Finance Coordinator at Educate!

Educate! is looking for a proactive and detail-oriented Finance Coordinator to join our growing team in Kenya. In this critical role, you will be at the core of our financial operations, ensuring seamless cash flow planning and efficient disbursement of funds across various payment platforms. You will also play a key role in managing relationships with stakeholders and ensuring compliance with tax and statutory obligations.  

As we continue to expand our impact, your expertise will be essential in fostering collaboration between Finance and the rest of the organization. If you thrive in a fast-paced environment, are passionate about financial management, and are eager to contribute to a mission-driven organization transforming education, we’d love to have you on board! 

Performance Objectives

Disbursements (50%)

• Timely processing of all payments
• Advising staff on proper procedures for the various types of payments
• Liaising with banks, aggregators and digital payment platforms to ensure smooth payment processing
• Liaising with procurement and product teams to ensure set payment days are adhered to
• Following up with approvers and bank signatories
• Filing and payment of taxes including withholding tax & NSSF 

 Budget Management and Controls (20%)

• Involved in the preparation of periodic budgets and updates
• Together with the Finance Manager, collaborate with budget managers by sharing budgets and providing support and clarity where needed.
• Ensure budgets are entered into the accounting system.
• Ensure Budget Versus Actual reports are prepared and have clear explanations at month-end.
• Share monthly Budget Versus Actual reports with budget holders for ease of planning.
• Share quarterly Budget Versus Actual reports with clear explanations
• Monitor the budget memos and update the approved budgets and Quickbooks with the Budget Memos where needed

Cash Flow Planning & Forecasting (20%)

• Sourcing and preparation of cash projections from all departments
• Preparation of cash requests for the US office
• Exchange rate negotiations with bank treasury teams

Trainings (10%)

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