Purpose of the Role
The Finance Officer is to responsibly manage the financial resources of the congregation in alignment with the Church’s mission and values, as well as its policies and procedures. This involves tasks such as budgeting, financial planning, reporting and compliance with regulations, fundraising and donations management, financial analysis, and risk management. By fulfilling these responsibilities, the Finance Lead supports the church in its mission to serve the community and advance its spiritual goals while ensuring transparency, accountability, and stewardship of financial resources. A commitment to the church’s mission is essential.
Roles & Responsibilities
Financial Record-Keeping and Reporting:
- Keep accurate records of all daily transactions.
- Record accounts payable and accounts receivable.
- Track bank deposits and payments.
- Reconcile bank statements.
Banking and Correspondence:
- Going to bank or OIFC, preparing requisite correspondence.
- Make cash deposits in bank from worship offertories.
Financial Reporting and Compliance:
- Participate in financial audits.
- Assist with budget preparation.
- Prepare monthly, quarterly, and annual financial reports.
- Review, monitor, and implement financial policies (Comptrolling).
Payroll and Invoicing:
- Process payroll.
- Prepare invoices.
- Processing invoices after they are ready (issuing invoices, issuing & tracking receipts).
Client/Leader Interaction:
- Receive in-person visits from SC leaders regarding payment issues.
Experience
Minimum 5 years’ experience in a financial management, accounting, or auditing role.
Ability to work independently and as part of a team
Qualification
Bachelor's degree in finance, accounting, economics, business administration, or a related field is often required.
Master's degree or professional certification such as CPA (Certified Public Accountant), CFA (Chartered Financial Analyst), or ACCA (Association of Chartered Certified Accountants).