African Guarantee Fund (AGF)
Position title: Finance Assistant Officer
Its products and services provide
financial institutions with the means which they can leverage in bringing their
African SME financing interventions to the required scale.
Position title: Finance Assistant Officer
Reporting and evaluation:The Finance Assistant Officer reports to the Chief Accountant.
The Chief Accountant evaluates the performance based on achieved results.
The African Guarantee Fund
(AGF): The African Guarantee Fund for Small
and Medium-sized Enterprises (AGF) is incorporated and licensed in Mauritius as
a limited liability company and has its office of operation in Nairobi, Kenya.
The AGF contributes to the promotion
of economic development, vital for prosperity, stability and poverty reduction
in Africa through two lines of activity:
a) Provision of a mix of financial
guarantees and other products which reduce the risks supported by the financial
sector when lending to SMEs that have insufficient collateral.
These guarantees contribute to reduce
the inability of SMEs to provide acceptable guarantees to financial
institutions. Loan Guarantee based on a hybrid approach, Bank’s Fund Raising
Guarantee and Equity Guarantees are offered.
b) Support for capacity development
of the client financial institutions.
The AGF operates according to market
principles and is a commercially viable venture with operations in a number of
countries in Africa and its gradually expanding to other countries to cover the
whole of Africa.
The African Development Bank (AfDB)
together with the governments of Denmark (through DANIDA), Spain (through
AECID), and France (through AFD) are the main shareholders of AGF.
AGF is rated with a stable credit
rating of AA- by Fitch Rating International
Position Summary: The Finance Assistant Officer will be responsible for
providing support to the Finance team by Work closely with the Finance team to
ensure smooth operation of all finance matters
This is a key role within the Finance
Department and the position holder is expected to focus on providing a high
level of financial and accounting support across AGF as well as achieving
positive outcomes.
Major Responsibilities
Guarantee Administration
·
Preparation of Invoices and receipts
and posting them in the accounting system
·
Preparation of weekly aging
receivable reports
·
Accrual and receivables
reconciliation
Suppliers Management
·
Ensure swift payment of invoices by
preparation of payment vouchers – Cheques & Bank Transfers
·
Reconciliation of Suppliers accounts
·
Posting of invoices into sales and
purchase ledgers from source documents
Reporting Management
·
Preparation of finance board reports
·
Assist in the production of weekly
financial statements and reports
Petty Cash Management
·
Issue of petty cash
·
Petty cash reconciliation
·
Issuance of Travel advance and
reconciliation in accordance with the travel advance policy
Cash Management
·
Payments confirmations from suppliers
to the bank
·
Bank Statement posting and
reconciliation
·
Updating payments register for cash
flow projection
Other Matters
·
Work closely with the Finance team to
ensure smooth operation of all finance matters
·
Plan, organise and manage own
workload to ensure your contribution to the company’s monthly financial
reporting process is achieved in a timely and accurate manner
In addition to the above duties, the
Finance Assistant Officer may be required to perform other related or unrelated
duties based on the company’s needs.
Desirable Skills, Knowledge and
Experiences
Experience
·
Bachelor’s degree in Commerce,
Statistics, Science & Economics;
·
Certified Public Accountant (K)or
ACCA;
·
A minimum of Five years (5)
Accounting/Finance experience preferably in the financial services sector.
·
A master degree in Finance or related
field is an added advantage
·
Bilingual in French/English is an
added advantage
Critical Competencies
·
Strong grounding in IT with good
knowledge of accounting systems;
·
Analytical mindset;
·
Results oriented and highly
motivated;
·
Good team leadership;
·
Excellent communication and
interpersonal skills.
Terms of Offer: The African Guarantee Fund for Small and Medium-sized
Enterprises (AGF) Group is an equal opportunity employer and offers a
regionally competitive salary with an excellent benefits package.
AGF prides itself on its collegial,
supportive and gender sensitive working environment and believes that staff
diversity promotes excellence. Women candidates are strongly encouraged to
apply.
Applications
Applicants should apply by email,
sending one document including a cover letter summarizing their relevance to
this position, a full C.V. names and contact information of three referees
knowledgeable about the candidate’s professional qualifications and work
experience to: recruitment@africanguaranteefund.com.
“Application for Finance Assistant
Officer” should be clearly marked on the subject line of the email message.
Applications will be considered until
24th June 2018.
Only short-listed applicants meeting
the above requirements will be contacted.
We invite you to learn more about us
at: www.africanguaranteefund.com