SUMMARY
6 Jan 2025
20 Jan 2025 – 05:53 UTC
Kenya
Finance
Permanent
Full-time
ADVERTISEMENT: SENIOR FINANCE COORDINATOR (Controls and Compliance)
ROLE PURPOSE
The job holder has overall responsibility of the Financial Accounts function, and partly support the budgeting and Reporting function.
They will also be responsible for ensuring best in class financial controls and management at field office and national level – including capacity building; implementing efficient & effective processes; improving and ensuring compliance with internal control systems.
In the event of a major humanitarian emergency, the role holder will be expected to work outside the normal role profile and be able to vary working hours accordingly.
KEY AREAS OF ACCOUNTABILITY
Financial systems and procedures
- Assist the Director of finance in ensuring smooth implementation and updating of robust and adequate financial systems and procedures in line with SCIs finance Policy and good accounting practices
- Develop and update the finance diary that covers all the required activities on a monthly basis and lead staff to ensure that the diary is strictly adhered to.
- Ensure that all financial transactions are fully supported and that they are all captured in AGRESSO on a daily basis; make sure that regular backups are taken and stored off site.
- Prepare monthly and quarterly financial diaries for both AGRESSO and sub-office finance systems and ensure its strict adherence to the HQ deadlines
- Maintain and ensure the integrity of the SCI’ computerized accounting systems and liaising with Regional Finance Team for any required support
Financial records and transactions
- Carry out sensibility and control checking before and after posting sub-office transactions into AGRESSO.
- Follow up HQ transactions from London and make sure that all are processed in the time and accurately
Financial reports
- Responsible for timely, accurate and efficient financial reporting (both electronic and manual field returns) to head office
- Responsible for ensuring that reconciliation of balance sheet/control accounts are carried out on monthly basis and ensuring that year-end accounting procedure are met consistently and that any discrepancies are reported to the Director of finance.
- Responsible for the monthly Financial report (MFR)
Financial and system controls
- Ensure safe security of cash in the office and coordinate weekly and monthly cash counts, including spot counts
- Ensure that systems are put in place to assure document security for a complete audit trail from the AGRESSO records to supporting documentation and vice versa.
- Ensure the effective and efficient use of all Save the Children resources in order to keep costs low and ensure the security of staff.
- Ensure payroll is completed on time and accurately, with robust controls in place.
- Ensure timely and accurate filing for all statutory deductions including International staff taxes.
- Ensure proper reconciliation of Terminal grants, annual leave, medical and other provisions.
- Ensure bank and cash reconciliations are carried out on timely and accurately and filed appropriately
- Lead the month end and year end processes for the Country office ensure proper filing of the returns both Internally and externally.
Audit and Compliance function
- Lead on annual statutory audits and the financial component of donor audits. Key focus on proactive financial controls, management and supporting documentation in order to ensure 0 disallowances.
- Timely filing of audited financial statement with Public Benefits Organization of Kenya.
- Keep track of statutory and donor specific audit requirements and coordinate closely with awards to initiate required audits on time.
- Lead in managing audit process with External Auditors ensuring smooth audit and provide all documents required by Auditors as and when needed
- Ensure proper soft and hard archiving system is in place in finance as per SCI policies and procedures
- Plan and conduct internal audits for all Sub recipients and field offices with the coordination of the Internal Auditor
- Participate in Audit Entry and Exit meetings and ensure recommendations have implemented before the next audit.
Staff Leadership, Mentorship, and Development
- Ensure appropriate staffing and efficient & effective organisation design within the Financial Accounting Function.
- Ensure that all staff understand and are empowered to perform their role.
- Manage team; define expectations, provide leadership and technical support as needed, and evaluate direct reports regularly.
- Recruitment, training, and professional development of team as part of the wider staff development strategy.
- Performance Management :
- Effective use of the Performance Management System including the establishment of clear, measureable objectives; ongoing feedback; periodic reviews; and fair and unbiased evaluations;
- Coaching, mentoring and other developmental opportunities;
- Recognition and rewards for outstanding performance;
- Documentation of performance that is less than satisfactory, with appropriate performance improvements/ work plans
Contract Duration: 1 year
Number of Vacancies: 1
Work Location: Nairobi
QUALIFICATIONS AND EXPERIENCE
- BA Degree in Finance and Accounting, Business Administration, or other relevant discipline.
- Chartered Accountant (CPA, ACMA, ACA, ACCA) strongly recommended.
- Minimum of 5 years management experience in a corporate, audit firm or an NGO environment, of which three at a middle management level within a finance department
- Strategic mind-set with the ability to lead, inspire and achieve results in a challenging context
- Excellent inter-personal skills and able to communicate with diverse set of stakeholders
- Strong analytical, decision making and strategic planning skills with the ability articulate complex information in an easy to understand manner
- Solutions focused with ability to identify weaknesses and drive continuous improvement
- Ability to prioritise, plan ahead, and manage a complex and diverse workload with tight deadlines
- Ability to coach, mentor, delegate appropriately and provide developmental guidance to supervised staff.
- Self-starter who is willing to go the extra mile to get the job done
- Excellent understanding of business and financial planning including strategic modelling.
- Excellent understanding of financial systems, controls and procedures.
- Excellent understanding of computerised accounts packages, Excel, PowerPoint and Word
- A full appreciation of the value of co-operation, both internationally and within a team environment.
- Understanding of Save the Children’s vision and mission and a commitment to its objectives and values.
- Written and verbal fluency in English
Desirable
- 4 years within the NGO / charities sector or Audit firm
- Experience of working in an emergency context.
- Understanding of major donor compliance regulations (USAID, Dfid, ECHO, OFTA, etc)
THE ORGANIZATION
We employ approximately 25,000 people across the globe and work on the ground in over 100 countries to help children affected by crises, or those that need better healthcare, education and child protection. We also campaign and advocate at the highest levels to realise the right of children and to ensure their voices are heard.
We are working towards three breakthroughs in how the world treats children by 2030:
- No child dies from preventable causes before their 5th birthday
- All children learn from a quality basic education and that,
- Violence against children is no longer tolerated
HOW TO APPLY
Please apply in English saving your CV and covering letter as a single document, including your salary expectations for this role. To see a full a job description, please visit our website at www.savethechildren.net/jobs
We need to keep children safe so our selection process reflects our commitment to the protection of children from abuse. Employment is subject to our Child protection standards including background checks and adherence to our Child Safeguarding Policy.
Save the Children is an equal opportunity employer and seeks to employ and assign the best-qualified talent.
Female Candidates are encouraged to apply.
Disclaimer:
Save the Children International does not charge any kind of fee at whichever stage of the recruitment process, nor request for medical examination or records and does not act through recruitment agents whatsoever.
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