Responsibilities:
Financial Planning and Budgeting:
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.
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.
?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.
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.
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.
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.