Education Development Trust Regional Finance and Commercial Specialist Job in Nairobi, Kenya

Education Development Trust

Regional Finance and Commercial Specialist

Location: Nairobi

Salary Details: Salary Circa Kes 250,000 per month plus benefits

About the organisation: Education Development Trust, formerly CfBT Education Trust, is a not-for profit international education services company with over 50 years’ experience, working in more than 80 countries that specializes in primary and secondary education.

Our vision is to provide outstanding, sustainable education solutions that transform and improve the school education and life chances of children and young people worldwide. We have specialist experience in strengthening education systems and supporting school improvement in post-conflict, transition and early-recovery fragile states.

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. Currently the region is implementing high value projects in Kenya, Rwanda and Ethiopia, and growing. The post holder will be a member of the regional team and expected to adopt a “hands on” approach within the function.

About the role: The Regional Finance and Commercial Specialist will provide effective financial management support to the country finance teams responsible for managing finances for Education Development Trust’s Sub Saharan Africa (SSA) programmes and projects.

The job holder will provide analytical and specialist skills in the region’s finance and commercial activities, and specifically with responsibility for ensuring integrity of the financial reports, financial systems, financial controls, budget and forecasts, and commercials in bid development.

The job holder will also be champion for the Trust’s financial policies, standards and procedures, supporting and mentoring staff and colleagues to ensure a thorough and complete understanding is maintained.

Job title: Regional Finance and Commercial Specialist

Group: International, SSA

Dept / Service: Finance

Reports to: Head of Finance-SSA

Responsible for: None

Usual office base: Nairobi, Kenya

Job purpose: The Regional Finance and Commercial Specialist will provide effective financial management support to the country finance teams responsible for managing finances for Education Development Trust’s Sub Saharan Africa (SSA) programmes and projects.

The job holder will provide analytical and specialist skills in the region’s finance and commercial activities, and specifically with responsibility for ensuring integrity of the financial reports, financial systems, financial controls, budget and forecasts, and commercials in bid development.

The job holder will also be champion for the Trust’s financial policies, standards and procedures, supporting and mentoring staff and colleagues to ensure a thorough and complete understanding is maintained.

Job Objectives:

Financial Management

  • Review and analyse country financial reports to ensure that they are accurate, timely and meet the client/stakeholder expectations.
  • Review and analyse the primary financial input data to ensure it is complete, reliable and accurate thus ensuring the integrity of financial reports.
  • Work with country finance managers to continuously assess the appropriateness and effectiveness of operational processes and the financial control environment to ensure compliance with financial regulations, prevent/detect significant fraud and generally manage financial risk.
  • Support the country teams to get ready for internal and external audits by helping them to prepare audit files and audit schedules that meet the set quality and the relevant International Standards.
  • Advise the Head of Finance (HoF) -SSA on identified key control points and weaknesses in the country financial systems or functions and provide innovative and creative recommendations for correcting unsatisfactory conditions and improving operations.
  • Ensure that audit recommendations are implemented through regular follow-ups with responsible country teams.
  • Track compliance in the countries, (local legislation, client, donors and corporate) and advise the Country Finance Managers and Head of Finance-SSA on corrective measures for any noncompliance.
  • Be the BWO financial system regional expert in order to support the country teams through trainings and mentorship to ensure optimal and effective use of the system.
  • Support the continuous development and improvement country financial systems to ensure that they remain reliable, effective and efficient, and supports the user needs.

Grants and contracts

  • Review donor and client agreements for accuracy and completeness and advise HoF-SSA on missing information and critical/sensitive clauses.
  • Draft and review subcontracts for partners and subgrantees by ensuring that they capture the salient features of the mother/main contracts.
  • Follow up to ensure subcontracts are approved as per the established delegation of authority and filed appropriately after signing.
  • Undertake due diligence for new and existing partners during bid development and before contract mobilisation.

Business Development

  • Support the preparation of bids and proposals by working with the bid development team and provide input information for the development of commercials and costing of workplans.
  • Develop draft budgets and commercials for new projects and activities in accordance with Education Development Trust and client guidelines.
  • Prepare draft commentaries including sensitivity analysis for the bid commercials specifically on value for money.
  • Research and advise on the appropriate business setup for the different SSA countries that the Trust may venture into by engaging legal and tax experts.
  • Any other reasonable duty as may be assigned that is consistent with the nature of the job and the safe and effective operation of the organisation.

Scope: Education Development Trust has a regional hub based in Nairobi which provides operational and back office support to several projects delivered in the region. Currently the region is implementing high value projects in Kenya, Rwanda and Ethiopia, and growing. The post holder will be a member of the regional team and expected to adopt a “hands on” approach within the function.

Person Specification:

Knowledge:

Essential

  • Qualified accountant (CPA or ACCA – certified.)
  • Bachelor of Business Administration (Finance & Accounting), Economics or relevant areas of discipline.
  • Excellent knowledge of financial ERP systems.
  • Knowledge and experience in a similar role where building relationships and supporting both finance and non-finance professionals has been fundamental part of role.

Desirable:

  • Not for Profit sector experience
  • Experience in Bid development and support from a financial/commercial standpoint.
  • Knowledge and experience on DFID commercials
  • Experience in the use of the BWO financial system.

Experience:

  • Experience supporting financial aspects across multi-countries, multi-donors and multicurrency’s and providing advice on complex financial matters.
  • Minimum of five years’ experience as a financial expert in the international development sector with three years in a similar capacity.
  • Demonstrable evidence of strong financial and commercial understanding of large contracts and budgets.
  • Proven experience of supporting regional finance teams.
  • DFID, USAID and EU, financial guidelines and regulations and sound judgment in applying them to diverse field-based operations.

Skills:

  • Well-developed strategic and analytical thinking skills.
  • Excellent communication and interpersonal skills with peers, reports and senior colleagues both within and outside the company.
  • Highly numerate with strong analytical and problem-solving ability
  • Ability to work collaboratively with others to provide high quality service
  • Strong organisational and time management skills, and ability to manage tasks with precise deadlines.
  • Expert in the use of spreadsheets (excel) to generate complex reports.
  • Excellent attention to detail, with the ability to work accurately in a busy and demanding environment

Competency Band: 4

Key Competencies for the role:

Our Values

  • Excellence – Creating and Leading Success
  • Integrity – Supporting and Building Trust
  • Accountability – Delivering and Improving
  • Collaboration – Engaging and Partnering

Key Competency 1

  • Delivering the vision
  • Upholding principles and values
  • Driving performance
  • Engaging others to achieve goals

Key Competency 2

  • Motivating Others
  • Communicating with impact and empathy
  • Delivering commercial outcomes
  • Influencing and negotiating

Education Development Trust is committed to safeguarding and promoting the welfare of children, and applicants must be willing to undergo child protection screening appropriate to the post, including checks with past employers and police checks.

How to Apply

CLICK HERE to apply online

Closing Date: 13 Feb 2020


Accounting and Finance, NGO and UN
Updated: February 5, 2020 — 2:44 am