Responsibilities:
Financial Planning and Budgeting:
- Develop, manage, and monitor the organization’s annual budget in collaboration with the Executive Director.
- Provide financial forecasts, budget adjustments, and scenario analysis to guide management in decision-making.
- Work closely with project managers to prepare and control project budgets and ensure timely allocation of resources.
Financial Reporting:
- Prepare monthly, quarterly, and annual financial reports for internal stakeholders and external partners, including donors and government agencies.
- Ensure timely submission of all financial reports in accordance with donor agreements and compliance regulations.
- Provide in-depth financial analysis to senior management and the board to support strategic planning.
Accounting and Compliance:
- Oversee day-to-day financial operations, including accounting, payroll, and expense management.
- Ensure accurate and timely recording of all financial transactions in line with accounting standards.
- Implement internal controls and financial policies to maintain transparency and accountability.
- Ensure compliance with relevant laws, tax regulations, and reporting requirements.
Grant Management and Fundraising Support:
- Work closely with the fundraising team to manage grants and donor funds.
- Develop financial proposals for grant applications and assist with budget realignments for existing grants.
- Monitor grant disbursements and ensure expenditures align with donor requirements and project goals.
Audits and Risk Management:
- Coordinate and lead annual audits with external auditors, ensuring all financial records are audit-ready.
- Identify and mitigate financial risks, providing recommendations to management for improvement.
- Manage financial aspects of contracts and agreements with service providers, ensuring value for money.
Procurement & Asset Management:
- Oversee procurement processes, ensuring financial integrity and competitive pricing.
- Manage Zone01 Kisumu’s fixed assets, including tracking, depreciation, and reporting.
Requirements:
Qualifications and Experience:
- Bachelor’s degree in finance, Accounting, Economics, or a related field; master’s degree or relevant certifications (CPA, ACCA, etc.) preferred.
- At least 5 years of experience in financial management, ideally in a non-profit, tech, or educational institution.
- Proven track record in managing budgets, financial reporting, and compliance in donor-funded projects.
- Strong knowledge of Kenyan tax laws, accounting standards, and financial reporting requirements.
- Experience in grant management, financial proposal development, and working with international donors.
- Proficiency in financial management software such as QuickBooks, Xero, or similar accounting platforms.
The application deadline is 30th Nov 2024
Education: Degree, Diploma
Employment Type: Full Time