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Finance Officer Job in Nairobi, Kenya

Vacancy: Finance Officer, Yetu Initiative 

 Nairobi, Kenya

 Banking & Financial Services

Aga Khan Foundation (AKF) is a private, non-denominational, development agency promoting creative solutions to problems that impede social development. AKF (East Africa) seeks sustainable solutions to long-term problems of poverty, hunger, literacy and health, with a special emphasis on the needs of rural communities in coastal and other resource-poor areas. 

AKF (EA) works in five sectors including Health, Education, Early Childhood Development, Rural Development and Civil Society enhancement. Over the last several years, AKF (EA)’s programmes have evolved and expanded in response to government policies, beneficiary demand and assessment of needs. 

In order to optimise AKF (EA)’s efficiency and effectiveness as a development actor in the region, it seeks to support and improve innovations that create viable solutions to community problems that impede development.
AKF(EA) is starting a 4-year project with USAID entitled the Yetu Initiative. 

Yetu means “Our” in Kiswahili and the Initiative will help Kenyans assert “These are our concerns and these are our solutions”. Yetu will strengthen CSOs in community philanthropy, which occurs when citizens mobilise their own resources to address their community’s needs (whether these are very local communities or even the global community of Kenyans).
Yetu will “build the capacity of Kenyan CSOs to engage and catalyze citizen support for their missions” through 3 objectives:
  1. Build alliances between Kenyan businesses and CSOs;
  2. Improve the capacity of Kenyan CSOs;
  3. Improve the cultural and technological environment for community philanthropy.
AKF (EA) is seeking experienced personnel for the following three positions which will be based in Nairobi. 

These positions will report to Senior Management and form part of the core team.

The Finance Manager will be responsible for ensuring the project meets AKF and donor requirements and will also lead the preparation of accurate, high quality and timely reporting.  

The incumbent will work closely with various agencies. 

Specifically, the Finance Manager will:
  • Review and ensure that all the Yetu grant financial reports are prepared and submitted on timely basis, accurate and in line with the USAID requirements.
  • Generate financial analyses on a periodic basis on the grant financial information that will provide management with information for decision making and the public information on how monies have been spent.
  • Develop and maintain a USAID-compliant system for tracking cash and in-kind cost-share contributions to the project
  • Review funding requests/projections from Yetu sub-grantees and manage the disbursement of the funds to the various sub-grantees in consultation with the AKF(EA) Regional office.
  • Conduct continuous trainings and offer ongoing support and mentorship to the sub-grantee finance staff in order to build capacity and systems for partner CSOs.
  • Conduct audits and ongoing oversight of partner spending to ensure donor compliance and effective use of funds
  • Degree in Business and CPA(K)/ACCA and preferably MBA
  • Minimum 5 years of financial accounting and administration experience in a busy organisation, preferably an international development organisation
  • Experience in grants management - working with donor agencies and sub-grantees
  • Proven detailed knowledge of USAID rules and regulations is a requirement
  • Excellent computer literacy especially in MS Office suite. Knowledge of iScala will be a distinct advantage
  • Demonstrated ability to mentor and train others in management of financial and administration systems
  • Must be innovative, organised, methodical with good attention to detail, ability to work under pressure on multiple tasks and deliver on deadline
  • Must be diligent, committed individual with high level of integrity and ability to work as a team
  • Excellent organisational, interpersonal and communications skills
  • Audit experience a valuable asset
How to Apply

CLICK HERE to apply online

Applications close on Wed, 17th Dec 2014

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