BRAC Finance Manager Jobs in Kenya
BRAC Finance Manager Jobs in Kenya
Career with BRAC InternationalBRAC is an award-winning international non-governmental development organisation, with the vision of a world free from all forms of exploitation and discrimination, where everyone has the opportunity to realise their potential.
BRAC is a leader in developing and implementing cost-effective, evidence-based programmes to assist poor and disadvantaged communities in low-income countries, including in conflict-prone and post-disaster settings. It is an organisation of and for the people of the Global South, pioneering new development and social enterprise approaches to equip communities to achieve prosperity.
As well as being the world's biggest NGO by number of staff and people directly reached, BRAC has regularly been ranked the number one NGO in the world by the Geneva-based NGO Advisor, an independent organisation committed to highlighting innovation, impact and governance in the non-profit sector. BRAC retained the top spot in 2020 among the top 500 NGOs for the fifth consecutive year.
BRAC was founded in Bangladesh in 1972 by Sir Fazle Hasan Abed. It started its first programme outside of Bangladesh in Afghanistan in 2002, and has since reached millions of people in 11 countries in Asia and Africa. BRAC has a holistic approach to development that uses a wide array of programmes and social enterprises, including in microfinance, education, health, agriculture, gender and human rights.
BRAC believes that every person has inherent potential, and when an enabling environment is created and that potential is unleashed, even the poorest can become agents of positive change in their own lives, for their families and their communities.
BRAC International (BI) is seeking application from competent, dynamic and self-motivated individuals to fill the following position:
Finance Manager, KenyaThe Finance Manager (FM) is responsible for efficient and smooth running of finance functions of BRAC Africa Regional Hub in Nairobi, Kenya. The FM manages all aspects of budgeting, financial systems, financial reporting, regulatory compliance and grants. Also serves as chief adviser for the Africa Regional Hub on all matters of finance, budgeting, audit, contractual management, compliance
Key Responsibilities:Business Planning & BudgetingOrganize, develop and present complete annual budget for Africa Regional Hub.
Leadership in development of budgets for all proposals or concept papers for new project.
Update the annual budget to include any new funding grants and projects as appropriate.
Financial Transactions and reporting
Manage the day-to-day finance transactions like cash disbursements, receipts, banking, payments and other finance-related tasks. Review all payments for completeness and accuracy before RD’s approval.
Prepare Donor reports, maintaining Donor liaison and flagging important deadlines.
Perform monthly reconciliation of all bank accounts, other assets and liabilities balance.
Manage general ledger and produce Trial Balance for the preparation monthly accounts and ensure timely submission of monthly regional office accounts to BI Dhaka Office.
Keep tracking of the budget line items for the hub (includes GRP and other functional hub costs) and follow up whether all expenses are properly recorded according to the
budget line.
Preparation of scheduled budget variance reports and submit on time
Financial Procedures
Assist in the updating of financial procedures and forms including modifying receipts, payments, disbursements and bookkeeping, filling procedures
Act as a finance business partner to the regional team and participate in any ad-hoc project as advised by the Regional Director, Africa and Director Finance, BRAC International.
Ensure strong controls for cash flow management, inventory, fixed assets and other assets.
Compliance and regulation
Ensure compliance with tax laws and other statutory obligation for the Hub including timely submission of employee and organizational taxes to the tax authority.
Follow up with the internal and external auditors, provide necessary support to them and ensure all audit issues are addressed to maintain sound control environment.
Ensure that the hub always has enough funds through timely submission of fund requests
Personnel Management
Ensure that all staff under line management have updated performance indictors
Participate in hiring of staff/volunteers for finance and accounts department.
Participate in team building activities and help in matters related to health/life insurance for staff
Safeguarding
Ensure the safety of team members from any harm, abuse, neglect, harassment and exploitation to achieve the program’s goals on safeguarding implementation. Act as a key source of support, guidance and expertise on safeguarding for establishing a safe working environment.
Practice, promote and endorse the issues of safeguarding policy among team members and ensure the implementation of safeguarding standards in every course of action.
Follow the safeguarding reporting procedure in case any reportable incident takes place, encourage others to do so.
Educational Requirements:
Degree in Finance / Business Administration or equivalent;
Master’s Degree in accounting /Finance PLUS ACCA or CPA/CA/CIMA/ ACCA
Experience Requirements:
At least 5 years’ experience Finance/Business Administration or equivalent
At least 3 years’ experience of independently leading a Finance/Audit team
Knowledge on IAS/IFRS, Accounting, Budgeting, Finance, Auditing, Tax, VAT, Fiscal laws and their application
In depth knowledge of international standard on Auditing.
A good communicator, dynamic, hardworking and willing to work under pressure
Sound knowledge on Computer Literacy.
Highly proficient in English and Kiswahili
Ability to work with minimal supervision.
Employment type: Contractual
Salary: Negotiable
Job Location: BRAC Regional Office Nairobi, Kenya
How to Apply
Candidates need to email their CV with a letter of interest mentioning educational qualification, years of experience, current and expected salary at recruitmentafrica.bi@brac.net.
Please mention the name of the position in the subject bar. This is a national position and only Kenyan nationals are encouraged to apply.
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