Finance Head

Role & responsibilities

Institutional Building and Compliance

• Works closely with the Executive Director to build robust policies and systems for Finance & Grants
• Responsible for accounts receivable, accounts payable, cash management, budget management and control, MIS, budget preparation, fixed asset management, grant management, project monitoring and reporting, financial information systems, financial statement preparation, taxation, statutory compliances, and payroll
• Work with the finance and grants team and program staff to ensure that key processes and systems are in place to manage grant risk assessments, donor financial compliance, and reporting management processes
• Ensuring internal controls for all the project expenses and smooth & timely payments cycles for all the eligible payments
• To set internal control mechanisms to be followed by the research team in grants and finance management, thereby ensuring sound financial health
• Communicates and promotes non-profit industry standards that ensure that grant programs are consistent with LEADs mission, strategic priorities and donor intent
• Strengthens LEADs capacity to respond to financial challenges and streamlines compliance and accounting procedures so programs can flourish
• To be representative to the donors to clarify on any matters arising out of grants and finances over and above the routine operations

Overall Finance and Grant Oversight

• Ensure grants and contract budgets align with institutional budgets and forecasts. Liaise with relevant Vertical Heads to ensure that across programs there is financial continuity, consistency, accuracy, and adherence to processes. Inspects and validates that accurate and complete database records are maintained for grants and sub-contracts in an automated Information Management System;
• Alerts program staff to prepare required reports to public funders and assists with development and submission
• Coordinate with the program divisions to ensure compliance with due dates for submission of budget, technical and programmatic reports to all donors including federal agencies and private funders
• Closely monitors grant performance with the donors and report it to the ED and senior leadership for any key findings
• Periodical alerts to the vertical heads if there is a gap foreseen in the Project finance/grants management and work with relevant team towards getting the situation under control;
• Ensure that any realignment of activities are financially translated and any gaps with the budgets are highlighted to the program team and agreed with the donor.

Strategy and Forward-thinking

• Ensure continuous monitoring of the financial health of the organisation and periodically report it to the Leadership Team;
• Develops financial reports and dashboards related to LEAD ats restricted & unrestricted revenue and grant-making that informs and empowers the Executive Team to make data-driven decisions and projections;
• Develops a robust finance and grants strategy for fundraising;
• Reviews and monitors grants and finance routine operations;
• Develops annual budgets and forecasts for the organisation including all verticals.

Preferred candidate profile

• Strategic planning abilities;
• Executive problem-solving, the ability to organise and manage complex functions;
• Excellent written and verbal communication are required.

Perks and benefits