Finance Supervisor at Good Africa Secretariat (deadline 31 December,2023) – mucuruzi.com

Finance Supervisor at Good Africa Secretariat (deadline 31 December,2023)

Phrases of Reference 

Recruitment 

• Place: Finance Supervisor, DTfA/ WARDIP SOP-1
• Length: Fastened Time period, renewable
• Location: Kigali, Rwanda (versatile)
• Deadline: 31 December,2023 at 5:00 PM Kigali (GMT+2) time

1. Context and Background

Africa is reshaping its narrative from one in every of poverty to progress, showcasing spectacular financial progress, technological innovation, and a younger inhabitants. Nonetheless, digital transformation faces obstacles corresponding to restricted entry, inadequate investments, and a digital divide, which additionally provide alternatives for progress via higher accessibility, effectivity, and job creation

The Good Africa Alliance, established via the Good Africa Manifesto, is a collaborative effort amongst African nations, the African Union, the Financial Fee for Africa, the African Improvement Financial institution, the World Financial institution, the Worldwide Telecommunications Union, the non-public sector, and tutorial and analysis establishments. This initiative, pushed by African Heads of State and Authorities, goals to propel sustainable socio-economic improvement throughout the continent by leveraging Info and Communications Applied sciences (ICT) to transition Africa right into a knowledge-based financial system. Initially endorsed by African leaders in 2014, the Good Africa Manifesto has since garnered the help of 39 African international locations, representing over one billion inhabitants, with the purpose of inserting ICT on the core of each nationwide and continental socio-economic improvement efforts. This entails growing ICT entry, enhancing transparency, effectivity, and openness via ICT adoption, fostering superior telecommunication applied sciences, empowering the non-public sector, and using ICT for sustainable improvement.

The Alliance promotes digital transformation by constructing digital infrastructure, supporting entrepreneurship, fostering innovation, growing human capital, driving digitization, and advocating the event of insurance policies and laws that help the expansion of the digital financial system and digital applied sciences. Recognizing the necessity for sturdy capability constructing efforts to realize AU’s objectives for digital transformation, the Alliance established the Good Africa Digital Academy (SADA), adopted through the Good Africa Alliance ninth Board Assembly Decision 5, as a car to implement its capability constructing and expertise improvement actions throughout member states, via the institution of nationwide digital academies.

SADA ensures that policymakers, enterprise leaders, and the broader African inhabitants develop the digital expertise and information essential to take part within the digital financial system and reap the benefits of new alternatives. SADA acknowledged the significance of sturdy insurance policies and laws and the necessity to equip policymakers and regulators to design and implement efficient digital insurance policies and laws. By means of collaborative efforts with the World Financial institution and GIZ, SADA has, in its part 1, skilled over 8000 beneficiaries, out of which over 5000 are Africa’s Coverage and Determination makers.  SADA has additionally applied Nationwide Digital Academies throughout 12 African international locations.

Go to https://sada.smartafrica.org/ for extra details about the Good Africa Digital Academy

2. Digital Transformation for Africa/ Western Africa Regional Digital Integration Program (DTfA/ WARDIP) SOP-1

The DTfA/ WARDIP SOP-1 is a regional challenge with financing from the Worldwide Improvement Asociaton (IDA) masking two continental entities, AU and Good Africa, one REC, ECOWAS and 4 international locations, The Gambia, Guinea. Guinea-Bissau and Mauritania. The DTfA/ WARDIP SOP-1 goals to extend broadband entry and utilization in collaborating international locations and to advance the combination of digital markets in Western Africa.

The challenge is designed across the three distinct however interconnected layers of the SDM framework. The three market layers are (i) a single connectivity market, eradicating boundaries to regional telecom infrastructure and providers deployment; (ii) a single information market, enabling the safe trade and processing of information throughout borders; and (iii) a single on-line market, permitting the entry and supply of private and non-private providers on-line and digital commerce throughout borders.

On the continental degree the challenge will help AU´s strategic imaginative and prescient of making an SDM in Africa by 2030 via the event of applicable insurance policies and laws for coordinated digital transformation in Africa. A key ingredient will likely be a complete coaching program open to coverage and choice makers in addition to regulators from all international locations in Africa to be applied by Good Africa via its Good Africa Digital Academy (SADA). The coaching will be sure that members are up to date on digitalization and handle the brand new insurance policies and laws underpinning single digital markets, with deal with agile regulation, information financial system and inexperienced digital. This will even foster frequent information, competencies, and peer-learning to design and implement digital insurance policies and laws.

3. The Good Africa Digital Academy for Coverage and Determination makers (SADA-CBDM) – A Subcomponent of the WARDIP-SOP 1 

The subcomponent of the WARDIP-SOP1 challenge to be applied by Good Africa goals at a rapid-scaling of the Good Africa Digital Academy (SADA) program at each regional and continental ranges by leveraging on the present SADA -CBDM implementation, AReg4DT program, and growing a replicable implementation mannequin that caters for the particular wants and the regional context. The general purpose is to determine a brand new technology of policymakers and regulators throughout Africa, who’re individually educated on learn how to harness the potential of inexperienced and inclusive digital transformation via new approaches to coverage and regulation, and who collectively contribute to the institution of a Single Digital Market in Africa. With this purpose, the scale-up will attain 30,000 distinctive policymakers and choice makers from all international locations in Africa, with a core group of 5,000 being skilled in individual in the direction of making a protected, inclusive and sustainable single digital marketplace for Africa, with a participation degree of females at 40%. The usage of self-paced studying and train-the-trainer approaches are each geared toward additional enhancing the attain of this system to propagate new information and new practices throughout the complete ecosystem together with the non-public sector, academia and in some instances most of the people. 

In keeping with the imaginative and prescient of Good Africa, this system goals to supply foundational information and competencies for the present and future digital coverage makers to design, draft and implement digital insurance policies and laws required to advertise a vibrant (i.e, aggressive), protected, inclusive and sustainable (i.e., reasonably priced and inexperienced) digital transformation that can, in flip, foster the creation of a secured Single Digital Market in Africa with deal with Agile regulation, the information financial system and inexperienced digital.

SADA invitations suitably certified people to point their curiosity in making certain sound monetary administration, accountability, and compliance with Good Africa’s tips and procedures, in addition to the World Financial institution financing settlement necessities.

4. Duties and Obligations 

The Finance Supervisor will supervise the supply of the finance group and can oversee the monetary administration methods, compliance with monetary administration insurance policies and relevant grant necessities, well timed preparation of Administration and Donors’ monetary experiences, and facilitation of well timed completion of inner and exterior audits.

She/He’ll work below the direct supervision of Head of Finance and Planning and can supervise the Accountant and collaboration with the opposite help providers andand program execution group.

Particularly, this place will cowl the next areas of labor

• Monetary Reporting
  • Evaluate accounting data to make sure adherence to accounting requirements, correct account classification and correct funds allocations.
  • Lead the month-to-month and year-end accounts closure together with required journal entries.
  • Lead the preparation of well timed and correct month-to-month monetary experiences and annual monetary statements compliant with worldwide monetary reporting requirements.
  • Guarantee well timed completion of steadiness sheet reconciliations, together with financial institution accounts, receivables, payables, deferred revenue, and so forth.
  • Evaluate and coordinate well timed submission of Administration and Donors’ monetary experiences .
• Compliance and controls
  • Guarantee compliance with Good Africa monetary administration insurance policies and procedures and with the Donor’s necessities.
  • Monitor the implementation and effectiveness of inner controls.
  • Provoke applicable revisions and updates to the monetary administration insurance policies and procedures.
  • Provoke and implement measures for simplification, automation and standardization of economic administration processes aiming at effectivity enchancment whereas sustaining efficient inner controls.
  • Proactively and advise the Administration of any dangers which can adversely affect on the inner management surroundings.
  • Guarantee controls over group’s property are efficient
  • Guarantee compliance with relevant legal guidelines together with tax and social safety legal guidelines.

• Finances and Treasury
  • Evaluate bills and funds to make sure they’re supported with sufficient and full documentation.
  • Handle expenditure planning and treasury forecasting, together with monitoring monetary commitments and money necessities for assembly expenditure plans.
  • Guarantee well timed and correct month-to-month funds absorption reporting and facilitate month-to-month evaluation and dialogue of funds versus precise variance evaluation with Venture Coordination lead as monetary inputs to the grant administration and implementation
  • Assist this system group in offering enter on value estimates within the means of implementing grants actions.
  • Lead the preparation of donors’ disbursement requests and be sure that applicable money balances are maintained to facilitate initiatives implementation.
  • Put together operations funds and help within the preparation and improvement and revisions of budgets
  • Consolidate funds preparations and reporting
  • Guarantee VAT tax receivables are collected and reconciled on month-to-month foundation
  • Oversee checking account transactions and negotiate favorable financial institution charges and charges

• Audits
  • Lead the preparations for the challenge audits.
  • Be the focus and liaison individual with the auditors for facilitating inner and exterior audits.

• Different
  • Supervise and supply help to the finance group, together with teaching, technical capability constructing.
  • Some other duties as assigned by the Supervisors.

5. Place necessities

A. Key Attributes

• Expertise in donor grant reporting.
• Integrity
• Confidentiality
• Respect for All
• Workforce spirit
• Respect for range
• Good interpersonal expertise
• Capacity to prioritize a number of duties
• Capacity to work independently
• Proactiveness and taking initiatives
• Analytical pondering
• Consideration to particulars
• Steady enchancment

B. Expertise

• A minimum of 8 years of expertise in monetary administration or monetary auditing with in-depth experience in worldwide monetary reporting requirements.
• Workforce administration expertise and skill to work as a group participant.
• Expertise in donor grant reporting.
• Expertise in utilizing QuickBooks or different accounting software program, superior spreadsheet expertise.

C. Schooling and Coaching

• A minimal of Bachelor Diploma’s diploma is required, ideally in Accounting, Finance, Enterprise Administration and associated fields.
• Completion {of professional} accounting certification ACCA or CPA is required

D. Length of the Task

The employment contract is predicted to have a period of three (3) years renewable topic to funds availability and efficiency.

E. Reporting

The Finance Supervisor  will report back to the  Head of Finance and Planning

F. Location

Kigali, Rwanda.

G. Utility Directions

Candidates ought to ship the next paperwork to the next e mail handle: hr@smartafrica.org, with point out of “Finance Supervisor – DTfA/ WARDIP SOP-1” within the topic line:

• An in depth CV
• Copies of educational diploma certificates, skilled accounting certificates, and different related certificates
• A one-page cowl letter with a motivation assertion in relation to the tasks and necessities for this place.

Candidates ought to ship the next paperwork to the next e mail handle: A one-page cowl letter with a motivation assertion in relation to the tasks and necessities for this place.

The deadline for submitting functions is 31 December,2023 at 5:00 PM Kigali (GMT+2) time.

Solely chosen candidates for interview will likely be contacted.

Any late software will likely be robotically rejected.