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Country Finance Manager at Aga Khan Development Network (AKDN)

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The Aga Khan Development Network is a network of private, non-denominational development agencies founded by the Aga Khan that work primarily in the poorest parts of Asia and Africa. Aga Khan IV succeeded to the office of the 49th hereditary Imam as spiritual and administrative leader of the Shia faith-rooted Nizari Ismaili Muslim supranational union in 1957. Ismailis consist of an estimated 2530 million adherents.

Summary

The Country Finance Manager will report to the Regional Chief Finance Officer (CFO) and is part of AKF Kenya’s core management team mandated to oversee and shape financial and grant management of the Foundation’s portfolio in Kenya. The position is responsible for the strategic and day-to-day management of the Finance functions for the Aga Khan Foundation, Kenya.

Key responsibilities:

  • Provide leadership to finance and accounting areas of the organization.
  • Maintain a system of accounts and keep books and records on all transactions and assets.
  • Prepare and analyse accurate monthly financial and management reports, including income statement, balance sheet, budget and variance, projections and forecast, and cash flow.
  • Assist in the management of grants reporting, compliance, and reconciliation.
  • Prepare a variety of ad hoc financial scenarios as requested by the Regional CFO and other stakeholders.
  • Administer payroll by posting all relevant earnings and deductions using various available systems & tools to deliver timely and flawless payments.
  • Ensure that all financial transactions are processed accurately, on time, and by generally accepted accounting principles and in compliance with AKF’s and donor requirements.
  • Review Fixed Asset Register quarterly and ensure that all assets are properly tagged and identified.
  • Prepare and submit monthly cash balance reports to Regional Chief Finance Officer
  • Prepare and submit monthly cash requests to the Head Office before set deadlines and follow up on disbursements of funds from donors and on receivable accounts.
  • Manage, oversee, process (as appropriate), and act as a backup for processing all but not limited to, the following transactions: payroll, accounts payable, revenue and expense, fixed assets, cash, bank reconciliations, and allocations.
  • Perform month-end closing procedures, including overhead allocations, account reconciliations, and updating schedules.
  • Ensure that required documents are prepared and required information given for annual statutory audits, donor audits, and any governmental audits. Ensure that the audits are completed on time and follow up to ensure that all audit recommendations are implemented within the agreed timelines.
  • Manage the day-to-day banking and investment transactions. Manage the Regional Office cash flows with a consultation with the Regional CFO.
  • Coordinate the preparation of financial information in the AKFK’s annual report.
  • Recommend and report upon benchmarks against which to measure organizational performance.
  • Support in the production of cash flow reports, annual budget, and forecasts.
  • Calculate variances from the budget and report significant issues to management.
  • Provide a system of management cost reports.
  • Assist with the preparation of timely and accurate Grants, Property and admin budgets and ensure this is submitted by set deadlines.
  • Follow up with various departments and programmes to ensure they submit their budgets within the set deadlines.
  • Take lead in the consolidation of the country budget and ensure costs are charged to the correct grants and projects.
  • Prepare and assist with developing audit schedules for the annual audit.
  • Conducting spot checks on partners, monitor expenditure, and assist in preparation/review of donor reports.
  • Provide support in proposal development while ensuring that it follows donor requirements.
  • Ensure compliance with accounting policies and regulatory requirements.

QUALIFICATIONS AND EXPERIENCE

  • Minimum of bachelor’s degree in finance and or Accounting together with a professional qualification – CPA or ACCA or CIMA is a must.
  • Demonstrated experience of working with consortiums, international multilateral and bilateral donors is a must.
  • Demonstrated experience in the budgeting process from beginning to end in a multi-donor environment is a must.
  • Demonstrated experience in using Business Central & Jet Reporting ERP system will be an added advantage. Generally, one must have experience in any other ERP system.
  • Work experience in an international development organization is desirable.
  • Demonstrated experience in the preparation and supervision of annual financial accounts.
  • Experience in the preparation and supervision of both annual external audits, internal grant reviews, and donor audits is a must.
  • Excellent organisational, interpersonal, and communications skills.
  • Ability to demonstrate effective managerial and leadership skills.

Closing Date: 24 April. 2024

HOW TO APPLY

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Funding Partnerships and Grants Manager at Northern Rangelands Trust

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The Northern Rangelands Trust is a non-profit umbrella organization supporting 33 community conservancies across northern Kenya. Its mission is to develop resilient community conservancies, which transform lives, secure peace and conserve natural resources.

The Role

The Partnerships and Grants Manager will manage a portfolio of significant multi-lateral and bi-lateral funders. This involves identifying and evaluating potential funding opportunity, cultivating relationships with targeted funders (formal and informal reporting), leading and writing proposals and bids, coordinating internally across NRT’s cross-functional departments (finance, programmes, communications, M&E) to develop compelling proposals that help fill funding gaps, report on status of the grants. The Account Manager is also responsible for monitoring and tracking opportunities throughout the funding cycle, helping mitigate any risks or challenges that arise and working as a high performing team member.

Key Job Responsibilities

  • Manage a portfolio of bilateral, multi-lateral donors – ensuring both compliance and engagement plans to build strong, long-term partnerships.
  • Develop grant proposals and bids – especially for large funders such as European Commission, USAID, DANIDA, Sida, AfD, FCDO, UN, World Bank
  • Develop and implement engagement strategies to deepen relationships with funders and donors, creating long term relationships of trust mutual accountability.
  • Manage ad hoc teams and coordinate grant project planning and reporting – with ability to initiate internal teams of peers around an agreed timeline and set of deliverables.
  • Support basic proposal budgeting and reporting, helping review and explain financial reports and monitor burn rates.
  • Demonstrate sensitivity in handling confidential information.
  • Ensure compliance with NRT policies and procedures and external (donor/legal/IRS) requirements.
  • Manage or participate in complex or sensitive negotiations with implementing partners, conservancy members and boards, and funders
  • Convey the mission of NRT to diverse groups who are important stakeholders.
  • Travel frequently and on short notice, work long and flexible hours as needed.
  • Coordinate reporting and providing information needed by partners/donors/stakeholders; ensuring financial, MERL and Program reports align.
  • Any other duties that may be assigned, including dedicated special initiatives

Qualifications

  • At least 5-8 years relevant experience in managing large grants for bilateral and multilateral agencies; including convening proposal development workshops and leading process of developing grant proposals.
  • Strong interest and passion for environment, climate, community based natural resource management, marine and terrestrial conservation, peace-building and development issues, deep familiarity with Kenyan or Ugandan conservation and development issues.
  • Experience in building and maintaining long-term relationships with external stakeholders.
  • Experience in managing and tracking multiple prospects of donors in a donor tracking or CRM system.
  • Conversant in monitoring, evaluation, adaptation and learning frameworks
  • Strategic, problem-solving mindset with a sense of humour and ability to manage stress and deadlines
  • Appreciation for working in diverse teams on complex issues – ability to mentor and be mentored.
  • Bachelor’s degree in commerce, Business Management, Business Administration, Project Management or other relevant field such as ecology, biology, sociology, anthropology – a Master’s degree will be an added advantage.

Closing Date:16 April. 2024

HOW TO APPLY

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Jobs

Legal Counsel at Africa Enterprise Challenge Fund (AECF)

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The AECF provides catalytic funding in the form of repayable and non-repayable grants to businesses that would not otherwise have access to adequate financing. The AECF is part of the Alliance for Green Revolution in Africa (AGRA) family and has been supported by governments (Australia, Canada, Denmark, The Netherlands, Sweden and United Kingdom), and international financial institutions (Consultative Group to Assist the Poor and IFAD).

The Role

  • The objective of the Legal & Compliance Unit is to support AECF’s mission by providing strategic, efficient, and innovative legal services.
  • AECF is seeking to recruit an exceptional individual to fill the position of Legal Counsel who will be responsible for providing legal support in the legal and compliance function.
  • This role will report to the Head of Legal & Company Secretary.

Key Responsibilities

  • Provide legal advisory services to AECF and its stakeholders on all aspects of law and investment portfolio while ensuring proper representation of the organization in all legal matters.
  • Provide legal support through AECF’s transactions lifecycle by advising on transaction structures, providing deal negotiations support, documentation support, drafting and advising on legal documents including interim agreements while ensuring effective documentation of legal terms and conditions.
  • Leading in the drafting and negotiation of complex agreements including funding agreements, collateral documents, term sheets, inter-creditor agreements, consortium agreements, transaction advisory agreements, downstream partner agreements, and other consulting and service provider agreements.
  • Supporting the portfolio and investments teams in structuring and compiling contract documentation to ensure completeness and accuracy and drafting/reviewing information memorandum and legal deal negotiation documents.
  • Review and understand all laws and regulations relevant to AECF portfolio companies across Sub-Sahara Africa together with AECF’s governing documents to ensure transaction compliance.
  • Undertake legal assessments, interpretations and advise senior management on compliance including regulatory and donor compliance, while providing recommendations and representation on day-to-day operational matters.
  • Continuously analyze in-country and cross-border regulatory issues affecting AECF and communicate effectively with internal key stakeholders and support the development of strategies and plans to mitigate any non-compliance risks arising therefrom.

Suitable candidates should possess:

  • A Bachelor of Laws degree and a postgraduate diploma in law/legal practice certificate.
  • A minimum of 6 to 8 years post-admission experience working at a commercial-oriented law firm or international organization.
  • Experience presenting to senior management and at the board of directors level.
  • Substantial experience in leading financing transactions including drafting and negotiating a wide range of finance documents, including LMA-based finance documents and complex legal agreements.
  • Have excellent organizational and prioritizing skills with the ability to manage multiple work demands while meeting tight deadlines.
  • Excellent interpersonal skills including strong work ethic, impeccable integrity, and judgment.
  • Ability to work independently while maintaining strong collaborative relationships with colleagues and partners.
  • Excellent analytical skills, attention to detail, and the ability to work accurately with creativity

Closing Date:19/04/2024

HOW TO APPLY

Click Here to Submit your CV and Application on Company Website

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