Finance Manager at Africa Enterprise Challenge Fund

About Us

AECF (Africa Enterprise Challenge Fund) is a leading non-profit development organization supporting innovative agribusiness and renewable energy enterprises to reduce rural poverty, promote resilient communities, and create jobs.

We catalyze the private sector by surfacing and commercializing new ideas, business models, and technologies designed to increase agricultural productivity, improve farmer incomes, expand clean energy access, reduce greenhouse gas emissions, and improve resilience to the effects of climate change. We finance high-risk businesses that struggle to access commercial funding. We are committed to working in frontier markets, fragile contexts, and high-risk economies where few mainstream financing institutions dare to go.

Over 17 years, we have supported 536 businesses in 27 countries in Sub-Saharan Africa, impacted more than 36 million lives, created over 35,000 direct jobs, and leveraged US$840 million in matching funds.

The Role

The Finance Manager(FM) will report to the Associate Director of Finance (ADF) and will be a part of the core finance team at AECF, responsible for overall financial management. The position holder will assist the Associate Director Finance in ensuring the organization’s financial health and supporting sound management decisions.

• Support the financial planning and budgeting process, both proposal and institutional budgets. This involves collaborating with project managers and departmental heads to develop budgets that align with the organization's strategic objectives and donor requirements.
• Implement appropriate budgetary controls to meet targets without exceeding budget allocations.
• Ensure timely preparation and review of donor financial reports and management accounts.
• Convene monthly meetings to review and address issues arising from program financial reports and management accounts.
• Responsible for continuous engagement with program teams to ensure an in-depth understanding of the donor regulations, budgets, and reporting requirements.
• Support in the management of institutional and donor-specific audits.
• Oversee cash flow management to support routine and annual financial commitments.
• Review payments to ensure that they are properly supported and adhere to established internal controls.
• Ensure compliance with the relevant legal and regulatory requirements, including tax laws and donor stipulations.
• Review journals, ensuring that proposed entries are accurate and properly supported.
• Staff supervision and continuous capacity building.

If you believe you can clearly demonstrate your abilities to meet the relevant criteria for the role, register and apply on: https://recruitment.aecfafrica.org