Chief Financial Officer

1 month ago

Nairobi, Nairobi Area, Kenya Corporate Staffing Services Full time

Job Highlights:

As our Chief Financial Officer (CFO), you will be a member of the leadership team responsible for WRI's global operations and act as the financial conscience of the organization. Your role is integral to the efficiency, and effectiveness and excellence of our operations around the world. You will be responsible for WRI's financial management strategy and oversee the development and implementation of global financial systems, policies, and procedures to enable impact throughout our global network. Your main areas of responsibility include Accounting, Finance, Grants and Contracts, compliance, project management, institutional strategy, business planning, and metrics to manage organizational performance. We have begun the transition from disparate systems (including Costpoint and TM1) to Workday as our Enterprise Resource Planning (ERP) platform. You will partner with colleagues to help lead this transition.

In this role, you will support WRI's Global Board of Directors in fulfilling their fiduciary responsibilities and serve as Treasurer. You will report to the Managing Director for Global Delivery and sit in the Global Executive Team led by the President/CEO.

You will play a pivotal role in identifying strategic and urgent resource needs across the global network and ways to support them financially and operationally. As the CFO, you will provide decision support and be an advisor to the Global Executive Team, assisting them to evaluate financial plans and models, donor engagement and meeting their fiscal/fiduciary and operational responsibilities for the organization. As well as acting as Treasurer to the Global Board of Directors, you will lead engagement with the Finance & Investment, and Audit & Risk Committees of the Board. You will be responsible for managing WRI's endowment and financial reserves. You will work closely with the Managing Director, the Chief People Officer, Global Director for Operations and the Executive Vice President for Governance and Development to strengthen organizational infrastructure, streamline systems, and achieve tighter operational integration and efficiencies across our global network.

Creativity and leadership will be crucial to effectively refine our cost structure, make wise investments, and build a stronger WRI that can deliver impact at the scale needed for this crucial decade.

What will you do:

  • Strategic and Operational Leadership

  • As a true business partner to the CEO and Global Executive Team, assess organizational performance against both the annual budget and WRI's long-term strategy. Develop tools and systems to provide critical financial and operational information to WRI's leadership and make actionable recommendations on strategy, operations, and policy matters.

  • Serve as the management liaison to the Finance & Investment and Audit & Risk Committees; effectively communicate and present critical financial and operational risks/matters at Board of Directors and committee meetings.

  • Provide leadership on the alignment of WRI's endowment with a 1.5 degree C pathway and ESG investment principles, including managing an Outsourced Chief Investment Officer that oversees the endowment's investment portfolio.

  • Contribute to the development of WRI's strategic goals and objectives as well as the overall management of the organization.

  • Maintain continuous lines of communication, keeping the Managing Director and CEO informed of all critical issues.

  • Represent the organization externally, as necessary, particularly in banking, lease arrangements, and donor requirement negotiations.

  • Team Development

  • Oversee, direct, and organize the work of the finance, accounting, project management, grants and contracts, teams.

  • Promote a culture of high performance and continuous improvement that values learning and a commitment to quality.

  • Ensure staff members receive timely and appropriate training and development.

  • Mentor and develop staff using a supportive and collaborative approach: assign accountabilities; set objectives; establish priorities, and monitor and evaluate results.

  • Operational Excellence - Financial Planning, Analysis, and Modelling

  • Lead annual budgeting and planning process including all financial plans and budgets; monitor progress and changes and keep the Global Executive Team abreast of the organization's financial trends and status.

  • Lead quarterly financial and performance reviews with Programs/Centers and Country Offices.

  • Upgrade and implement appropriate systems, policies, internal controls, accounting standards, and procedures such that all offices are seen as low risk by donors.

  • Serve as a strong voice in risk assessment on project funding, allocations, and ability to meet goals/outcomes given financial health throughout the project life cycle.

  • Conduct periodic internal reviews of policies, procedures, and systems, comparing with best practices across peer organisations.

  • Plan, coordinate, and execute the annual budget process and NICRA (negotiated indirect cost rate agreement) negotiation.

  • Oversee management of programs and overhead costs/indirect rates to ensure full financial recovery and achieve efficiencies.

  • Provide analytical and decision support to WRI's leadership including development of internal management reporting capabilities in partnership with WRI's Managing for Results team.

  • Improve administrative/operational and financial services such as treasury management, benefits (403-B plan, medical, other insurances, etc.), grants and contracts and payment processing, payroll, accounts payable, purchasing, systems.

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