SHOFCO Overview
SHOFCO is a grassroots organization that unlocks the potential of urban slum dwellers to lead hopeful and fulfilling lives. SHOFCO disrupts survival mode by providing critical services including health care, clean water, education, and economic empowerment; and links these efforts to a community-led advocacy platform. Over the next 5-10 years, SHOFCO aims to become a national platform for urban slum transformation across Kenya, demonstrating a scalable and replicable model that can be used around the world.
Job Summary
The Finance Director is a
full-time position for an upcoming award from Mastercard Foundation. The
Finance Director will oversee financial operations and tasks, including
management of grants and sub-grants, in addition to accounting, reporting, and
compliance to all donor rules, and regulations, and will supervise the
accounting team to coordinate reporting activities.
The Finance Director will
be based in our Kibera office and be responsible to the Chief Finance Officer
with a dotted line to the Project Director. The finance manager will be
responsible for training and mentoring staff on financial policies and
procedures, donor regulations, financial systems, and works closely with
program staff to ensure compliance with all donor regulations and effective and
proactive financial management.
Duties and Responsibilities
- Directly
oversee all financial and accounting activities related to the project.
- Develop,
implement, and maintain sound financial management policies, systems,
structures, and procedures for project across all implementation sites and
ensuring alignment with donor rules and regulations.
- Provides
overall management of financial management, grants management, reporting and
compliance for the assigned project.
- Oversees
sound and effective systems for project administration and operations,
including grants, subcontracts, reporting, and compliance.
- Support
the project director to maintain effective working relationships with
donors and key government officials related to finance and operations.
- Support
the annual work plan process and other strategic planning processes.
- Coordinate
budgeting processes for program activities and conduct continual analysis
and planning of operating, staff, and external project expenditures.
- Supervises
financial operations and monitoring of obligations, budgets, and
expenditures.
- Prepares
budgets for annual work plans and financial reports to donors.
- Develops
internal control measures to ensure accurate and timely management and
financial reporting for the project.
- Support
and facilitate internal and external financial audits.
- Provide
financial management and analysis for all aspects of the project and
programs, ensuring all costs incurred are accounted for and in compliance
with local laws, donor regulations and SHOFCO policies and procedures.
- Training
and capacity building project staff on donor rules and compliance
requirements.
- Manage
cash flow forecasts and monitor liquidity, including decisions on foreign
currency transactions.
- Follow
up and implement on a timely basis internal, government and/or donor audit
recommendations.
- Serve
in the procurement and tender committees and other committees as assigned.
- Maintain
updated information regarding grants and contracts, reporting requirements
and any financial restrictions.
- Assist
in program development and proposal preparation as needed by preparing and
reviewing budget and budget notes for programs as required.
- Responsible
for preparation and circulation of management reports, budgetary control
reports, and grants reports.
- Supervise
and oversee finance staff and other consultants assigned to areas of
responsibility.
Education and Qualifications
- Bachelor’s
or higher in accounting, finance, business management or a related field
is required.
- Certified
Public Accountant (CPA), ACCA, or equivalent
- At
least 5 years’ senior-level experience managing finance, administration,
grants management, and operations activities for complex and large-scale
donor funded programs.
- In-depth
knowledge of donor’s financial management rules and regulations, and
reporting requirements
- Demonstrated
experience with supervision and oversight of sub grants and subcontracts
- Demonstrated
experience in management, supervision, and coordination of a team of
finance staff and collaboration with other professionals
- Advanced
skills in budgeting and financial reporting for donor funded projects.
- Superior
attention to detail: organizational skills, planning skills, problem
solving skills, analytical skills, and critical thinking.
- Experience
with ERP (e.g. SAP, Microsoft Dynamics 365)
How to Apply
Interested applicants should
send their applications together with a detailed CV to jobsmathare@shininghopeforcommunities.org quoting their
current and expected salaries. The Subject should clearly indicate the position
being applied for. Applications without this information will not be
considered. Shortlisting will be done on a rolling basis and only shortlisted
candidates will be contacted.