Mennonite Economic Development Associates is hiring a
Mennonite Economic Development Associates (MEDA) invites applications for a Finance Officer to join our dedicated and talented team in Davao City, Philippines on our mission to create business solutions to poverty!
MEDA’s work is built on a foundation of Mennonite business roots and faith-based values, within the global context of the UN Sustainable Development Goals. We believe business solutions are effective interventions to address poverty. Through a market-systems approach and strategic partnerships, MEDA enables access to finance and provides business and technical expertise to build transformative agri-food market systems that create decent jobs, allowing traditionally excluded groups to become active participants in a sustainable economy. MEDA welcomes all who share our values and want to join us in our mission. To find out more about MEDA, please visit our website at www.meda.org.
The five-year initiative, Resilience and Inclusion through Investment for Sustainable Agrikultura (RIISA), strives for more resilient and inclusive economic growth for women and men cacao smallholder farmers (SHFs), including religious and ethnic minorities, in Mindanao, Philippines, from strengthened cacao market systems supported by investment. With a focus on Davao region and exposure to the Bangsamoro Autonomous Region of Muslim Mindanao (BARMM), RIISA responds to multiple challenges in the Philippines cacao sector and draws on MEDA’s experience in market systems development (MSD), Environment, Social and Governance (ESG) business support, gender lens investing (GLI), gender equality and social inclusion (GESI), and environment and climate change (ECC). RIISA will address sectoral constraints by piloting an innovative market systems approach that identifies cacao market system gaps, mobilizes investment capital, and strengthens local capacity; as well as strategically gathering learnings that can be replicated to strengthen the cacao sector’s enabling environment.
With support from the Government of Canada, MEDA is implementing Resilience and Inclusion through Investment for Sustainable Agrikultura (RIISA). This project aims to support inclusive economic opportunities in the poor, rural areas of Mindanao (Davao Region and BARRM areas), in the Philippines. Aligned with the Government of the Philippines’ post-coronavirus (COVID-19) recovery response, this project works to increase the productivity of cacao farms and enterprises, particularly those led by women, while promoting gender equality and resiliency in communities vulnerable to conflict and climate change.
RIISA will address cacao SHFs socio-economic challenges while contributing to market systems resilience (MSR) by:
The Finance Office will support the Finance Manager in the office level expenditures and ensure that MEDA financial policy is appropriately implemented. This will include ensuring the completeness and validity of documentation for every financial transaction. He/she will see to it that recording and recordkeeping is maintained appropriately and the establishment of appropriate filing systems and document retention policy is complied with.
Job Status: Full-time Contract
Anticipated Start Date: February 2023
Location: Davao City, Philippines
Accounting for Financial Transactions and Financial Reporting
Assist the Finance Manager to ensure that the general accounting functions are completed on a timely basis
Ensure proper coding and classification expenses as per the approved budget.
Preparation of appropriate vouchers including correct accounting entries
Timely recording and uploading of financial transactions into MEDA’s accounting software
Undertake MEDA’s accounting software financial processes, journal entries, end month closure processes such as but not limited to bank reconciliation, fixed assets depreciation, etc.
Assist in preparing the monthly, quarterly, and annual financial reports including various schedules to the balances in the financial statements
Prepare inter office charges and entries.
Support in monitoring of budgets and variances
Review office petty cash expenses and supporting documents for approval, budget, reasonability, and compliance
Process payments and ensure appropriate approvals and signing authorities are observed.
Assist in management of staff advances.
Perform the roles of “Maker” for the online banking facility such as but not limited to monthly payroll, etc.
Ensure periodic filing of financial documents such as vouchers and supporting documents and manage them to facilitate efficient retrieval.
Internal Controls and Risk Management
Compliance with Policies and Regulatory Bodies
Any other duties and/or requirements as assigned
Education: Bachelor’s degree in Accounting, Management Accounting or another relevant field
Experience: At least 3 years’ experience in accounting, finance and sub-grant management with international projects
APPLICATION DEADLINE: Applications will be reviewed on a rolling basis when received. All employment decisions are made on the basis of qualifications and organizational needs. Only successful applicants will be contacted.
MEDA is an equal opportunity employer dedicated to creating an inclusive and diverse environment of mutual respect_. Reasonable accommodation for applicants with disabilities are available during all phases of the recruitment process. We ask that any applicants requiring such accommodation make their needs known in advance._