Summary
Date Posted: Sunday, February 05, 2023 , Base Salary: Not Disclosed

JOB DETAILS:

Major Duties and Responsibilities:
Financial Strategy and Planning
Participates in financial strategy discussions and reviews and pro-actively supports all areas of operations;

Project Budgeting and Management
• Prepares accurate project budgets and sufficiently detailed budget justifications incorporating all relevant cost components while ensuring consistency with the proposed activities
• Ensures that project budgets are in conformance with organisational and donor requirements/formats and that these are timely prepared for necessary reviews/checks prior to submission
• Undertakes rigorous budget management and monitoring over the period of project implementation by ensuring proper tracking of expenditures against approved budgets.
• Ensures that all project cost expenditures are supported by adequate documentation in line with statutory, organisational and donor requirements.
• Maintains safe custody of project related expenditure – receipts, vouchers, contracts and all project records in a neatly filed and easily retrievable manner.
• Takes responsibility for training relevant staff on specific donor rules and regulations for necessary adherence

Ensures real time updates of al cost expenditures in the Financial system in order for the purposes of generating accurate budget versus actual reports for use in decision-making on a monthly basis;
• Provides sufficiently detailed analysis of projects’ budget versus expenditure variances incorporating budget holders input to aid in decision making
• Jointly with the budget holders prepares forecasts and projections for internal and donor monitoring
• Manages the treasury/cash call process with donors to ensure that projects have sufficient liquidity
• Institutes risk mitigating measures particularly to counter the effect of real and potential forex losses during the life of the project
• Ensures timely and accurate preparation and submission of financial reports related to programmes/projects to donor based on the contractual expectations;
• Manages any specific donor reporting requirements such as match-funding/co-financing in order to meet the donor expectations without adverse effect to the organisation
• Prepares and maintains updated ledgers and inventories of supplies and non-expendable property for programmes;
• Manages the close-out process for projects ensuring that all financial records are up-to-date upon project completion;

Compiles information for internal and external auditors, as required;
Procurement, Sub-grants and Payments
Ensures efficient preparation and management of outgoing grants and contracts, including review of sub-grantee financial reports and timely posting into the financial system
• Undertakes assessments of existing and potential partnerships to identify and determine the mitigating measures that should be put in place
• Jointly with the supervisor, develops a supportive supervision plan to address noted areas of concern in the sub-grantee control environment
• Closely monitors the performance of sub-grantees and provides training as and when required
• Undertakes field monitoring visits to sub-grant offices for training or physical review of documents vis-à-vis reports
• Compiles and verifies requests for direct payment and/or advance relating to programme activities;
• Verifies and approves payment vouchers, petty cash vouchers and suppliers’ invoices related to various projects under designated programmes including per diems;

Financial Operations and Controls
• Ensures timely and accurate preparation of reconciliations relating bank accounts, partners accounts or other accounts as assigned;
• Performs accurate and timely financial performance reviews, risk management and ensures action plans and corrective measures are implemented across programme areas;
• Ensures programme compliance with regulatory requirements; and manages relationship with external stakeholders for strategic advantages;
• Ensures prompt cash calls to the donor and disbursements of funds to ensure the smooth flow of project activities

Qualifications
• Bachelor’s degree in a Business field such as accounting, finance, strategic management, business, economics etc.;
• CPA (K) / ACCA and a member of a professional body in good standing;

Key Skills/ Competencies
• Strong planning and financial management skills
• Sound knowledge and experience with donor rules and regulations (EU, USAID, DANIDA etc);
• Knowledge of Accounting software (knowledge of an ERP systems is an added advantage);
• Ability to optimize operations, reduce costs, improve service quality, and develop partnerships
• Budgeting skills and Budget management skills;
• Effective skills in sub-grant management
• Interpersonal skills and the ability to communicate effectively at all levels (written and verbal);
• Self-starter with strong organizational skills
• Leadership and people management skills.
• Capacity Building & Training skills
• Has an affinity with the vision of WWF-Kenya and adheres to WWF Kenya’s values


Job Experience: No Requirements

Work Hours: 8

Level of Education: Bachelor Degree

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