Finance and Administration Director Jobs at Africa Enterprise Challenge Fund
Finance and Administration Director Jobs
Travel Requirements: This role will require cross-border management and collaboration with limited
travel time of not more than 15%.
Reports to: CEO Department:
Start Date: 2 January 2017
Location: Nairobi, Kenya
“The private sector is crucial to the next phase of development in Africa. AECF is at the heart of this
– Lord Paul Boateng
The private sector is the engine of growth in Africa and in turn a key driver of poverty reduction. The
AECF is an Africa-based $250 million challenge fund that aims to reduce poverty by supporting private
sector businesses that have a positive impact on rural communities in Sub-Saharan Africa.
Specifically, the AECF supports businesses in agriculture, agribusiness, rural financial services and communications
systems, renewable energy and adaptations to combat climate change. The AECF provides catalytic
funding in the form of grants and zero interest loans to businesses that would not otherwise have access
to adequate financing.
The AECF is part of the Alliance for Green Revolution in Africa (AGRA) family and has been supported
by governments (Australia, Canada, Denmark, The Netherlands, Sweden and United Kingdom), and
international financial institutions (Consultative Group to Assist the Poor and IFAD).
The AECF has recently been spun out of AGRA, and is in the process of building itself to become independent development institution. AECF is building a team of leaders to leverage its success to date, with a goal to accelerate the impact of AECF, by doubling the impact of the organization over the course of the next five years.
To date AECF has supported more than 250 businesses across 23 countries in Sub Saharan Africa. These companies in turn have impacted 10 million individuals improving incomes and access to clean sustainable energy.
The Director, Finance and Administration manages the Finance, Contracts and Administration teams,
and has overall responsibility for financial management and oversight, reporting and compliance as well
as setting up, developing and leading AECF’s risk management, contract management, administration,
procurement, human resources and legal functions.
S/he reports to the C.E.O., and is a member of the
AECF executive management team which also includes the Chief Investment Officer and the Director
Strategy and Partnerships.
Finance and Administration Director Job Responsibilities
The Director, Finance and Administration is a member of the AECF Ltd. management team that is
chaired by the CEO and. S/he is expected to manage daily operations of the AECF in line with its
strategic goals, and will be required to:
Planning and Management
- Management of the Finance and Administration group and accountability for its decisions;
- Prepare regular management reports for the CEO on effective forward planning and resource
- Provide quarterly a detailed work plan for the group, with objectives and measurable results.
- Establish and implement effective procedures and manage the direction of all financial obligations,
resource allocations and flow of funds;
- Supervise all accounting, financial and record keeping systems and staff;
- Oversee the management of the budget ensuring targets are met without exceeding budget
allocations and develop procedures to measure cost effectiveness;
- Ensure timely, accurate and transparent financial reporting to donors and other partners as required;
- Ensure AECF’s compliance with relevant accounting standards and reporting in its countries of
- Design, implement and maintain systems and internal controls in order to provide appropriate levels
of security over AECF resources and operations;
Contracts, Office Administration and IT
- Manage contracts, procurement, corporate and other services, including outsourced services;
- Rationalise administrative and office systems through on-going systematic reviews as well as by
strengthening and introducing effective management techniques;
- Develop, and update when needed, a business continuity plan. This includes, but is not limited to,
IT and HR;
- Establish and/or review standard operating procedures and practices for AECF, inter alia,
employment conditions, service or vendor contracts, leasing agreements, fiduciary concerns,
knowledge-based management systems, time and resource allocation management;
- Assist in the overall administration of the network environment and provide regular back up,
maintenance and support, installation of new hardware and software, and provide technical support
to staff in regard to any troubleshooting requirements.
- Ensure effective and regular interface with the investment portfolio group and the strategy and
- Responsible for the upgrading, development and implementation of personnel administration and
staff development policies and procedures;
- Under supervision of the CEO, be responsible for the recruitment, management and performance
evaluation system of staff;
- Oversee the development of a staff training and development plan to ensure maximum investment
returns and long-term cost-effectiveness;
- Develop a professional staff team through timely communication, clarification of objectives, resource
allocation, task definition, monitoring and modification procedures; and
- Participate in management and undertake such duties as assigned by the CEO or as otherwise
designated, including the regular preparation of performance appraisal meetings for staff.
Qualifications for the Finance and Administration Director Job
- 10+ years working experience in a senior role, including responsibility for financial management
and control, at least part of which should have been in sub-Saharan Africa;
- Demonstrated leadership and management abilities, developed in the context of both private
sector and international development organizations, including staff supervision;
- A master’s degree, preferably in business management or a related field;
- English language ability required. French and/or Portuguese language skills highly desirable.
Other priority skills and attributes include
- Passion for, and prior demonstrated interest in, creating positive social impact;
- Demonstrated ability to devise business plans, communications and corporate funding strategies
and translate overall strategies into specific work plans and tasks for line staff;
- Strong sense of responsibility, professionalism, business-minded attitude and thoroughness with an
ability to understand and focus on strategic and competitive advantages in order to maximise
benefits for the organisation;
- High degree of proficiency in current information management, presentation, communication and
networked environment technologies, and self-motivated to acquire new skills in evolving
- Ability to work simultaneously on multiple tasks under intense pressure and tight deadlines while
maintaining a positive and constructive attitude;
- Ability to converse with and influence very senior individuals from the private, government and nonprofit
sectors on the work and philosophy of the AECF;
- Strong research and analytical capacity
- Strong motivation and professional drive with the ability to dedicate considerable time to goal
- Strong inter-personal skills, tact, sense of confidentiality, and ability to work in a cross-institutional
How to Apply
Submission Information: All applications to be submitted to AGRA recruitment through [email protected]by the 7th November, 2016.