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  • Posted: Jan 27, 2020
    Deadline: Feb 4, 2020
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    The AECF provides catalytic funding in the form of repayable and non-repayable grants to businesses that would not otherwise have access to adequate financing. The AECF is part of the Alliance for Green Revolution in Africa (AGRA) family and has been supported by governments (Australia, Canada, Denmark, The Netherlands, Sweden and United Kingdom), and int...
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    Finance & Administration Officer, Kakuma Kalobeyei Fund

    Ref Number: AECF/Finance2

    Position Level: JG 6

    Reports to: Senior Finance Officer

    Department: Finance

    Start Date: March 2020

    Locations: Kakuma, Kenya

    About Kakuma Kalobeyei Challenge Fund (KKCF)

     

    The KKCF is a competitive financing mechanism for disbursing donor funding to incentivize for-profit companies, social enterprises, and local and refugee entrepreneurs to start or scale existing operations in the Kakuma-Kalobeyei area. Attracting the private sector to the area and supporting local entrepreneurs has the potential to expand job opportunities, improve services, provide more choice, and reduce prices. In turn, this could enhance the self-reliance and socioeconomic integration of both refugee and host communities, while also contributing to the development of Turkana County.

     

    KKCF is a program of International Finance Corporation (IFC) and AECF is the implementing partner.

    We seek to recruit a Finance and Administration Officer who will support us in enhancing efficiency and financial controls in the Kakuma Kalobeyei Challenge Fund Programme (KKCF).

    Purpose of the role:

    Reporting to Senior Finance Officer, the incumbent will be expected to work flexibly and collegially to support the financial and administrative aspects of Kakuma Kalobeyei Challenge Fund Programme (KKCF). The individual will be responsible for providing timely and efficient accounting and financial support service specifically to this programme while ensuring accuracy and completeness in the payment processes, data management, maintaining high financial management and control standards as well as providing administrative support to the program team.

    The Finance & Administration Officer serves as the finance liaison to AECF’s donors and will represent AECF at any of donor and Program partner meetings and ensure consolidation of the periodic award budgets, financial reports, strong tracking of program expenditures, continual analysis of program cash flow and ensure compliance with AECF’s and donor policies.

    Key responsibilities:

    • Financial Management
    • Support in ensuring the accuracy of postings that align with the Programme design and budgets.
    • Provide overall financial oversight to KKCF at all stages including timely preparation of budgets and financial reports.
    • Maintain a primary relationship and correspondence with donors on all financial requests and queries.
    • Develop and update Program-specific budget and financial reporting templates for AECF and investees, as requested by the donor.
    • Assist the management accounting team and Head of Finance to prepare accurate and reasonable institutional budgets and budget narratives, consistent with the institutional strategy and adhere to donor and AECFpolicies
    • Provide periodic budget monitoring reports to the program teams to guide in decision making with the ultimate aim of meeting donor expectations.
    • Track, report and consolidate monthly program expenses, burn rates and cash received from donors/funders.
    • Prepare consolidated programme financial reports based on the contract obligation schedules.
    • Maintain and monitor a consolidated investees financial tracking tool for the entire program.
    • Ensure program audits are conducted on time and audit findings resolved adequately.
    • Administration:
    • Assist in the maintenance of an inventory database and ensure insurance cover is in force at all times.
    • Receive all inventory items from suppliers, verify such deliveries against approved orders and ensure such items are safely stored.
    • Maintain relationships and liaise with service providers for timely and quality services at all times.

    Required qualifications and experience:

    • Bachelor’s degree in Commerce, Accounting or Finance specialisations or similar qualifications.
    • Must be a Certified Public Accountant (CPA) or hold an equivalent professional accounting qualification e.g. ACCA.
    • Minimum of 5 years’ experience in program accounting and financial management in not for profit sector and/or development finance institutions. Experience working with IFC/World Bank-funded programs desirable.
    • Computer proficiency and familiarity with a range of software applications including MS Excel, MS Word.
    • Proficient in Serenic Navigator software.
    • Excellent analytical and communication skills with the ability to prepare financial reports to a high level of proficiency.
    • Good interpersonal skills and ability to work with a cross-cultural team.
    • Excellent written and spoken English is essential;
    • Knowledge of any local language (Kiswahili, Juba Arabic, Somali, Turkana) is an asset.

    AECF is an Equal Opportunity Employer.

    Method of Application

    If you believe, you can clearly demonstrate your abilities to meet the relevant criteria for the role, please submit your application quoting  the position and the ref number in the subject line the Job Title e.g  “Communications Manager – AECF/CM/2020” and attach a detailed CV with the correct e-mail address and telephone contacts.

    Kindly note that the call for applications will remain open until the position is filled. Address your application to: recruitment@aecfafrica.org.

    Only shortlisted candidates will be contacted.

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