FINANCE MANAGER - COUNTRY OFFICE: REF: COFM/03/2020
- Recruiter
- CARE International in Kenya
- Location
- Nairobi, Kenya
- Salary
- Competitive salary
- Posted
- 16 May 2022
- Closes
- 14 Jun 2022
- Ref
- 743999819504412
- Job role
- Finance manager
- Sector
- Accounting - Public practice
- Experience level
- Manager
Company Description
Founded in 1945, CARE is a leading humanitarian and development organization fighting global poverty. CARE places special focus on working alongside women and girls because, equipped with the proper resources, they have the power to lift whole families and entire communities out of poverty. CARE commenced its humanitarian programme in Kenya in 1968. Since then we have built a substantial development and humanitarian program including refugee operations, emergency response, livelihoods, food security, climate change adaption, sexual reproductive and maternal health, women and girls' economic empowerment, and youth employability.
Job Description
Job Summary
Reporting to the Assistant Country Director - Program Support, the Finance Manager shall have the overall responsibility and be accountable for the day to day financial operations, implementation, monitoring and the development of financial policies at CARE Kenya. The position is also responsible for all aspects of accounting and financial reporting and the provision of functional leadership and direction to the finance team within the Country Office. The FM is also responsible for overseeing the Country Office budget compilation and monitoring, auditing and is the CARE Canada/CARE International liaison on financial matters. The FM is responsible for the provision of technical assistance, standardization and quality control to sub-offices and direct support to Sector and Project Managers on financial matters. S/he will ensure there is adequate capacity and competency in the finance team in the Country Office within their respective responsibilities.
Tasks and Responsibilities.
R 1:
Task: Responsible for the overall Country Office financial policy development, monitoring and evaluation.
1. Develop and implement CARE International in Kenya financial policies and procedures in compliance with donor rules and regulation, accounting principles and in liaison with CARE Canada and CARE International standards.
2. Monitor the implementation of financial policies in CARE International in Kenya, evaluate and review CARE International in Kenya financial policies and procedures
3. Ensures Country Office compliance with CARE's accounting policy vis-à-vis fund accounting in line with CARE's financial manual and generally accepted accounting principles.
R 2:
Task: Overall responsible for the preparation and monitoring of mission budgets and financial reporting. Oversee and accountable for donor reporting schedules ensuring that they are met in an accurate and timely manner. Monitor and advice project unit managers regarding the expenditure status of their budgets.
1. Prepare and monitor mission budgets
2. Supervises the preparation and submission of the Mission budgets by line managers and finance staff, to ensure that budgets reflect Mission needs and CARE Canada (CC) budgetary requirements
3. Supervise the preparation to include auditing/reviewing of the monthly financial report and coordination of all financial reports to be submitted to HQ (CARE Canada).
4. Supervise donor reports preparation and ensure submission in a timely manner.
5. Supervise monthly expenditure statement preparation and ensure submission to the program team in a timely manner
6. Analyze and track Shared Project Cost spending and ensure full allocation for cost coverage.
R3:
Task: Overall liaison for financial matters.
1. Provides liaison with other departments, sub-offices, CARE Canada and other CARE International missions to provide information, guidance, address issues, and to ensure adherence to CARE International Country Office financial requirements, standards and procedures.
2. Respond on all financial correspondence from CARE Canada and CARE International members and other CARE missions.
3. Oversee the Country Office's bank liaisons.
4. Financial liaison with Government of Kenya and negotiate on financial compliance requirements.
R4:
Task: Responsible for the Treasury management.
1. Monitor cash flow and ensure adequate cash flow to meet the Country Office's financial obligations.
2. Monitoring and mitigate impact of exchange rate fluctuations.
3. Review Bank Reconciliations and resolve unreconciled transactions.
4. Ensure compliance to Taxation requirements in line with the Kenyan Tax laws.
5. Review advances requests and subsequent liquidation accounting including sub grants to Implementing Partners.
6. Maintaining a updated Authorized Signatory Forms (ASF)
R5:
Task: Responsible for advising the Country Office on financial matters.
1. Interpretation of the Kenyan Financial Laws. Keep track of the development and change of Kenyan Financial laws.
2. Provide financial advice and information to the Country Office and project management.
3. Ensure contract compliance to legal statutory compliance requirements.
4. Finance Staff: Coordination in the application of CARE reporting standards with accounting systems; assistance in solving day-to-day problems
5. Provide Management reports and present to the Senior Management Team and to the Head Quarters.
R6:
Task: Responsible for Finance department planning, staffing, organization and development:
1. Provides overall management of the Finance staff to ensure that projects are provided with timely financial services to enable their optimum and most efficient utilization.
2. Supervise the Dadaab Sub Office Finance & Administration Manager, Budgets & Grants Coordinator, Finance Officers at the Head Office and the Sub Offices.
3. Provide direction in the process of planning (including budgets) and prioritization of activities for the finance department.
4. Conduct Annual and mid-year appraisals for Finance Department Staff identifying competent performers in order to build up their capacities to take on higher positions for their career growth.
5. Provide leadership, guidance, mentoring and identify training opportunities for personal and professional development to the Finance Staff.
6. Maintain a positive participatory work environment where information is shared, inputs are considered and a healthy team spirit thrives. Initiate and encourage inter-sectoral mission wide information sharing and corporation.
R7:
Task: Review or approve as appropriate Mission statements, staff payroll, financial reports, adjusting journal entries and cash receipts within the authorized limits.
R8:
Task: Facilitate internal and external financial audits and ensure implementation of resulting audit recommendation.
Qualifications
Education: Education: Certified Public Accountant (K), Bachelor Commerce degree, (Finance), Masters in Business Admin (Finance) and a member of an accounting body governing the procurement profession.
Experience: At least 5 years work experience in a similar position
Competencies: Leadership, management, communication, interpersonal and analytical skills.
Additional Information
AUTHORITY:
1. Spending Authority: Spending Authority: KES 350,000 or USD Equivalent
2. Supervision: Dadaab Sub Office Finance Manager, Budgets & Grants Coordinator, Finance Officers (at the Head office and Sub/Field Offices): Technical backstopping to Program Grants Accountants.
3. Decision Making: Important financial decisions under general policies and procedures which have a broad impact on the normal operations of CARE.
CONTACTS/KEY RELATIONSHIPS (internal & external):
1. Internal and External Audit teams
2. Sector and Project Managers
3. Senior Management Team
4. Head Quarter (CARE Canada) Finance Staff
5. Donors & CARE International Members
WORKING CONDITIONS:
Based in Nairobi, with 30% travel to Sub/Field offices.
Deadline to receive all applications will be on or before 21st April 2022, at 5.00 P.M EAT.
We do require that you have the legal ability to work in Kenya and while we would like to respond to all applicants, only short-listed candidates will be contacted. Canvassing will lead to automatic disqualification
CARE does not charge a fee at any stage of the recruitment process. Qualified candidates are highly encouraged to apply. CARE has a commitment to gender, equity and diversity in our workplace and operations. CARE respects and values diversity and does not discriminate on the basis of race, sex, gender identity, sexuality, ethnicity, age, disability, religion or politics. This is reflected in our recruitment decisions which are made entirely through a transparent, merit-based selection process. All CARE staffs are required to comply with the Code of Conduct, Prevention of Sexual Exploitation and Abuse (PSEA) and Child Protection (CP) policies.
Founded in 1945, CARE is a leading humanitarian and development organization fighting global poverty. CARE places special focus on working alongside women and girls because, equipped with the proper resources, they have the power to lift whole families and entire communities out of poverty. CARE commenced its humanitarian programme in Kenya in 1968. Since then we have built a substantial development and humanitarian program including refugee operations, emergency response, livelihoods, food security, climate change adaption, sexual reproductive and maternal health, women and girls' economic empowerment, and youth employability.
Job Description
Job Summary
Reporting to the Assistant Country Director - Program Support, the Finance Manager shall have the overall responsibility and be accountable for the day to day financial operations, implementation, monitoring and the development of financial policies at CARE Kenya. The position is also responsible for all aspects of accounting and financial reporting and the provision of functional leadership and direction to the finance team within the Country Office. The FM is also responsible for overseeing the Country Office budget compilation and monitoring, auditing and is the CARE Canada/CARE International liaison on financial matters. The FM is responsible for the provision of technical assistance, standardization and quality control to sub-offices and direct support to Sector and Project Managers on financial matters. S/he will ensure there is adequate capacity and competency in the finance team in the Country Office within their respective responsibilities.
Tasks and Responsibilities.
R 1:
Task: Responsible for the overall Country Office financial policy development, monitoring and evaluation.
1. Develop and implement CARE International in Kenya financial policies and procedures in compliance with donor rules and regulation, accounting principles and in liaison with CARE Canada and CARE International standards.
2. Monitor the implementation of financial policies in CARE International in Kenya, evaluate and review CARE International in Kenya financial policies and procedures
3. Ensures Country Office compliance with CARE's accounting policy vis-à-vis fund accounting in line with CARE's financial manual and generally accepted accounting principles.
R 2:
Task: Overall responsible for the preparation and monitoring of mission budgets and financial reporting. Oversee and accountable for donor reporting schedules ensuring that they are met in an accurate and timely manner. Monitor and advice project unit managers regarding the expenditure status of their budgets.
1. Prepare and monitor mission budgets
2. Supervises the preparation and submission of the Mission budgets by line managers and finance staff, to ensure that budgets reflect Mission needs and CARE Canada (CC) budgetary requirements
3. Supervise the preparation to include auditing/reviewing of the monthly financial report and coordination of all financial reports to be submitted to HQ (CARE Canada).
4. Supervise donor reports preparation and ensure submission in a timely manner.
5. Supervise monthly expenditure statement preparation and ensure submission to the program team in a timely manner
6. Analyze and track Shared Project Cost spending and ensure full allocation for cost coverage.
R3:
Task: Overall liaison for financial matters.
1. Provides liaison with other departments, sub-offices, CARE Canada and other CARE International missions to provide information, guidance, address issues, and to ensure adherence to CARE International Country Office financial requirements, standards and procedures.
2. Respond on all financial correspondence from CARE Canada and CARE International members and other CARE missions.
3. Oversee the Country Office's bank liaisons.
4. Financial liaison with Government of Kenya and negotiate on financial compliance requirements.
R4:
Task: Responsible for the Treasury management.
1. Monitor cash flow and ensure adequate cash flow to meet the Country Office's financial obligations.
2. Monitoring and mitigate impact of exchange rate fluctuations.
3. Review Bank Reconciliations and resolve unreconciled transactions.
4. Ensure compliance to Taxation requirements in line with the Kenyan Tax laws.
5. Review advances requests and subsequent liquidation accounting including sub grants to Implementing Partners.
6. Maintaining a updated Authorized Signatory Forms (ASF)
R5:
Task: Responsible for advising the Country Office on financial matters.
1. Interpretation of the Kenyan Financial Laws. Keep track of the development and change of Kenyan Financial laws.
2. Provide financial advice and information to the Country Office and project management.
3. Ensure contract compliance to legal statutory compliance requirements.
4. Finance Staff: Coordination in the application of CARE reporting standards with accounting systems; assistance in solving day-to-day problems
5. Provide Management reports and present to the Senior Management Team and to the Head Quarters.
R6:
Task: Responsible for Finance department planning, staffing, organization and development:
1. Provides overall management of the Finance staff to ensure that projects are provided with timely financial services to enable their optimum and most efficient utilization.
2. Supervise the Dadaab Sub Office Finance & Administration Manager, Budgets & Grants Coordinator, Finance Officers at the Head Office and the Sub Offices.
3. Provide direction in the process of planning (including budgets) and prioritization of activities for the finance department.
4. Conduct Annual and mid-year appraisals for Finance Department Staff identifying competent performers in order to build up their capacities to take on higher positions for their career growth.
5. Provide leadership, guidance, mentoring and identify training opportunities for personal and professional development to the Finance Staff.
6. Maintain a positive participatory work environment where information is shared, inputs are considered and a healthy team spirit thrives. Initiate and encourage inter-sectoral mission wide information sharing and corporation.
R7:
Task: Review or approve as appropriate Mission statements, staff payroll, financial reports, adjusting journal entries and cash receipts within the authorized limits.
R8:
Task: Facilitate internal and external financial audits and ensure implementation of resulting audit recommendation.
Qualifications
Education: Education: Certified Public Accountant (K), Bachelor Commerce degree, (Finance), Masters in Business Admin (Finance) and a member of an accounting body governing the procurement profession.
Experience: At least 5 years work experience in a similar position
Competencies: Leadership, management, communication, interpersonal and analytical skills.
Additional Information
AUTHORITY:
1. Spending Authority: Spending Authority: KES 350,000 or USD Equivalent
2. Supervision: Dadaab Sub Office Finance Manager, Budgets & Grants Coordinator, Finance Officers (at the Head office and Sub/Field Offices): Technical backstopping to Program Grants Accountants.
3. Decision Making: Important financial decisions under general policies and procedures which have a broad impact on the normal operations of CARE.
CONTACTS/KEY RELATIONSHIPS (internal & external):
1. Internal and External Audit teams
2. Sector and Project Managers
3. Senior Management Team
4. Head Quarter (CARE Canada) Finance Staff
5. Donors & CARE International Members
WORKING CONDITIONS:
Based in Nairobi, with 30% travel to Sub/Field offices.
Deadline to receive all applications will be on or before 21st April 2022, at 5.00 P.M EAT.
We do require that you have the legal ability to work in Kenya and while we would like to respond to all applicants, only short-listed candidates will be contacted. Canvassing will lead to automatic disqualification
CARE does not charge a fee at any stage of the recruitment process. Qualified candidates are highly encouraged to apply. CARE has a commitment to gender, equity and diversity in our workplace and operations. CARE respects and values diversity and does not discriminate on the basis of race, sex, gender identity, sexuality, ethnicity, age, disability, religion or politics. This is reflected in our recruitment decisions which are made entirely through a transparent, merit-based selection process. All CARE staffs are required to comply with the Code of Conduct, Prevention of Sexual Exploitation and Abuse (PSEA) and Child Protection (CP) policies.