Financial Analyst Job in Nairobi, Kenya 2020
Career Kenya: Financial Analyst Job in Nairobi, Kenya 2020
Employment vacancy : Today Recruitment Kenya

FSD Africa

Established in 2012 and supported by
UK aid, FSD Africa is a specialist development agency working to build and
strengthen financial markets across sub-Saharan Africa. They work to reduce
poverty through a ‘market systems development’ approach, which means they aim
to address the structural, underlying causes of poverty by improving how
financial market systems function.

FSD Africa believes that investing in
building a financial system that is transparent, stable and accessible creates
the conditions for a fair and sustainable future. This is one where inequality
is reduced, corruption is tackled, and where individuals, businesses and
governments alike are able to prepare for future challenges, from climate
change to political instability.
From their headquarters in Nairobi,
the team of financial sector experts work alongside governments, business
leaders, regulators and policymakers to design and build ambitious programmes
that make financial markets work better for everyone. Depending on the project,
FSD Africa can provide a combination of grants, investment capital, market
insights or technical assistance to ensure they achieve their objectives.
They focus their work where the need
is greatest, and where they believe the potential for impact is the most significant.
They have a specific mandate to invest in breakthrough, innovative ideas that
they believe can have a transformative impact.
By sharing risk with their partners,
they’re able to address more difficult, persistent, or higher-risk challenges,
in more unstable or fragile geographies, than traditional development finance
The Financial Analyst is responsible
for forecasting/predicting and analysing financial data while partnering across
Finance and the entire organisation.
His/her core responsibilities revolve
around modelling the financial ecosystem, evaluating revenue and cost planning,
budgeting, evaluating ROI, developing actionable insights and influencing
management to enable revenue growth and or maximising income streams.
Strategic Planning and Management
Ensure that FSD Africa and FSDAI are
provided with the financial analysis and support necessary to accomplish their
strategic and tactical objectives:
Work together with the CFO and
Finance Manager to develop and implement FSD Africa’s finance performance
management system (including KPI’s) that monitor the performance of FSD Africa
and FSDA(I) against development partners ToRs
Carry out research on FSD Africa’s
operational context to identify changes in development partner financing
practices and develop strategies for financing that will impact FSD Africa’s
strategic achievement
Design and create dashboards,
templates and other visualisations to present actionable insights related to
financial data sets and business questions at hand
Participate in the development of
financial and tax strategies, together with performance measures and monitoring
systems that support the company’s strategic direction
Budgeting and Forecasting
Oversee the development and
implementation of FSD Africa and FSDAI budgets, making adequate and reliable
forecasts to support decision making:
Work with FSD Africa and FSDAI Senior
Managers to determine the financial implications of business and work plans;
supporting the development of accurate short- and long-term budgets, capital
budgets, and financial plans
Make quarterly forecasts to confirm
the availability of financial resources and anticipate any shortages;
consolidation and reporting of financial activities
Develop mechanisms for monitoring,
controlling and reviewing budget implementation
Monitor monthly financial performance
against budgets; investigate on reported variances and advise on corrective
measures to be taken
Monitor spend against budget;
includes timely informing management on variances from the established budget
and the reasons for those variances
Team Leadership and Functional
Lead the Finance Analyst team in
effective and efficient provision of high levels of (internal and external)
customer service:
Build and maintain a cohesive team;
ensuring that the unit is resourced with the technical expertise necessary to
deliver on responsibilities whilst remaining lean and efficient

Provide leadership to the unit,
managing their performance and providing an engaging leadership style to ensure
motivation; carry out their performance appraisals and identify training and
development needs
Build capacity of the team to perform
effectively through supporting and encouraging innovation in both process-improvement
and new areas of work
Financial Modelling and Analysis
Ensure effective use of data
modelling practices to analyse available and researched data, and provide
advice on strategic and operational areas of improvement:
Develop and execute detailed
financial and predictive analysis including advanced financial modelling,
profitability analysis, monitoring business issues, and impact to the bottom
Analyse financial information and
produce cashflow forecasts to aid in comprehensive investment decision-making
Carry out complex financial analysis
of business functions and processes; identify and communicate key insights to
CFO with recommendations
Liaise with the Finance Manager to
obtain financial information for performance, ratio and trend analysis, cost
analytics, and provide timely and accurate reports
Engage in benchmarking studies to
establish areas of potential financial operational improvement
Ensure that routine financial
administration is carried out in accordance with good accounting practice:
Develop a database of key financial
variables in each of FSD Africa’s business areas, to enable cross-project
comparisons to be made, and to assist and speed up the preparation of new
project budgets
Co-ordinate the process of
documenting the financial aspects of lessons learned and reporting on progress
being made
Participate in training internal
staff on financial aspects of the business in order to improve levels of
financial awareness
Policies, Procedures and Systems
Develop and support the
implementation of policies, procedures and operational systems that will ensure
smooth running of FSD Africa finances, as well as support the planning and
mapping of business processes for improvement:
Develop and monitor the performance
of existing financial policies, procedures and systems in order to identify
areas for improvement; take corrective action as appropriate
Support the CFO in the planning and
mapping of business processes, identifying and recommending opportunities for
Ensure that all FSD Africa’s
financial activities, procedures, and reporting meet statutory and payroll
Carry out any other duties or special
assignments as assigned by the Finance Manager and the CFO.
Does this sound like you?
You have a degree in Accounting,
Finance, Economics, or related
You have a professional qualification
in ACCA and or CPA, CFA
You have excellent written and spoken
You have at least 3 years of
experience in a similar role with a reputable medium to large organization
You posses detailed knowledge of
Investment and Financial Analysis
Experience of working in a
multi-cultural environment
Knowledge of donor policies and
Previous experience of working in
DFID-funded projects
Languages: French, local African
Persons of all gender, race, sex,
orientation, age, and identity are encouraged to apply.

Apply by 24-04-2020


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