Position Overview

Educate!, an award winning non-profit social enterprise is seeking an enthusiastic, systems-oriented, ethical and analytical individual with great interpersonal and communication skills to fill the Finance Manager position. She/he will be the finance lead in the organization ensuring the implementation of accounting and financial management functions, design and co-ordinate the implementation of sound accounting and financial management and control systems and procedures for all operational and administrative areas and to facilitate the maintenance of accurate and up to date financial and accounting records for effective and smooth running of all business operations under fast changing and complex circumstances.

The Ideal candidate; is someone who has non-profit experience, delivers results while leading multiple projects, is willing to improve on processes and able to lead change management processes. The Finance Manager will supervise a team of three, and shall report to the Head Of Finance.

What You'll Do

Financial Management & Oversight (30%)

• Provide day-to-day leadership of the Finance function, ensuring effective implementation of financial management systems, policies, controls and procedures.
• Directly manage the Finance Coordinator and Finance Officer(s), including setting priorities, allocating workloads, conducting regular check-ins, providing feedback and managing performance.
• Coach and develop Finance team members, strengthening technical capability, ownership, accountability and readiness for increased responsibility.
• Lead continuous improvement of Finance processes and systems to improve efficiency, accuracy, scalability and service delivery across the organization.
• Serve as a key Finance business partner to Implementation, Operations, Budget Managers and other functional leads, providing timely financial guidance to support effective programme planning and delivery.
• Work proactively with internal stakeholders to understand upcoming activities, anticipate financial requirements and ensure budgets, approvals, payment arrangements and supporting documentation are ready ahead of implementation.
• Provide financial insights, analysis and recommendations to management to support strategic and operational decision-making, including preparation of ad hoc financial scenarios where required.
• Identify and escalate significant financial, compliance, operational or control risks and work with relevant stakeholders to develop appropriate mitigation actions.
• Ensure the effective operation and continuous strengthening of internal controls across key financial processes.
• Ensure compliance with applicable Tanzania Revenue Authority, NGO regulatory and other statutory financial requirements.
• Act as a key Finance contact for external stakeholders including banks, tax advisors, auditors and other contracted financial service providers.
• Coordinate with the Group Finance team, including Country Finance Managers, Controllers and the Group controller, on accounting requirements, financial deliverables, systems and organization-wide Finance priorities.

Financial Reporting (30%)

• Ensure the monthly budget balances report is up to date and shared with budget holders
• Confirm expense codes on all requests as they are received, correct where necessary through the budget manager.
• Minimize the number of errors from the team through constant feedback and also in reporting.
• Prepare and analyze accurate monthly financial and management reports, including; income statement, balance sheet, budget and variance, projections and forecast, and cash flow
• Submit accurate, complete and timely management reports.
• Coordinate the preparation of the audited financial statements and all tax returns
• Reporting as needed to the regional finance team on Educate! financials

Financial Control & Accounting (20%)

• Observe and implement all Educate! accounting systems, payments, bookkeeping, and statutory filing.
• Ensure that all financial transactions are processed accurately, in a timely manner, and in accordance with generally accepted accounting principles through the QuickBooks system, identifying and correcting any variances.
• Develop, implement, and maintain processes and controls that are current best practices related to transaction processing.
• Manage, oversee, process (as appropriate), all of the following transactions: payroll, accounts payable, revenue and expense, fixed assets, cash, bank reconciliations, and allocations.
• Perform month-end closing procedures, including account reconciliations, and updating schedules.
• Maintain an orderly accounting filing system
• Revenue management & improvement of payment systems

Budget Management (20%)

• Involved in the preparation of periodic budgets and updates
• Collaborate with budget managers by sharing budgets and providing support and clarity where needed.
• Ensure budgets are entered into the accounting system.
• Ensure BVA reports are prepared and have clear explanations at month-end.
• Share monthly BVA reports with budget holders for ease of planning.
• Share quarterly BVA reports with clear explanations
• Monitor the budget memos and update the approved budgets and QuickBooks with the Budget Memos where needed
• Offer periodic training or refresher training to the teams aimed at improving financial management, discipline and accountability as stipulated in our policies and procedures.

Who You Are

• BSc. in Finance, Accounting or Business Administration or Commerce
• Must be a Member of CPA (T) (NBAA) in good standing
• Proficiency in Ms. Excel and QuickBooks.
• Finance & Accounting experience working in a non-profit environment.
• Minimum of 3-5 years of finance and accounting experience, including finance, accounting, audit, and analysis (including gathering, evaluating, presenting, and reporting financial information to management and external stakeholders).
• Minimum of 3-5 years of managerial experience leading finance teams and cross-function collaborations.
• Solid experience in coordinating audit activities and managing reporting, budget development and analysis, accounts payable and receivable, general ledger, payroll, and accounting.
• Entrepreneurial drive and proven ability to take ownership and lead the team's combined learning.
• Collaborative, data-oriented approach to problem-solving.
• Demonstrated ability to work in a self-directed manner, seeking out areas that need attention rather than being asked to look at specific problem areas.
• Consistently asks for help and seeks advice from colleagues to let the best idea or process win.
• Engaging and interactive communicator with a passion for coaching others.
• Fits our Five Culture Tenets (see What is Educate! About? below); Learn more by looking at Educate!'s culture deck here

Skills/experience this candidate absolutely must have (MUST HAVEs)?

• People Relations skills
• Attention to detail
• Personal organization and Coordination skills
• Good written & verbal communication skills
• Problem solving
• Ability to use the google drive (docs, sheets, slides and forms)
• High level of integrity
• Strategic thinking
• Prioritization and project management
• Strong management skills

What We Offer

• A vibrant, mission-driven environment with a supportive and fun team.
• Competitive salary based on experience.
• Learning & growth opportunities

Application Process: Rolling basis, interviews happening soon!

Terms

• Location is Tanzania, preferably Mwanza OR Arusha

• Provide day-to-day leadership of the Finance function, ensuring effective implementation of financial management systems, policies, controls and procedures.
• Directly manage the Finance Coordinator and Finance Officer(s), including setting priorities, allocating workloads, conducting regular check-ins, providing feedback and managing performance.
• Coach and develop Finance team members, strengthening technical capability, ownership, accountability and readiness for increased responsibility.
• Lead continuous improvement of Finance processes and systems to improve efficiency, accuracy, scalability and service delivery across the organization.
• Serve as a key Finance business partner to Implementation, Operations, Budget Managers and other functional leads, providing timely financial guidance to support effective programme planning and delivery.
• Work proactively with internal stakeholders to understand upcoming activities, anticipate financial requirements and ensure budgets, approvals, payment arrangements and supporting documentation are ready ahead of implementation.
• Provide financial insights, analysis and recommendations to management to support strategic and operational decision-making, including preparation of ad hoc financial scenarios where required.
• Identify and escalate significant financial, compliance, operational or control risks and work with relevant stakeholders to develop appropriate mitigation actions.
• Ensure the effective operation and continuous strengthening of internal controls across key financial processes.
• Ensure compliance with applicable Tanzania Revenue Authority, NGO regulatory and other statutory financial requirements.
• Act as a key Finance contact for external stakeholders including banks, tax advisors, auditors and other contracted financial service providers.
• Coordinate with the Group Finance team, including Country Finance Managers, Controllers and the Group controller, on accounting requirements, financial deliverables, systems and organization-wide Finance priorities.

• People Relations skills
• Attention to detail
• Personal organization and Coordination skills
• Good written & verbal communication skills
• Problem solving
• Ability to use the google drive (docs, sheets, slides and forms)
• High level of integrity
• Strategic thinking
• Prioritization and project management
• Strong management skills

• BSc. in Finance, Accounting or Business Administration or Commerce
• Must be a Member of CPA (T) (NBAA) in good standing
• Proficiency in Ms. Excel and QuickBooks.
• Finance & Accounting experience working in a non-profit environment.
• Minimum of 3-5 years of finance and accounting experience, including finance, accounting, audit, and analysis (including gathering, evaluating, presenting, and reporting financial information to management and external stakeholders).
• Minimum of 3-5 years of managerial experience leading finance teams and cross-function collaborations.
• Solid experience in coordinating audit activities and managing reporting, budget development and analysis, accounts payable and receivable, general ledger, payroll, and accounting.