Senior Finance Manager

Full Time
Nairobi
Posted 8 months ago

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The International Rescue Committee is a global non-governmental organization dedicated to humanitarian aid, relief, and development.

Senior Finance Manager

Job Type: Full Time

Qualification: BA/BSc/HND, MBA/MSc/MA

Experience: 3 years

Location: Nairobi

Job Field: Finance / Accounting / Audit

Job Description:

The Senior Finance Manager holds overall responsibility for the financial and grant management functions of the Teach  Well project. This role involves accurately controlling and managing accounting systems for the project, collecting and processing IRC’s financial data, and providing timely, accurate, and understandable financial information to management, donors, grantors, creditors, and other stakeholders.

Key Responsibilities:

  1. Acts as the principal finance function within the Teach Well Consortium.
  2. Serves as the main liaison with IRC NY on all finance, accounting, grant budget management, and cash management matters related to the Teach  Well project.
  3. Collaborates with program staff to prepare grant budgets, support budget realignments, develop spending plans, and review expenditures.
  4. Represents the finance function at all Project cycle management meetings related to Teach  well.
  5. Prepares donor financial reports in accordance with donor agreements and ensures compliance with donor regulations for all aspects of the project’s operations.
  6. Participates in Nairobi BvAs (Budget versus Actuals) review meetings and provides feedback on all finance-related action points, closely monitoring the Teach  Well grant to ensure spending is on track.
  7. Reviews actual versus budget results to ensure maximum utilization of budgeted amounts and provides recommendations for realignments as required.
  8. Ensures that BvAs are provided to relevant parties on time and accurately by the 15th of every month.
  9. Serves as a focal person for all grant reporting, spending plans, and related matters in the project.
  10. Submits accurate and timely donor reports to relevant staff.

Financial Reporting, Internal Controls, and Audit Management:

  1. Ensures that all policies and procedures adhere to IRC and funding source policies, procedures, and requirements.
  2. Establishes finance and supporting function policies, systems, and procedures as required, and oversees their development, documentation, and implementation.
  3. Designs, implements, and monitors systems, procedures, and reporting to maintain accurate forecasts of cash requirements for future spending.
  4. Supervises the collection of contractual and other receivables.
  5. Develops schedules and performs or supervises internal control audits, initiating actions to correct internal control weaknesses.
  6. Coordinates external, internal, donor, or government audits for the project.
  7. Oversees the protection of the country’s assets through the enforcement of internal control policies and procedures.
  8. Stays up to date with local government requirements related to financial matters and ensures compliance with tax regulations and legal requirements.

Subgrants:

  1. Provides financial training to Teach   Well partners identified in the Partnership Capacity Assessment.
  2. Assists the Partnership and Grants Manager in reviewing sub-grantees’ financial reports.
  3. Tracks partners’ spending and advises the Deputy Project Director and the project Senior Management Team as needed.
  4. Reviews partner financial reports and supporting documents to ensure compliance with the partnership agreement, donor regulations, and IRC policy.
  5. Leads timely and effective finance review and reflection (monitoring) and provides completed reports to the Partnership Lead.
  6. Assists in the close-out of partnership agreements, including financial verification and asset confirmation.
  7. Collaborates with the Crisis Modifier (CM) Senior Manager to develop financial sub-granting procedures in line with IRC policies and regulations.

Other:

Carries out any other duties as assigned by the supervisors.

Qualifications:

  • A bachelor’s degree in accounting, Business Administration, Commerce, or Finance, with a recognized professional certificate in accounting such as CPA or ACCA.
  • A master’s degree with a Finance concentration is an added advantage.
  • Not less than 3 years at a senior level within the Finance Department of an international organization, with experience in the humanitarian sector being an added advantage.
  • Extensive experience in working with computerized accounting systems, standard spreadsheet, and database programs.

Required Experience & Competencies:

  • Excellent written and spoken English.
  • Proactive and self-starter.
  • Able to identify and communicate potential problems and propose solutions.
  • Able to function effectively in a loosely structured, complex work environment and set appropriate priorities.
  • Ability to carry out responsibilities independently with minimal technical support.
  • Good communicator who can function in a diverse organizational environment.
  • Committed to staff training and development.

Method of Application:

Interested and qualified candidates should apply through the International Rescue Committee website.

Job Features

Job CategoryFinance / Accounting / Audit

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