The Head of Finance and IT plays a critical country senior leadership role in shaping the financial health,
technological advancement, and operational integrity. Reporting directly to the Country Director,
this role is responsible for driving strategic financial planning, ensuring
robust fiscal stewardship, and embedding strong ICT systems that enable program
excellence and innovation.
The
role will ensure provision of financial
performance insight, support for financial planning, donors and funds
management and assurance over the financial control environment in accordance
with the Organizationand donor
financial management framework as well as compliance with accounting standards
and statutory reporting requirements.
This role ensures financial integrity and is
instrumental in supporting program development
and delivery through robust financial
systems and technology management.
Responsibilities
Strategic Management
·Contribute to strategic leadership and implementation
of the country strategy by providing financial insights and analysis to help
the senior management team prioritize initiatives, assess potential projects,
and evaluate the financial viability of strategic options.
·Lead on developing and implementing financial plans
and budgets aligned with the organization's goals and objectives. This involves forecasting
revenue, managing expenses, and ensuring financial sustainability - maintaining
oversight of the country programme funding position and grant management.
·Provide financial analysis and insights to support the
Business Development team in assessing potential business opportunities. This
includes evaluating the financial feasibility and risk factors associated with
new projects, partnerships, or programme integrations.
·Ensure that the organization financial strategies align with its overall business development goals. This
will involve financial guidance and expertise to help the Business Development
team make informed decisions and prioritize initiatives that contribute to organization’s strategic agenda.
·Provide strategic management and develop a top
performing financial planning and analysis finance team. Manage work
allocation, systems training, performance evaluations, and the building of an
effective and efficient finance team. Support capacity building of organization’s staff and partner organisations in areas of financial
management and reporting.
Financial Management
·Conduct regular financial analysis to assess organization’s financial performance, prepare accurate and timely
financial reports, including income statements, balance sheets, and cash flow
statements as well as identify areas of improvement, and provide reports to
senior management.
·Monitor and manage cash flow, ensuring that funds are
available to meet financial obligations and sustain daily operations. This
includes optimizing cash inflows, managing cash outflows, and implementing
effective cash flow forecasting.
·Support and review the development of concepts and
financial plans for funding proposals and monitor expenditure against grant
agreements, working with the senior management team to resolve issues as
necessary.
·Support the completion of new and potential partner
capacity assessments, making recommendations on whether to engage in a
partnership arrangement with such partners as well as identifying risk
management plans, partner financial management capacity needs and plans where
required.
·Develop and implement procedures for assessing the
value for money that organization obtains in all its activities to identify cost
savings and ensure financial efficiency and value for money principles are an
integral part of the Country Programme activities.
Internal Controls:
·Develop, implement and maintain financial management
procedures, risk assessments and robust internal control measures to safeguard
organisation assets, financial integrity and to ensure compliance with organization’s overall policies, good practice standards, external
donor requirements and national laws and regulations, identifying corrective
measures as required.
·Working in collaboration with the Head of business
development, oversee the financial aspects of grant and donor management. This
involves tracking grant budgets, ensuring compliance with funding requirements,
and providing financial reports to donors.
·Ensure all existing and potential donor income is
accurately incorporated into organization’s internal planning process, and plans
are in line with donor requirements and organization policy and practice.
·Work with Programmes to review progress during organization’s internal review processes including variance analysis
of grant outputs and expenditure.
·Highlighting key risks related to grant-funded
projects, such as under/over- spends, delayed delivery of commitments, capacity
gaps, and donor relationships.
Audit and Statutory Reporting
·Facilitate and coordination of both internal and externalannual statutory audits to ensure timely and unqualified
audit opinions.
·Key liaison with internal and
external auditors, manages the resolution of audit findings an
monitor progress.
·Oversee submission of
regulatory financial reports, including tax filings, where applicable.
Partner Due Diligence and Support:
·Due
diligence assessments in alignment with organizational policies.
- Ensure high quality implementing partners monitoring visits with programme staff are
conducted on a regular basis and that financial assessment reports are
produced on a timely basis.
- Work with internal teams and partners to identify capacity needs
and build capacity in financial management
·Capacity
building to partner organizations to strengthen accountability and compliance.
Compliance Management
·Ensure compliance with relevant financial statutory
requirements, and accounting standards by maintaining up to date knowledge of
financial risks. Additionally, support the organization’s governance
structure by providing financial information and insights to organizationGlobal internal Audit.
·Ensuring compliance with organization financial policies and procedures, donor rules and
regulations and proactively stay at the forefront of financial management
practice.
- Global and regional policies and procedures:
oversee the rollout, including staff training, of global policies and
procedures in the country
- In-country policies and procedures: oversees the
development and implementation of up-to-date financial and administrative
systems, policies, procedures and guidelines to support in-country
operations and ensure compliance of organization’s global standards and donor
requirements.
ICT and Applications Support Oversight Management
·Provide
strategic direction and oversight for all ICT functions, ensuring systems and
tools are responsive to operational needs, scalable, and aligned with
organizational growth.
·Lead
the design and implementation of digital transformation initiatives ie ICT4D to
improve program delivery, data management, and operational efficiency.
·Ensure
ICT infrastructure is secure, resilient, and compliant with data protection
standards and cybersecurity protocols.
·Supervise
the ICT Manager in optimizing IT service delivery across the departments and
supporting innovation across the organization.
Talent Management and Capacity Building
·Lead the recruitment,
development, and retention of finance staff.
·Design and implement a
structured capacity-building program to enhance internal finance capabilities.
·Develop and maintain a
succession plan to ensure continuity of leadership in the finance function.
·Act as a coach and mentor,
providing technical guidance and professional development to team members.
Requirements
Knowledge and Experience
·A
Master’s degree in finance, accounting, or related studies
·Fully
completed professional Financial/Accounting qualification CPA or ACCA and
active member of NBAA Tanzania
·Minimum
of ten (10) years’ experience in financial, accounting and grants management
experience of which seven (7) must be at senior management level, and
preferably in a regional or international NGO
·Knowledge
of the sector and the financial management issues specific to it an advantage
·Knowledge
of International Financial Reporting Standards, IPSAS, Control standards and
the reporting requirements of major international grant donors
·Knowledge
of international donor reporting requirements; demonstrable experience in
strong donor and partner relations and the ability to build and maintain strong
working relationships with donors
·Knowledge of government policies
and regulations on financial management and taxation.
·Experience
in IT oversight, systems implementation, and digital transformation initiatives
is highly desirable.