Summary
Date Posted: Tuesday, October 08 2024, Base Salary: Not Disclosed

JOB DETAILS:
Position Overview
Educate!, an award-winning non-profit social enterprise, is seeking a Finance Officer to work in our finance department in Uganda. You will be part of the finance team at Educate!. You will be responsible for enforcing compliance to Educate! procedures, Posting transactions into the accounting software, Staff Imprest advances management as well as other financial administrative tasks.
You will work closely with the Finance Manager to ensure timely preparation of monthly financials and BVAs. You will also collaborate closely with product teams and field staff to generate efficiencies in finance. The Finance Officer will report to the Finance Manager.

About Educate!
Africa has the world’s youngest and fastest-growing population. By 2035, the continent is poised to contribute more people to the global workforce each year than the rest of the world combined.
At Educate! we're obsessed with impact. We leverage iterative learning to build highly scalable youth employment solutions aimed at unlocking the potential of the world’s youngest continent.
Educate! prepares youth in Africa learn, earn and thrive in today’s economy by:
1) introducing an employment-focused school subject into secondary, and
2) delivering livelihood bootcamps for out-of-school youth, with a focus on marginalized rural girls and young women.
To date, more than 250,000 youth have been meaningfully impacted across Uganda, Rwanda, and Kenya, and along the way, Educate! has become the largest youth employment and skills provider in East Africa.
Educate! is a team of over 250 largely African staff and 300 volunteer youth mentors. We prioritize building an engaging, fulfilling and growth oriented work environment. 50% of our top 30 leaders have been with us for over 5 years, 10+ alumni have started their own organizations and 6 current or former team members were Acumen Fund East Africa fellows.
We have been backed by top foundations such as Imaginable Futures, Big Bang Philanthropy, #startsmall, Generation Unlimited, CIFF and Echidna Giving. Educate! won a 2018 Klaus J. Jacobs Prize and a 2015 WISE Award, and has been highlighted by the World Bank’s S4YE's Impact Portfolio, an Al Jazeera documentary, BBC, The Brookings Institution as one of 14 case studies on scaling education, and the Gates Foundation as a Goalkeepers Accelerator. In 2022, we received a catalytic investment from philanthropist Mackenzie Scott to scale our systems change work.
Educate!'s long-term vision is to design solutions that measurably impact millions of youth across Africa each year. By 2025, we aim to scale our annual reach by 4x and measurably impact over 400,000 new youth.

Performance Objectives
Quickbooks posting - 50%
• Prepares Journal Vouchers.
• Enter all journal entries into the accounting software (currently Quick Books).
• Reconcile ledger accounts.
• Produce daily transaction posting reports.

Enforcing Controls and compliance - 20%
• Ensuring that all payments are fully supported by requisite documentation before filing.
• Maintain detailed and traceable records of supporting documentation for all payment transactions.
• Ensuring that all staff accountabilities are in line with the updated Common Cost.
• Flagging any policy compliance issues to the Finance Manager for action.

Accounts Receivable – 20%
• Reconciling accountabilities against advances prior to posting to prevent partial accounting.
• Tracking balances returned from staff and ensuring it’s duly banked.

Trainings - 10%
• Training staff on finance procedures and processes
• Orientation of new staff
• Do feedback sessions on finance for both field and office staff

Qualifications
• Dynamic experience highly preferred, with demonstrated ability to operate well in complex and fast-changing environments
• 3+ years of work experience, with 2+ years of experience in finance and accounting, financial analysis.
• Passion for Educate!’s mission is a must, but past work in education or youth development is not required. We value diverse perspectives and encourage applications from people with a variety of backgrounds.
• Fits our Five Cultural Tenets (see What is Educate! About? below); Learn more by looking at Educate!’s culture deck here



Education Requirement: No Requirements

Work Hours: 8

Experience in Months: 36

Level of Education:

Job application procedure

Interested and qualified, Click here to apply.


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