About the Opportunity
We are seeking a skilled, dynamic and proactive Financial Planning and Analysis (FP&A) Manager to oversee the financial planning, budgeting, and treasury functions of the organization. The FP&A Manager will ensure the company’s financial health by providing strategic financial insights, managing cash flows, and optimizing the use of financial resources. Key responsibilities include:
Responsibilities
Treasury Management & Investment (40% time)
Cash Management: Oversee cash flow management to ensure adequate liquidity for operational needs. Monitor and forecast cash positions, manage bank accounts, and ensure efficient cash utilization.
Investment Management: Develop and implement investment strategies to maximize returns on surplus funds while ensuring safety and liquidity. Monitor market conditions and adjust investment portfolios as needed.
Financial Risk Management: Identify, assess, and manage financial risks related to interest rates, foreign exchange, and other market exposures. Implement hedging strategies to mitigate risks.
Banking Relationships: Manage and maintain relationships with banks and financial institutions. Negotiate terms and conditions of banking services and facilities.
Treasury Operations: Develop and implement treasury policies, procedures, and controls. Ensure compliance with internal policies and external regulations.
Reporting and Analysis: Prepare regular treasury reports and analyses for senior management. Provide insights and recommendations based on financial data and market trends.
Process Improvement: Continuously seek opportunities to improve treasury processes and systems. Implement best practices and leverage technology to enhance efficiency.
Budget Management( 40% time)
Budget Development: Lead the annual budgeting process, working closely with department heads to prepare, consolidate, and review budget submissions.
Financial Planning: Develop and maintain financial models and forecasts to support strategic planning and decision-making.
Budget Monitoring: Track and analyze budget performance, identifying variances and providing recommendations for corrective actions.
Reporting: Prepare comprehensive financial reports, including monthly, quarterly, and annual budget-to-actual analysis.
Variance Analysis: Conduct in-depth analysis of budget variances, identifying trends, risks, and opportunities for improvement.
Collaboration: Work collaboratively with department managers to understand their financial needs and provide guidance on budget management.
Cost Control: Implement and monitor cost control measures to ensure efficient use of resources and adherence to budgetary constraints.
Policy Compliance: Ensure compliance with internal financial policies and procedures, as well as relevant regulations and standards.
Continuous Improvement: Identify and implement process improvements to enhance the efficiency and effectiveness of the budgeting process.
Training and Support: Provide training and support to staff on budgeting and financial management practices.
Administration and Operations (20% time)
Coordinate with the development team to understand fundraising plans
Coordinate with the Investment and finance teams to ensure funds are managed as planned
Work with Management during the annual budget preparation process
Attend meetings with partners and funders as and when invited.
Minimum Qualifications
Successful candidates will have both technical skills in finance, plus alignment with company vision and values. Successful candidates must navigate fast-paced environments with enthusiasm and incredible attention to details.
Minimum qualifications include:
University degree in accounting or related field, a Master’s degree is preferred
Professional qualification such as CPA, ACCA, CIFA, or CFA preferred
At least 7 years of work experience in Financial Planning and Analysis, Budgeting and Treasury Management.
Skilled in the use of Microsoft Word, Excel and skills in using accounting software
Proficiency in financial modeling and forecasting
Strong analytical and problem-solving abilities, with a keen attention to detail.
Excellent verbal and written communication skills, with the ability to convey complex financial information to non-financial stakeholders.
Proven ability to lead and manage cross-functional teams, fostering collaboration and driving results.
Good understanding and application of IFRS
Strong negotiations skills
Understanding of financial reporting and management reporting
Takes initiative and is proactive in identifying issues and proposing solutions
Ability to meet deadlines and work independently with the highest level of integrity
Fluent in English and any at least one East African language.
What You’ll Get
This role is inside a high-growth, mission-driven social enterprise. By joining, you’ll access:
Competitive salary, and potential Goal-based bonus
Incredible company culture, including deep investment in your learning and growth
Diverse colleagues and policies that show our commitment to equity and inclusion
Talented, passionate, and committed team colleagues across the region
Ability to make a significant social impact to your community
Generous health insurance, staff savings, parental leave, sabbatical, and more benefits.
Apply via :
inkomoko-job-portal.web.app
