Manager, Finance Operations job at IDinsight
978 Days Ago
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Vacancy title:
Manager, Finance Operations

[ Type: FULL TIME , Industry: Nonprofit, and NGO , Category: Accounting & Finance ]

Jobs at:

IDinsight

Deadline of this Job:
31 March 2022  

Duty Station:
Within Kenya , Nairobi , East Africa

Summary
Date Posted: Friday, March 18, 2022 , Base Salary: Not Disclosed

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JOB DETAILS:
About the role
The Manager, Financial Operations oversees the areas of finance that occur between and across the financial planning and accounting functions, and he/she will report directly to the CFO. These operational areas include, but are not limited to, Treasury functions, such as Cash Management and Cash Forecasting, Procurement, Billing and Receivables, financial governance, due diligence, and policy. The Manager will also manage the finance vendor contracts and coordinate financial projects which span across the organization. The Manager will work with the CFO to create and present reporting for senior leadership, donors, and other stakeholders. In addition, the role holder will support Accounting on audit coordination and IRS reporting such as form 990, US GAAP research and compliance, and will coordinate other special projects on behalf of the CFO.
This role is ideal for an experienced finance professional with strong organization skills, who is looking to further broaden their experience in the finance function within an organization, as well as get exposure to cross-organizational issues, projects, and executive leadership. This would also be an excellent role for an experienced financial professional looking to transition to the Social Sector and/or candidates from a consulting or accounting firm background who are transitioning to working within a company’s finance organization.
The Manager should have experience in accounting, preferably including US GAAP, and Internal controls, as well as exposure to project management, with demonstrated success working across multiple functions in an organization. Prior work in international multi-entity environments is preferred. Those applying should expect a significant amount of work produced directly on their own and will also coordinate work across the organization. Further, the role holder can reside in the following locations; Kenya, Zambia, Senegal, or Morocco.

Key Responsibilities:
Treasury and Cash Forecasting (15-20%):
• Oversee and administer the banking relationships of the organization in multiple countries, and ensure that transactions are handled in the most cost-effective manner possible.
• Ensure appropriate management of cash balances across the organization’s legal entities in various countries.
• Ensure appropriate controls over cash transactions exist, are functioning as intended, and are monitored.
• Work together with the financial planning team on monthly cash forecasting, and proactively identify future actions to manage cash effectively.
Procurement, Billing, & Finance Vendor management (15-25%):
• Oversee the procurement process:
• Ensure appropriate policy and process vendor management, vendor selection and bidding processes.
• Support client facing teams with requests for proposal and bidding processes.
• Ensure selections are appropriately documented.
• Complete due diligence on vendors.
• Oversee external financial vendors:
• Lead RFP process for financial vendors, including renewal processes for auditors.
• Negotiate contracts and renewals, where applicable.
• Manage 3rd party software relationships, and ensure appropriate billing for users.
• Implement appropriate vendor management processes.
• Ensure due diligence, controls, and adherence to policies, for processes and transactions related to vendors, including data security, OFAC compliance, AML, and other policies.
• Billing and Accounts Receivable:
• Oversee billing to clients.
• Ensure appropriate follow-up on amounts owed by clients.
• Monitor work in process balances.
• Provide appropriate reporting to management on the status of client balances.
Financial Controls & Governance (15-25%):
• Oversee preparation of IRS Form 990, working with an external accounting firm.
• Prepare internal financial due diligence requirements for (potential) funders and clients.
• Oversee internal finance policies:
• Update Finance policies and procedures.
• Ensure appropriate documentation of processes.
• Ensure finance compliance with data security policies and procedures.
• Support accounting team with tracking, monitoring, and executing compliance to local policies and procedures.
• Identify, manage, and monitor enterprise risks that are related to finance.
• Coordinate with legal on compliance and governance matters.
Finance Project Management & Leadership Financial Support (25-40%):
• Coordinate across all finance functions and with other Global support functions and regions, on projects and processes that span across the organization.
• Working with Senior Accounting Manager, Coordinate the annual audits for both consolidated and local audits.
• Provide Ad-hoc analysis, Reporting, and Presentations to support leadership on financial strategy and execution.
• Communicate effectively with teams across the organization to ensure processes are rolled out effectively initially and continue to function effectively.

Does this sound like you?
• At least 8+ years of work experience in finance, with varied experience that covers all or most of the following: Financial planning, financial reporting, Accounting, Internal Controls, and Treasury.
• Bachelor’s degree in Accounting, Finance, or other relevant areas required. Master’s degree in a related area is an added advantage. .
• Professional accounting qualification - CPA/ACA/ACCA part II or equivalent is strongly preferred. Experience with US GAAP is an added advantage.
• Demonstrated success at building effective processes.
• Demonstrated ability to prepare effective presentations and other communications.
• Experience in a project-based client service environment is highly desirable.
• Highly organized and able to work independently.
• Thrives in fast paced environments and is excited by opportunities to explore and implement new ideas as our organization grows and changes.
• Proactive attitude with a bias to action.
• Analytical approach, and experience modeling financial scenarios.
• Excellent communication skills, including demonstrated ability to communicate financial information clearly.
• Strong project management and change management skills.
• Ability to work effectively across cross-functional teams located across many countries.


Work Hours: 8


Experience in Months: 96

Level of Education:
Bachelor Degree

Job application procedure
Use the link(s) below to apply on company website.
• Manager, Finance Operations


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QUICK ALERT SUBSCRIPTION

Job Info
Job Category: Accounting/ Finance jobs in Kenya
Job Type: Full-time
Deadline of this Job: 31 March 2022
Duty Station: Nairobi
Posted: 19-03-2022
No of Jobs: 1
Start Publishing: 19-03-2022
Stop Publishing (Put date of 2030): 19-03-2065
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