Finance Manager Career Jobs – Educate!
Organisation: Educate!
Duty Station: Kampala, Uganda
About US:
Educate! prepares youth in Africa with the skills to succeed in today’s economy. We tackle youth unemployment by partnering with schools and governments to reform what schools teach and how they teach it, so that students in Africa have the skills to attain further education, overcome gender inequities, start businesses, get jobs and drive development in their communities. Our model is delivered through practically-trained teachers and youth mentors. Educate!’s goal is to make this practical, skills-based model part of national education systems.
Job Summary: The Finance Manager will directly supervise the Finance Coordinator and Finance Officer and report to Educate! Country Director. You will be the finance lead in the organisation ensuring the implementation of accounting and financial management functions, design and co-ordinate the implementation of sound accounting and financial management and control systems and procedures for all operational and administrative areas and facilitate the maintenance of accurate and up to date financial and accounting records for the effective and smooth running of all business operations under fast-changing and complex circumstances.
Key Duties and Responsibilities:
Financial Management & Oversight (30%)
- Provide leadership, and financial insights to the finance and accounting areas of the organization, proposing and implementing improvements in operational management processes to increase efficiency.
- Maintain control of the following areas: general ledger, accounts payable, expense reports, and payroll.
- Ensure full compliance with Uganda Revenue Authority, NGO Board and returns requirements and be the key contact with bank support personnel and Tax Advisors
- Ensure accurate and timely financial reporting for decision making and overall responsibility for maintenance of internal control systems
- Collaborate with other contracted finance support teams, and lead finance functions, especially with the budget owners/manager/ Operations team.
- Periodic meetings with the Regional Finance team (Managing Director and CFO) for all Educate! accounting needs and deliverables. Prepare a variety of ad hoc financial scenarios as requested.
Financial Reporting(30%)
- Ensure the monthly budget balances report is up to date and shared with budget holders. Minimize the number of errors from the team reports through constant feedback.
- Confirm expense codes on all requests as they are received, correct where necessary through the budget manager.
- Prepare, analyze, and submit accurate monthly financial and management reports, including; income statement, balance sheet, budget and variance, projections and forecast, and cash flow. Reporting as needed to the regional finance team on Educate! financials
- Coordinate the preparation of the audited financial statements and all tax returns
Financial Control & Accounting(20%)
- Observe and implement all Educate! accounting systems, payments, bookkeeping, statutory filing, revenue management, and improvement of payment systems
- Ensure that all financial transactions are processed accurately, in a timely manner, in accordance with generally accepted accounting principles through the Quickbooks system, identifying and correcting any variances.
- Develop, implement, and maintain processes and controls that are current best practices related to transaction processing.
- Manage, oversee, and process all of the following transactions: payroll, accounts payable, revenue and expense, fixed assets, cash, bank reconciliations, and allocations.
- Perform month-end closing procedures, including account reconciliations, and updating schedules.
Budget Management (20%)
- Support budget managers to prepare periodic budgets and provide clarity where needed.
- Ensure budgets are entered into the accounting system.
- Share monthly and quarterly BVA reports with budget holders for ease of planning.
- Monitor the budget memos and update the approved budgets and Quickbooks with the Budget Memos where needed
- Offer periodic training or refresher training to the teams aimed at improving financial management, discipline and accountability as stipulated in our policies and procedures.
Qualifications, Skills and Experience:
- in Finance, Accounting or Business Administration or Commerce with CPA or ACCA Level II with proficiency in Ms Excel and Quickbooks.
- Finance & Accounting experience working in a non-profit environment.
- At least seven years of experience in finance and accounting auditing, and financial analysis (including gathering, evaluating, presenting, and reporting financial information to management and external stakeholders). You should also have at least 3 years of managerial experience leading finance teams and cross-function collaborations.
- Proven experience handling $1+ Million annual budgets.
- Solid experience in coordinating audit activities and managing reporting, budget development and analysis, accounts payable and receivable, general ledger, payroll, and accounting.
- Entrepreneurial drive, proven ability to take ownership, lead the team’s combined learning and a collaborative, data-oriented approach to problem-solving.
- Fits our Five Cultural Tenets. Learn more by looking at Educate!’s culture deck here.
How to Apply:
All suitably qualified and interested applicants should apply online at the link below.
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