Africa Youth Growth Foundation (AYGF) is a regional non- Governmental Organisation that focuses on the following thematic areas ; Migration, Public Health, Education, Democratic Governance, livelihood, Climate Change and Environment
Role Overview
- The Finance Manager will lead AYGF’s financial management, ensuring accountability, compliance, efficiency, and sustainability across projects and organizational operations.
- The role entails oversight of financial systems, donor compliance, budgeting, reporting, audits, treasury management, and capacity-building of finance staff to support AYGF’s mission.
Key Responsibilities
Strategic Financial Leadership:
- Lead annual budgeting and quarterly reforecasting processes.
- Ensure alignment of budgets with AYGF’s strategic plan and project objectives.
- Provide financial analysis and advisory support to management.
- Support proposal development with accurate budgeting and cost analysis.
- Promote cost-efficiency and long-term financial sustainability.
Financial Management & Reporting:
- Maintain accurate, up-to-date financial records in compliance with IFRS/IPSAS and donor standards.
- Prepare and submit monthly, quarterly, and annual financial reports (internal and donor-specific).
- Monitor budget utilization and advise program leads on variances.
- Ensure timely bank reconciliations and financial closings.
- Manage cash flow forecasting and liquidity planning.
Donor & Grant Compliance:
- Review donor contracts to understand financial obligations.
- Ensure funds are utilized strictly in accordance with donor agreements.
- Prepare donor financial reports and supporting documentation.
- Coordinate donor financial reviews and audits.
- Maintain 100% compliance with grant requirements.
Internal Controls & Risk Management:
- Strengthen and monitor internal control systems to mitigate fraud and financial mismanagement.
- Identify financial risks and propose mitigation strategies.
- Ensure segregation of duties and approval processes are adhered to.
- Promote transparency, accountability, and ethical financial practices.
Regulatory & Statutory Compliance:
- Ensure compliance with Nigerian statutory requirements (PAYE, Pension, NHF, taxes, etc.).
- Oversee timely remittance of statutory deductions.
- Maintain zero tolerance for financial irregularities.
- Ensure full adherence to AYGF’s finance and procurement policies.
Audit Coordination:
- Prepare for and coordinate annual external audits.
- Facilitate donor audits and financial reviews.
- Address audit findings and implement corrective actions within agreed timelines.
Procurement & Asset Management Oversight:
- Oversee procurement processes to ensure compliance with policy and donor rules.
- Ensure proper asset tracking and maintenance of asset registers.
- Monitor value-for-money and cost-effectiveness in purchasing.
Team Leadership & Capacity Building:
- Supervise, coach, and mentor finance staff.
- Build financial literacy and compliance awareness among program teams.
- Foster collaboration between finance, programs, and operations units.
- Promote continuous improvement in financial systems and processes.
Key Performance Indicators (KPIs)
- 100% on-time submission of financial reports.
- Budget variance maintained within ±10%.
- Zero statutory non-compliance incidents.
- 100% donor reporting compliance.
- All audit recommendations resolved within timelines.
- Minimum 3 months operating reserve maintained.
- 95% of payments processed within agreed timelines.
- Zero unapproved expenditures charged to donor funds.
- ≥80% satisfaction rating from program teams on finance support.
- At least 5% annual overhead cost efficiency improvement.
Qualifications & Experience
- Bachelor’s Degree in Accounting/Finance (Master’s is an advantage).
- ICAN, ACCA, or equivalent certification preferred.
- Minimum 5 years’ experience, preferably in the NGO sector.
- Strong knowledge of donor regulations and financial management systems.
Core Competencies
- Strategic thinking
- High integrity and ethical standards
- Strong internal control orientation
- Detail-oriented with analytical depth
- Ability to work under pressure and meet strict deadlines
- Strong stakeholder management.