Exciting Career Opportunity

Join BRAC International and be part of a global movement dedicated to eradicating extreme poverty. We are looking for a motivated national professional to join our Africa Regional Office in Nairobi, Kenya. This role is critical in overseeing and managing daily operations, ensuring the efficiency and productivity of our office, and contributing to our organizational mission.

We're seeking a dedicated and detailed oriented Finance Officer to join our Finance Team. In this role , you will be instrumental in managing and enhancing financial systems of our Microfinance entity BRAC International Holdings B.V (BIHBV). You will play a crucial role in improving and maintaining systems while following BRAC policies and procedures to minimize financial risk. The officer will be responsible for financial reporting and analysis as well as supporting budgeting, cash flow management, donor reporting and overall finance processes.

The Finance Officer will require close collaboration with a wider finance and operations team and requires an adaptive and agile individual who is decisive, proactive, and capable of working independently while building an inclusive and collaborative culture.

The ideal candidate is detail-oriented, passionate about finance operations and understanding of financial management systems.

If you're passionate about making an impact, apply today and join us in contributing to our mission.

About BRAC

BRAC is an international development organization founded in Bangladesh in 1972 that partners with over 100 million people living with inequality and poverty globally to create sustainable opportunities to realize potential. BRAC’s community-led, holistic approach is reflected in its unique integrated development model, which brings together social development, social enterprises and humanitarian response for lasting, systemic change. BRAC first expanded its operations outside of Bangladesh in 2002 and now operates in sixteen countries in Asia and Africa. Stichting BRAC International, a non-profit foundation formed in the Netherlands in 2009, governs all BRAC’s entities outside Bangladesh with an objective to engage in charitable and social welfare activities in any country of the world.

The Africa Regional Office was set up in 2019 in Nairobi, Kenya as the hub which oversees programmatic operations of BRAC International in Uganda, Tanzania, Rwanda, Liberia, South Sudan, and Sierra Leone

Key Responsibilities:

Financial Reporting and Analysis:

●     Prepare BIHBV Kenya financial deliverables including financial reports and budgets.

●     Coordinate and actively participate in monthly and quarterly meetings with BIHBV to review unit financial status for appropriate management actions. Update financial information and management assistance needs identified through these reviews.

●     Ensure that all financial records, reports and statements are prepared and submitted on a timely basis.

●     Review financial documents to ensure accurate coding of expenses in the system.

●     Prepare quarterly cash requests for review and submission in a timely manner.

●     Ensuring payment documents are properly supported and duly approved during posting with adherence to the cost allocation policy.

●     Streamlining financial document storage for efficient retrieval and maintaining strict adherence to internal controls and audit recommendations.

●     Preparation of bank reconciliations.

●     Processing of staff travel advances and following up to ensure they are liquidated on a timely manner as per the policy.

●     Efficient management of day-to-day finance operations, including petty cash management, vendor payments, and documents review.

●     Promoting productive discussions with different BIHBV unit leads to discuss expenditures and action plans for any deviations

●     Conducts regular cash flow analyses to ensure availability of funds and the accurate maintenance of bank balances.

●     Managing and monitoring BIHBV Kenya’s bank accounts by acting as an agent to the organization’s bank accounts, assisting in opening of new bank accounts and ensuring that any changes are updated in a timely manner.

●     Any other duty as may be assigned by the Finance Manager.

●     Ensuring precision in entering data into the ERP system and consistently performing monthly, quarterly, and annual reconciliations for quality reports.

●     Preparing and submitting timely AIM reports for review and ensuring compliance with the donor requirements.

●     Asset verification and depreciation

●     Audit support – Internal and external

Systems and Accounting:

●     Functional responsibility for all accounting, including accounts payable, accounts receivable, and payroll, ensuring compliance with appropriate GAAP standards and Kenyan statutory laws and regulations

●     Maintain financial accounting systems for cash management, general ledger, accounts payable, accounts receivable, payroll and petty cash

●     Ensure confidentiality of personnel and financial information.

●     Manage cash flow and prepare cash forecasts

●     Timely processing of payroll and statutory payments.

●     Review travel related expense reports ensuring they are prepared correctly according to relevant finance procedures.

●     Review all Purchase Orders to ensure proper coding and that all information therein is correct as per BRAC Procurement manual.

●     Maintain copies of all purchase orders issued for review by authorized parties.

Others (Safeguarding)

●     Read, understand, practice, promote and endorse the issues of safeguarding policy among team members and ensure the implementation of safeguarding standards in every course of action

●     Practice, promote and endorse the issues of safeguarding policy among team members and ensure the implementation of safeguarding standards in every course of action.

●     Follow the safeguarding reporting procedure in case any reportable incident takes place, encourage others to do so.

●     Bachelor’s Degree in Finance, Accounting or Business Administration with professional qualification (e.g. CPA K, ACCA) is a plus

●     At least three years of post-qualification professional experience in audit, financial analysis, and management with financial services, NGO and other development organizations.

●     Project budget management experience and accounting familiarity.

●     Extensive knowledge and experience in the International and Local donor funding environment, including financial reporting, trends and procedures.

●     Demonstrated experience with complex budgets and forecasts and monthly monitoring and preparation of budget variance analysis.

●     Good knowledge of accounting principles and procedures including IFRS and IASs.
Demonstrable experience with preparing financial statements and management reports.

●     Proficiency in Excel, Word and PowerPoint Advanced spreadsheet skills required. Familiarity with accounting or business information systems software.

●     Proven ability to assess priorities, handle a variety of activities in a time-sensitive environment, and meet competing deadlines with great attention to detail and quality.

●     Independently motivated with excellent interpersonal skills.

●     Flexibility and ability to work collaboratively as part of a team.

BRAC is committed to safeguarding children, young people and vulnerable adults, and expects all employees and volunteers to share the same commitment. We believe every stakeholder and every member of the communities we work with has the right to be protected from all forms of harm, abuse, neglect, harassment, and exploitation - regardless of age, race, religion, and gender, status as an individual with a disability or ethnic origin. Therefore, our recruitment process includes extensive reference and background checks, self-disclosure of prior issues regarding sexual or other misconduct and criminal records and our values are a part of our Performance Management System.