regularly checks the Bank and Cash Registers as well as the Bank Statements of all accounts so as to ensure that all payments and withdrawals were authentic. Immediately reports any irregularity noted for necessary action.
Checks all Cash and Bank Registers and their related vouchers monthly for accuracy, ensuring they are correctly reconciled, expenses are correctly coded and all supporting documents are available.
Assists with the establishment of proper store-keeping records and procedures. Conducts regular checks of all stores for the Social Business and verifies physical balance with the stock cards balance.
Regularly checks registers for all revenues by carrying out a revenue tracking exercise so as to ensure all revenues are promptly collected. Reports any overdue amounts to the Social Business Manager for appropriate action.
Conducts various spot checks within each facility. e.g., Petty cash, sales of uniforms, fees collection, donations and billings.
Periodically supports the Administrative Assistant to check family accounts and assess the effective utilization of food and household allowance: and reports any discrepancies, or makes recommendations whenever necessary.
Ensures that all measures to strengthen internal control as recommended by auditors in various audit reports are implemented and adhered to by the Social Business.
Entering the monthly accounting data for SOS CV Social Business in the Navision accounting software.
Performs Detailed Accounting Tasks
Checks Bank and cash registers of all the Social Businesses; and the bank statements of all Social Business accounts, and prepares reconciliation statements monthly.
Checks if all payment vouchers have been properly prepared with relevant accounting codes and numbers and with adequate supporting documents and those entries made in the registers tally with the payment vouchers.
Proposes budget adjustments/reallocation, if necessary, for approval.
Keeps records and custody of all used and new cheque books, bank statements, payment vouchers, filled bank registers, receipt books – used and new, finance approvals and other finance documents in an orderly manner for easy retrieval for checking and for audit purposes.
Regularly monitors the budget balances against the expenses and advises the Social Business Manager and the financial controller accordingly to ensure that budget allocations are not surpassed, and that all expenses are within the budget limits.
Administers food and household and clothing allowances for the Social Business according to the approved rates, and the payroll for the Social Business and ensures correct deductions of income tax, NSSF, proper recovery of salary advances and loans etc.
Regularly checks the accuracy of all bills (telephone, electricity bills, maintenance claims etc.) for accuracy and authenticity, and recommends payment before vouchers are prepared
Prepares and provides statistics summaries of the Social Business for the Quarterly and Annual Reports.
Requirements – Knowledge, experience, skills and competencies
Qualifications
A Bachelor’s degree in the following is particularly favoured:
Accounting
Finance
Economics
Any other related field.
With a minimum of 5 years practical experience in accounting. Having a professional certificate is an added advantage.
Competencies – knowledge, skills, abilities
Knowledge of using any accounting software
Proven ability to draft, edit and produce Accounting/Finance reports
Proven experience working with Government, civil society, international organizations and donors
Awareness and understanding of social development issues
Strong networking, partnership and interpersonal skills.
Positive and professional approach: highly organised, results oriented, using initiative and keeping commitments
How to Apply:
If you believe you are the right candidate for the above position, please send your detailed application (including application letter, CV and copies of education qualification)
Only shortlisted candidates will be contacted.
All applications should be submitted to sos.recruitment@sos-rwanda.org and properly fill the application form found via the following LINKby not later than Friday, June 2nd, 2023
Late applications will not be accepted.
“SOS Children’s Villages International holds strict child safeguarding principles and a zero-tolerance policy for conducts of sexual harassment, exploitation and abuse in the workplace and other places where the organization’s activities are rendered. Parallel to technical competence, recruitment, selection and hiring decisions will give due emphasize to assessing candidates value congruence and thorough background checks, police clearance reference check processes”.
The applications from qualified women are strongly encouraged
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