FINANCIAL COORDINATOR – Potentia Namibia Recruitment 287 views

Duty Description
As Financial Coordinator, you will report directly to the Country Director and Programme Managers, each with distinct reporting requirements. This position will serve as a key pillar to the organisation’s growth by ensuring that the proper structures, systems, and procedures are in place for the expansion and sustainability of the multiple projects. The incumbent will collaborate closely with an external accountant and analyse accounting reports for the coordination of projects and the sustainability of the organisation. They will be expected to study the reporting requirements of the organisation’s donors and gradually assume responsibility for donor financial reporting. In addition, the incumbent will be responsible for the periodic and timely reconciliation of the organisation’s financial procedures. Furthermore, they will be introduced to the financial coordination procedures of the organisations’ social enterprise-oriented activities. They will provide all necessary support to these initiatives and develop and implement the necessary financial systems and procedures. Career growth within the position exists for candidates who demonstrate the potential to advance to senior management and foster junior staff growth.

 Duty Requirement(s)
Financial Administration and Coordination: Assist programme managers in administering and reporting on donor funding and funds generated by the social enterprise activities.
Financial System Development: Work closely with the client’s accountant to develop and implement an integrated financial management system in line with donor funding processes.
Financial Forecasting and Reporting: Prepare and provide appropriate financial reports to the Executive Director and Programme Managers to support senior management decision-making. Prepare and submit quality and timely donor reporting.
Risk Management: Identify financial risks, communicate them to senior management, and assist in mitigating them.
Regulatory Compliance: Ensure adherence to company policy, donor requirements, and local and international financial standards.
Leadership and Performance Management: Provide effective day-to-day management of internal staff members and mentor and train young graduates.
Stakeholder Engagement: Foster and build relationships with partners.

Special Requirement(s)
A Bachelor’s Degree in Accounting, Finance, Auditing, or similar.
6 years’ experience, of which two years must have been in a financial coordination position.
Understand relevant financial legislation and practices in Namibia
Donor funding experience will be advantageous.
Knowledgeable of financial management practices in a medium-sized organisation.
Namibian citizenship, permanent residence, or domicile residence.
Valid driver’s license.