27 Dec 2024

Director of Finance and Operations at iDE Kenya

Recruit candidates with Ease. 100% recruitment control with Employer Dashboard.
We have the largest Job seeker visits by alexa rankings. Post a Job

Resubmit your Resume Today. Click Here to Start

We have started building our professional LinkedIn page. Follow


Job Description

Bountifield International is now iDE Kenya! iDE is a global development organization that co-creates with foundations, governments, individuals, for-profits, and nonprofits to develop lasting solutions to poverty. With over 40 years of experience, we design and deliver market-based solutions that power entrepreneurs to end poverty. iDE Kenya cultivates en…

Director of Finance and Operations

Financial Management and Strategic Budgeting

  • Budget Oversight: Develop, monitor, and manage annual and program budgets with program teams to ensure effective allocation aligned with strategic priorities.
  • Financial Reporting: Prepare and review financial reports for internal and external stakeholders, ensuring accuracy and timely submissions.
  • Budgeting Support: Provide support in program budgeting during proposal development, budget adjustments, and contract reporting for grants.
  • Financial Compliance: Ensure compliance with Kenya tax and statutory reporting requirements, as applicable for the non-profit sector upon registration in Kenya.
  • Cash Flow and Forecasting: Manage cash flow, forecast budget needs, and ensure funding availability aligns with project requirements.
  • Donor Compliance: Ensure financial activities comply with donor requirements and iDE policies, especially for restricted funding and multi-year grants.

Policy and Standard Operating Procedure (SOP) Development

  • Policy Drafting and Review: Lead the drafting, review, and updating of country-specific policies and SOPs to align with Kenyan regulations and iDE’s operational requirements.
  • Template Customization: Design templates for financial and operational activities, tailored to iDE Kenya’s needs.
  • Internal Controls: Establish and maintain controls to ensure compliance with local laws, donor requirements, and iDE financial and operational policies and procedures.
  • Training and Capacity Building: Develop and deliver training programs to ensure all staff adhere to financial, operational, security, and compliance policies, while understanding the complexities of local regulations.

Operations and Legal Compliance

  • Logistics and Office Management: Support logistical operations, including the identification and management of office spaces that meet security standards and oversee rental and leasing obligations.
  • Legal Liaison and Entity Registration: Work with legal advisors to manage local registration processes, ensuring iDE’s compliance with Kenyan regulations.
  • Local Authority Engagement: Interface with local authorities to maintain iDE’s legal standing and ensure full regulatory compliance, including for employment and permit requirements.
  • Support to Employer of Record (EOR): Liaise with the EOR to ensure invoices are properly coded and compliance needs are efficiently met.

Program and Project Support

  • Strategic Operations Support: Coordinate with program and technical teams to provide aligned financial, logistical, and operational support to enhance project implementation.
  • Resource Allocation and Revisions: Lead realignment of financial allocations and budgeting to address programmatic needs.
  • Monitoring, Evaluation, Research, and Learning (MERL) Support: Work with MERL teams to track project progress, ensuring effective financial management and accurate reporting.

Procurement and Asset Management

  • Procurement and Vendor Management: Oversee procurement processes to ensure transparency, compliance, and strong vendor relations.
  • Inventory and Asset Tracking: Maintain accurate records of iDE Kenya assets, ensuring efficient tracking, maintenance, and disposal as needed.
  • Supply Chain Optimization: Coordinate with program teams to facilitate timely delivery and optimal resource use.

Security Management

  • Security Oversight: Serve as the designated Security Officer for iDE Kenya, ensuring that all policies, practices, and infrastructure meet security requirements.
  • Risk Mitigation: Implement proactive security measures and provide continuous assessment and improvement in security protocols.
  • Staff Training and Awareness: Develop training and awareness initiatives for all staff to maintain a strong security culture.

External Relations and Stakeholder Engagement

  • Donor and Partner Liaison: Act as the primary contact for financial and operational matters with donors and partners, ensuring transparent communication on performance and compliance.
  • Consortium and Partnership Coordination: Work with consortium partners to align financial and operational approaches.
  • Representation: Represent iDE Kenya at external meetings, advocating for financial and operational best practices.

Qualifications and Skills

  • Education: Bachelor’s degree in finance, business administration, or a related field (Master’s degree or CPA / Chartered Accountant preferred).
  • Experience: At least 8-10 years in finance and operations, including 3-5 years in a senior role, ideally in international development or donor-funded contexts.

Technical Expertise:

  • Deep knowledge of budgeting, reporting, forecasting, and donor compliance.
  • Experience with institutional donors and understanding of donor requirements, especially with bilateral and large foundation funding.
  • Strong grasp of Kenyan legal and regulatory environments, with experience in liaising with local authorities.
  • Prior demonstrated experience with a modern ERP system such as Oracle Netsuite (or similar) with actual hands-on experience rather than just awareness that the system exists.


Method of Application

Submit your CV and Application on Company Website : Click Here
Closing Date : January 20, 2025





Subscribe


Apply for this Job