Finance Manager at Africa Enterprise Challenge Fund (AECF)

• We seek a Finance Manager who will support sound management decisions related to the overallorganization’s financial health. The role holder will develop institutional and program budgets based on AECF’s strategy and a regularly updated cost structure, conduct a continuous financial sustainability analysis, develop management and board financial reports, and ensure compliance with AECF’s and donor policies and regulations.

The role will report to the Head of Finance.

Key Responsibilities

• Financial planning includes preparing institutional and program budgets, cash flow forecasts, and implementing appropriate budgetary controls.
• Preparation of timely, accurate, and relevant management and board financial reports and any other management information that may be required occasionally.
• Develop and regularly update program-specific budget and financial reporting templates for AECF and investees.
• Ensure all program Audits are conducted on time and audit findings are resolved adequately.
• Perform financial forecasting, reporting, and tracking of the relevant metrics.
• Analyse financial data and create financial models based on AECF’s focus areas for decision support.
• Support the continuous analysis of trends and forecasts, review AECF’s cost structure, and recommend any needed adjustments for optimization.
• Convene monthly program financial review meetings and oversee implementation of agreed actions.
• Support the Head of Finance in strengthening and ensuring adherence to the internal control systems.

Required Qualifications

Our ideal candidate will exhibit the following qualities:

• Bachelor’s degree in economics, Statistics, Commerce, or Finance from a recognized university.
• Professional qualification in Finance (CPA, ACCA) or related fields is mandatory.
• Membership to a Professional body.
• Demonstrable experience of at least (8) years managing the finances of a $20 million international non-profit organization with a mix of funding sources, preferably bilateral donors.
• Competence in financial analysis and forecasting.
• Experience with bilateral donors such as FCDO, GAC and SIDA.
• Strong proficiency in advanced Excel features.
• Ability to communicate clearly and concisely both orally and in writing.
• Fluency in English is required, and proficiency in additional languages – French is preferred.