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Finance Officer at Light Up Hope

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Company Details
Industry: Non-Profit Organization Management
Description: The Vision and Mission It is our vision to find creative solutions to offer a continuum of emotional, spiritual, physical and educational care for Orphans and Vulnerable Children (OVCs), youths and their families in Kenya. Emotional and spiritual care includes mentorship, counseling, professional guidance and life skills education. Physical support includes but is not limited to; family unification, kin care, provision of food and adult transitional support. Educational care includes sponsorship for primary, secondary, university and vocational education. The Beneficiaries We work closely with orphans, vulnerable children and youths, parents, guardians and community members who care for our population. It is our belief that simply because a childs life circumstances lead them to be born into poverty, doesnt mean that their story has to end there. It is paramount to our relationship that these children know hope for their futures. The Plan We believe in empowering local leadership in our organization. We acknowledge Kenyans know best the cultural, political and environmental background of their own country, and we believe they know the best solution to providing improvement in the lives of their children. We act in partnership with our Kenyan leadership to provide additional ideas, support and resources to refine Kenyan identified solutions to Kenyan identified problems. In partnership with our Kenyan leadership we work closely with guardians and community members to find loving community based solutions to poverty and care for OVCs. We collaborate to find solutions to keep OVCs in their community connected to their families and living in healthy and safe homes. This includes family unification efforts, provision of food, healthcare, educational and career development opportunities. Additionally, Light Up Hope is keenly aware that once an OVC reaches the age of 18 they continue to be in need of support to make the transition to adulthood without returning to a life of suffering. When an OVC turns 18, they are expected to leave the safety of the care environment they have known and join the Kenyan society. For some this means their education is finalized and they hope to enter the job market with little professional training. In most cases, these young adults do not have the skills, knowledge, resources, or training to do this with success. Our transitional program exists to provide the opportunity for these young adults to gain life skills, resources and university education so they can become contributing members of the Kenyan society and break the cycle of poverty into which they were born.
Job Description

Main Duties & Responsibilities:

Financial records

  • Ensure accurate data entry of financial data into the accounting system.
  • Record the actual spend on both the accounting system and the budget tracker.
  • Communicate any gap in the financial records to the respective staff.
  • Support the preparation of financial reports by providing the required data.
  • Review requests to ensure that they meet the financial requirements in preparation for payment and audit.
  • Support in the maintenance of financial files.

Financial Controls

  • Ensure a clear audit trail of processed transactions and their linkage to the accounting system.
  • Implementation of any accounting and financial audit recommendations.
  • Internal and external audit support.
  • Ensure internal controls are established and maintained.
  • Ensure maintenance of the general and subsidiary ledgers.

Budgeting

  • Participate in the development and review of the programs’ budgets.
  • Offer guidance to the program staff on the utilization of the program budget.
  • Support the budget tracking process to ensure proper utilization of the approved budget.

Payment Processing

  • Process payment requests submitted by the programs and admin teams.
  • Update the staff on the status of the payment requested.
  • Ensure that the staff are informed of the requirements for a payment to be processed.

Finance reporting and management accounts

  • Ensure that the documents submitted for payment meet the required threshold.
  • Develop monthly and annual project financial reports and monthly management accounts capturing expenditure against budget.
  • Create ad-hoc reports for various business needs.
  • Provision of information on the status of payment for each of their requests.
  • Support the compilation and analysis of financial statements.
  • Manage cash controls as well as maintain bookkeeping up-to-date.
  • Prepare financial statements, invoices, proposals, etc as required.
  • Ensure that financial transactions are properly updated and recorded.
  • Preparation of balance sheets, income statements, expense reports, etc.
  • Ensure data integrity in all financial reporting.

Job Specification:

Education, Qualifications & Experience Required

  • University degree in a business related field.
  • Candidates with CPA Part ll and above have an added advantage
  • A minimum of three years, progressive and relevant experience.
  • Requires extensive, thorough working knowledge in a specialized field usually through extensive postgraduate work to solve highly complex problems
  • Demonstrable and significant experience of Project finance management and donor reporting within an NGO environment
  • Demonstrable and significant experience in management reporting and the production of value-added analysis leading to improved decision-making
  • Demonstrable and significant experience in creating and implanting good financial practice and controls, including transaction reviews and adjustments.
  • Experience in balance sheet, bank reconciliations and monthly checks and balances
  • Knowledge (and practical application of) the international regulatory environment for INGOs
  • A strong commitment to Light UP Hope’s values
  • Ability to build good working relationships with non-finance staff
  • Ability to work as part of a team
Salary: Discuss During Interview
Education: High/Secondary School
Employment Type: Full Time

Key Skills

finance  AccountingAuditing 
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