Finance Manager

Scope of Work:

The Finance Managers responsibilities shall include but not be limited to the following:

A. Financial Management and Budget Administration

• Manage the day-to-day financial operations of GRHEF including budgeting accounting cash flow monitoring and expenditure tracking.
• Prepare and monitor annual budgets workplan budgets and financial forecasts for GRHEF activities.
• Track utilization of facility funds and ensure expenditures remain within approved budgets and funding allocations.
• Support processing and monitoring of payments consultant fees operational expenses and disbursements related to GRHEF activities.
• Maintain accurate accounting records and financial documentation for all facility-related transactions.

B. Financial Reporting and Compliance

• Prepare periodic financial reports management accounts budget performance reports and expenditure summaries for internal and external stakeholders.
• Ensure compliance with InfraCredits financial policies donor requirements and applicable accounting standards.
• Support financial audits and provide required documentation and reconciliations.
• Monitor financial controls and identify any financial risks discrepancies or compliance gaps.
• Ensure proper documentation and filing of all financial records and supporting documents.

C. Transaction and Operational Support

• Support the financial administration of project preparation activities and consultant engagements under GRHEF.
• Review invoices payment requests and supporting documentation for completeness and accuracy.
• Coordinate with transaction teams and consultants on financial processes and reporting requirements.
• Support tracking of project preparation expenditures and operational commitments across the facility.
• Provide financial inputs and analysis to support management decision-making and operational planning.

D. Fund Administration and Monitoring

• Support administration and monitoring of GRHEF funding allocations and utilization.
• Track commitments approvals and disbursements across various workstreams and activities.
• Prepare fund utilization reports and financial dashboards to support management oversight.
• Monitor operational and administrative costs to ensure cost efficiency and accountability.

E. Capacity Building and Knowledge Support

• Support development of financial management templates reporting tools and budget tracking frameworks for GRHEF operations.
• Participate in internal training and knowledge-sharing initiatives on financial management budgeting and compliance processes.
• Contribute to strengthening financial management systems controls and operational processes within GRHEF.
• Document lessons learned and recommendations to improve financial reporting fund administration and operational efficiency.
• Support digitization of financial workflows and improved financial record management systems.

Deliverables:

The Finance Manager shall be responsible for providing the following key deliverables:

1. Financial Reports and Management Accounts

• Monthly quarterly and annual financial reports for GRHEF operations.
• Budget performance and variance analysis reports.

2. Budgets and Financial Plans

• Annual operating budgets and financial forecasts.
• Financial models and projections supporting project and transaction assessments.

3. Financial Management and Operational Support Documentation

• Budget monitoring reports expenditure tracking reports and financial performance analyses for GRHEF activities.
• Financial reconciliations cash flow reports and supporting documentation for operational and project-related financial management.
• Funding utilization and disbursement tracking reports to support effective programme implementation and accountability.

4. Compliance and Audit Documentation

• Accurate financial records and supporting schedules for audits and compliance reviews.
• Internal control and risk management reports.

5. Donor and Stakeholder Reports

• Financial utilization reports and grant accountability documentation.
• Periodic financial updates for development partners and stakeholders.

6. Financial Systems and Process Improvements

• Improved financial templates reporting tools and workflow systems.
• Recommendations to strengthen financial management and operational efficiency.

Expected Outcomes/Results:

The workstream is expected to deliver the following outcomes:

1. Strengthened financial management and operational efficiency of GRHEF.
2. Improved financial planning budgeting and reporting processes across the Facility.
3. Enhanced financial due diligence and project assessment capabilities for housing transactions.
4. Increased transparency accountability and compliance with donor and regulatory requirements.
5. Improved internal controls and risk management systems.
6. Strengthened institutional capacity for sustainable housing finance and transaction management.

Qualifications and Education Requirements:

Candidates for the role should meet the following requirements:

• Bachelors degree in Finance Accounting Economics Business Administration or a related field or equivalent qualification in a relevant discipline.
• Professional qualification such as ACA ACCA CPA CFA or equivalent is mandatory.
• Masters degree in Finance Accounting Business Administration or related discipline is an added advantage.
• Minimum of 57 years of relevant experience in financial management project finance corporate finance or investment analysis.
• Experience working with development finance institutions infrastructure projects housing finance or donor-funded programmes is an advantage.
• Strong understanding of financial modelling budgeting forecasting and financial reporting.
• Familiarity with financial due diligence and transaction support processes.
• Strong knowledge of accounting standards financial controls compliance and audit processes.
• Experience in Internal Control over Financial Reporting (ICFR) implementation and/or monitoring will be considered an added advantage.
• Proficiency in Microsoft Excel financial management systems and accounting software (e.g. QuickBooks Sage 50 ERP systems etc.).
• Excellent analytical communication stakeholder management and report-writing skills.