Financial Accountant

Recruiter
Development Media International CIC
Location
London, UK
Salary
£35,000 - £40,000 per year
Posted
03 Aug 2021
Closes
05 Aug 2021
Ref
2359557887
Experience level
Part qualified
Reports to: Head of Finance

Responsible for: N/A

Start date: ASAP

Term: Full time/permanent

Based in: London (N1) with occasional travel

Salary: £35-40k per annum, dependent on experience plus 5% pension contribution, and private health insurance

Application deadline: 13th August 2021 (we will assess applicants on a rolling basis)

About DMI

Development Media International (DMI) creates evidence-based behaviour change campaigns to improve health and save lives. We deliver at scale to maximise impact and cost-effectiveness. We are the first organisation to scientifically demonstrate that mass media can increase life-saving behaviours. In 2018 DMI published the results of its 5-year, £7m randomised controlled trial (RCT) in West Africa which showed that 56% more children were taken for treatment for malaria, 73% more for diarrhoea and 39% more for pneumonia following exposure to our campaign. Modelling indicates that over 3000 lives were saved during the campaign and that our approach is one of the most cost-effective ways of saving children's lives. We have subsequently undertaken a second RCT which showed that the modern contraceptive prevalence rate was 20% higher in areas exposed to DMI's messaging compared to areas that were not.

DMI has two priorities: first, to continue to generate ground-breaking research, second, to take our proven strategies to scale, saving as many lives as possible and improving health. We work across a range of health issues, including child survival, reproductive health, nutrition, hygiene, and early childhood development. DMI works in close partnership with leading experts in health, including WHO, UNICEF and LSHTM and has been funded by some of the world's most prestigious organisations including the Wellcome Trust, DFID, Comic Relief, the Global Innovation Fund, Unorthodox Philanthropy and the Mulago Foundation.

We are an innovative and rapidly growing organisation, working at the nexus between science and creativity. DMI has demonstrated that knowledge is not only a human right but is also the key to saving lives in a cost-effective way. Our intellectual rigour, enthusiasm, and willingness to learn from both our successes and mistakes, makes us distinct. Our ethos is non-hierarchical: all our staff are intellectually high-powered, and we have a "best idea wins" culture. By working at DMI you will have a genuine, measurable impact on improving lives in low-income countries.

DMI has a permanent presence in Burkina Faso, Mozambique and Tanzania and has recently expanded to Côte d'Ivoire, Ethiopia, Madagascar, Malawi, Uganda, and Zambia. Our headquarters overlooks the Regents Canal in Hoxton, London and provides the strategic direction for the whole organisation.

DMI is ranked as one of the most cost-effective non-profit organisations in the world by GiveWell and was the first organisation to receive the maximum rating from Impact Matters. It is also endorsed by the Centre for Effective Altruism, Giving What We Can and The Life You Can Save.

Find out more on our website.

Job description

DMI is looking for a Financial Accountant to join our small, friendly and dynamic London team.

Working with the Head of Finance and the finance team in the UK, and liaising with relevant staff in DMI's international offices, the successful candidate will play an important part in ensuring that DMI's finances are managed effectively and in line with internal policies and statutory requirements.

This is an ideal position for an experienced finance professional with previous experience in a similar finance role. Working as part of the head office staff for a company that operates internationally you will gain broad experience of how the finance function works in the international development sector.

More specifically, the Financial Accountant role will include the following responsibilities:

Ensuring that complete and accurate accounting records for all DMI's transactions are maintained, and accounting software is updated and reviewed in a timely manner. This includes accounts payable, receivable, cash, and payroll, with all transactions documented appropriately and relevant accounts reconciled each month.
Managing DMI's payroll process, including liaising with the outsourced payroll company in the UK, and ensuring that DMI's international offices process payroll in a timely and accurate manner.
Ensuring that DMI complies with all relevant financial legislation in the UK and any relevant legislation in the countries where DMI operates. This includes preparing VAT returns and assisting with other statutory returns such as Companies House reports and HMRC returns.
Month-End & Year-End:

Reviewing DMI's overseas office's monthly finance accounts to ensure transactions are coded correctly and have been generated in line with DMI's internal controls.
Uploading local financial accounts into the accounting software.
Supporting the Head of Finance and the Finance Manager in the consolidation of the yearly accounts and the completion of the audit.

Assisting with DMI's banking operations, including setting up accounts, updating mandates/signatories, making payments, and reconciling accounts.
Preparing Funder reports whilst ensuring compliance with funder requirements.
Acting as a point of contact for DMI staff in UK and overseas offices for finance queries and providing financial support to team members, ensuring that the policies and procedures of DMI are upheld.
Other duties as required by DMI.

Person specification

Required knowledge, skills and experience

Minimum of 3-5 years' experience in a similar finance role with a recognised qualification. Part-qualified candidates with particularly strong experience will be considered and supported.
Excellent IT skills with experience of operating financial management systems (DMI uses QuickBooks). Competent to advanced level in Microsoft Excel.
Knowledge of UK taxation including payroll taxes, VAT and corporation tax.
Understanding of standard business procedures around procurement and other financial controls.
Strong intellectual ability, with the capacity to flexibly manage multiple tasks / priorities.
Willingness and ability to take the initiative not only in identifying problems but also in suggesting and implementing solutions.
An eye for detail and a concern for accuracy, together with the ability to keep sight of the broader picture.
Excellent communication and people skills

Desirable knowledge, skills and experience

Language ability in French or Portuguese or other major global language, both written and spoken.
Experience of working with geographically displaced colleagues (ideally overseas).
Experience of working in the NGO/international development sector, and ensuring compliance with International donors' requirements.

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