Finance Manager NGO Job RELON
Finance Jobs, RELON Jobs. Finance Manager oversees financial reporting, manages project budgets, and ensures grant compliance, requires a Finance/Accounting Degree, CPA(K)/ACCA, and 5+ years NGO finance experience. Contract role in Nairobi.
Job Purpose
- Finance Manager is responsible for providing strategic and operational leadership in the finance department to drive the organization’s financial performance and ensure compliance with regulatory requirements and accounting standards.
Responsibilities
- Oversees all financial operations, including budgeting, forecasting, financial reporting, cash flow management, and risk management
- Develop and implement financial strategies, policies, and plans aligned with the organization’s goals, objectives, and vision.
- Provide leadership and direction to the finance team, including finance officer, Assistant finance officer to achieve departmental and organizational objectives.
- Manage the annual budgeting process, working closely with program officers and management to develop and review budgets, forecasts, and financial plans.
- Monitor financial performance against budget, forecast, and key performance indicators (KPIs), analyzing variances and trends and providing insights and recommendations to improve financial results.
- Ensure timely and accurate preparation of financial statements, reports, and disclosures in accordance with accounting principles, regulatory requirements, and internal policies.
- Coordinate and liaise with external auditors, tax authorities, and regulatory agencies to ensure compliance with financial reporting and tax obligations.
- Develop and maintain effective internal controls, policies, and procedures to safeguard assets, mitigate risks, and ensure integrity and accuracy in financial reporting and operations.
- Assess and manage financial risks, including currency exchange risk, interest rate risk, credit risk, and market risk, and implement strategies to mitigate and manage these risks effectively.
- Lead financial analysis and modeling initiatives to support strategic decision-making, investment evaluation, and business planning processes.
- Provide financial insights and guidance to senior management and the board of directors, presenting financial performance, forecasts, and recommendations at meetings and presentations.
- Foster a culture of accountability, transparency, and continuous improvement within the finance department, promoting teamwork, professional development, and excellence in performance
- Ensure compliance with donor financial requirements, grant agreements and approved budgets.
- Work closely with management and program officers to ensure expenditure complies with approved budgets and procurement procedures.
- Perform any other finance related duties assigned by the Executive Director.
Requirements and Qualifications
- Bachelor’s degree in Finance; master’s degree in finance or Accounting is preferred.
- Professional certification, including Certified Public Accountant (CPA), or Chartered Accountant (CA), is highly desirable.
- At least Seven (7) years of progressive professional experience in finance and accounting with at least 3 years in a senior finance or managerial position
- Proven experience in finance leadership roles, with a record of accomplishment of success in financial management, strategic planning, and Grant management.
- Proven experience Managing Donor-Funded grants, including preparation of donor budgets, financial report, expenditure monitoring and grant compliance
- Deep knowledge of financial principles, accounting standards, taxation, and regulatory requirements applicable to the organization’s geographic locations.
- Strong analytical and problem-solving skills, with the ability to analyze complex financial data, identify trends and insights, and develop actionable recommendations.
- Excellent communication and interpersonal skills, with the ability to articulate financial concepts and insights to non-financial stakeholders effectively.
- Leadership qualities, including vision, integrity, strategic thinking, and the ability to inspire and motivate teams to achieve excellence.
- Experience in managing cross-functional teams and collaborating with stakeholders at all levels of the organization, including senior executives and board members.
- Proficiency in financial analysis tools, modeling techniques, and enterprise resource planning (ERP) systems, Online or desktop QuickBooks, SAP, Oracle, or Microsoft Dynamics.
- Results-oriented mindset, with a focus on driving financial performance, maximizing profitability, and creating long-term shareholder value.
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