Jobs

Current Openings at Africa Enterprise Challenge Fund (AECF)

  • Contents
  • Open Jobs
    1. Finance Officer
    2. Operations Assistant
    3. Business Analyst
    4. Program Administration Assistant
    5. Program Operations Assistant
  • Method of Application

Current Openings at Africa Enterprise Challenge Fund (AECF)

Finance Officer

  • Job Type Full Time
  • Qualification BA/BSc/HND
  • Experience 5 years
  • Location Nairobi
  • Job Field Finance / Accounting / Audit&nbsp

The finance officer will be part of the core finance team at AECF, which is responsible for overall financial management. The incumbent will serve as the finance liaison to AECF’s donors and will represent AECF at any donor and program partner meetings and ensure consolidation of the periodic award budgets, financial reports, strong tracking of program expenditures, continual analysis of program cash flow, ensuring compliance with AECF’s and donor policies.

The role holder will also have responsibility over the program’s general ledger monthly review, ensuring ledger data is up to date and accurate to assist in the preparation of financial reports to management, donors, and the board.

This role will report to the Senior Finance Officer.

Key Responsibilities

  • Assist with financial planning, including preparation of project budgets, project cash flow forecasts, and implementation of appropriate budgetary controls.
  • Producing monthly actual vs budget (variance) reports for programs and participating in quarterly meetings with portfolio teams to review the reports.
  • Ensure timely processing of program financial and accounting data, confirming such data is in accordance with the laid down procedures and policies, accurate, complete, adequately supported by all underlying appropriate documents, correctly assigned to appropriate expenses and project budget lines, and donor conditions.
  • Monthly review of project ledger, ensuring accuracy of postings and alignment to program design and budgets.
  • Prepare bank reconciliation statements for select bank accounts on a monthly basis.
  • Maintain primary relationship and correspond with donors on all requests relating to budgets and donor financial reports.
  • Tracking of cost share for programs that require a contribution.
  • Assist in external audit coordination of the project, including preparation of relevant audit schedules, as may be assigned.
  • Preparation of project financial reports in an accurate and timely manner, in line with program reporting templates, donor, and AECF policies.
  • Review and approve travel advance requests and surrenders as per policy.
  • Support for proposal budgets.

Suitable candidates should:

  • Have a bachelor’s degree in economics, statistics, commerce, or finance from a recognized university.
  • Have professional qualifications in finance (CPA, ACCA) ora related field.
  • Be a member of a professional body.
  • Haveat least five (5) years of experience managing the finances of >$20 million international non-profit organization with a mix of funding sources, preferably bilateral donors.
  • Have working experience with FCDO, GAC, Kfw, IFC, EU, World Bank, and SIDA.
  • Experience working in an ERP environment.
  • Have strong proficiency in advanced Excel features.
  • Be fluent in English. Proficiency in additional languages such as French is preferred

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Method of Application

The Business Analyst will be responsible for the sector’s performance. This includes providing performance and decision-making support for the Agribusiness sector against the set targets and KPIs per the approved program plan for the year.

The role-holder will develop and maintain the sector’s reporting to ensure the achievement of annual performance targets. They will build dashboards and reports at the program level that will facilitate thorough analysis of outcomes to better understand how well we meet our strategic objectives.

The incumbent will guide budget spending and cost monitoring for the different programs and ensure adherence to donor requirements.

The role will report to the Associate Director – Agribusiness.

Key Responsibilities

Strategic:

  • Support the Associate Director in program implementation, including developing sector insight to support execution and business envelopment.
  • Consolidating and ensuring delivery of the weekly program management dashboard report for the Agriculture Sector.
  • Support and review all investment memos and ensure compliance with AECF investment policies and donor requirements.
  • Identify key impact realization risks inherent at the program level and work with relevant program teams to correct courses.
  • Development of Strategic reviews- Operational review board meeting reports.

Operational:

  • Issue weekly and monthly performance reports against targets across all program KPIs, review activity outcomes, and highlight what is required to deliver against lagging KPIs.
  • Carry out monthly performance stress-testing of planned disbursements and portfolio construction targets, identifying gaps that need to be fixed. Implement strategies/initiatives to plug these gaps.
  • Ensure all audit issues raised that affect program performance have been effected and measures put in place to prevent their re-occurrence.
  • Prepare inputs for presentations required for the sector at various forums, management forums, donor reports, etc.
  • Operate in a manner that is quick to solve and agile, particularly in response to ad hoc requests and requirements.

Suitable candidates should:

  • Possess a bachelor’s degree in finance/accounting/economics or a business-related field.
  • Possess professional qualification in CPA/ACCA or Agriculture Value chain analysis.
  • Have at least five(5) years of experience in a commercial role and agriculture sector.
  • Have a high degree in analytical skills, good knowledge of value chain analysis, process and detail orientation.
  • Have good communication and influencing skills and be a team player.
  • Be able to work with change and have the ability to set Targets and Monitor performance

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