Senior Analyst – Accounting and Financial Reporting

ABOUT MASTERCARD FOUNDATION 

Mastercard Foundation seeks a world where everyone has the opportunity to learn and prosper. Through its Young Africa Works strategy and Canadian EleV program, the Foundation works with partners to ensure that millions of young people, especially young women, access quality education, financial services, and dignified work. Mastercard Foundation was established in 2006 through the generosity of Mastercard when it became a public company. The Foundation is independent with its own Board of Directors and CEO.

THE WORK AT THE FOUNDATION 

We are currently in an exciting period at the Mastercard Foundation as we intensify the implementation of the Young Africa Works strategy, aiming to empower 30 million young people throughout Africa to access dignified and fulfilling employment.

To ensure the Foundation’s accessibility to our partners and program participants, we have established offices in Rwanda, Kenya, Ghana, Senegal, Ethiopia, Nigeria, and Uganda. These offices provide strong in-country support for the implementation of Young Africa Works. We collaborate with governments, the private sector, educators, and other funders to enhance the quality of education and vocational training, equip young individuals with the necessary skills for the workforce, expand access to financial services for entrepreneurs and small businesses, and facilitate connections between job seekers and meaningful employment opportunities.

Our values serve as our guiding principles, transcending and surpassing all other considerations. We wholeheartedly encourage you to bring your bold ideas, curiosity, and expertise to your work.

UNDERSTANDING CANADA PROGRAMS AT THE FOUNDATION

The Foundation has begun working within Canada in partnership with Indigenous communities and post-secondary institutions to listen, learn, and best understand how we can act in meaningful ways. The EleV strategy was co-created with Indigenous communities, young people, and partners to enable 30,000 Indigenous youth to complete their education and transition to dignified work aligned with their values and aspirations.

As reflected in Canada’s Truth and Reconciliation Commission Calls to Action, education is a key driver of improved socio-economic well-being. Through building partnerships with Indigenous communities, we look to expand our initiative ultimately helping to support a generation of transformative Indigenous young leaders who will be change agents within their communities. We believe that by setting a bold target, we will encourage engagement across sectors and create momentum that will elevate the strengths and opportunities of Indigenous youth. In keeping with our approach, Indigenous communities and young people will be the drivers of this transformation. The program will promote innovations to address longer-term systemic change to achieve economic prosperity and social well-being within Indigenous communities.

The EleV team oversees current and emerging partnerships related to Indigenous education. Consistent with our overall vision and Youth Africa Works strategy, we will share learnings and opportunities to connect across the work of the Foundation. While operating in distinct contexts, the centrality of youth voice and vision, affirmation of culture and identity, and priority to enhance community capacity for self-determination are common threads upon which our work is strengthened and reinforced.

If you are an experienced Accounting Analyst looking to increase your impact, read on!

THE OPPORTUNITY

Reporting to the Accounting Lead, the Senior Analyst – Accounting and Financial Reporting will ensure accurate and timely recording of all financial transactions and share accountability for the trial balance’s maintenance and integrity. S/he will provide technical leadership and mentorship to the accounting team.

WAYS YOU CAN CONTRIBUTE

• Engages in month-end and year-end closing processes, including journal entries, account reconciliations, and variance analysis.
• Supports external audits, including preparation of working papers and gathering supporting documentation (one enterprise audit and seven Africa branch audits).
• Oversees performance management, professional development, and training of assigned accounting team members.
• Assists in preparing working papers for tax compliance, including statutory direct and indirect tax filings and audits.
• Supports accounting team members and co-op students with recording bank transactions and oversees the preparation of reconciliations.
• Tracks and reconciles occupancy costs with invoices and leases.
• Ensures proper accounting of the Foundation’s assets and investments during the period close.
• Undertakes additional responsibilities pertaining to accounting processes as the Accounting Lead requires.
• Supports the development and implementation of new processes and internal control policies.
• Manages relationships with external parties such as banks, auditors, and governing authorities.
• Contributes to the ERP implementation project.
• Utilizes technology to improve accounting processes’ efficiency and enhance cybersecurity awareness.
• Contributes effectively to all team goals and deliverables.
• Acts as a backup for month-end close duties.
• Provides a high standard of customer service to all stakeholders.

WHO YOU ARE

• Bachelor’s degree, professional qualification in accounting or a related field, and a CPA designation are required.
• 3-5 years with audit and assurance experience in a similar role.
• Supervisory experience or strong aptitude for people management is required.
• Multi-national experience related to currency and tax accounting is an added advantage.
• Knowledge of accounting standards and a solid understanding of accounting principles and internal controls are required.
• Advanced skills in Microsoft 365 (Excel, Power BI, SharePoint, etc.).
• Previous experience with Great Plains, Workday, and SAP Concur is an added advantage.
• Excellent time management skills and a high level of attention to detail.
• Can-do attitude, willing to roll up sleeves and get into the details as necessary.
• Results-driven and able to set and achieve clear objectives.
• Ability to share finance information effectively across the organization as a business partner to non-finance colleagues.
• Flexible and adaptable, able to execute various job duties and changing priorities.
• Excellent verbal, written, and presentation skills with the ability to articulate information to various constituents across cultures.
• Professional maturity, sensitivity to different cultures, and impeccable integrity that exemplify the Foundation’s values.
• You have a commitment to Mastercard Foundation’s values and vision.

Deadline for Applications is July 22, 2024.

Mastercard Foundation (the “Foundation”) values and respects your privacy. By submitting an application for this opportunity, you hereby agree to the Foundation’s collection, use and disclosure of your personal information in accordance with its Privacy Policy (available at https://mastercardfdn.org/privacy/). Please note that the Foundation may share your personal information with third-party agencies that support the Foundation’s recruitment activities, and such third-party agencies may contact you directly regarding this opportunity. If you have any questions or concerns, please contact the Foundation’s Privacy Officer at the address indicated in its Privacy Policy.

The Mastercard Foundation values the unique skills and experiences each individual brings to the organization and we are committed to creating and maintaining an inclusive and accessible environment for everyone.

Completion of satisfactory business references and background checks are essential conditions of employment.

For more information and to sign up for the Foundation’s newsletter, please visit http://www.mastercardfdn.org/
Follow the Foundation on Twitter at @MastercardFdn

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