Financial Planning & Budgeting Manager at International Livestock Research Institute (ILRI)

The International Livestock Research Institute (ILRI) seeks to recruit a Financial Planning & Budgeting Manager to; coordinate annual Institute budgeting process, analyze Institutional budgets, ,conduct cost-benefit analysis, forecasting future financial requirements, , full costing and full cost recovery  across ILRI and prepare monthly management reports

Responsibilities

Budgeting:

• Coordinate Institute budgeting exercise and facilitate consolidation of budgets.
• Provide close guidance for the preparation of budgets for ILRI programs, Kapiti, Regional and Country offices.
• Updating of budget template’s to ensure completeness and accuracy and facilitate sharing of the same (and related guidelines) to budget holders on a timely basis.
• Review all budgets to ensure consistency, accuracy and completeness and share review outcomes with budget holders for budget revisions, where necessary.
• Providing proposal budget templates, evaluating budget proposals and funding requests.
• Explore ways of improving the budgeting process to ensure efficiency – mainly through Agresso and/or other systems.

Management Reporting: 

• Liaise with different units for inputs to aid in consolidation of monthly management reports (institutional).
• Facilitate consolidation of internal reports and share sufficiently detailed accounts and analysis for senior management review and decision making.
• Prepare and analyse monthly support Units reports and share with budget holders.
• Share status updates and other ad hoc reports depicting different performance areas - as and when required.
• Facilitate budget analysis to come up with trends, forecasts and meaningful reports for senior management consumption.
• Continuously review reporting processes to identify opportunities for improvement.

Full Costing:

• Accurate costing and pooling of identical services together, identifying cost drivers and ensuring full charge/recovery by users.
• Ensure staff global costs are frequently updated with new employees, salary revisions and changes in benefits/allowances.
• Assess different costing approaches for suitability to the Institute’s business model and to ensure each unit/project pays its fair share of costs.
• Review incomes for selected units to ensure no recoveries are missed and liaising with unit heads to identify alternative recovery mechanisms.
• Conduct cost-benefit analysis for different investment proposals and advise on suitability.

Forecasting:

• Reviewing past performance records, understanding the present and analysing trends to come up with projections for the future.
• Providing advisory opinion to senior management on projected funding gap and available opportunities (if any) to bridge the gap.
• Developing different financial health indicators and doing comparisons/benchmarking with similar organizations.

Leadership:

• Manage and coach accountants in this team including job appraisals and professional development.
• Provide financial training within the organization to elevate financial management literacy as needed by staff.
• Participate and provide financial advice in procurement committees
• Model ILRI’s values, setting an example for others: Help others to do well. Advance equity. Constantly adapt, relentlessly improve. Default to transparency, reveal hard truths. Learn together.
• Maintain professional and technical knowledge by attending educational workshops, reviewing professional publications, establishing personal networks, and participating in professional societies

Requirements

• Master’s degree in Finance or Accounting or related field
• Full accounting qualifications - CPA (K) or ACCA.
• At least ten years of relevant work experience.
• Five years’ experience in a supervisory position.
• Knowledge of computerized accounting software required.
• Good computer and financial analysis skills.

Post location: The position will be based in Nairobi, Kenya

Terms of Appointment

This position is at job level HG 17 and it is only open to Kenyan nationals. The position is a 3-year contract, renewable subject to satisfactory performance and availability of funding. ILRI offers a competitive salary and benefits package which includes; pension, medical and other insurances