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Finance and Commercial Manager Needed At Education Development Trust

Location

Nairobi, Kenya

Advertising Salary:

Competitive

Careers Site Advertising End Date

21 Jul 2024

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About the role

Education Development Trust is seeking a passionate Finance & Commercial Manager who will oversee financial management and reporting activities for EDT Kenya country office and projects. 

You will provide financial and commercial advice to the Research and Consultancy (R&C) team, which provides technical expertise to clients through short-term consultancy assignments across the globe. 

You will also act as a business partner for the Kenya country projects and the R&C consultancy opportunities, offering sound financial and commercial advice, support, analysis and insights for both existing contracts and imminent opportunities.

You will manage internal and external financial reporting for EDT Kenya projects and R&C contracts. 

Job Objectives: please review the attached Job Description for an exhaustive list 

  1. Manage day-to-day accounting operations including accounting controls.
  2. Manage EDT Kenya budget and monitor budget performance against targets, producing monthly variances, forecasts and outlooks.
  3. Identify, evaluate and report financial risks and issues including mitigating actions, driving a culture of zero tolerance to corruption and financial malfeasance
  4. Manage project financial operations including project budgeting, forecasting, reconciliations and reporting. 
  5. Act as the primary finance contact person with clients and stakeholders for all Kenya based projects.
  6. Respond to, develop and implement financial plans and analysis in line with organisation strategies, plans and tactics. Provide financial analysis and insights into performance and forward-looking scenarios.
  7. Ensure compliance with financial regulations and laws, including IFRS/GAAP, tax, and banking regulations.
  8. Manage local level treasury including bank and cash administration, cashflow forecasting and reporting.
  9. Develop, review and oversee financial policies, tools, systems and control environment for Kenya office and projects. Drive control and system improvements to improve performance and compliance efficiencies.
  10. Consult and review new opportunities with a commercial lens. Review opportunity budgeting/scenarios with budget holders, providing point of contact for commercial, risk and budgeting processes.
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Person Specification:

  1. Strong foundation in preparing detailed Budgets and Management Accounts for similar projects and experience investigating variances and dealing with queries.
  2. Degree in Accounting, Financial Analysis, Business Management or any relevant field would be an added advantage.
  3. Proven experience setting up reporting for new projects through to project close down.
  4. Ability to model financial and operational data for decision making
  5. Experience leading commercial/financial inputs on bids

Closing Date: 21st July 2024

Please note, we will be reviewing applications on an ongoing basis and reserve the right to close our vacancies early.

About the organisation

At Education Development Trust, we improve school systems at scale and provide empowering employability and careers services to young people and adults.

We own and manage a portfolio of schools and, as a not-for-profit, we invest annually in our programme of education research that informs policy making around the world as well as our own work.

What we do affects how teachers teach, leaders lead and students learn and we help to improve the life chances for all.

Education Development Trust has a regional hub based in Nairobi which provides operational and back office support to several projects delivered in the region and globally.  Currently the region is implementing high value projects in Sierra Leone, Zimbabwe, Rwanda and growing.

The position will be based in Kenya, with some travel. You MUST have the right to work in Kenya. 

For further application details kindly download the attached Job Description

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