Jobs Kenya

Company Address: Address Riverside Green Suites – Palm Suite, Riverside Drive, Nairobi

  • Portfolio Risk Analyst Investment Analyst

    Portfolio Risk Analyst Investment Analyst

    JOB PURPOSE
    The Portfolio Risk Analyst is responsible for conducting pre and post-investment risk management, investment-specific compliance and fund administration responsibilities under the guidance and supervision of the Portfolio Risk Manager.

    KEY RESPONSIBILITIES AND ROLE REQUIREMENTS

    Portfolio Risk Management
    Investment specific compliance
    Fund Administration
    Stakeholder Engagement
    Carry out any other duties or special assignments as assigned by the Portfolio Risk Manager.

    PERSON SPECIFICATIONS – ESSENTIAL AND DESIRABLE
    Qualifications and Education

    Bachelor’s Degree in Finance, Investments, Law or related discipline
    Relevant professional qualification and/or post-graduate qualification in risk management
    Excellent skills in written and spoken English

    Experience, Knowledge and Skills

    At least 3-5 years of risk management/compliance experience in a financial markets organization with a demonstrated track required in quantitative and qualitative risk analysis, project management and building relationships

    Desirable

    Experience of working in a multi-cultural environment
    Previous experience of working in donor funded projects or development institutions
    Keen interest in growing career in an investment company/fund
    Languages: French, local African languages

    received by 5.00pm EAT on 04 April 2022

    go to method of application »

    Use the link(s) below to apply on company website.  

    Apply via :

  • Manager, Digital Innovation Platform Accountant FSD Network Gender Manager

    Manager, Digital Innovation Platform Accountant FSD Network Gender Manager

    REPORTING RELATIONSHIPS

    REPORTS DIRECTLY TO

    Principal-Digital Innovation, Risk & Resilience Pillar, FSD Africa

    REPORTS INDIRECTLY TO

    Director – Risk & Resilience Pillar, FSD Africa

    DIRECT REPORTS

    Supporting Consultant(s) engaged in projects, Others TBD

    INDIRECT REPORTS

    Analyst(s)/Manager(s) – Risk & Resilience Pillar, FSD Africa

    JOB PURPOSE

    FSD Africa is building a pipeline of digital innovation projects that aims at promoting digital innovation in the Insurance industry, to build digital insurance market. One of the key projects that will enable multiple innovation initiatives and activities is the Digital Innovation platform. This candidate would act as a thought-leader on financial industry digital innovation ,involved in the design of activities/initiatives, implementation, partnership development and digital marketing /PR associated with the initiatives.

    In particular, this role will:

    1.    Manage all Digital Innovation Platform activities, this will include scaling and maintaining launched activities/services and design/implement new activities and services to build and scale platform traffic & impact.  

    2.    Build a network of partners across multiple African markets and industries and manage their onboarding process to the platform. Support partners in utilising the platform to manage their internal and open innovation activities, provide technical assistance to partners and develop and share knowledge around platform activities to other FSD Africa Pillars.

    This position will sit within FSD Africa’s Risk & Resilience Pillar and will report to the principle-Digital Innovation

    KEY RESPONSIBILITIES AND ROLE REQUIREMENTS

     Build a network of innovation partners  
    Lead the development of a diversified database of potential partners, across multiple industries within the African FinTech ecosystem. Each partner category should support one or more of the platform Activities/initiatives.
    Define the priorities of each partner category and design win-win activities /initiates that contributes to platform objectives while being perfectly aligned to the needs of that category of partners.
     Carry out initial ecosystem mapping of potential platform partners and users in selected markets to gain a deep and comprehensive understanding of the needs and requirements of ecosystem stakeholders.
    Develop a platform strategy, ensure the inclusion of a gender equity and climate dimension, as well as developing a geographic strategy.
    Develop and test theories of change for the Digital Innovation Platform project, aligned to the overall FSD Africa strategy and Pillar-specific theory of change.
    Share learnings associated with strategy development and programming with the broader FSD Africa organisation and partners; a key part of this role will be upskilling our organisation around Digital Innovation related projects;
    Work collaboratively with the Digital Economy pillar and FSDi to contribute to the achievement of their relevant objectives
    Activities/initiatives origination and design
     
    Identify, conceptualise and develop a coherent pipeline of activities and implementing partners as well as user profiles/databases which will collectively be effective in driving impact in Tier A countries.
     Design a series of activities and initiatives that might stimulate digital financial innovation in the insurance industry. Such activities will aim at developing a pipeline of InsurTech start-ups, facilitate partnerships with incumbent insurance companies, contribute to growing investment flow into InsurTech start-ups, improve market awareness on InsurTech role in improving resilience, engaging regulators and other government agencies with the InsurTech ecosystem in Tier 1 countries .
    Identify / select potentially impactful activity partners, support them through the design phase including the development of business cases and marketing strategies.
    Ensure that all staff, consultants and activity partners involved in a project are fully briefed concerning expectations; especially on project milestone targets, quality standards, data collection/reporting and compliance with accountability requirements. 
    Develop detailed activity implementation plan and budget and address capacity gaps of partners, especially around open innovation  
    Activity/initiative pilot & launch
    Co-ordinate the roll-out of Digital Innovation Activities  so that results are achieved, risks are managed, and quality outputs are delivered; ensuring that ongoing learning from projects is fully utilised to maximise impact and innovation: 
    Work with activity partners to assist them in implementing their projects according to agreed upon project plans, maintaining a strategic clarity, focus on impact, and collaborative approach at all times. 
    In case of an activity partner having challenges, provide technical assistance, or organise the provision of support to ensure activity pilot /launch success;
    Develop and share periodical reports and updates on pilot plan implementation and take appropriate action on the basis of results and analysis: 
    If desired results have been achieved, initiate strategies for widespread awareness-raising and ‘crowding in’, focusing on applying leverage, replication of the activity, and scaling; 
    If desired results have not been achieved, either manage performance of the implementation team or adjust the strategy/approach.  
    Identify, report on and mitigate project risks in a timely manner (project delivery and partnership management). 
    Communicating for Impact
    Actively participate in the development and implementation of an advocacy and communications plan for all platform Digital Innovation activities/initiatives within the context of the Risk & Resilience Pillar’s communications approach; ensuring that the approach will result in extensive awareness-building, engagement around topics of InsurTech digital ecosystem building, accelerating innovation within insurance industry , growing platform partner and user database, strategic partnerships established, behavioural changes of ecosystem stakeholders in both private and public spheres and created measurable impact .
    Consult and collaborate with the Risk & Resilience Pillar and Strategic Communications team to identify how stakeholders need to be influenced to support the success of digital innovation activities/ initiatives; this may include a need to advocate for legislative/policy reform or to incentivise (or some other supporting mechanism) greater action amongst potential beneficiaries for mindset change; 
    Work collaboratively with the Strategic Communications team and Development Impact function to develop and implement work plans and budgets; ensuring that efforts are monitored and evaluated to ensure impact, and this impact is articulated; 
    Contribute to the implementation of the Strategic Communications agenda (e.g. by developing content for written materials – blogs, editorials, op-eds, contributing to content development on our website; participating in advocacy campaigns, attending conferences and events etc.);
    Participate in and contribute to the development of annual and quarterly reports, including our publicly-facing strategy documents and impact assessments;
    Represent FSD Africa in public forums and networking opportunities; behaving at all times in a manner consistent with FSD Africa’s brand, values, policies and protocols.
    Carry out any other duties or special assignments as assigned by the Management. 

     PERSON SPECIFICATIONS – ESSENTIAL AND DESIRABLE
    Qualifications and Education

    Good quality bachelor’s degree from a recognised university
    Professional qualification and relevant accreditations (Masters level from a globally respected academic institution) in a relevant field (Actuarial Sciences, Development Studies, Economics, Public Policy, Finance, or other relevant fields).
    Excellent written and verbal communication skills in English

    Essential Experience, Knowledge and Skills

    Minimum of 7 years’ post-graduation experience of working in a field relevant to innovation preferably in the financial industry , telecommunications industry or information technology  industry across multiple countries and institutions, including in Africa.
    Excellent knowledge and conceptual understanding of the financial industry sectors and technology applications/use cases targeting financial industry .
    Track record of measuring and articulating impact measurements systems in practice; including process and framework development.
    Experience in establishing and maintaining collaborative and trusted relationships with implementing partners, private-sector players and government & public agency counterparts.
    Demonstrated track record of rigorous project management skills and achievement of results across interconnected and complicated workstreams (with preference for experience managing digital innovation function or related projects).
    Demonstrated skills in managing large budgets, managing risk and ensuring value for money; ability to manage large project portfolios across multiple countries.
    Demonstrated ability to coordinate the work of internal colleagues and oversee external suppliers and providers.
    Excellent interpersonal and influencing skills, with an ability to engage effectively with Senior Management.
    Excellent written and spoken English.

     Desirable

    Experience of working in a multi-cultural environment
    Previous experience of working in donor-funded projects, preference for those funded through UK aid
    Languages: French, local African languages

     8. KEY RELATIONSHIPS

    Internal Relationships

    FSD Africa Risk and Resilience  Pillar
    FSD Africa Management/ Leadership Team
    Other FSD Africa Staff (esp. Strategic Communications & Development Impact)
    Green Finance Working Group
    FSD Africa Portfolio and project managers (esp. regulatory engagement, policy development, and in-country SMEs)

    External Relationships

    HMG FCDO and DEFRA officials
    External and Retained Consultants, especially those procured to produce program deliverables
    External private partners from across Africa (e.g. financial institutions and corporates)
    External public partners (incl. sovereigns stakeholders – regulators, MoFs, standard-setters)
    International Development Finance Institutions (DFIs) and coalitions (e.g. TCFD and TNFD Secretariats)
    Indirectly – FSD Africa Board, and sub-bodies (esp. Investment & Development Committees)

    go to method of application »

    Use the link(s) below to apply on company website.  

    Apply via :

  • FSD Network Gender Manager

    FSD Network Gender Manager

    FSD Africa is seeking applications for the position of FSD Network Gender Manager:
    Note: This position will serve the regional network of FSDs. However, for administration processes, the role will sit within one of the Network member organizations, FSD Africa.
    About the Job
    The Network Gender Manager will support the Network’s bold initiative to transform their approach to gender in their markets and make significant strides towards leveraging finance for women’s economic empowerment. The Gender Manager will bring energy and vision to this work, supporting network members to deeply understand gender issues, and will be responsible for a portfolio of impactful projects and research initiatives. S/he will bring technical insight and practical experience in women’s economic empowerment and financial inclusion; with the capacity to provide technical advisory services to the Network.
    Key Responsibilities

    Analyse & Strategize

    Drive and support research and analysis to inform the CoPro’s strategy and to better understand women’s participation in financial systems.

    Intervene

    Coordinate the development and roll-out of a portfolio of interventions so that results are achieved, risks are managed, and quality outputs are delivered; aiming to achieve a meaningful impact on women’s financial inclusion and economic empowerment.

    Learn & Integrate

    Ensure that ongoing learning from projects is fully utilised to maximise impact and innovation; support the mainstreaming of effective strategies across the network.

    Advocate & Communicate for Influence

    Drive women’s financial inclusion and economic empowerment through effective influencing, advocacy, and communication strategies.

    Manage Risks & Resources

    Support the good management of the Gender CoPro by ensuring value-for-money procurements, timely development of quality reports, and budget compliance.

    Qualifications and Education

    A quality bachelor’s degree from a recognised learning institution
    Relevant further degree or professional qualifications are an advantage
    Fluent in written and spoken English

    Essential Experience, Knowledge and Skills

    At least seven years of working experience In Africa in an economic empowerment context; with a strong focus on inclusive finance for women and/or other marginalised groups.
    Ability to meaningfully analyse gender-related issues so as to develop practical approaches / strategies for enhancing women’s participation, empowerment and capability
    Good knowledge and understanding of inclusive finance and financial sector development, and of the market systems approach.
    · Demonstrated track record of acting in an advisory capacity (could include consultancy) with the knowledge, gravitas and practical experience to enable others to mainstream gender in their work
    Extensively networked with regional &/or pan African communities of practice in the gender and inclusive finance space
    Demonstrated track record of rigorous project conceptualisation and management skills and achievement of results
    Experience of managing budgets, managing risk and ensuring value for money
    Ability to apply research techniques, interpret and evaluate results and present them succinctly and clearly; experience in designing/conducting/managing research on gender-related issues

    Desirable
    Experience of working in a multi-cultural environment &/or across multiple countries
    Personal Characteristics

    Commitment & Drive for Results
    Proactivity & Innovation
    Effective Resource Management
    Relationship Building
    Thinking & Problem Analysis
    Learning & Resourcefulness

    Apply via :

    www.fsdafrica.org

  • Gender Bonds Reference Standard Development

    Gender Bonds Reference Standard Development

    We work to reduce poverty by strengthening Africa’s financial markets.
    FSD Africa is a specialist development agency which supports innovative ideas to build and strengthen financial markets across Africa. It focuses on reducing poverty by tackling the most intractable financial market challenges in Africa – its core areas include deepening domestic capital markets through addressing the lack of long-term finance, developing the capacity and pipeline for green finance and promoting financial innovation and FinTech, to support increased financial inclusion for vulnerable and excluded groups.
    In conjunction with UN Women, we are seeking the services of a consultant to coordinate the development of specific gender bonds reference standards. The Services will involve reviewing existing gender lens investing standards and the applicable broad gender bond reference criteria. The consultant will also be required to coordinate consultative forums with gender lens investing and capital market practitioners as part of the stakeholder engagement required to build consensus on establishing specific gender bonds reference standards.
    The main objective of the consultancy is to coordinate collaborative efforts in the development of a gender bonds reference standard, which would provide more clarity on eligible gender empowerment projects and initiatives that qualify for the use of gender bonds proceeds.
    For more information and details on how to apply, please download the full terms of reference.
    Proposals should be sent by email to bids@fsdafrica.org by 12pm EAT on 22nd October 2021, under a subject line reading ‘Invitation to tender: Gender Bonds Reference Standard Development – Phase 1.’
    Questions or comments in respect of this Request for Proposal should be directed to bids@fsdafrica.org on or before 12pm EAT 14th October 2021 and a response will be provided on 18th October 2021 by 5pm EAT.

    Apply via :

    www.fsdafrica.org

  • Consultant – Equity, Diversity and Inclusion

    Consultant – Equity, Diversity and Inclusion

    FSD Africa is a specialist development agency which supports innovative ideas to build and strengthen financial markets across Africa. It focuses on reducing poverty by tackling the most intractable financial market challenges in Africa – its core areas include deepening domestic capital markets through addressing the lack of long-term finance, developing the capacity and pipeline for green finance and promoting financial innovation and FinTech, to support increased financial inclusion for vulnerable and excluded groups.
    We wish to appoint a consultant (individual or firm) to review and improve an existing three-year (2021-2023), Equity and Diversity Inclusion (EDI) strategic framework, develop a strategy and implementation plan for EDI at FSD Africa. The EDI strategy will be built on the philosophy that valuing people is at the heart of FSD Africa’s organisational performance. 
    We value and recognize the unique backgrounds, skills, and perspectives of its employees. Through a review of the EDI framework, we are seeking to foster EDI inclusion across the organisation to achieve excellence, high performance and delivery as FSD Africa pursues its mandate. 
    The Consultant will provide expert input and advice that will coach and guide FSD Africa on developing and implementing an equity diversity, and inclusion strategy. The Consultant will work alongside the EDI Committee to develop the FSD Africa EDI strategy, review and restate the EDI measurement plan, undertake a market review of similar organizations’ approaches and performance on EDI, develop a three-year equity, diversity, and inclusion plan which will support FSD Africa to develop a more inclusive culture – ensuring that staff feel included, safe, and valued at work – and to diversify our workforce so that it represents the communities in which we work. They will also work with the ExCo and staff to contribute to the organisation’s values revamp with specific reference to matters EDI and conduct education to different levels of staff on key aspects of Equity, Diversity and Inclusion in the workplace. They will also develop relevant communication and sensitization material and training material for routine staff training on the subject. 
    For more information and details on how to prepare proposals, please download the full ToR document from our website; https://www.fsdafrica.org/jobs-opportunities/edi-framework-strategy-review/
    Proposals, which should not exceed 5 pages, should be sent by email to bids@fsdafrica.org by 1200Hrs EAT, by 12th August 2021 under the subject line reading “Equity, Diversity and Inclusion – Framework and Strategy Review.”

    Apply via :

    www.fsdafrica.org

  • Specialist, Green Finance, Capital Markets

    Specialist, Green Finance, Capital Markets

    We work to reduce poverty by strengthening Africa’s financial markets.
    Based in Nairobi, FSD Africa was established in 2012 and is funded by FCDO. It has a team of just over 50 people, of whom 10 work in the investment arm, FSD Africa (Investments)(FSDAi). 
    FSD Africa is a specialist development agency set up to support breakthrough ideas to build and strengthen financial markets across sub-Saharan Africa. It works to reduce poverty by strengthening Africa’s financial markets. It does this by tackling the most intractable financial market challenges in Africa – including the lack of long-term finance, especially in local currency, dysfunctional credit markets and inadequate risk management capacity. 
    FSD Africa’s team of financial sector experts works alongside governments, business leaders, regulators, and policymakers to design and build ambitious programmes that make financial markets work better for everyone. Depending on the project, it can provide grants, investment capital, technical assistance, and market insights (e.g., through research) to ensure it achieves its objectives.
    We focus our work where the need is greatest, and where we believe the potential for impact is the most significant. We have a specific mandate to invest in breakthrough, innovative ideas that we believe can have a transformative impact.
    Job Purpose
    The Specialist, Green Finance – Capital Markets leads the implementation of pillar strategies and interventions in green finance. In delivering her/his role, the specialist will participate in the development of the pillars’ strategic and programme workplans, play a critical role in project management and implementation, and position FSD Africa’s contribution to market transformation.
    Key roles and responsibilities:

    Thought Leadership & Strategy Development 
    Project Design and Implementation
    Financial Management & Fund Raising
    Influencing and communicating impact

     
     Qualifications and Education

    Master’s degree or equivalent senior professional experience
    Excellent written and spoken English

    Experience, Knowledge and Skills

    At least 6-8 years of experience in the areas of technical specialism, at middle management in a financial markets environment.
    Ability to manage project portfolio in GBP 1-3 million range

    Desirable

    Experience of working in a multi-cultural environment
    Knowledge of donor policies and procedures withe experience in working with FCDO
    Languages: English (required) French (desired)

    For more information on the key responsibilities and role requirements, please download the detailed job description at https://www.fsdafrica.org/jobs-opportunities

    To apply, submit your detailed CV and cover letter by close of business Tuesday, 20 July 2021 through the FSD Africa Bamboo HR Hiring

    Apply via :

    fsdafrica.bamboohr.com

  • Information & Communication Officer

    Information & Communication Officer

    We are seeking to hire an Information Communication Officer to work closely with various teams to ensure unified performance and operation of all networks and systems.
    The successful individual will collaborate with outsourced IT support consultants to protect critical information, systems and assets, build solutions, implement new software and hardware, coordinate IT training and support the IT Manager in the development and delivery of the IT strategy. The individual will help enable cutting-edge innovations, take on challenging assignments, lead initiatives, and take ownership and responsibility. The ideal candidate will be passionate about technology, curious, resourceful, diligent and will be versatile and practical.
    Essential Experience, Knowledge and Skills

    At least 3 years’ experience within the ICT function/ sector
    Knowledge and understanding of the functioning and management of IT networks
    Experience in set-up, configuration and use of computer systems, trouble shooting
    Experience in Windows & Mac operating systems, current equipment and technologies

    Desirable

    Experience of working in a multi-cultural environment
    Previous experience of working in donor-funded projects
    Languages: French, local African languages

    Desirable Certification

    Microsoft Certified Solutions Expert (MCSE)
    Cisco Certified Network Associate (CCNA)
    Oracle Certified Associate (OCA)

    To apply and obtain more information on the key responsibilities and role requirements, please download the detailed job description at: https://www.fsdafrica.org/jobs-opportunities/.Submit your detailed CV and cover letter by close of business Tuesday, 25 May 2021.

    Apply via :

    fsdafrica.bamboohr.com

  • ICT Consulting Services

    ICT Consulting Services

    Information and Communication Technology (ICT) plays a critical role in securities market supervision and development – both internally and externally facing. A properly functioning ICT can improve efficiency and reduce regulatory costs to market intermediaries, issuers and investors, particularly in the approval processes and filings. It can also support the regulator in supervising the conduct of business.
    The ICT transformation is expected to address the foundational issues related to SEC Nigeria ICT systems and technology readiness and capacity such as governance & Management, ICT Architecture & Systems, Information Security and Business Continuity amongst others. The transformation is expected to conform to international best practice and position SEC Nigeria as a modern technologically driven regulator that harnesses technology to deliver optimum services while also enabling market stakeholders to deliver better market performance for investors and issuers.
    The main objective of the exercise is to work closely with SEC Nigeria and the Digital Transformation Resident Advisor to develop a digital transformation strategy that will provide clear roadmap for improvement of the regulatory capacity of SEC through modernization and transformation of its ICT systems and infrastructure.
    We are inviting proposals from suitably qualified consultants/consultancy firms. Please download the full TOR document from https://www.fsdafrica.org/jobs-opportunities for more information on the specific objectives and information on how to apply.

    Proposals, which should not exceed 10 pages (excluding annexures), should be sent by email to  bids@fsdafrica.org by 1200 EAT on 10 May 2021.  Questions or comments in respect of these terms of reference should be directed by email to bids@fsdafrica.org and be received no later than 1200 EAT on 26 April 2021.Responses and clarifications will be provided by 1700hrs EAT on 28 April 2021 through the same advertisement channels.

    Apply via :

    bids@fsdafrica.org

  • ERP Systems Specialist

    ERP Systems Specialist

    FSD Africa is a specialist development agency working to reduce poverty by strengthening financial markets across Africa. Based in Nairobi, FSD Africa’s team of financial sector experts work alongside governments, business leaders, regulators and policy makers to design and build ambitious programmes that make financial markets work better for everyone. Established in 2012, FSD Africa is incorporated as a non-profit company limited by guarantee in Kenya. It is funded by UK aid from the UK government. 
    We want to recruit an ERP System Specialist who will be housed within the Finance pillar reporting directly to the Financial Analyst. The role will support the Financial Analyst in various financial analysis to enable Finance Department achieve its objectives.
    Purpose of the ERP System Specialist
    The ERP System Specialist is responsible for supporting the Financial Analyst in analysis of financial data, financial modelling and predictive analysis, as well as administering the ERP system to enable the Finance department to achieve its objectives.
    She/He will;

    Manage the ERP system administration in an efficient and effective manner that ensures its proper and smooth utilisation.
    Support the Financial Analyst in the development of policies, procedures and operational systems that will ensure the smooth running of FSD Africa finances.
    Ensure effective use of data modelling practices to analyse available and researched data, interpret and make recommendations on operational areas of improvement.
    Support the Financial Analyst in the development, implementation and monitoring of FSD Africa and FSDAI budgets.

    This role requires an individual with a good quality degree in Commerce, Business Administration or related field. She/he will have at least 3 years post graduate experience in financial business analytics working in a busy organisation with qualifications in ACCA / CPA. The ideal candidate will hold certification in Data Science, Data Analytics or related with good analytical and financial modelling skills. previous experience working in a multicultural environment of a donor funded organisation is desired.

    Apply via :

    www.linkedin.com

  • Finance and Grant Manager

    Finance and Grant Manager

    Objective
    The Finance and Grant Manager, under the supervision of Chief Operating Officer, is at middle management position responsible for ensuring good financial and grant planning, analysis, controlling and management as well as overall compliance with FSD Kenya policies and with statutory rules and regulations. S/he is responsible for sound management of financial resources entrusted to FSD Kenya and ensuring that there are effective procedures in place to facilitate internal controls and accountability of grants provided to its implementing partners. S/he plans, directs, and is responsible for providing quality financial services to all projects and staff of FSD Kenya. Additionally, the Finance and Grant manager is responsible for ensuring effective and efficient management and compliance of all FSD Kenya’s grantees/contractors through maintaining and implementation of appropriate due diligence framework (policies, procedures, tools/modes, systems and structure), so as to minimize losses and protect the FSD Kenya’s reputation. The position provides finance and grants management and administration to achieve project goals, working with partner organizations of all levels. S/he provides overall management and oversight for all aspects related to finance and grants management with finance officers reporting to him/her. This requires close collaboration with FSD Kenya project team to ensure compliance with FSD Kenya and donor guidelines.
    Role
    Financial management and controlling

    Contribute to the development of the annual and project budgets by providing guidance to budget holders, oversee the disbursement of funds; ensuring that accurate and timely payments are made to vendors, implementing partners, service providers, and other stakeholders and provide support to FSD project teams in cost analysis, project budgeting, granting and contracting
    Ensure that annual budgets are entered into the accounting system to support subsequent reporting
    Monitor spend against budgets and provide regular analysis to communicate status and highlight any areas of concern
    Review daily journal entries, monthly and annual financial statements, and ensure they are prepared in accordance with statutory, International Financial Reporting Standards, and set internal procedures
    Review all reconciliations on a monthly basis to ensure these are processed in a timely manner, accurately, and agree to the general ledger
    Oversee the management and monitoring of incoming funds (grants and investment interest) to ensure timely and accurate receipt and ensure these are scheduled in the financial system in a timely and accurate basis
    Map donor budget into the FSD Kenya’s accounting format for easy, timely and accurate monitoring
    Ensure that the invoicing and/or fund requests from donors are made in accordance with the agreed schedule
    Ensure monthly reconciliation of the expected vs actual income
    Ensure that all payments and funds are disbursed accurately and on time, and that the general ledger and sub ledgers are updated
    Plan and allocate payroll costs to project, and ensure that the payroll is processed on a timely and accurate basis
    Ensure that all matters relating to tax reporting and payments are made accurately and on time
    Ensure that routine financial administration is carried out in accordance with sound accounting practice
    Oversee management of inventory at all times (consumables and fixed assets), and ensure the accuracy of FSD Kenya’s fixed asset register

    Financial analysis and support

    Overall responsible for finance analysis and management reporting
    Lead and provide accurate, timely and meaningful financial analysis to identify trends, flag potential issues, and recommend actions to senior management
    Liquidity and cash management analysis and reporting

    Financial monitoring and reporting

    Responsible for monthly and quarterly financial and management reports, forecasting and analysing trends and risks to management and PIC
    Prepare donor financial report for review by the COO ensuring that it is accurate, and expenditure therein are valid and are complying to all applicable guidelines
    Liaise with the ERP Project manager and vendor to ensure that the ERP is set up to record necessary data and produce desired reports
    Collaborate with the programme management team to perform the Monthly Project Financial Review and analyse project budgets (Vision, Regulation, Trade, Market information, Payment platform, Government Payments, Climate finance, Affordable housing projects and cross cutting areas), actual expenses, commitments, grant, and burn rates.
    Maintain dashboard to monitor the financial health of the programme, including surplus/deficit, program income, and overhead, cash flow
    Ensure that financial records (both system and physical) are adequately maintained within FSD Kenya
    Ensure monthly monitoring of receivable reports and analysis to facilitate timely collections from implementing partners

    Compliance

    Support internal and external audits, and/or queries from statutory bodies, providing all requested information and implementing any agreed corrective actions
    Ensure financial compliance with:
    MOU requirements & restricted grants
    FSD Kenya’s policies
    Tax regulatory requirements (withholding tax, PAYE, etc)
    Professional standards (IFRS, IAS, etc)

    Grant management

    Maintain and update grants planner and monitor matrix of all grants/contracts with responsibilities, reporting and KPI requirements for each project and overall programme that informs regular tracking and decision making and reference tool for programme management team
    Maintain the link between grants management and M&E systems to improve grantee reporting and the link to FSD Kenya grant requirements

    Due diligence

    Guide and conduct due diligence on grantees in coordination with project team
    Undertake partner risk pre-assessments and grant start-up meetings
    Undertake partner financial, compliance and/or operational audits as requested and share such results/recommendations with COO
    Ensure comprehensive review of partner budgets is done. Train the project staff on budget review basics; how to analyse, verify and review proposal budgets; how to tie the budget to the proposal, what to look out for, what questions to ask, what recommendations to make, as well as the basics of reviewing partner cash requests and financial reports against budgets
    Spearhead the grant inception and close out meetings to ensure smooth implementation of the specific projects. Ensure the staff have the required donor compliance requirement.
    Attend onsite due diligence meetings with implementing partners and provides feedback on the depth of reviews
    Support and participate in any project audit exercises and coordinate all participating partners to respond to audit requirements
    Monitor and prepare monthly reports on returnable grants/contracts
    Provide quality control for financial management of subawards including reviewing and processing subrecipient invoices and cash requests, with more in-depth monitoring when required
    Review all partner financial reports submitted ensuring their accuracy and completeness, including securing the validity of expenses reported

    Innovation

    Contribute to design and development of overall due diligence framework
    Develop and design partner risk assessment tool for due diligence
    Participate in the development of risk management framework, policy and procedure
    Contribute to the implementation of the new ERP system
    Review and recommend update of policy and procedures in regard financial management
    Supporting project teams on complex procurement

    Stakeholder relations

    Donor relations including specific reporting to individual donors
    Support to FSD partners on financial management issues
    Provide team, staff, and suppliers with guidance and sensitisation on improved payment processes, accountability, and practices Respond to and provide advice on finance related queries from projects
    Advising staff on financial management issues touching on their individual projects
    Responsible for banking relationship

    Carry out any other duties or special assignments as assigned by the management.
    Conduct of work
    The FM will work as a full-time member of the FSD Kenya team, reporting directly to the Chief Operating Officer (COO).  The FM will work closely with FSD Trustees at KPMG who have the overall fiduciary responsibilities of the Trust in line with the Trust Deed. Given the core value of collaboration and cross-working, the FM will also work closely with other colleagues including the Programme management team and project teams to achieve the programme objectives, ensure stewardship for the Trust’s resources and adhere to policies and procedures. 
    Working arrangements will be flexible with the approach taken driven by the demands of the role. Communication and collaboration are of paramount importance to the FSD team’s effectiveness. Guidelines on effective remote working and flexitime are set out in FSD’s policies and procedures which should be strictly adhered to. Use of timesheet is mandatory and salaries will only be processed upon confirmation of updated timesheets by 20th of each month. Successful remote and flexible working requires liaison with operations and project team members and the full adoption of FSD’s technology-based communication tools.
    An initial 6-month probationary period is envisaged and subject to satisfactory performance appointment made for a period of 2 years in line with the employment terms of the FSD Trust. This includes 30 days annual leave, personal accident insurance, comprehensive medical cover as well as flexible working hours. 
    Outcomes and deliverables
    The FM will be responsible for day-to-day financial and grants/contracts management, financial analysis and controlling of FSD’s finance and grants activities in addition to ensuring compliance of FSD Kenya’s partners to underpin achievement of FSD’s mission “to support the development of inclusive financial markets in Kenya as a means to stimulate wealth creation and reduce poverty”. The FM will be in the front-line in ensuring that the Trustees of FSD Kenya are able to fulfil their obligations and maintain an effective and efficient fiduciary oversight of the Trust. 
    FSD is managed on a strongly results based approach and the Finance Manager is expected to deliver specific annual targets agreed with the COO to support the implementation of the strategy and yearly business plan. Programme and project financial reporting, as formally specified in the policies and procedures, must be delivered on time and to the highest standards.
    Certifications required

    CPA
    ACCA
    CFA

    Degree qualifications

    Master of Business Administration (MBA)
    Master’s Degree
    Bachelor of Commerce (BCom)

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