Finance Director/Business Official
Location | Nairobi, Kenya |
Date Posted | October 15, 2022 |
Category |
Finance
|
Job Type |
Full-time
|
Currency | KES |
Description
The FD/BO will ensure proper management of grant funds within Global Communities as well as the partner organizations. S/he is responsible for overall maintenance of the project’s grants management system and advising on issues related to general compliance and implementation. S/he will also oversee the work of finance staff; coordinate, design and carry out training courses for finance staff; orient partners on donor regulations; monitor financial procedures, policies and reports; and provide ongoing support in financial management. The FD/BO will be based in Nairobi with frequent travel to project sites. The high-level responsibilities include, but are not limited to:
- Maintain comprehensive sub-grant agreements which stipulate the necessary policies and procedures for administering sub-grants.
- Ensure compliance with CDC/PEPFAR rules and regulations and legal and regulatory requirements governing the award
- Maintain information on the contractual obligations of sub-grants.
- Work with project team and follow-up with partners to ensure information flow and assist in collection of financial information and report writing.
- Meet submission deadlines and requirements for programmatic and financial reports.
- Advise on the amount of funding to be dispersed based on the approved budget and ensure timely settlement of funds by implementing partners.
- Coordinate monthly budget projections, cost allocation and reporting
- Develop and embed best practices to comply with donor financial rules, supporting donor proposal budgeting, and expenditure tracking
- Monitor and provide management information on risks to the Finance Director and PI
- Monitor sub-grants and institute a system of financial templates to monitor sub-grant expenditures against partner budgets.
- Coordinate, design and conduct grant management training courses for financial staff
- Analyze financial statements, audits and other documentation.
- Identify organizations eligible for grants based on pre-determined criteria and assess the credibility of organizations and proposed programs.
Qualifications
- Bachelor’s Degree in Business, procurement, Commerce, Finance, Economics Accounting, Management Auditing or related field and a member of the Institute of Certified Public Accountants of Kenya (ICPAK).
- Minimum of eight to ten (8-10) years of professional experience, with five to seven (5-7) years of experience working with a national/international non-profit organization in senior grants accounting and compliance management.
- Indepth understanding and experience of working with proposals, contracts and cooperative agreements from institutional donors
- Experience of complex planning and budgeting processes including the ability to provide clear guidance on donor policies and procedures
- Experience with financial management training, sub-grantee financial reports, and audits.
- Excellent communications skills, both written and verbal.
- Member of the Institute of Certified Public Accountants of Kenya (ICPAK).