Finance Director
- Full-time
Company Description
SHOFCO is a grassroots organization that unlocks the potential of urban slum dwellers to lead hopeful and fulfilling lives. SHOFCO disrupts survival mode by providing critical services including health care, clean water, education, and economic empowerment; and links these efforts to a community-led advocacy platform. Over the next 5-10 years, SHOFCO aims to become a national platform for urban slum transformation across Kenya, demonstrating a scalable and replicable model that can be used around the world.
Are you a professional seasoned finance director? If so, then we are looking for you. Our client would like to fill the position of Finance Director who will be reporting to the Chief Finance Officer.
Job Description
The Finance Director will be based in our Kibera office and be responsible to Chief Finance Officer and will be in charge of oversight and leadership of all financial operations and financial reporting of both Kenya and USA operations. In particular, the Director has oversight of internal control systems and procedures, risk management, organizational and project budgeting. The Director will be responsible for training and mentoring staff on financial policies and procedures, donor regulations, financial systems, and works closely with program staff to ensure compliance with all donor regulations and effective and proactive financial management.
Responsibilities
- Directly oversee all financial and accounting activities.
- Develop, implement, and maintain sound financial management policies, systems, structures, and procedures for Kenya and New York Office and ensure alignment with donor rules and regulations.
- Responsible for processing statutory and tax returns for both Kenya and USA and ensuring compliance with laws and regulations for SHOFCO entities.
- Provide financial management and analysis for all aspects of the SHOFCO operations and programs, ensuring all costs incurred are accounted for and in compliance with local laws, donor regulations, and SHOFCO policies and procedures.
- Develop financial models to support the preparation of budget scenarios and alternatives for programs and operations.
- Provide financial control, develop financial reports, and make recommendations to programs and the CFO on budget expenditures.
- Ensure financial operations and reporting are in accordance with donor contractual requirements.
- Manage cash flow forecasts and monitor liquidity, including decisions on foreign currency transactions.
- Responsible for statutory, project-specific, and internal audits and serves as the focal point for internal, government, and/or donor audits.
- Follow up and implement on a timely basis internal, government, and/or donor audit recommendations.
- Serve in the procurement and tender committees
- Maintain updated information regarding grants and contracts, reporting requirements, and financial restrictions.
- Assist in program development and proposal preparation as needed by preparing and reviewing the budget and budget notes for programs as required.
- Ensure accurate and timely processing of payroll, associated taxation, and compliant timekeeping and associated allocations for all SHOFCO staff.
- Responsible for preparation and circulation of management reports, budgetary control reports, grants reports, and board decks.
- Supervise and oversee finance staff and other consultants assigned to areas of responsibility.
Qualifications
- University degree or advanced degree in accounting, finance or related area and fully qualified accounting qualification (e.g. CPA, ACCA, etc)
- Minimum of 10 years or equivalent experience managing finance, with at least 5 of those 10 years managing finance for donor-funded programs.
- US GAAP and IFRS experience is required
- Advanced knowledge of non-profit accounting practices, donor rules, and regulations.
- Experience with ERP (SHOFCO uses SAP and SAP experience is highly desirable)
- Strong budgeting, financial reporting, and organizational experience and skills.
- Strong focus on proactive problem-solving.
- Excellent command of Microsoft Excel; good knowledge of standard office programs
- Experience directly managing and developing the skills of direct reports and other staff.
Additional Information
How to apply: If you are interested in the position and have the skills and talents our client is looking for, we would like to hear from you. Please make your application to info@dorbe-leit. co. ke before the close of business on 10th March 2022. Only successful candidates will be contacted.
Remuneration: Include your current and expected salary in your cover letter or CV.