Finance Manager at IsraAID

The purpose of this position is for the overall leadership, compliance, and oversight of the Finance Department. The Finance Manager will engage in Financial Strategic Management and Financial Donor Compliance. The incumbent needs to have experience working with complex Excel files, Budgeting, Financial Controlling, critical thinking skills in Finance Management and sound knowledge of accounting principles.

The Finance Manager will report to the Country Director.

DUTIES AND RESPONSIBILITIES

Financial Management

• Accountable for Budgeting, Planning and Financial Control
• Responsible for the monthly budget execution, including the monthly forecasts, planning and cash flow management.
• Ensure that the monthly budgets match the annual budget (budget versus actuals- BvA)
• Present & facilitate review of actual to budget expenditures with Country Director and Program Managers.
• Compile and timely submit the monthly financial report to HQ and to donors as per the specific donor requirements.
• Come up with budget templates when developing donor budgets during proposals development.
• Provide recommendations for budget realignments as required.

Financial Control and Monitoring

• Ensure adherence to finance policies, systems, and procedures for IsraAID, Donors and Statutory regulatory requirements in Kenya.
• Review and account for procurement transactions to ensure adequate supporting documentation, accuracy of amounts and control over payments.
• Maintains the organizations system of accounts ensuring all accounting data is updated, reconciled, and fully supported.
• Support internal and external audit procedures.

Cash and Transaction Management

• Manage the organization’s cash flows and record all cash transactions.
• Oversee preparation and execution of bank orders as needed and oversee transactions.
• Prepare weekly payments roll-out.
• Ensure maintenance of accurate records of financial transactions of the country office to monitor financial status of all project activities.
• Administer petty cash and keep appropriate financial records.

REQUIRED EXPERIENCE AND TECHNICAL COMPETENCIES:

• Bachelor’s degree in any finance related field is an added advantage
• ACCA or CPA qualification a MUST
• A master’s degree in finance-related training will be an added advantage

SKILLS

• Minimum of 4 years’ relevant experience in international non-profit organization working as a Finance Manager.
• Experience working with key donors including the UN system.
• Ability to easily work with Excel and other data base tool such as BVA.
• Critical thinking and leadership in Finance analysis.
• Knowledge and experience using a financial system – QuickBooks at advanced level.
• Basic knowledge in Auditing.