Finance Manager at AfriLabs

Position Overview: 

• We are seeking a highly skilled and motivated Senior Finance Manager to join our team at AfriLabs.
• The Finance Manager will be a key member of our leadership team, responsible for overseeing the financial operations, strategic financial planning, and reporting activities of our organisation.
• The ideal candidate should possess strong financial acumen, exceptional leadership skills, and a deep understanding of the unique financial landscape in which we operate.

Responsibilities:

• Financial Strategy and Planning: Develop and implement financial strategies aligned with AfriLabs’ overall goals and mission. Provide insights and recommendations to the executive team for informed decision-making.
• Budgeting and Forecasting: Lead the budgeting process and collaborate with department heads to develop accurate and achievable budgets. Monitor financial performance and variances, adjusting forecasts as needed.
• Financial Reporting: Prepare regular and ad-hoc financial reports for the Board of Directors, and internal and external stakeholders. Present financial data and analysis in a clear and concise manner.
• Financial Operations: Oversee day-to-day financial operations, including accounts payable, accounts receivable, payroll, and general ledger activities. Ensure accuracy and compliance with financial regulations and policies.
• Cash Flow Management: Manage cash flow to ensure the organisation’s financial stability and liquidity. Develop strategies to optimise cash utilisation and investments.
• Audit and Compliance: Coordinate external audits and ensure timely and accurate completion. Ensure compliance with regulatory requirements and financial reporting standards.
• Financial Controls: Establish and maintain strong internal controls to safeguard assets and maintain the integrity of financial transactions.
• Team Leadership: Provide leadership, guidance, and mentorship to the finance team. Foster a collaborative and high-performing finance department.
• Financial Analysis: Conduct financial analysis, evaluate financial performance, and identify areas for improvement. Make strategic recommendations based on analysis outcomes.
• Stakeholder Engagement: Collaborate with key stakeholders, including donors, partners, and members, to manage financial relationships, reporting requirements, and funding agreements.
• Risk Management: Identify and mitigate financial risks through proactive risk assessment and implementation of risk management strategies.

Required Skills, Qualifications & Abilities: 

• Bachelor’s degree in Finance, Accounting, or related field; Master’s degree or professional finance qualification preferred.
• ACCA is a MUST
• Proven experience (8+ years) in financial management, with at least 3 years in a senior management role.
• In-depth knowledge of financial regulations, accounting principles, and reporting standards.
• Strong analytical skills and the ability to interpret financial data for strategic decision-making.
• Excellent leadership and interpersonal skills, with the ability to effectively communicate complex financial information to non-financial stakeholders.
• Experience in grant management and understanding of donor reporting requirements.
• Proficiency in financial software and tools, including ERP systems and Google Suite.
• Exceptional attention to detail and accuracy.
• Ability to work in a dynamic and multicultural environment.