Senior Finance Officer

About the role

The Senior Finance Officer will support sound management decisions about the organization’s financial sustainability. The role holder will develop institutional and program proposal budgets based on AECF’s strategy and a regularly updated cost structure. The incumbent will conduct a continuous financial sustainability analysis, develop management &board financial reports, and ensure compliance with AECF’sand donor policies and regulations.

This role reports to the Head of Finance.

Key responsibilities:

  • Financial planning includes preparing institutional and program budgets, cash flow forecasts, and implementing appropriate budgetary controls.
  • Preparation of timely, accurate, and relevant management and board financial reports and any other management information that may be required occasionally.
  • Production of annual institutional financial statements.
  • Develop and regularly update program-specific budget and financial reporting templates for AECF and investees.  Ensure institutional and all program audits are conducted on time and audit findings are resolved adequately.
  • Perform financial forecasting, reporting, and tracing of the relevant metrics.
  • Analyse financial data and create financial models based on AECF’s focus areas for decision support.
  • Support the continuous analysis of trends and forecasts, review AECF’s cost structure, and recommend any needed adjustments for optimization.
  • Monthly review of budget vs expenditure reports for all programs, ensuring that expenditure is within approved budgets and in compliance with donor rules & regulations.
  • Convene quarterly program financial review meetings and oversee implementation of agreed actions.   Support the Head of Finance in strengthening and ensuring adherence to the internal control systems.

Suitable candidates should possess:

  • Bachelor’s degree in Finance or Economics from a recognized university.
  • Professional qualification in Finance (CPA, ACCA) or related fields is mandatory.  Membership to a professional body.
  • Demonstrable experience of at least (5) years managing the finances of a $20 million international non-profit organization with a mix of funding sources, preferably bilateral donors.
  • Experience with bilateral donors such as FCDO, GAC and SIDA.  Strong proficiency in advanced Excel features.
  • Ability to communicate clearly and concisely both orally and in writing.
  • Fluency in English is required, and proficiency in additional languages – French is preferred.

How to apply:

The AECF is an Equal Opportunity Employer. All applicants will be considered based on merit without regard to race, sex, colour, national origin, religion, age, disability, or any other characteristic protected by applicable law.

AECF does not charge a fee at any stage of the recruitment process (application, interview, meeting, processing, training, or other fees).

If you believe you can clearly demonstrate your abilities to meet the relevant criteria for the role, register and apply at https://recruitment.aecfafrica.org . To be considered, your application must be received by 21st May 2024.

Only shortlisted candidates will be contacted.

 

 

About AECF

AECF (Africa Enterprise Challenge Fund) is a leading non-profit development organisation that supports innovative enterprises in the agribusiness and renewable energy sectors with the aim of reducing rural poverty, promoting resilient communities, and creating jobs.

We catalyze the private sector by surfacing and commercializing new ideas, business models and technologies designed to increase agricultural productivity, improve farmer incomes, expand clean energy access, reduce greenhouse gas emissions and improve resilience to the effects of climate change. We finance high-risk businesses that struggle to access commercial funding; we are committed to working in frontier markets, fragile contexts, and high-risk economies where few mainstream financing institutions dare to go.

To date, we have supported over 400  businesses in 26 countries in Sub-Saharan Africa, impacted more than 30 million lives, created over 27,000 direct jobs, and leveraged US $771 million in matching funds.