Head of Finance

tendersglobal.net

Job Description

The Head of Finance will support the Finance Director to provide strategic financial leadership,
ensuring the effective management and utilisation of the charity’s financial resources. This role is
crucial in enabling the organization to achieve its mission and strategic objectives by maintaining
financial health, ensuring compliance, and supporting informed decision-making across all levels.
Scope of role:
The Head of Finance will support the Finance Director in overseeing all financial aspects of the
organization, including strategic planning, budgeting, reporting, compliance, risk management, team
leadership, and operational finance. This role requires a comprehensive understanding of the financial
operations within a global non-profit setting and entails close collaboration with various internal and
external stakeholders to ensure financial goals are met and aligned with the charity’s mission.
Key working relationships

Finance Director
Regional Finance Managers
Country finance managers
Programme managers
Country Directors

Key accountabilities (percent of time spent on each area)
Strategic Financial Leadership (5%):

Support the Finance Director in Developing and executing comprehensive financial strategies
that align with our charity’s mission and long-term goals.

Budgeting and Financial Planning (10%):

Lead the budgeting process, oversee financial planning, and conduct insightful analysis to
support decision-making by senior management and the Board.
Prepare annual budgets, forecasts, and monitor financial performance, including variances
and key performance indicators (KPIs).

Financial Reporting and Analysis (15%):

Prepare accurate and timely financial reports, offering clear insights and recommendations to
stakeholders.
Train senior non-financial staff in understanding financial statements, ensuring the monthly
management information is suitable for its users.

Compliance and Auditing (10%):

Ensure adherence to regulatory requirements and maintain strong internal controls.
Coordinate annual financial audits, liaising with auditors, and uphold financial integrity and
transparency.
Provide support on project audits across the organisation and ensure follow-up on issues
arising and that any recommendations are implemented that relate to finance policies and processes

Team Management and Development (20%):

Line manages the Regional Finance Managers ensuring they have clear work outputs,
expectations and performing at a high level in their roles.
Mentor a dedicated finance team, fostering a culture of collaboration, growth, and excellence.
Promote professional growth within the department, creating a customer-focused,
productive, efficient, and solution-oriented team.
Regularly review the workload split, progress, and upcoming challenges for the country
accounting function, to guarantee the most efficient service provision to in country
stakeholders, understanding and reacting to the organisations’ priorities
Provide technical line management to the Country Finance Managers enabling the role
holders to learn and develop and enabling them to be a strong support to the country teams.
Promote job rotation and job enrichment with the wider finance team.
Operational Financial Management (20%):
First point of contact for operational issues and concern in the finance team.
Oversee day-to-day financial operations, including accounts payable, accounts receivable,
payroll, cash flow, investments, and banking relationships.
Ensure efficient payment and credit control procedures to optimize liquidity and maintain
financial stability.

Stakeholder Collaboration (10%):

Collaborate with internal and external stakeholders, including donors, partners, regulatory
bodies, program managers, and development teams.
Lead financial sustainability through strong relationships and effective communication.

Project and Grant Management (5%):

Collaborate with program managers and the development team to manage grant budgets,
track expenses, and ensure grant compliance.
Provide financial data and reporting to support fundraising and development efforts.

Systems and Procedures (5%):

Ensure the robustness of financial systems and procedures.
Supervise the complete set of transactions maintaining financial stability.
Support the design, input and workings of the Resource Management System and review of
the data input and compare to budgets. Providing management with the required tools to
improve resource management.
Continuously improve and develop appropriate budget and reporting software that the
organisation can use to automate many of the above processes and improve financial
management information for monitoring and analysis
Person specification

Qualifications and experience:
Essential:

Holder of a professional qualification such as CIMA, ACCA, ACA, or equivalent.
Degree in finance related field
Resilient and capable of thriving in a large organisation.
Strong interpersonal skills with proven ability to communicate effectively at leadership
Proven abilities in managing people, with the capacity to inspire, motivate, and enthuse others
to achieve goals by setting and enforcing challenging standards.
Experience in financial processing in a complex business environment.
Postholder must have right to work in the country based.

Desirable:

Post- qualification experience in the NGO sector, with knowledge of NGO donors and their
financial reporting requirements
Knowledge of international finance regulations and experience in dealing with various
currencies and international transactions.
Fluency in additional languages is an asset in a global organization.
Experience in leading organizational change and process improvement initiatives.
Experience in a senior financial role within a global non-profit or charity organization.

Work-based skills:
Essential:

Strong analytical and problem-solving skills.
Excellent time management and organizational abilities.
High level of accuracy and attention to detail.
Effective communication and presentation skills.
Ability to work under pressure and meet tight deadlines.
Leadership skills with a collaborative management style.
Proficiency in financial software and computer literacy.

Project costing experience:
Desirable:

Experience in using advanced financial modelling techniques.
Knowledge of SORP

Source: https://malariaconsortium.current-vacancies.com/Jobs/Advert/3356997?cid=2061&t=Head-of-Finance

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