Terms of Reference for Finance Officer

Organization Overview

Daryeel Bulsho Guud -DBG (community care for all) is a non-political and non-profitable humanitarian relief- and development local organization which works to save lives, promote self-reliance and dignity through human transformation going beyond relief and development with its HQ in Mogadishu.

The organization has been operating in Somalia since 1992, initially started as international organization founded by German donors, however was reconstituted as local Somali association in 2014 fully managed by Somali professional technocrats.

Position Overview

• Position Title: Finance Officer
• Duration: 12 months contract with possible extension depends on fund availability and performance
• Expected Start Date: ASAP
• Duty Station: Mogadishu
• Reporting Line Manager: Finance Manager
• Working Hours: 8 hours 5 days per week

Duties and Responsibilities

Under the direct supervision of the Finance Manager, the Finance Officer (FO) will be responsible for: –

• Financial records management, accounts maintenance, budget control and coordination.
• Manage financial transaction to achieve company financial and operational goals.
• Supervise the day-to-day operation of the finance department.
• Oversee the day-to-day operation of the financial transactions and reviewing
• Collecting, organizing, and recording transactions from all ongoing projects·
• Generating monthly bank reconciliations
• Confirm financial status by monitoring the BVA
• Survey operations to determine accounting needs and to recommend, develop, and maintain solutions.
• Monitor and manage expenses within allotted budgets on monthly basis
• Maintain financial files and supporting documents annual audits and project audits.
• Prepare Projects’ Quarterly budget forecasts in close collaboration with the Project Managers.
• Monitor staff timesheet keeping, and allocation of salary costs to projects and other budgets.
• Prepare the cash journal and finance reports, book keeping and ledger posting.
• Collect, check, register and keep track of all order forms, incoming and outgoing invoices, travel claims, according to BDG manuals and procedures.
• Make cash and bank reconciliation every month.
• Prepare payroll of staffs monthly by coordinating with the Human Resource department.
• Manage accounting records according to donor’s requirements.
• Perform other duties assigned by Supervisor.