Finance Manager at Africa Enterprise Challenge Fund (AECF)

The Finance Manager(FM) will report to the Associate Director of Finance (ADF) and will be a part of the core finance team at AECF, responsible for overall financial management. The position holder will assist the Associate Director Finance in ensuring the organization’s financial health and supporting sound management decisions.

Key Responsibilities

• Support the financial planning and budgeting process, both proposal and institutional budgets. This involves collaborating with project managers and departmental heads to develop budgets that align with the organization's strategic objectives and donor requirements.
• Implement appropriate budgetary controls to meet targets without exceeding budget allocations.
• Ensure timely preparation and review of donor financial reports and management accounts.
• Convene monthly meetings to review and address issues arising from program financial reports and management accounts.
• Responsible for continuous engagement with program teams to ensure an in-depth understanding of the donor regulations, budgets, and reporting requirements.
• Support in the management of institutional and donor-specific audits.
• Oversee cash flow management to support routine and annual financial commitments.
• Review payments to ensure that they are properly supported and adhere to established internal controls.
• Ensure compliance with the relevant legal and regulatory requirements, including tax laws and donor stipulations.
• Review journals, ensuring that proposed entries are accurate and properly supported.
• Staff supervision and continuous capacity building.

Suitable candidates should:

• Possess a bachelor’s degree in economics, Statistics, Commerce, or Finance from a recognized university.
• Have professional qualifications in Finance (CPA, ACCA) or a related field.
• Be able to demonstrate progression in finance leadership and supervisory roles with at least eight (8) years of experience managing the finances of an international non-profit organization, preferably with bilateral donors.
• Have strong proficiency in advanced Excel features.
• Be able to demonstrate familiarity with data query/management tools (Access, SQL, Business Objects) will be an added advantage.
• Have the ability to communicate clearly and concisely both orally and in writing.
• Be fluent in English. Proficiency in additional languages, e.g., French, is an added advantage