Finance Manager

5 days ago

Nairobi, Nairobi Area, Kenya Stratostaff East Africa Full time $60,000 - $90,000 per year
PROFILE INTRODUCTION:

Our client is a mission-driven non-profit organization based in Nairobi, focused on advancing dignified living conditions for urban poor communities across Kenya. Working closely with grassroots movements and international partners, the organization empowers communities through inclusive planning, housing, and advocacy.

To support its continued growth and impact, the organization is seeking a highly competent Finance Manager to lead its financial operations, compliance, and strategic planning. The ideal candidate will bring a blend of financial expertise, strategic foresight, and commitment to accountability in a non-profit, donor-funded environment.

DUTIES AND RESPONSIBILITIES:

1. Financial Management & Reporting

  • Prepare timely and accurate financial reports for internal and external stakeholders.
  • Oversee the maintenance of effective accounting systems in compliance with IFRS, Kenyan law, and donor requirements.
  • Lead monthly and annual closings, including general ledger and reconciliations.
  • Coordinate statutory and donor audits with external auditors.

2. Budgeting & Financial Planning

  • Lead the development of organizational and project-specific budgets.
  • Track expenditures against budgets, analyzing variances and recommending adjustments.
  • Provide financial forecasts and advise leadership on risks and sustainability strategies.
  • Support cost optimization across programs and departments.

3. Grants Management & Donor Compliance

  • Ensure donor funds are tracked, utilized, and reported in line with agreements.
  • Prepare financial reports in donor-specified formats and timelines.
  • Collaborate with program teams to ensure financial alignment with grant deliverables.
  • Support financial due diligence processes for existing and prospective funders.

4. Compliance & Risk Management

  • Ensure timely filing and payment of statutory obligations (PAYE, VAT, NHIF, etc.).
  • Monitor changes in local regulations affecting financial operations.
  • Maintain robust internal controls and proactively mitigate financial risks.
  • Liaise with regulatory bodies, banks, and external stakeholders.

5. Accounting & Treasury Oversight

  • Manage daily accounting functions, including cash flow, payroll, receivables, and payables.
  • Oversee banking relationships and ensure sufficient liquidity for operations.
  • Maintain and optimize accounting software and systems for efficiency.

6. Team Leadership & Capacity Building

  • Supervise and mentor the finance team to foster high standards of performance.
  • Enhance financial literacy among non-finance staff through regular training.
  • Promote a culture of transparency, accountability, and fiscal discipline.

7. Organizational Support

  • Collaborate with other departments on procurement, grants, and partner financial oversight.
  • ​Execute any other finance-related tasks assigned by the Executive Director.
KEY COMPETENCIES:
  • Financial Acumen
  • Strategic Orientation
  • Risk Management & Regulatory Compliance
  • Relationship & Stakeholder Management
  • Team Leadership & Ethical Conduct


Requirements
  • Bachelor's degree in Finance, Accounting, or a related field (Master's degree is a plus)
  • CPA (K), ACCA, or equivalent certification (mandatory)
  • ​At least 7 years of progressive experience in finance, including 3 years in a senior role within a donor-funded NGO
  • Solid grasp of Kenyan tax laws and statutory compliance
  • Proficiency in accounting systems (e.g., QuickBooks) and Microsoft Excel
  • Demonstrated leadership in managing teams and financial systems

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