Title: Finance & Administrative Manager
Activity: Social Microfinance
Direct supervisor: Executive Director
Location: Freetown
Salary: Competitive
Duration: Permanent Contract with Six Months’ Probation

MUNAFA’s VISION & MISSION:

Vision:
“A sustainable society with socio-economic inclusion, entrepreneurial excellence and zero poverty.”
Mission:
“Provide adapted financial and social services with capacity building for vulnerable and underserved entrepreneurs to
develop sustainable income generating activities, enable self-reliance and improve standards of living.”




PRESENTATION
Munafa Ltd is an established social microfinance institution in Sierra Leone, created since 2019 by the French NGO
Entrepreneurs du Monde (EdM). It aims at enabling thousands of women and men in extremely precarious situations to
improve their living conditions. In the end of October 2022, Munafa Ltd offers socio-economic services (training,
individualised monitoring, social referencing, etc.) and access to appropriate financial services to 4967 active partners
develop their income generating activities and improve their daily lives.
Currently, with 3 branches around Freetown and 1 in Waterloo, Munafa counts 50 employees. The team consists
exclusively of Sierra Leoneans and is supported on-site by one international EdM staff, as well as remotely by other EdM
units.
Munafa Ltd is recruiting One (1) Finance & Administrative Manager. The position is to be filled in December
2022.

FUNCTIONS AND RESPONSIBILITIES
ABOUT THE POSITION
▪ Under the supervision of the Executive Director, Oversees the implementation of accounting, finance, treasury,
and administrative policies and procedures in compliance with the organizational requirements
▪ Manages the Finance and Administrative Department staff
Tasks and responsibilities

SPECIFIC FUNCTIONS:
Accounting & Finance:
A. Oversight of daily/monthly/yearly reconciliation of the MIS and accounting documents (e.g. bank statements,
cash transfer forms, checkbook records)
1. Perform weekly checks on the daily cash collection - deposits made in the banks and encoding made in the
MIS
2. Ensure the correctness of the accounts encoded in the MIS - the general ledger and account ledger details
3. Responsible for checking the accounting reports generated by the system
B. Checking of all books of accounts to ensure accuracy and reliability
1. Perform bank reconciliations on a weekly and monthly basis
2. Check and monitor fixed assets register for all equipment and assets in the head office and the branches
C. Preparation of Financial Reports
1. Check, approve and consolidate monthly financial reports (Balance Sheet and Income Statements) submitted
by the branches
2. Prepare and submit the monthly organizational Financial Reports to include:
• Balance Sheet
• Income Statement
• Variance Analysis Report
• Cash/Bank Book Report
• Consolidated Trial Balance
• Consolidated General Ledger
3. Prepare and submit year end organizational Financial Reports after all reconciliations have been done
4. Assist External Auditors in the annual audit of accounts
5. Prepare Financial Reports for donors and other external stakeholders as and when required
Treasury:
A. Budget and Fund-sourcing
1. Assist the Executive Director in the preparation of the annual budget and midyear reviews
2. Assist the Executive Director in the processing and documentation for fund sourcing
3. Propose corrective or cost-reduction measures when necessary
B. Fund management
1. Manage bank accounts to include proper observance of bank account opening (and closure as may be
necessary) and ensure that the list of signatories is kept up-to-date and in compliance with basic internal
control measures
2. Check and approve all bank transactions
3. Monitor the cash flow, prepare the Monthly cash position and recommend fund transfers/requests as may
be necessary
4. Check and approve all cash and check disbursements
5. Ensure that expenditures are forecasted within the budget
6. Analyze cost effectiveness of planned and actual expenditures
7. Check and monitor the petty cash/working fund disbursements in the HO and branches

Administrative:
A. Payroll Checking
1. Ensure the accuracy and timely processing and payment of Payroll items (salaries, NASSIT, PAYE)
2. Ensure compliance to employment regulatory concerns
B. Employee Benefits
1. Check and monitor leaves, staff loans and advances in consultation with Executive Director, Staff Loan
Committee, etc…
2. Ensure accurate/on-time remittance and submission of statutory payments and disclosure requirements
3. Recommend any other benefits due to staff as appropriate
4. Validate and approve pre-employment requirements prior to contract drafting/administration
5. Facilitate final pays and severance claims to staff as may be necessary
C. Head Office and Branch Set-up
1. Ensure physical set-up of the Head Office and Branch according to standards
2. Check procurement of assets, fixtures and furniture and other technical investments
3. Supervise the regular inventory of all Munafa Ltd property
4. Coordinate and monitor repairs and maintenance of all offices
5. Prepare and submit legal requirements and reports to government agencies as per mandate to include but
not limited to government licenses, insurance, taxes and fees covering branches and the entire organization
Management:
A. Participate in Steering committee meetings as required
B. Facilitate regular Planning and Assessment sessions and meetings of the Finance and Admin Department
C. Develop and/or updates the existing accounting manual and other internal mechanism
D. Provide Finance and Admin Department staff with targets, monitor personnel accomplishment of goals and
conduct evaluation on a regular basis
E. Recruit and train Finance and Admin staff in line with good organizational practice
Profile
▪ Bachelors Degree in Accounting and Finance from a recognized University
▪ Post graduate accounting qualification desired ( MBA Finance, MSc Accounting and Finance)
▪ At least three years of relevant experience in a finance/admin function in the field at an appropriate level,
with sound understanding of working in Non-Governmental Organizations (NGOs) and financial institutions
▪ Strong background in administration, operations management, risk management, internal auditing and
financial management
▪ Proven ability to provide support, guidance and training to financial and non-financial staff and peers
▪ Communication and reporting skills, both verbally and in writing
▪ Ability to work to deadlines with good prioritization and time management skills
▪ Ability to work in a cross-cultural and complex environment
▪ Experience in multi-currency accounting desired
▪ Willingness to conduct field work as may be required
▪ Commitment to uphold Munafa’s Vision, Mission, Core Values, goals, policies
CONDITIONS:
- Status: Permanent ( Six Months’ probation)
- Post based in Freetown
- Start date: December 2022.
- Salary: based on experience.
- Interviews and tests will be organised in Freetown (Munafa offices). Travel expenses related to recruitment are not
covered by Munafa.

RECRUITMENT PROCESS:
1) Selection based on CV, cover letter
2) Written test
3) Oral interview
APPLICATION:
Please send:
- Updated CV (Maximum 4 pages)
- Cover Letter (no longer than one page) explaining why you want this position and what makes you suitable
for the role
- Double-sided copy of national ID or voters ID card or passport or driving license
To

recruitment@munafaltd.com

with the subject “Finance and Admin Manager Munafa” by Wednesday 30th
November 2022. The application letter should be addressed to the Executive Director