Africa Enterprise Challenge Fund Finance & Administration Officer, Kakuma Kalobeyei Fund Jobs in Kenya

Africa Enterprise Challenge Fund Finance & Administration Officer, Kakuma Kalobeyei Fund Jobs in Kenya

  • The AECF (Africa Enterprise Challenge Fund) is a nonprofit institution supporting early and growth stage businesses – through provision of patient capital – to innovate, create jobs, leverage investments and markets in an effort to create resilience and sustainable incomes for rural poor and marginalised communities in Africa.

  • AECF’s strategy is focused on agribusiness/agriculture and renewable energy sectors with increased support to climate technologies, deepened focus on gender, youth, and employment, aimed at attaining the institution’s vision of ‘A Prosperous and Enterprising Rural Africa’.

  • Since 2008, AECF has invested in 268 businesses across sub-Sahara Africa focusing on
    Agribusiness, Renewable Energy and Climate Technologies.

  • As of 2018, we have impacted more
    than 17 million lives, created over 12,000 jobs and leveraged over US$ 750 million in matching
    funds from the private sector.

  • AECF is currently expanding its programs in Africa and our new strategy is looking to further unlock the power of the private sector to improve the livelihood of rural and marginalized communities.

  • We are therefore seeking an individual willing to be part of this journey, in helping
    to define and implement our strategic objectives in a bold and innovative manner.

  • AECF is headquartered in Nairobi with offices in Cote d’ Ivoire and Tanzania.

  • About Kakuma Kalobeyei Challenge Fund (KKCF)

  • The KKCF is a competitive financing mechanism for disbursing donor funding to incentivize forprofit companies, social enterprises, and local and refugee entrepreneurs to start or scale existing
    operations in the Kakuma-Kalobeyei area.

  • Attracting the private sector to the area andsupporting local entrepreneurs has the potential to expand job opportunities, improve services, provide more choice, and reduce prices.

  • In turn, this could enhance the self-reliance and socioeconomic integration of both refugee and host communities, while also contributing to the development of Turkana County.

  • KKCF is a program of International Finance Corporation (IFC) and AECF is the implementing

  • We seek to recruit a Finance and Administration Officer who will support us in enhancing efficiency and financial controls in the Kakuma Kalobeyei Challenge Fund Programme (KKCF).

    Purpose of the role

  • Reporting to Senior Finance Officer, the incumbent will be expected to work flexibly and
    collegially to support the financial and administrative aspects of Kakuma Kalobeyei Challenge

  • Fund Programme (KKCF). The individual will be responsible for providing timely and efficient accounting and financial support service specifically to this programme while ensuring accuracy and completeness in the payment processes, data management, maintaining high financial management and control standards as well as providing administrative support to the program team.

  • The Finance & Administration Officer serves as the finance liaison to AECF’s donors, and will represent AECF at any of donor and Program partner meetings and ensure consolidation of the periodic award budgets, financial reports, strong tracking of program expenditures, continual analysis of program cash flow and ensure compliance with AECF’s and donor policies.

    Key responsibilities

    Financial Management

  • Support in ensuring the accuracy on postings that align to the Programme design and

  • Provide overall financial oversight to KKCF at all stages including timely preparation of budgets and financial reports.

  • Maintain primary relationship and correspondance with donors on all financial requests and queries.

  • Develop and update Program-specific budget and financial reporting templates for
    AECF and investees, as requested by the donor.

  • Assist the management accounting team and Head of Finance to prepare accurate and
    reasonable institutional budgets and budget narratives, consistent with the
    institutional strategy, and adhere to donor and AECFpolicies

  • Provide periodic budget monitoring reports to the program teams to guide in decision
    making with the ultimate aim of meeting donor expectations.

  • Track, report and consolidate monthly program expenses, burn rates and cash received
    from donors/funders.

  • Prepare consolidated programme financial reports based on the contract obligation

  • Maintain and monitor a consolidated investees financial tracking tool for the entire program.

  • Ensure program audits are conducted on time and audit findings resolved adequately.


  • Assist in the maintenance of an inventory database and ensure insurance cover is in
    force at all times.

  • Receive all inventory items from suppliers, verify such deliveries against approved orders and ensure such items are safely stored.

  • Maintain relationships and liaise with service providers for timely and quality services at all times.

    Required qualifications and experience

  • Bachelor’s degree in Commerce, Accounting or Finance specialisations or similar


  • Must be a Certified Public Accountant (CPA) or hold an equivalent professional accounting qualification e.g. ACCA.

  • Minimum of 5 years’ experience in program accounting and financial management in
    not for profit sector and/or development finance institutions. Experience working with
    IFC/World Bank funded programs desirable.

  • Computer proficiency and familiarity with a range of software applications including MS
    Excel, MS Word.

  • Proficient in Serenic Navigator software.

  • Excellent analytical and communication skills with the ability to prepare financial reports to a high level of proficiency.

  • Good interpersonal skills and ability to work with a cross-cultural team.

  • Excellent written and spoken English is essential;

  • Knowledge of any local language (Kiswahili, Juba Arabic, Somali, Turkana) is an asset.
    AECF is an Equal Opportunity Employer.

  • If you believe you can clearly demonstrate your abilities to meet the relevant criteria for the role,

  • please submit your application quoting in the subject line the Job Title “Finance & Administration Officer – AECF/Finance2”, and attach a detailed CV, e-mail address and telephone contacts.

  • To be considered, your application must be received by 5 th
    , February 2020 addressed to:

    How to Apply

    For more information and job application details, see; Africa Enterprise Challenge Fund Finance & Administration Officer, Kakuma Kalobeyei Fund Jobs in Kenya

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