Vacancy title:
East Africa Finance Director
Jobs at:
Bridges to Prosperity (B2P)Deadline of this Job:
Monday, January 29 2024
Summary
Date Posted: Monday, January 15 2024, Base Salary: Not Disclosed
JOB DETAILS:
Job Purpose
B2P is a purpose-driven organization, focused on rapidly scaling our solution globally. To support our ambitious growth strategy, we are on the hunt for a East Africa Finance Director who is responsible for full cycle financial reporting for program countries, the development of financial metrics and data analytics, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results. This role will initially require a hands-on approach to develop business processes and train other finance staff.
Duties and Responsibilities
Finance and Planning
• Oversee program country cash flow planning and ensure availability of funds as needed.
• Maintain in program country banking relationships
•Coordinate the development and monitoring of budgets for program countries
o Represent the organization to local financial partners, including financial institutions, investors, foundation executives, auditors, public officials, etc.
• Remain up to date on nonprofit audit best practices in program countries
Accounting and Administration
• Management program accounting staff on a day-to-day basis to ensure proper maintenance of all accounting systems and functions
• Maintain and approve appropriate internal controls and financial policies & procedures
• Review monthly transactions for all program countries – including but not limited to Rwanda, Uganda, Ethiopia, Zambia, Côte d’Ivoire, and Kenya and future country expansion
• Review the capabilities and capacity of the regional finance department and provide and implement recommendations for improvement by evaluating, training, or coaching the individuals and the team as a whole
• Review and prepare as necessary program country journal entries
• Prepare standalone monthly program country financial statements
• Prepare variance reports and explanations against budget
• Assist country managers and directors with budgets and forecasts
• Lead and coordinate local country audits and proper filing of tax returns as required by working with local accounting staff and public accounting firms
• Ensure legal and regulatory compliance regarding all financial functions
HQ Payroll and Employee Benefits Management
• Oversee and approve monthly payroll processing in each program country
• Work with the Director of Talent to implement and country employee benefits including medical, paid time off and professional development plans
• Time tracking and salary expense allocations
Legal and Risk Management
• Understand and mitigate key exposure points within the organization’s risk profile
• Oversee local legal representation engaged as needed for local advice and compliance
• Construct and monitor reliable control systems
• Assist program managers and directors with evaluating and maintaining appropriate insurance coverage in country
• Ensure that the company complies with all legal and regulatory requirements
• Ensure that record keeping meets the requirements of auditors and government agencies
Additional Responsibilities:
• Standard data analytics related to accrued revenue, days outstanding for government reimbursements, bridge project costs, and allocations
• Ad hoc data analytics as needed
Qualifications
Qualifications include:
• A minimum of a BS in Accounting and CPA K or similar designation
• A Masters in a relevant field is preferred
• A mix of public and private industry preferred
• At least 7 years experience in a key financial role, preferably in an organization with a budget of at least $5 million, experience partnering with senior staff, resulting in the development and implementation of creative financial management strategies.
• Non-profit management experience is a plus
• Experience managing staff both local and remote: cross-cultural experience a plus
• Significant experience in or knowledge of nonprofit accounting, including fund and grant accounting, compliance, and reporting
• Experience with organization set-up and registration in the region
• Experience working with information technology staff to manage finance and accounting software packages.
• Excellent written and oral communication skills.
• Demonstrated leadership ability, team management, and interpersonal skills.
• Excellent analytical and abstract reasoning skills, plus excellent organization skills.
• Working knowledge of East African corporate, financial and tax law and risk management practices
• Excellent knowledge of data analysis and forecasting methods
• The candidate should preferably be an East African national or an East African permanent resident
Work Hours: 8
Experience in Months: 84
Level of Education: Bachelor Degree
Job application procedure
Interested and qualified? Click here to apply
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