Minimum Qualifications
Successful candidates will have both technical skills in finance, plus alignment with company vision and values. Successful candidates must navigate fast-paced environments with enthusiasm and incredible attention to details.
Minimum qualifications include:
- University degree in accounting or related field, a Master's degree is preferred
- Professional qualification such as CPA, ACCA, CIFA, or CFA preferred
- At least 7 years of work experience in Financial Planning and Analysis, Budgeting and Treasury Management.
- Skilled in the use of Microsoft Word, Excel and skills in using accounting software
- Proficiency in financial modeling and forecasting
- Strong analytical and problem-solving abilities, with a keen attention to detail.
- Excellent verbal and written communication skills, with the ability to convey complex financial information to non-financial stakeholders.
- Proven ability to lead and manage cross-functional teams, fostering collaboration and driving results.
- Good understanding and application of IFRS
- Strong negotiations skills
- Understanding of financial reporting and management reporting
- Takes initiative and is proactive in identifying issues and proposing solutions
- Ability to meet deadlines and work independently with the highest level of integrity
- Fluent in English and any at least one East African language.
What You'll Get
This role is inside a high-growth, mission-driven social enterprise. By joining, you’ll access:
- Competitive salary, and potential Goal-based bonus
- Incredible company culture, including deep investment in your learning and growth
- Diverse colleagues and policies that show our commitment to equity and inclusion
- Talented, passionate, and committed team colleagues across the region
- Ability to make a significant social impact to your community
- Generous health insurance, staff savings, parental leave, sabbatical, and more benefits.
We are seeking a skilled, dynamic and proactive Financial Planning and Analysis (FP&A) Manager to oversee the financial planning, budgeting, and treasury functions of the organization. The FP&A Manager will ensure the company's financial health by providing strategic financial insights, managing cash flows, and optimizing the use of financial resources. Key responsibilities include:
Responsibilities
Treasury Management & Investment (40% time)
- Cash Management: Oversee cash flow management to ensure adequate liquidity for operational needs. Monitor and forecast cash positions, manage bank accounts, and ensure efficient cash utilization.
- Investment Management: Develop and implement investment strategies to maximize returns on surplus funds while ensuring safety and liquidity. Monitor market conditions and adjust investment portfolios as needed.
- Financial Risk Management: Identify, assess, and manage financial risks related to interest rates, foreign exchange, and other market exposures. Implement hedging strategies to mitigate risks.
- Banking Relationships: Manage and maintain relationships with banks and financial institutions. Negotiate terms and conditions of banking services and facilities.
- Treasury Operations: Develop and implement treasury policies, procedures, and controls. Ensure compliance with internal policies and external regulations.
- Reporting and Analysis: Prepare regular treasury reports and analyses for senior management. Provide insights and recommendations based on financial data and market trends.
- Process Improvement: Continuously seek opportunities to improve treasury processes and systems. Implement best practices and leverage technology to enhance efficiency.
Budget Management( 40% time)
- Budget Development: Lead the annual budgeting process, working closely with department heads to prepare, consolidate, and review budget submissions.
- Financial Planning: Develop and maintain financial models and forecasts to support strategic planning and decision-making.
- Budget Monitoring: Track and analyze budget performance, identifying variances and providing recommendations for corrective actions.
- Reporting: Prepare comprehensive financial reports, including monthly, quarterly, and annual budget-to-actual analysis.
- Variance Analysis: Conduct in-depth analysis of budget variances, identifying trends, risks, and opportunities for improvement.
- Collaboration: Work collaboratively with department managers to understand their financial needs and provide guidance on budget management.
- Cost Control: Implement and monitor cost control measures to ensure efficient use of resources and adherence to budgetary constraints.
- Policy Compliance: Ensure compliance with internal financial policies and procedures, as well as relevant regulations and standards.
- Continuous Improvement: Identify and implement process improvements to enhance the efficiency and effectiveness of the budgeting process.
- Training and Support: Provide training and support to staff on budgeting and financial management practices.
Administration and Operations (20% time)
- Coordinate with the development team to understand fundraising plans
- Coordinate with the Investment and finance teams to ensure funds are managed as planned
- Work with Management during the annual budget preparation process
- Attend meetings with partners and funders as and when invited.