Finance Officer

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Company Details
Industry: Non-Profit Organization Management
Description: Adeso is a humanitarian and development organization that is changing the way people think about and deliver aid in Africa.
Job Description

PRIMARY RESPONSIBILITIES

  • Based in Nairobi, Kenya, the Short-Term Finance Officer will be a full-time member of the Adeso Finance team and will play a crucial role in supporting the finance affairs of Adeso and its subsidiaries and work closely with the Finance Manager with the following responsibilities:

Financial Management & Reporting:

  • Support in the preparation of accurate financial records for the organization, ensuring timely and accurate preparation of financial statements, including income and expenditure reports, balance sheets, and cash flow statements.
  • Support in the preparation monthly, quarterly, and annual financial reports for management and key stakeholders, ensuring they are accurate, transparent, and in compliance with both internal policies and donor requirements.
  • Assist in the preparation of financial reports for donors, ensuring compliance with the specific requirements of each donor agreement and contract.

 Budgeting & Financial Planning:

  • Support the preparation of annual budgets and financial forecasts, ensuring alignment with organizational goals and donor expectations.
  • Regularly track and monitor budget performance, identifying variances and providing solutions to ensure projects and programs stay within budget.
  • Provide financial insights and analysis to program managers and leadership teams to support informed decision-making.

Cash Flow & Treasury Management:

  • Support in the management of the organization’s cash flow, ensuring adequate liquidity for day-to-day operations and program activities.
  • Reconcile bank accounts, monitor cash balances, and prepare cash flow forecasts.
  • Ensure timely and accurate processing of accounts payable and receivable, and manage relationships with suppliers and contractors to maintain smooth financial operations.

Ledger Reconciliation:

  • Ensure that all ledger accounts are reconciled regularly, verifying the accuracy and consistency of financial data.
  • Identify discrepancies or errors in the ledger and promptly resolve them to maintain accurate financial records.
  • Support the Finance Manager in reviewing and finalizing the monthly and year-end ledger reconciliations.

 Internal Controls & Compliance:

  • Ensure adherence to internal financial controls, policies, and procedures, safeguarding the organization’s assets and resources.
  • Collaborate with the Finance Manager to implement best practices in financial management and reporting.
  • Assist with the preparation of audits (internal and external), ensuring that the organization is in full compliance with relevant financial regulations, donor guidelines, and statutory requirements.

 Donor & External Reporting:

  • Support in the preparation of detailed financial reports for donors, ensuring transparency and compliance with donor-specific regulations and guidelines.
  • Track the use of restricted donor funds and ensure that all donor financial reports are submitted on time and in the required format.
  • Support the development of proposals and financial budgets for new funding opportunities.

Accounts Payable & Receivable:

  • Process and monitor the timely payment of invoices, vendor contracts, and any other outstanding financial obligations.
  • Support the invoicing and collection processes for the organization's receivables.
  • Ensure proper documentation for all financial transactions and that records are maintained for audit and compliance purposes.

Financial Systems & Capacity Building:

  • Support the maintenance and improvement of the organization’s financial management systems to ensure efficiency and accuracy.
  • Provide financial training and capacity-building support to staff across departments, ensuring that all employees understand financial processes and reporting standards.
  • Identify opportunities to streamline financial processes and introduce new tools or systems to enhance operational efficiency.

SKILLS AND QUALIFICATIONS

  • Undergraduate degree in a relevant subject.
  • Minimum 5 years’ experience in Finance and Administration in non-profit and private sector organizations.
  • Demonstrable knowledge in the following areas: compliance, donor rules and regulations, project management, logistics (including asset management, office management) procurement (including tendering processes, procurement plans).
  • Excellent in both spoken and written English.
  • Excellent analytical skills.
  • Strong command of software applications, such as Microsoft Navison, Word processing, Excel, PowerPoint, etc.
  • Experience in writing, rolling out and institutionalizing policies and procedures.
  • Personal qualities of integrity and commitment to the mission of Adeso.
  • Strong decision making, team building and negotiation skills.
  • Excellent management, leadership and people skills.
Education: Diploma
Employment Type: Contract Based

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