Head of Finance (Remote)

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African Development Choices (ADC) a UK-based Social Enterprise on a mission to reduce poverty by empowering communities to make more informed choices in the management of public finances.

ADC’s purpose is to enable communities to independently meet their needs for essential services, such as clean water and safe sanitation and improve lives in Africa.

At ADC we encourage a working culture of seeking and giving input, showing and taking initiative, and commitment to the organisation and its purpose.

Main purpose of job: Develop and implement effective financial strategies in order to optimise the organisation’s financial performance and strategic position.

Division: Operations

Department: Finance

Position reports to: Chief Operating Officer (COO)

Position is responsible for: TBC

Main Duties and Objectives:

• Lead the strategic and operational financial planning of the organisation by analysing and reporting on financial performance and risk management, ensuring compliance with statutory and regulatory financial reporting requirements
• Ensure that the organisation is financially sound by advising on the best path of growth and assisting in organisation-wide forecasting and budgetary planning
• Develop and manage financial systems and control, using the accounting software Xero and ensure that all controls are adhered to at all times
• Oversee payroll, internal audit and tax functions, as well as the preparation of the organisation's financial accounts to ensure that these are presented and filed accurately and on time
• Provide leadership in applying for pre-seed funding from impact investors with the aim of financing our revenue-generating initiatives in line with our strategic objectives as a Social Enterprise
• Help to define market relevant value propositions for consulting services to generate revenue for the organisation
• Take responsibility for monitoring cash flow and expenditure, maintaining a healthy financial position, as well as engaging with investors and enhancing investor confidence
• Participate in the development of business planning tools to steer the organisation towards long-term financial health and sustainability
• Contribute fully to the development of organisation strategy across all areas of the business, challenging assumptions and decision-making as appropriate and providing financial analysis and guidance on all activities, plans, targets and business drivers
• Manage the life cycle of individuals within the team from pre-recruitment to exit, including performance management processes
• Ensure that team members are given opportunities for training and career development by working with HR to support the capacity building planning

Knowledge, Skills, and Experience:

Essential

• Fully qualified accountant with over 10 years of senior level managerial experience in finance
• Proficiency in accounting software and accounting principles
• Track record of providing financial advice and support to help senior executives make key decisions
• Demonstrated leadership ability, including the ability to build and develop a team of highly motivated and well qualified staff/volunteers to achieve results
• Ability to actively take initiative and help set things up in a start-up environment
• Ability to actively seek and give input in a collaborative team environment
• A committed team player with good communication skills
• Available to volunteer at least 7-10 hours a week

Desirable

• Experience as a Head of Finance
• Experience of setting up a finance department
• Experience working in an early stage star-tup and gone through a scaling phase · Passion for the start-up life and comfortable in a role with a little ambiguity

What ADC offers you:

This is a volunteer, remote and unpaid position with the following benefits:

Professional learning and career development opportunities.
An opportunity to build on your work experience within your profession.
An opportunity to be part of a diverse team representing different parts of the world, that is changing lives in Africa.
An opportunity to help shape a start-up social enterprise.
We will provide work reference for you.

This job description is a written statement of the essential characteristics of the job, with its principal accountabilities, incorporating a note of the skills, knowledge and experience required for a satisfactory level of performance. This is not intended to be a complete, detailed account of all aspects of the duties involved.

Here at African Development Choices, we celebrate diversity, equity, and inclusion. Our teams are made up of people from all over the world and we welcome all applications. If you are disabled or have a long-term health condition, and you require any reasonable adjustments for your application with us, please let us know by contacting recruitment@africandevelopmentchoices.org.