Summary
Date Posted: Monday, June 20, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
Position Overview
Educate!, a fast-growing and award-winning social enterprise, is seeking a Finance Manager to take the lead in the finance operations in Uganda. We’re looking for someone who has the non-profit experience, delivers results while leading multiple projects, is willing to improve on processes and is able to lead change management processes.
The Finance Manager will directly supervise the Finance Coordinator and Finance Officer and report to Educate! Country Director. You will be the finance lead in the organisation ensuring the implementation of accounting and financial management functions, design and co-ordinate the implementation of sound accounting and financial management and control systems and procedures for all operational and administrative areas and facilitate the maintenance of accurate and up to date financial and accounting records for the effective and smooth running of all business operations under fast-changing and complex circumstances.

About Educate!
What if there was a way to measurably change the trajectory of the lives of youth across Africa? Since its launch in 2009, Educate! has worked to do just this, delivering outsized impacts at scale and at disproportionately low cost, through a product-led approach to youth development. As a disruptive, not-for-profit, social enterprise, our team leverages an obsession with evidence and entrepreneurial drive to tackle one our planet's greatest challenges - unlocking the potential of its youngest continent.
Educate!’s core model combines training in key skills with access to practical experience starting a business and mentorship, a formula that has been validated by several independent evaluations. This model is distributed through products targeting two lead channels. First, Educate! works with governments to help reform education systems at scale through policy change, teacher behaviour change and tech-enabled products targeting systems-level sustainability, while also working directly with select schools. Second, Educate! builds employment-focused bootcamps and business support services targeting out-of-school youth left out of the education system. To date, more than 200,000 youth have been meaningfully impacted by this model across Uganda, Rwanda and Kenya and along the way Educate! has become the largest youth skills provider in East Africa.
Educate! is a team of over 160 largely African staff and 300 volunteer youth mentors. We have been backed by top foundations and product leaders such as Imaginable Futures, Big Bang Philanthropy, Echoing Green, the 1st Google Employee’s foundation, the head of Google Search and Rippleworks Foundation. Educate! won a 2018 Klaus J. Jacobs Prize and a 2015 WISE Award, and has been highlighted by Bill Gates, in the World Bank’s S4YE's Impact Portfolio, an Al Jazeera documentary, BBC, and The Brookings Institution as one of 14 case studies in their global scaling education learning initiative. Educate! was also selected by the UN’s Generation Unlimited as 1 of 20 innovative youth solutions and by the Bill and Melinda Gates Foundation as a Goalkeepers Accelerator.
Educate!'s long-term vision is to design solutions that measurably impact millions of youth across Africa each year.

Performance Objectives
Financial Management & Oversight (30%)
• Provide leadership, and financial insights to the finance and accounting areas of the organization, proposing and implementing improvements in operational management processes to increase efficiency.
• Maintain control of the following areas: general ledger, accounts payable, expense reports, and payroll.
• Ensure full compliance with Uganda Revenue Authority, NGO Board and returns requirements and be the key contact with bank support personnel and Tax Advisors
• Ensure accurate and timely financial reporting for decision making and overall responsibility for maintenance of internal control systems
• Collaborate with other contracted finance support teams, and lead finance functions, especially with the budget owners/manager/ Operations team.
• Periodic meetings with the Regional Finance team (Managing Director and CFO) for all Educate! accounting needs and deliverables. Prepare a variety of ad hoc financial scenarios as requested.
Financial Reporting (30%)
• Ensure the monthly budget balances report is up to date and shared with budget holders. Minimize the number of errors from the team reports through constant feedback.
• Confirm expense codes on all requests as they are received, correct where necessary through the budget manager.
• Prepare, analyze, and submit accurate monthly financial and management reports, including; income statement, balance sheet, budget and variance, projections and forecast, and cash flow. Reporting as needed to the regional finance team on Educate! financials
• Coordinate the preparation of the audited financial statements and all tax returns
Financial Control & Accounting(20%)
• Observe and implement all Educate! accounting systems, payments, bookkeeping, statutory filing, revenue management, and improvement of payment systems
• Ensure that all financial transactions are processed accurately, in a timely manner, in accordance with generally accepted accounting principles through the Quickbooks system, identifying and correcting any variances.
• Develop, implement, and maintain processes and controls that are current best practices related to transaction processing.
• Manage, oversee, and process all of the following transactions: payroll, accounts payable, revenue and expense, fixed assets, cash, bank reconciliations, and allocations.
• Perform month-end closing procedures, including account reconciliations, and updating schedules.
Budget Management (20%)
• Support budget managers to prepare periodic budgets and provide clarity where needed.
• Ensure budgets are entered into the accounting system.
• Share monthly and quarterly BVA reports with budget holders for ease of planning.
• Monitor the budget memos and update the approved budgets and Quickbooks with the Budget Memos where needed
• Offer periodic training or refresher training to the teams aimed at improving financial management, discipline and accountability as stipulated in our policies and procedures.

Qualifications
• BSc. in Finance, Accounting or Business Administration or Commerce with CPA or ACCA Level II with proficiency in Ms Excel and Quickbooks.
• Finance & Accounting experience working in a non-profit environment.
• 7 years of experience in finance and accounting auditing, and financial analysis (including gathering, evaluating, presenting, and reporting financial information to management and external stakeholders). You should also have at least 3 years of managerial experience leading finance teams and cross-function collaborations.
• Proven experience handling $1+ Million annual budgets.
• Solid experience in coordinating audit activities and managing reporting, budget development and analysis, accounts payable and receivable, general ledger, payroll, and accounting.
• Entrepreneurial drive, proven ability to take ownership, lead the team’s combined learning and a collaborative, data-oriented approach to problem-solving.
• Fits our Five Cultural Tenets. Learn more by looking at Educate!’s culture deck here.
Terms
• Salary is commensurate with experience
• Attractive Benefits & Perks including Medical Insurance.
• Location is Kampala, Uganda.
What Is Educate! About?
We’re ambitious. Are you? Educate! is growing fast, so new opportunities are opening up and expanding all the time. We’re inspired by people with drive, and we love to help them reach their full potential. We expect everyone at Educate! to contribute above and beyond their job description, grow their skills, and advance their careers, and we are committed to supporting our staff members on that journey.
1. We Put Youth First - The youth we serve come first. Always. In everything. That means we wake up thinking of ways we can serve youth even better and get the highest impact out of every dollar that we spend. It means Educate! doesn’t own a single vehicle, because we’d rather take the bus if it means one more student can participate. It means making every decision like the future depends on it — because if we get our way, it does.
2. We Are Always Learning - When you work at Educate!, educating yourself is part of your job too. We encourage every employee to find the best book on management; share the latest article on graphic design; bring in your favorite college mentor; or meet the researcher pushing the edge of the field. We are always thirsty for knowledge and love to share.
3. We Only Solve a Problem Once - We are allergic to band-aids so we love the person who brings the new system to solve the problem for good, even problems we haven’t recognized yet.
4. We Are Flexible - We thrive on change — we’re driving it. We are growing every day, so we have to adapt quickly to meet new challenges, and our team keeps up.
5. We Exceed Expectations - We assume we can achieve the impossible because we already have, year after year. We want our staff to create their own challenges, ask the toughest questions, and dream scary big!
Terms
• Salary is commensurate with experience.
• Attractive Benefits & Perks including Medical Insurance.
• Location is Kampala, Uganda.
What Is Educate! About?
We’re ambitious. Are you? Educate! is growing fast, so new opportunities are opening up and expanding all the time. We’re inspired by people with drive, and we love to help them reach their full potential. We expect everyone at Educate! to contribute above and beyond their job description, grow their skills, and advance their careers, and we are committed to supporting our staff members on that journey.
1. We Put Youth First - The youth we serve come first. Always. In everything. That means we wake up thinking of ways we can serve youth even better and get the highest impact out of every dollar that we spend. It means Educate! doesn’t own a single vehicle, because we’d rather take the bus if it means one more student can participate. It means making every decision like the future depends on it — because if we get our way, it does.
2. We Are Always Learning - When you work at Educate!, educating yourself is part of your job too. We encourage every employee to find the best book on management; share the latest article on graphic design; bring in your favorite college mentor; or meet the researcher pushing the edge of the field. We are always thirsty for knowledge and love to share.
3. We Only Solve a Problem Once - We are allergic to band-aids so we love the person who brings the new system to solve the problem for good, even problems we haven’t recognized yet.
4. We Are Flexible - We thrive on change — we’re driving it. We are growing every day, so we have to adapt quickly to meet new challenges, and our team keeps up.
5. We Exceed Expectations - We assume we can achieve the impossible because we already have, year after year. We want our staff to create their own challenges, ask the toughest questions, and dream scary big!
Every person at Educate! — from interns to the executive director — is evaluated by how they live up to these five cultural tenets. They are at the core of how we achieve our mission and why we work as well as we do.
Educate is committed to providing an inclusive and welcoming environment for all who interact in our community. In creating this environment, we encourage people from a variety of cultures, backgrounds and life experiences to join our diverse team.

Work Hours: 8

Experience in Months: 84

Level of Education: Bachelor Degree

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