The posting
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 Organization and 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 external annual 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 organization Global 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.
