Grants Accountant Job in Kenya

 Job Title: Grants Accountant

Hiring Organization: Fairtrade
Location – Locality: Nairobi
Location – Region: Kenya
Industry: Certified Producer
Job Type: Full Time
Salary: KES Competitive
Date Posted: 01/22/2024

To ensure that donor funds are utilized for the intended projects and programmes within FTA and external partners. To process transactions and maintain financial and accounting records in accordance with donor requirements.

Key Duties And Responsibilities:

Grants & Partner Management


Ensure departments comply with all donor rules, regulations, and award conditions to ensure funds are used for the intended purpose.

Monitor deposits & money transfers and maintain balances to ensure project needs are met.

Ensure all costs related to the grant are charged to avoid overspending and underspending within projects.

Monitor budget spends and account for any variances.

Participate in grant proposal development and extensions and provide technical support in development of grant budgets

Monitor financial performance for grants and produce reports according to donor reporting requirements

Manage preparation, consolidation and distribution of timely monthly, quarterly and annual financial statements reflecting status of projects and or programs based on donor requirements

Facilitate the transfer of funds to partners, monitor fund utilization and ensure partners understand and complete the financial reports.

Carry out periodic review of internal control environment affecting both program and support operations for potential risk exposures

Monitor compliance with grant funding requirements and provide appropriate guidance to programme and partner staff including allowable and non-allowable costs, grant closeout, preparation of budget modifications and requests for carry over or extensions as needed.

Consolidate regular progress reports from the projects managers and provide donor reports. Ensure donor rules are adhered to and reporting instructions followed

Regularly review of partner organization’s reports and provide them with documented feedback ensuring they comply with FTA Financial Management Guidelines

Manage timesheets

Financial Management

Post and review all expenditures and transactions in Oracle, according to programme and projects budgets and FTA’s internal financial procedures

Ensure that all information required for audit is available including financial reports and schedules

Review payments, journal entries, cost allocations and other postings into accounting system and ensure proper coding, data quality and integrity of all accounting/financial transactions

Analyse risk areas in internal controls and recommend mitigating measures

Carry out monthly reconciliations of partner accounts.

Ensure all partners /staff comply with the Internal control procedures at FTA.

Qualifications

A Bachelor’s degree in Finance, Accounting or in a related field

Professional accounting qualification such as CPA-K, ACCA

Experience and Knowledge

At least 3 – 5 years’ experience in a similar position in an international non-governmental organization

Experience in managing large donor-funded budgets and donor reporting

Knowledge of grants management, donor contracting, monitoring of expenditure, budgeting, donor/financial reporting.

Experience working with a multitude of donors/funding partners.

Experience in enforcing internal financial procedures

Skills

Good command of spoken and written English

Proficiency in the use of accounting systems, in particular Oracle NetSuite.

Advanced book-keeping skills, including the ability to analyse financial information and prepare complete financial statements.

Strong financial planning and management skills.

Ability to analyze and synthesis complex information quickly and effectively.

Strong networking and relationship building ability; ability to work with a range of stakeholders, internal and external, including senior staff and donors.

Advanced excel skills

How To Apply

Completed applications should be saved in the applicant’s name and the position (Grants Accountant) and be e-mailed to recruitment@fairtradeafrica.net