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Dec 4, 2017

AECF Finance Officer

Ref. No. AECF/FO/2017/055
Job Title: Finance Officer
Location: Nairobi, Kenya
Reports to: Finance Manager
Start Date: January 2018
The Africa Enterprise Challenge Fund (AECF) is a US$ 304 million private sector challenge fund that provides catalytic funding to enterprises in 24 countries in Sub-Saharan Africa. 

The fund supports innovative commercial businesses in the agribusiness, renewable energy and adaptation to climate change technology sectors with the aim of reducing rural poverty, promoting resilient rural communities and creating jobs through private sector development. 

We invest in businesses that are seen as “risky” and that struggle to meet traditional risk-return standards for commercial investors and which offer significant impact on poverty alleviation by creating jobs and sustainable incomes.
Position Overview: The Finance Officer, as part of the AECF finance team will be expected to work flexibly and collegially in offering support to the Finance Manager and other internal stakeholders in the financial management system of the AECF. 

They will have the responsibility of providing timely and efficient accounting and financial support service to the AECF through ensuring accuracy and completeness in the payment processes, data management and reporting as well as maintaining high financial management and control standards.
Key Responsibility Areas;
Work requirements and responsibilities will be guided by the Finance Department’s Policies and Standard Operating Procedures (SOP) which are reviewed periodically but will fall broadly in the following Key Responsibility Areas;
  • Timely and accurate preparation of management and financial reports, audit and tax returns and various donor reports;
  • Assist the finance manager with financial planning, including preparation of budgets, cash flow forecasts and implementing appropriate budgetary controls;
  • Reviewing and ensuring that all payments support documentation are in line with the laid down policies and procedures before processing of payments are made;
  • Periodically reviewing the balance sheet accounts and ensuring they are kept current and can be easily identified and reconciled;
  • Ensuring that the finance system’s accounting routine actions are adequately handled and any issues of concern brought to the attention of the Finance Manager for action;
  • Monitoring bank accounts and ensuring adequate liquidity is maintained each month and avoiding risks of negative cash balance;
  • Design financial analysis tools that can generate financial information for decision making based on the Accounting database;
  • Capacity building for finance and non-finance staff in understanding AECF’s financial policies, processes and procedures and the donor and statutory regulations;
  • Support in the preparation, organization and conduct of AECF institutional and project audits;
  • Management of the AECF accounting filing system.
Required qualifications and experience:
  • Bachelor’s degree in Business Administration with a major in Finance and Accounting;
  • Recognized professional Accounting qualification such as CPA and ACCA;
  • A Master’s degree in a relevant field such as finance, economics and strategic management is an added advantage;
  • Minimum of five (5) years’ experience in general accounting and financial management;
  • Computer proficiency and familiarity with a range of software applications including MS Excel, MS Word, and accounting packages;
  • Proficient in Microsoft NAV dynamics software.
How to Apply

If you believe you can clearly demonstrate your abilities to meet the relevant criteria for the role, please submit your application quoting the Job Title and Reference Number on your application letter, and attach a detailed CV, stating your current position, current and expected remuneration, e-mail and telephone contacts.To be considered, your application must be received by Friday 15th December 2017 addressed to: [email protected]

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