Jobs Kenya

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

  • 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)

    Apply via :

  • Grants and Contracts Manager

    Grants and Contracts Manager

    About the role

    The Grants and Contracts Manager will play a key role in supporting pillar heads, senior managers and other stakeholders in reviewing grant requirements, collaborative agreements etc. and provide compliance & contract management advisory services to enable effective management of contractual risks relating to grants and contracts management.

    The role holder will serve as the main point of contact in administering the facilitation and application of grant agreements, service and supply contracts, cooperative agreements and downstream contracting by implementing partners, as well as monitoring financial performance

    against agreed timelines and any modifications thereto. S/he will also ensure compliance with memoranda of understanding and agreements entered into with FCDO and other donors.

    Key Responsibilities: 

    1.  Systems & Policy Development

    Ensure that FSD Africa is provided with Grants and Contracts Management support, establishing systems and policies necessary to accomplish strategic and tactical objectives.
    Review, improve and contribute to policies and procedures for the successful management and supervision of Grants and Contracts.
    Ensure FSD Africa is itself fully compliant with the contractual reporting requirements of all its principal funder and other donors.

    2.  Grants & Contracts Management & Advisory

    Ensure that grants, contracts, agreements and internal policies follow all statutory, tax and regulatory requirements and are designed to work for the overall benefit of the organisation; ensure adherence to and compliance with agreements and contracts of FSD Africa’s funders and related donors.
    Manage full cycle grant and contract award administration.
    Track changes to, research, interpret and advise on FCDO and any other client rules and regulations.
    Monitor amendments to FCDO’s Memorandum of Understanding as well as researching, interpreting, advising – and tracking any changes to – rules and requirements relating to any/all other donor agreements
    Maintain a record of amendments to all FSD Africa’s grant agreements and service contracts with downstream partners
    Conduct trainings on grants and contracts compliance issues for FSD Africa staff
    Collaborate with internal and external partners in planning, implementing and evaluating grants performance.
    Maintains effective working relationships with all staff, stakeholders, partners, grantees, contractors and donors.
    Draft, review or modify (as necessary) organisational grants, contracts, agreements and internal policies; track validity and status of contracts; manage renewals, extensions and any other necessary amendments in collaboration with the procurement and finance teams, programme assistants, contract owners and other stakeholders.
    Liaise with the Procurement team to ensure all procurements carried out by grantees are compliant with FSD Africa, FCDO and other donors’ rules and regulations.
    Participate in the negotiation of contracts between FSD Africa on the one hand and implementing Partners on the other hand; seek appropriate legal counsel where modification of contracts is necessary
    Support the development and implementation of grant governance strategies for bridging any partner capacity gaps that are identified during due diligence assessments; internal audit, compliance reviews, ensure appropriate levels of due diligence are carried out on new grantees and implementing partners.
    Monitor and report on implementation and performance issues of downstream sub-partner contracts in collaboration with programme and Measurement and Results Management teams.
    Work with pillar leads to ensure the proper maintenance and filing of all grants, contracts and sub-contracts.
    Maintain close coordination between grantees, consultants and relevant project managers during execution of grant agreements and services contracts, to track milestones, timelines, deliverables, expenditure and ensure compliance.
    Prepare regular reports on the performance of grantees and consultants and signal any significant delays or other issues that might impact implementation to the relevant management team.
    Ensure quality information management related to grants by overseeing the regular maintenance of grant files, reporting calendars, and updating of internal documentation.
    Work with the finance team to ensure commitment values of contracts are assessed periodically, updated in the commitment schedule and provided to finance to facilitate accurate determination of the Accounting Deferred schedule.
    Assist in drafting financial reports for FCDO and other donors in coordination with finance and pillar teams.

    3. Budgeting and Reporting

    Manage processes that ensure grantees are fully compliant with reporting requirements (particularly relating to budgeted expenses) as specified in FSD Africa’s Grant Agreements.
    Partner with pillar heads, senior managers and other stakeholders to develop grant and contract budgets and forecasts in line with donor regulations.
    Recommend or facilitate opportunities to help build staff and partner capacity in budget formulation/management. 
    Develop time allocation plans for assigned grants and contracts as well as participate in year-end close-out of grants and contracts in preparation for the annual audit.   

    4. Risk & Compliance

    Work with FSD Africa Risk & Compliance Manager, and FSDA Risk Portfolio Manager in guiding the company in developing and maintaining effective compliance programmes and related activities, in order to prevent illegal, unethical or improper conduct.
    This role will work with the Results team and relevant pillar staff to ensure oversight during implementation and close-out of grants. This will include risk assessments on Safeguarding and related areas.
    The jobholder will advise staff on contractual and grant issues, compliance with donors’ requirements, and implementation of policies related to downstream partners’ contracts’ management and risk mitigation.
    The jobholder will establish and manage the grants process and provide oversight of the implementing partners’ grants and contracts including review of all partner financial documents/reports, review and approval of advances and liquidations, asset and inventory management including transfer of expendable and non-expendable supplies and equipment at the end of a project.
    Provide risk and compliance advice information to staff and retained consultants within FSD Africa, and FSD Africa (Investments) to grants and contracts management, internal policies and procedures, and donor conditions and expectations
    Provide expert advice to implementing partners on audit requirements.
    Work collaboratively with the Director Corporate Services to contribute to the continued development of the organisation-wide risk management matrix, and lead risk mitigation in the grants and contracts space.
    Provide reports on a regular basis, and as directed or requested, to keep senior management and the Finance Audit & Risk Committee (FARC) of the Board informed of the operation and progress of legal compliance efforts; attend and contribute to FARC meetings as required.
    Assess any issues that might arise and recommend the initiation of investigative procedures where necessary or in response to alleged violations of rules, regulations, policies, procedures.
    Develop, manage and monitor FSD Africa’s risk mitigation plan for grant agreements and service contracts.

    5.   Shared Service & Network Support

    As a member of the Corporate Services leadership team, participate in identifying and meeting FSD Network-wide needs for the provision of shared services; lead the provision of advisory services in regard to grants and contracts management.
    Clarify what aspects of grants and contracts management may reasonably be extended as a shared service to the Network and set up the structure and resourcing necessary to deliver them.
    Ensure that FSD Network members are informed of the services that are available to them and develop a quick and easy mechanism for requesting support; in case of a high volume of requests for support, create a system for prioritising and communicating timelines for resolving Network members’ issues/challenges.
    Coordinate with the pillar teams on selection, institutional capacity development plans and overall partnership development methodologies.
    Establish and maintain positive working relationships with FSD Network staff.
    Make training on grants and contracts compliance issues available for FSD Network staff.

    Does this sound like you?

    Bachelor’s degree in finance, business administration, or related field: Master’s degree preferred.
    Minimum of 7 years of finance professional experience with at least 3 years of grants and contracts management experience for donor-funded programmes.
    Deep experience working with grantees and implementing partner organisations.
    Significant experience with budgets and financial forecasts, monitoring and reporting to donors.
    Good understanding of donor requirements, e.g. EU, FCDO (SIDA, Gates, USAID)
    Personal and professional integrity, flexibility, initiative and a “can-do” attitude and meticulous attention to detail
    Experience in financial capacity building of non-finance managers, in particular working with partner organisations (establishing and operationalizing partnership agreements, capacity building)
    Excellent written and spoken English.

    Nice to have:

    Experience working in a multicultural environment.
    Proven track record building local capacity with nascent organisations and understanding of institutional organisational development preferred
    Solid background working with FCDO funded programmes.
     Languages: English, Swahili and/or other African languages.

    Persons of all gender, race, sex, orientation, age, and identity are encouraged to apply

    Apply via :

    www.fsdafrica.org

  • Manager, New FSD Strategies Assistant Director, Risk Regulation, Nairobi

    Manager, New FSD Strategies Assistant Director, Risk Regulation, Nairobi

    JOB PURPOSE

    The Manager, New FSD Strategies is responsible for supporting the establishment of five new FSDs entities in Ethiopia, Ghana, Sierra Leone, Zimbabwe and in the West African Economic and Monetary Union (WAEMU). This work is highly strategic, expanding the FSD Network footprint into new and important markets. The role will support and lead the development of strategic frameworks and the population of these frameworks with a portfolio of impactful programmes and projects. To enable this effort, the role will also support and lead aspects of delivery platform development – the establishment of the FSD entities themselves.

    KEY RESPONSIBILITIES AND ROLE REQUIREMENTS
     

    Establishment of New Entities

    Support the effort to develop and implement a project plan for the foundation and registration of five new FSDs (in Ethiopia, Ghana, Sierra Leone, Zimbabwe, and WAEMU); ensuring that each new entity is provided with a firm foundation for future success:

    Ensure full understanding of the joint FSD Africa/Foreign and Commonwealth Development Office (FCDO) strategy for the FSD Network as a whole; and specifically, the objectives that must be achieved through setting up each new FSD
    Support a consultative process to develop a clear and agreed project plan for the foundation and registration of each new FSD
    Manage the procurement and on-going supervision of consultants who will deliver against the project plan (for instance, legal
    council for managing registration and statutory compliance, HR consultants for managing Board and Executive recruitments etc.)
    Build strong relationships with the newly recruited Board and Executive Director; provide ongoing logistical support during the initial set-up of each new FSD

    2. New FSD Programming & Strategy

    Liaise with the New FSD Strategies Senior Manager, the FSD Africa CEO and Pillar Teams to identify priority areas for programming across the new FSDs portfolio; oversee relevant research, development and testing of theories of change, and conceptualisation of new projects:

    Support the development of strategic frameworks, bringing them to life with well-designed programme and projects for delivery in each New FSD location,

    As requested by the New FSD Strategies Senior Manager, carry out research to gain a deep and comprehensive understanding of the ecosystem in new countries of operation, as well as needs and requirements of stakeholders and how to leverage beneficial change

    Develop and test theories of change, aligned to the overall FSD 2.0 strategy, for programmes that will be rolled out by the new FSDs

    Work collaboratively with the Results Pillar to devise and manage results measurement and learning frameworks that will yield important insights into the development of effective long-term interventions

    3. Project Planning

    Support the New FSDs Senior Manager to conceptualise and develop a coherent portfolio of projects and implementing partners which will collectively be effective in driving impact and systemic change in the countries of operation of the new FSDs and more widely across the region:

    Identify a variety of instruments that might stimulate financial inclusion for FSD Africa’s target end-beneficiaries.Such instruments will be context-specific but might include digital finance solutions, credit scoring, digital identity etc.

    Contribute to the identification of potentially impactful implementing partners; support them through the due diligence process and the development of grant agreements

    Collaborate with implementing partners and relevant technical experts to develop project proposals that comply with Investment Committee standards

    Ensure that all staff, consultants and implementing partners involved in a project are fully briefed concerning expectations; especially on project milestone targets, quality standards, data collection/reporting and compliance with risk management / accountability requirements

    Lead the delivery of programmes and projects in close collaboration with the New FSDs Senior Manager

    Develop detailed implementation plan, budgets and cash-flow forecasts that will ensure project success and address capacity gaps of partners

    4. Project Implementation & Budgeting

    Co-ordinate the roll-out of new FSD projects so that results are achieved, budgets and risks are managed, and quality projects are delivered, managing the eventual handover to in-country staff:

    Work with implementing partners to assist them in implementing their projects according to the project plan:

    Organise and execute a regular schedule of visits to field projects in collaboration with other key members of the direct and indirect teams
    Address delivery shortfalls with a coaching style in the first instance
    Negotiate assertively, with the administration of consequences, in case of persistent failure to deliver

    Provide technical assistance, or organise the provision of support, to Implementing Partners (includes supporting delivery partners to provide data for the Results team, Learning and Grant accountability data)

    Review the Monthly and Quarterly Reports and take appropriate action based on results and analysis:

    If desired results have been achieved, initiate strategies for widespread awareness-raising and ‘crowding in’
    If desired results have not been achieved, either manage performance of the implementation team or adjust the strategy/approach

    Identify and mitigate project risks in a timely manner (project delivery and partnership management)

    Communicating for Impact

    When developing project plans for New FSDs, consult and collaborate with the Advocacy and Communications team to develop and implement plans for influencing stakeholders that will support the success of the intervention; for instance, advocating for policy reform or stimulating grass roots demand:

    Work collaboratively with Advocacy and Communications team to develop and implement work plans and budgets; ensuring that efforts are monitored and evaluated to ensure impact
    Contribute to the implementation of the Communication strategy (e.g. by developing content for written materials/website; participating in campaigns etc); participate in and contribute to the development of annual and quarterly reports
    Build strong relationships with FCDO colleagues as well as market actors to enable smooth strategy development and effective delivery
    Represent FSD Africa in public forums and networking opportunities; always behaving in a manner consistent with FSD Africa’s brand and values

    Carry out any other duties or special assignments as assigned by the Management.

    PERSON SPECIFICATIONS

    Qualifications and Education

    Good quality bachelor’s degree from a recognised university in a relevant field

    Relevant post graduate qualifications are an advantage

    Excellent skills in written and spoken English 

    Essential Experience, Knowledge and Skills

    At least five years of experience, some at a senior level, working in a relevant environment across multiple countries and institutions, including in Africa
    Significant knowledge and experience in inclusive finance and economic development, and a willingness to play a leading role in realising these objectives for FSD Africa
    Strong knowledge and understanding of financial instruments (e.g. poverty graduation programmes, cash transfer or enterprise grants programmes, development impact bonds etc.), design sprints, market-leading intelligence, advocacy, technical assistance, risk capital and their impact on inclusive finance and poverty reduction
    Experience in establishing and maintaining collaborative and trusted relationships with implementing partners, donors, private sector players and government counterparts
    Demonstrated track record of rigorous project management skills and achievement of results
    Demonstrated skills in managing large budgets, managing risk, and ensuring value for money; ability to manage project portfolio in GBP £2m-£5m range
    Experience with managing and reporting on complex donor-funded projects

    Desirable

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

    go to method of application »

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

    Apply via :

  • Head of Fragile Communities and States (FCAS)

    Head of Fragile Communities and States (FCAS)

    PURPOSE of the HEAD of FCAS – Assistant Director

    The Head of Fragile Communities and States – Assistant Director will provide strategic and operational leadership to the existing work underway, upgrading it with new ideas, funding, and staff members. This is a senior management role that will build and lead a portfolio of projects that deliver results and influence key partners to replicate FSD Africa’s approach.  Reporting to the Director, Strategy and Advocacy, the role will ensure the successful implementation of strategies through the provision of leadership to a team of staff and consultants. Effective relationship management, influencing, advocacy and communication will be also be key drivers for success in this role.

    This role requires an individual that has excellent knowledge and understanding of private sector development processes in fragile communities and states and is experienced in formulating, developing and implementing new strategies with a 3-10 year scope. S/he will hold bachelor’s degree in international development, conflict studies or similar, (a Master’s degree would however be preferred ) and will have at least ten years of experience, some in senior leadership within like-minded international organisations, especially with a focus on FCAS.

    PERSON SPECIFICATIONS
     
    Qualifications and Education

    Bachelor’s or ideally master’s degree, in international development, conflict studies or similar
    Excellent written and verbal skills in English

     
    Essential Experience, Knowledge and Skills

    At least ten years of experience, some in Senior leadership within like-minded international organisations, especially with a focus on FCAS
    Demonstrated network of professional networks including crucial public and private institutions, as well as international development institutions
    Excellent knowledge and understanding of private sector development processes in fragile communities and states
    Demonstrated ability to coordinate and lead high performing teams and manage external stakeholders
    Experience in formulating, developing and implementing new strategies with a 3-10 year scope         
    Demonstrated ability to innovate and show resilience in the face of change or obstacles; develops innovative solutions and approaches
    Demonstrated track record of rigorous project management skills and achievement of results
    Experience of developing communication strategies and plans
    Demonstrated risk-calculating skills and ability to evaluate emerging high development impact opportunities that are aligned with FSD Africa’s strategy
    Experience with managing and reporting on complex donor-funded projects, managing risk and ensuring value for money; ability to manage project portfolio in GBP 750k-£1.5m per year range.

     
    Desirable

    Experience of living and working in a multi-cultural environment, including in fragile communities or states
    Previous experience of working in DFID-funded projects
    Languages: English, French, local African languages
    Location: A fragile state in Africa, happy to relocate to Kenya

    KEY RELATIONSHIPS

    Internal Relationships

    Director, Strategy & Advocacy
    Existing FCAS team
    Other key FSD Africa staff and long-term Consultants

    External Relationships

    Public and private sectors in FCAS
    International development organisations, especially DFID
    Academic institutions, leading NGOs
    FSD Network colleagues
    Consultant specialists

    Apply via :

    e.com

  • Senior Climate Specialist Associate Director, Advocacy and Communications Assistant Director Credit Policy, Regulation & Infrastructure

    Senior Climate Specialist Associate Director, Advocacy and Communications Assistant Director Credit Policy, Regulation & Infrastructure

    About the role
    This Senior Capital Markets Specialist role will lead the area of Climate Finance interventions in the various SSA markets. The position will lead in the identification of SSA market priorities, appreciation of market needs and requirements, and determination of opportunities for Capital Markets to contribute to transformational change and improvement.
    The job holder will be accountable for the development and implementation of projects working directly with implementing partners and consultants in the delivery of the projects and ensuring the successful management of FSD Africa Capital Markets’ strategic and operational interventions.
    In addition, the role will provide thought leadership in the space, providing strategic and tactical advice to partners and external stakeholders and driving the transformation of capital markets through effective influencing, advocacy and communication. He or she will be responsible for managing complex projects with a team of specialists and consultants, and will be a credible coach for the external stakeholders.
    Key Responsibilities:
    Thought leadership & strategy development

    Participate in the development of strategy and programmes for the Capital Markets pillar
    Ensure regular engagement with other experts & decision makers in SSA countries to understand the strategic priorities for the development of capital markets
    Lead FSDA’s research into Climate Finance, developing a deep and comprehensive understanding of the financial systems in SSA and how to leverage beneficial change
    Pay attention to personal professional development and learning in order to remain an expert in the fields of Capital Markets Development and Financial Inclusion
    Contribute towards the development of strategy for the Capital Markets pillar; ensuring that insights in Climate Finance are incorporated into the design and development of relevant theories of change
    Identify a portfolio of projects in the Climate Finance space that will enable them to have a transformative impact on the market; aligned to DFID strategy and FSDA development goals
    Develop tools, methodologies and approaches (IP) which will guide the team and stakeholders in implementing best practice in Capital Markets Development

    Project design & Implementation

    Ensure the effective implementation of Capital Markets projects; ensuring that the results anticipated in the MRM framework are achieved
    Conceptualise, design, and write investment proposals, including results measurement and risk management framework
    Following approval, develop detailed implementation plans; including budgets and procurement of consultants / implementing partners as required
    Ensure the effective implementation of projects so that milestones of the project plan are achieved on time and to standard
    Lead monitoring, results management, and learning for all projects being implemented; ensuring objective analysis of results and appropriate corrective actions as required to optimise FSDA’s beneficial impact
    Provide high quality technical advice and support to Implementing Partners, Consultants and other project stakeholders in Capital Finance
    Ensure comprehensive and timely communication with all project stakeholders

    Financial management & fundraising

    Contribute to the management of the finances associated with the Capital Markets Pillar aiming to optimise the impact that is achieved with resources and ensuring compliance with FSD Africa and Donor policies
    Identify opportunities for fundraising and co-funding for the work of FSDA & support with proposal development as requested
    Conceptualise how funds and other limited resources may be best allocated to achieve optimum impact; including supervising the work of consultants to optimise value for money
    Track and monitor budget spend and associated activities, ensuring cost-effective utilisation of resources and timely achievement of financial targets
    Ensure that the accountability requirements of donors are met and that good relationships with funders are maintained at all times

    Influencing & Communicating for Impact

    Drive the transformation of capital markets through effective influencing, advocacy and communication strategies
    Contribute towards stakeholder mapping for the pillar; identifying key decision makers/ power brokers and develop innovative ideas for influencing them and/or transforming their mindsets
    Publish industry thought-leadership materials, particularly in the area of Climate Finance
    Contribute to the development and implementation of FSDA’s Communications Plan; building FSD Africa’s web presence, supporting thought leadership activities (publications, briefing notes, case studies, conference presentations), coordinating events, seminars etc.; establish us as a leading voice in Climate Finance thinking and knowledge
    Participate in networking events and/or convene stakeholders in order to build awareness and influence the thinking around capital market

    Implementing partner engagement & capacity building

    Support the Director of Capital Markets in identifying, engaging, and empowering key implementing partners, so that they are equipped to operate effectively and contribute to the development of their respective Capital Markets
    Ensure appropriate selection of partners; ensuring optimal combinations of partners to bring out their synergies for the programmes e.g. political economics, due diligence, influence, etc.
    Build and maintain relationships with senior leaders in chosen implementing partners, leveraging new opportunities that may arise and dealing promptly with relationship difficulties
    Engage partners in joint strategizing and the development of projects that will leverage change and have a positive impact on capital markets development

    Does this sound like you?

    You have at least 10-15 years of experience in the areas of technical specialism, including at a senior level, in a financial markets environment
    You are able to manage project diversity and complexity, with a portfolio in GBP 1-5 million range
    You are able to manage significant complexity and conceptual sophistication
    You have a successful track record of delivering results in the area of technical specialism and the provision of technical assistance
    You have a track record of managing relationships and influencing key stakeholders at leadership or specialist level
    You have experience in conducting and analysing research

    Nice to have

    You have an understanding of the developing world and strategic MRM (preferred)
    You have experience of working in a multicultural environment
    You have knowledge of donor policies and procedures
    You have previous experience of working in DFID-funded projects
    Languages: French, local African languages

    Persons of all gender, race, sex, orientation, age, and identity are encouraged to apply.

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  • Chief Financial Officer

    Chief Financial Officer

    Reporting: Directly to Director, FSD Africa. In charge of Direct reports from Financial Management team
    FSD Africa’s work focuses on five main areas organised in organisational Pillars:

    Financial Institutions: Direct interventions with financial institutions in the banking, insurance and fintech sectors to support implementation of strategies that enables reaching target beneficiaries at scale, especially through technology-led innovation;
    Financial Markets: Interventions designed to spur poverty reduction through economic growth and job creation by increasing the availability of long-term finance for investment through capital markets development;
    Financial Systems: Interventions in priority sectors, designed to increase access to finance to empower and reduce the vulnerability of the poor;
    Development Capital: Investment of concessional capital (equity, loans etc.) into financial companies, funds or other structures (e.g. guarantee schemes) where the investment is expected to contribute meaningfully to financial market development;
    Fragile states: Interventions targeting a group of fragile states (Sierra Leone, DRC and Zimbabwe) and refugees to push the boundaries of the market development into more difficult environments.

    Job Purpose: The Chief Financial Officer (CFO) will have overall responsibility for managing and reporting FSDA’s finances, including Development Capital (DevCap) investments made through its subsidiary, FSDA(I).
    The CFO will develop financial and tax strategies, managing capital requests and budgeting processes, while using financial performance measures and monitoring systems that support the company’s strategic direction.
    The CFO will oversee all financial matters related to audit and statutory returns, including tax and reporting of financial results to DFID and the Board of Directors.
    Key Roles and Responsibilities

    Direct and oversee all aspects of the Finance & Accounting functions of the organisation
    Oversee the financial operations of subsidiary companies and foreign operations
    Manage the capital request and budgeting processes
    Monitor and direct the implementation of strategic business plans
    Maintain banking and deposit relationships and manage any third parties to which accounting, or finance functions have been outsourced
    Assist in formulating the company’s future direction and supporting tactical initiatives
    Develop financial and tax strategies, together with performance measures and monitoring systems that support the company’s strategic direction
    Oversee the company’s transaction processing systems, monitoring cash balances, developing cash projection processes, and providing timely financial information and reports
    Review and approval of all statutory financial returns made to appropriate Government agencies to ensure compliance
    Assist the DevCap team with the investment and management of funds
    Develop credibility of the finance team by providing timely and accurate analysis of budgets, financial reports and financial trends in order to assist the Director FSDA, the Board and other senior executives in performing their responsibilities, and ensuring that all tax, audit and compliance aspects are addressed in timely manner
    Provide leadership in continuous evaluation and achievement of short and long-term strategic financial objectives
    Establish and maintain strong relationships with the senior management team to identify needs in advance and provide comprehensive reporting and business support
    Provide executive management with advice on the financial implications of all pillar activities
    Manage processes for forecasting, budgets, consolidation and reporting of Group financial activities
    Provide recommendations to enhance financial performance and business opportunities
    Ensure that effective internal controls are in place and ensure compliance with IFRS and all applicable laws and rules for financial and tax reporting.
    Provide advice from a financial perspective on service contracts and grant agreements
    Carry out any other duties or special assignments as assigned by the FSDA Board and Director.

    Person Specification
    Essential
    Qualifications and Education

    Professional qualification and relevant accreditations (e.g. CPA, MBA, Bachelor’s degree in finance)

    Experience, Knowledge and Skills

    A master’s degree in accounting or business administration, or equivalent business experience and 10+ years of progressively responsible experience within an investment environment across multiple countries, institutions and programmatic areas.
    Experience in partnering with an executive team, and a high level of written and oral communication skills. Preference will be given to candidates with an MBA in Finance and CPA or CMA designations.
    Significant experience and expertise in investment management (e.g. from the private equity industry) and/or investment or development banking, good commercial judgment and a willingness to play a central role in making the strategic objectives of DevCap become a reality.
    A successful track record as a senior financial management accountant prior to becoming a CFO with at least five years’ experience in Africa will be preferred
    Experience of the impact investing industry and familiarity with current thinking around the measurement of non-financial investment performance (i.e. impact)
    Experience of financial reporting of investments, including developing and applying protocols for impairment and provision calculations under IFRS9 Knowledge of donor reporting processes (ideally DFID)
    Excellent skills in written and spoken English
    Financial sector knowledge/experience
    Experience of financial risk management and an understanding of the growing financial risks that a significant increase in FSDA’s Development Capital operation would entail
    Knowledge of institutional management of investment strategies across various types of asset classes, trading approaches and techniques, and of factors affecting price trends
    Knowledge of applicable regulatory frameworks and bodies, as well as policies and guidelines affecting business practices
    Knowledge of and the ability to use methods, processes and tools for creating and maintaining accurate and thorough investment reports
    Able to build relationships and gain commitment from others
    Able to focus on and deliver on multiple projects at any one time
    Reliable with an ability to take responsibility and exercise it well
    A flexible and “hands on” approach, prerequisite for a senior member of a small team
    Strong communication skills; the ability to present ideas and financial processes with conviction
    An ability to think independently and form individual opinions on investments and grants

    Qualities, Behaviours and Attributes

    A strong work ethic with a high standard of attention to detail and quality; comfortable with working in a demanding and highly intellectually environment
    An active and demonstrable interest in economic development and developing countries
    Responsive to new ideas and innovations, adaptable to system and process improvements, open to change and able to adapt established methods for new uses
    Acts professionally and upholds the good reputation of the organisation, abides by FSDA Code of Conduct
    Communicates clearly, expresses ideas in simple terms, listens to the views of others and changes tone and style to match the needs of people listening
    Self-motivated and keen to take initiative, seeking clarification when necessary and taking responsibility for own actions
    Impact-oriented with a focus on completing projects and delivering results
    Rigorous with respect for good governance and procedures, intolerant of poor quality
    Demonstrates integrity, is fair, honest and trustworthy with respect for confidentiality

    Leadership Qualities, Behaviours and Attributes

    Creates a strong vision for the team; inspires others to greater performance, professional standards and results
    Develops others and creates understanding through role clarity and supportive leadership
    A team player who is supportive of other’s ideas and innovations, collaborates in a culture of knowledge sharing and team learning to strengthen the organisation’s work
    Presents new challenges and opportunities to the team to enable them to demonstrate and achieve their full potential; encourages and inspires team learning
    Encourages a high-performing culture in the team

    Key Relationships
    Internal Relationships

    FSDA Board of Directors, including Finance Audit & Risk Committee
    Management team
    Staff
    Peer departments

    External Relationships

    UK’s Department for International Development (DFID)
    FSD Network
    Peers in Professional services
    Delivery Contractors and Partners

    Financial Responsibilities
    Direct Control

    Overall responsibility across the Investment Pillar (£35m through FY2018/19, expected to grow substantially thereafter).

    Desirable

    Exposure to multiple functions and products in investment banking
    First-hand experience of working in/with a market building programme
    Familiarity with major African players in the field of impact investing
    Experience of working in a multi-cultural environment
    Languages: French, local African languages

  • Communications Manager

    Communications Manager

    Job description
    Who we need:
    We’re looking for a self-driven individual with a strong and relevant professional background for this position. The right individual will bring innovation and creativity to the role, while providing practical advice to FSD’s team in executing the communications strategy. You will be responsible for all aspects of FSD’s communication effort. As part of a small team we’re looking for someone who is prepared to roll up their sleeves to get the job done, whether it is directly representing FSD on radio and TV news programmes, producing relevant content for newspapers or managing our electronic communication channels.
    At a minimum you will have:

    Qualification in social sciences, journalism or related field (preferably at master’s level).
    Experience in spearheading communication strategies and campaigns in or around the Kenyan context.
    Demonstrated high level of personal achievement and effectiveness.
    Outstanding communication skills including excellent spoken English
    Excellent writing and editing skills (evidenced by a portfolio of quality written products in a variety of forms).

  • Project Manager, Trade Facilitation

    Project Manager, Trade Facilitation

    Job description

    FSD Kenya supports the expansion of inclusive financial markets in Kenya working with partners across the financial system. Our strategy focuses on creating greater real value through inclusion.   We see this happening through improving the quality of the solutions provided directly to poorer households and enhancing finance for the economies which shape lower-income people’s livelihoods.
    With the support of the Swedish International Development Agency (SIDA), FSD Kenya is initiating a new Trade facilitation project as part of a Public-Private Development Partnership with local consortium partners. A project manager is being recruited to help lead this work.
    Who we need:
    We are looking for a motivated, team-orientated development professional with significant experience in facilitating trade within the private sector. The role provides an excellent opportunity to work on both the technical and operational aspects of trade facilitation.
    At a minimum the Project manager will have:

    A relevant qualification (minimum bachelor’s degree or equivalent)
    Relevant expertise in trade facilitation (e.g. value chains, platforms, export promotion, innovation, etc.)
    Experience working in the development field (preferably with a market development lens
    First class writing and communication skills

    Detailed terms of reference for this position can be downloaded from our website, www.fsdkenya.org  (Opportunities section).

  • Investment Analyst – Devcap Gender Specialist

    Investment Analyst – Devcap Gender Specialist

    Job description
    The role
    Reporting to the Investment Manager (IM), the Investment Analyst (IA) will have a supportive role throughout the investment cycle for DevCap. This will include gathering market intelligence and producing related analytical reports and presentations; working on financial models and investment analysis; coordinating meetings and engagement with the various stakeholders; producing meeting minutes and ensuring follow-up; and providing input into the investment papers and portfolio reports.
    Background and qualifications:

    A good quality Bachelors degree from a recognised university or equivalent
    Some practical work experience a plus
    First class skills in written and spoken English, in report writing and presentation production
    Creative thinker with a passion for economic and social development through private sector investment.

    FSD Africa is an equal opportunity employer.

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