Zone01 Kisumu is a leading tech and innovation hub that aims to foster talent development in the technology space across Kenya. We focus on equipping youth with digital skills to thrive in local and international markets. With partnerships spanning government, tech giants, and international organizations, Zone01 Kisumu provides a dynamic environment that supports entrepreneurship, digital literacy, and sustainable economic development.
We are seeking an experienced and highly motivated Financial Manager to oversee the financial health and sustainability of Zone01 Kisumu. The successful candidate will play a pivotal role in budgeting, financial reporting, and ensuring compliance with both internal and donor financial requirements.
Responsibilities:
1. Financial Planning andBudgeting:
– Develop, manage, and monitor the organization’s annual budget in collaboration with the Executive Director.
– Provide financial forecasts, budget adjustments, and scenario analysis to guide management in decision-making.
– Work closely with project managers to prepare and control project budgets and ensure timely allocation of resources.
2. Financial Reporting:
– Prepare monthly, quarterly, and annual financial reports for internal stakeholders and external partners, including donors and government agencies.
– Ensure timely submission of all financial reports in accordance with donor agreements and compliance regulations.
– Provide in-depth financial analysis to senior management and the board to support strategic planning.
3. Accounting and Compliance:
– Oversee day-to-day financial operations, including accounting, payroll, and expense management.
– Ensure accurate and timely recording of all financial transactions in line with accounting standards.
– Implement internal controls and financial policies to maintain transparency and accountability.
– Ensure compliance with relevant laws, tax regulations, and reporting requirements.
4. Grant Management and Fundraising Support:
– Work closely with the fundraising team to manage grants and donor funds.
– Develop financial proposals for grant applications and assist with budget realignments for existing grants.
– Monitor grant disbursements and ensure expenditures align with donor requirements and project goals.
5. Audits and Risk Management:
– Coordinate and lead annual audits with external auditors, ensuring all financial records are audit-ready.
– Identify and mitigate financial risks, providing recommendations to management for improvement.
– Manage financial aspects of contracts and agreements with service providers, ensuring value for money.
6. Procurement & Asset Management:
– Oversee procurement processes, ensuring financial integrity and competitive pricing.
– Manage Zone01 Kisumu’s fixed assets, including tracking, depreciation, and reporting.
Requirements:
Qualifications and Experience:
– Bachelor’s degree in Finance, Accounting, Economics, or a related field; Master’s degree or relevant certifications (CPA, ACCA, etc.) preferred.
– At least 5 years of experience in financial management, ideally in a non-profit, tech, or educational institution.
– Proven track record in managing budgets, financial reporting, and compliance in donor-funded projects.
– Strong knowledge of Kenyan tax laws, accounting standards, and financial reporting requirements.
– Experience in grant management, financial proposal development, and working with international donors.
– Proficiency in financial management software such as QuickBooks, Xero, or similar accounting platforms.
Skills and Competencies:
– Excellent analytical and problem-solving skills.
– Strong leadership skills with the ability to manage teams and work collaboratively.
– High attention to detail and commitment to financial integrity.
– Strong communication skills with the ability to present financial data to both technical and non-technical stakeholders.
– Ability to work under pressure, manage multiple priorities, and meet deadlines.
Benefits:
Opportunity to work in a mission-driven organization dedicated to transforming lives through technology and innovation.
Be part of a vibrant and diverse team with access to global networks and partnerships.
Competitive salary package and benefits.
Professional growth opportunities and the ability to shape the financial strategies of an impactful initiative.
How to apply:
Interested candidates should send their CV, cover letter, and a list of three professional references to [email protected] by 30th November 2024. In your cover letter, please highlight your relevant experience and why you are a good fit for this role.
Zone01 Kisumu is an equal-opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
