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  • Posted: Jul 26, 2022
    Deadline: Aug 8, 2022
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  • The Aga Khan Foundation (AKF) is a private, not-for-profit international development agency, which was founded in 1967 by Prince Shah Karim Al Hussaini, Aga Khan IV. AKF seeks to provide long-term solutions to problems of poverty, hunger, illiteracy and ill health in the poorest parts of South and Central Asia, Eastern and Western Africa, and the Middle East...
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    Finance Officer

    Job Summary

    The Finance officer will champion production of quality budgeting and financial reporting of property portfolio including ensuring property cashflow is adequate at all times, timely acknowledgment & reporting of donations received, ensure compliance with tax laws of Kenya and internal policies of Aga Khan Foundation.

    Essential Duties and Responsibilities

    Managing property accounts Receivables, Payables & Reporting

    • Prepare and dispatch all rent invoices and ETR receipts and ensure monthly rent schedules are accurately prepared and submitted each month by 10th.
    • Prepare monthly rent schedules and receivable ageing report.
    • In collaboration with property manager, follow up on rent receivables.
    • Review Rental amounts against lease agreement.
    • Prepare analytical property reports as and when requested.Re
    • view reimbursements documents as received from non-commercial entities & ensure payables are cleared on time.
    • Manage input and output VAT
    • Prepare annual property budget and as when required
    • Ensure terms of the lease agreements are enforced.
    • Manage cashflow and ensure excess cash is invested for maximum returns
    • Be the point finance person for receiving property reports for Uganda & Tanzania

    Donations & other restricted funds

    • Issue donation certificates & receipts to both individual and corporate donors.
    • Follow up on due diligence for new donors within the community
    • Prepare and share the reports related to these donations
    • Prepare disbursements for specific projects such as scholarships & constructions.
    • Be the point person to receive accountability reports from AKDN partners
    • Prepare monthly bank reconciliations.

    Audit & Compliance Review Support

    • Support foundation’s annual internal audit and Compliance Review functions and follow up of findings especially related to the above 2 responsibilities
    • Participate in the preparation of audit schedules and facilitation of the actual audit process.
    • Ensure timely resolution of all identified findings in audits

    Other Responsibilities

    • Maintaining and updating an up-to date Fixed asset register and ensure all assets are well tagged and identifiable on need basis and quarterly basis submit to the management.
    • Facilitate the preparation and submission of Tax returns including PAYE, VAT & Withholding Tax.
    • Follow up on dividends and record in the books.

    The requirements

    Education & Experience

    • Bachelor’s degree in related field.
    • CPA K or equivalent.
    • Minimum Three years working experience in finance & accounting.

    Knowledge, Skills & Abilities

    • Excellent communication skills
    • Cross-cultural competence as demonstrated by confidence and ability to make relevant presentations to diverse audiences
    • Experience with VAT, Withholding Tax & PAYE
    • IT Savvy, including accounting soft wares & advance knowledge of MS Excel
    • Understanding of the AKDN ecosystem is an added advantage

    Method of Application

    Interested and qualified? Go to Aga Khan Foundation on krb-xjobs.brassring.com to apply

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