Finance Coordinator, Uganda
Who We Are!
🌍 Africa has the world’s youngest and fastest-growing population. By 2035, the continent is poised to contribute more people to the global workforce each year than the rest of the world combined. At Educate! we're obsessed with impact. We leverage iterative learning to build highly scalable youth employment solutions aimed at unlocking the potential of the world’s youngest continent.
Educate! prepares youth in Africa to learn, earn and thrive in today’s economy by:
- Introducing an employment-focused school subject into secondary and
- Delivering livelihood Boot Camps for out-of-school youth, with a focus on marginalized rural girls and young women.
So far, we’ve impacted over 250,000 youth across Uganda, Rwanda, and Kenya—and the largest youth employment and skills provider in East Africa. Our team of over 250 largely African staff and 300 volunteer mentors is passionate about creating meaningful change. Plus, 50% of our top 30 leaders have been with us for over five years! 🎉10+ alumni have started their organizations and 6 current or former team members were Acumen Fund East Africa fellows.
Global organizations like Imaginable Futures, Big Bang Philanthropy, #startsmall, Generation Unlimited, CIFF and Echidna Giving have backed us and support our mission! In 2022, we received a catalytic investment from philanthropist Mackenzie Scott to scale our systems change work.
Educate!'s long-term vision is to design solutions that measurably impact millions of youth across Africa each year. By 2025, we’re on track to quadruple our reach and impact 400,000 youth annually. Want to join us on this journey?
Position Overview
Educate!, an award-winning non-profit social enterprise, is seeking a Finance Coordinator to work in our finance department in Uganda. You will be part of the finance team at Educate!. You will be responsible for cash flow planning to ensure sufficient funds in-country at all times. You will also be responsible for all disbursements on all the various payment platforms in use from time to time managing relationships with key stakeholders. Finally, ensuring timely filing and payment of taxes and other statutory obligations as well as leading collaborative efforts between Finance and the rest of the organization.
You will work closely with the Finance Manager to ensure timely preparation of monthly financials and BVAs. You will also collaborate closely with product teams and field staff to optimize finance systems and processes. You will report to the Finance Manager.
Performance Objectives
Disbursements - 50%
- Timely processing of all payments.
- Advising staff on proper procedures for the various types of payments.
- Liaising with banks, aggregators and digital payment platforms to ensure smooth payment processing.
- Liaising with procurement and product teams to ensure set payment days are adhered to.
- Following up with approvers and bank signatories.
Compliance with Statutory Requirements - 20%
- Filing of taxes & NSSF by the 27th of every month.
- Timely filing of LST.
- URA Ledger review to ensure nill ledger balances at all times
Cash Flow Planning & Forecasting – 20%
- Sourcing and preparation of cash projections from all departments.
- Preparation of cash requests from the US office.
- Exchange rate negotiations with bank treasury teams.
Trainings - 10%
- Training staff on finance procedures and processes.
- Orientation of new staff.
- Do feedback sessions on finance for both field and office staff.
Qualifications
- Dynamic experience highly preferred, with demonstrated ability to operate well in complex and fast-changing environments
- 4+ years of work experience, with 2+ years of experience in finance and accounting and financial analysis.
- Financial integrity and budget management experience.
- Solid experience in finance and accounting and financial analysis.
- Passion for Educate!’s mission is a must, but past work in education or youth development is not required. We value diverse perspectives and encourage applications from people with a variety of backgrounds.
- Fits our Five Cultural Tenets (see What is Educate! About? below); Learn more by looking at Educate!’s culture deck here
What We Offer đź’Ľ
- A vibrant, mission-driven environment with a supportive and fun team.
- Flexibility— Hybrid work environment with at least 3 days in our awesome Nairobi office (If working from the Nairobi office)!
- Competitive salary based on experience.
- Healthcare coverage for you and your dependents, work laptop, Internet & call stipend
- Learning & growth opportunities
- This is a Fixed term contract with a possibility of extension based on performance
Application Process: Rolling basis, interviews happening soon!
Our Culture & Tenets(Values) 🌱
We’re ambitious. Are you? Educate! is growing fast, so new opportunities are opening up and expanding all the time. We’re inspired by people with drive, and we love to help them reach their full potential. We expect everyone at Educate! to contribute above and beyond their job description, grow their skills, and advance their careers, and we are committed to supporting our staff members on that journey of their careers, and we are committed to supporting our staff members on that journey.
- We put Youth First, Impact-Obsessed - We are purpose-driven, focused on impact, and prioritize what truly matters. We listen to youth, design our efforts around their needs, and ensure every dollar creates transformative experiences they value.
- We Exceed Expectations - We take pride in going above and beyond to achieve the best results—proactively identifying problems and seeking solutions without waiting or stopping at what's requested.
- We Are Always Learning - We are committed to seeking and applying new knowledge and ideas. We stay open-minded and continuously try new things, experiment, grow, and improve. We invest in learning for ourselves and our teams.
- We are One Team, Many Views - We value all individuals, believe diverse ideas and open dialogue drive excellence, foster a supportive and respectful environment where everyone can freely express themselves. We work as one team and prioritize the organization's mission over personal or team interests.
- We have the Startup Mindset - We innovate relentlessly to grow our impact, we never think “we have arrived” or “we’re done.”We constantly challenge the status quo, embrace change, and move quickly toward our vision. Unafraid of failure, we question anything that hinders progress.
Every person at Educate! — from interns to the executive director — is evaluated by how they live up to these five cultural tenets. They are at the core of how we achieve our mission and why we work as well as we do. Educate is committed to providing an inclusive and welcoming environment for all who interact in our community. In creating this environment, we encourage people from a variety of cultures, backgrounds and life experiences to join our diverse team.
We’re committed to ensuring all candidates are screened for child and youth safety. As part of the process, you’ll need to provide a Certificate of Good Conduct. Educate! reserves the right to withdraw employment offers if any risks to youth are identified.
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