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Wezesha Mzawa Microfinance Jobs 2024Finance Manager
Finance Manager at Wezesha Mzawa Microfinance September 2024
Opportunity Job Title: Finance Manager
Type of employment: Full-time
Location: Dar es Salaam
Reports to: Director of Operations
Preferred start date: October 2024
Our organisation:
Wezesha, meaning “Empower” in Swahili, is a digital health non-profit with offices in the US and Tanzania. Our vision is to create a world where citizens and governments build high quality public services together. We’re on a mission to empower and connect citizens and governments to transform public services through digital engagement platforms.. We have begun this mission in the health sector in Tanzania. We are supporting the Government to develop a digital feedback service for citizens using healthcare facilities.
This service provides healthcare decision-makers with actionable insights into care quality to influence management decision-making and drive improvements in service delivery.
We are inspired by rigorous academic research which shows that citizen feedback can deliver significant improvements in health outcomes.
Over the next 3-years our goal is to support the government to scale the platform nationally, embed it within the government healthcare system and expand into two new markets and sectors. Our vision is to become a valued digital health partner elevating the voices of citizens across multiple countries and impacting the lives of hundreds of millions of people.
Our team brings together diverse experiences across tech, government, public health, social enterprises and business. We are supported by international partners, world-leading academics and organisations focused on government innovation. We value innovative thinking and inclusive decision-making. We believe professional development is achieved through a mindset of adaptability, ownership and getting things done.
Position Summary:
The Finance Manager will be responsible for managing all financial aspects of the organization, including payments, budgeting, financial reporting, grants management, and ensuring compliance with donor and regulatory requirements. The ideal candidate will have a strong background in nonprofit finance, exceptional analytical skills, and the ability to work in a fast-paced, evolving environment.
Key Responsibilities:
Financial Planning & Analysis:
○ Develop and maintain the organization’s budget, including forecasting and variance analysis.
○ Provide strategic financial advice to the CEO, Director of Operations, and the senior management team.
○ Prepare monthly, quarterly, and annual financial statements and reports.
Accounting & Compliance:
○ Oversee day-to-day accounting functions, including accounts payable and accounts receivables.
○ Ensure compliance with local laws, regulations, and donor requirements.
○ Manage external audits and prepare the necessary documentation for auditors.
○ Ensure accurate and timely filing of all financial reports and tax returns.
○ Reconcile bank statements, accounts, and grant-related transactions to ensure the accuracy and completeness of financial records.
Grants Management:
○ Monitor and report on the financial status of grants, ensuring compliance with donor requirements.
○ Prepare and submit grant financial reports in accordance with donor timelines.
○ Work with program managers to develop budgets and financial reports for new grant proposals.
○ Maintain grant files, documentation, and records in accordance with grantor and organizational requirements.
Cash Flow & Risk Management:
○ Manage the organization’s cash flow to ensure adequate liquidity for operations.
○ Identify financial risks and develop strategies to mitigate them.
○ Manage relationships with banks, donors, and other financial institutions.
Leadership & Development:
○ Work closely with other departments to ensure financial practices are aligned with organizational goals.
Competencies and experience
Type of employment: Full-time
Location: Dar es Salaam
Reports to: Director of Operations
Preferred start date: October 2024
Our organisation:
Wezesha, meaning “Empower” in Swahili, is a digital health non-profit with offices in the US and Tanzania. Our vision is to create a world where citizens and governments build high quality public services together. We’re on a mission to empower and connect citizens and governments to transform public services through digital engagement platforms.. We have begun this mission in the health sector in Tanzania. We are supporting the Government to develop a digital feedback service for citizens using healthcare facilities.
This service provides healthcare decision-makers with actionable insights into care quality to influence management decision-making and drive improvements in service delivery.
We are inspired by rigorous academic research which shows that citizen feedback can deliver significant improvements in health outcomes.
Over the next 3-years our goal is to support the government to scale the platform nationally, embed it within the government healthcare system and expand into two new markets and sectors. Our vision is to become a valued digital health partner elevating the voices of citizens across multiple countries and impacting the lives of hundreds of millions of people.
Our team brings together diverse experiences across tech, government, public health, social enterprises and business. We are supported by international partners, world-leading academics and organisations focused on government innovation. We value innovative thinking and inclusive decision-making. We believe professional development is achieved through a mindset of adaptability, ownership and getting things done.
Position Summary:
The Finance Manager will be responsible for managing all financial aspects of the organization, including payments, budgeting, financial reporting, grants management, and ensuring compliance with donor and regulatory requirements. The ideal candidate will have a strong background in nonprofit finance, exceptional analytical skills, and the ability to work in a fast-paced, evolving environment.
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Key Responsibilities:
Financial Planning & Analysis:
○ Develop and maintain the organization’s budget, including forecasting and variance analysis.
○ Provide strategic financial advice to the CEO, Director of Operations, and the senior management team.
○ Prepare monthly, quarterly, and annual financial statements and reports.
Accounting & Compliance:
○ Oversee day-to-day accounting functions, including accounts payable and accounts receivables.
○ Ensure compliance with local laws, regulations, and donor requirements.
○ Manage external audits and prepare the necessary documentation for auditors.
○ Ensure accurate and timely filing of all financial reports and tax returns.
○ Reconcile bank statements, accounts, and grant-related transactions to ensure the accuracy and completeness of financial records.
Grants Management:
○ Monitor and report on the financial status of grants, ensuring compliance with donor requirements.
○ Prepare and submit grant financial reports in accordance with donor timelines.
○ Work with program managers to develop budgets and financial reports for new grant proposals.
○ Maintain grant files, documentation, and records in accordance with grantor and organizational requirements.
Cash Flow & Risk Management:
○ Manage the organization’s cash flow to ensure adequate liquidity for operations.
○ Identify financial risks and develop strategies to mitigate them.
○ Manage relationships with banks, donors, and other financial institutions.
Leadership & Development:
○ Work closely with other departments to ensure financial practices are aligned with organizational goals.
Competencies and experience
- Vision and values: Passionate about our vision and our organizational values.
- Leadership and ownership: Demonstrated ability to deliver in positions of organizational responsibility and leadership. Able to independently plan, drive forward and manage day-to-day responsibilities.
- Communication: Clear and proactive in both verbal and written communication.
- “Growth mindset”: Consistently demonstrates the desire to grow professionally. Being willing to provide, request, and receive feedback and coaching.
- Finance expertise: Experience and knowledge of nonprofit financial management, accounting principles, regulations, and best practices. Minimum 5 years of experience
- Grants management: Experience with grants management and donor reporting is highly desirable.
How to Apply:
This is Full-time Job, Interested candidates are invited to submit their CV, a cover letter detailing their relevant experience, and a writing sample of an academic/research paper or report they have authored to career@wezesha.or.tz by 18th October 2024. Applications will be reviewed on a rolling basis until the position is filled.
Wezesha is an equal-opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
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