Job details

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 💼

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 2-year contract with a possibility of extension

Application Process: Rolling basis, interviews happening soon!

Our Culture & Tenets(Values) 🌱

At Educate!, we pride ourselves on living by the Tenets:

We’re ambitious.
We put Youth First
We are Impact-Obsessed
We Exceed Expectations

We’re ambitious, youth-first, and driven by impact. We always strive to exceed expectations, continuously learn, and push for innovation. We’re one team with many perspectives, and we welcome people from all backgrounds to join us.

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.

Educate! Glassdoor Company Review

4.1

Educate! DE&I Review

4.2

CEO of Educate!

Boris Bulayev

Approve of CEO

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What You Should Know About Finance Coordinator, Uganda, Educate!

At Educate!, we're launching a search for a Finance Coordinator to join our dynamic team in Uganda! If you're passionate about impact and have a knack for finance, this position is tailor-made for you. As a key player in our finance department, you'll manage cash flow planning, ensuring our operations run smoothly, and that our mission to empower the youth of Africa thrives. You'll be responsible for processing timely disbursements, guiding staff through our financial procedures, and maintaining vital relationships with banks and other payment platforms. Compliance is crucial, so you will ensure all taxes and statutory obligations are met without a hitch. Plus, your insights will aid in cash flow forecasting while you take on the rewarding role of training your colleagues on finance best practices. With over 250 dedicated team members, Educate! prides itself on fostering a collaborative and innovative environment. We value diverse perspectives, so even if you don’t have specific experience in education or youth development, we still want to hear from you! This is not just a job; it’s a chance to play a pivotal role in transforming the lives of youth across East Africa. If you're ready to help us reach 400,000 young people by 2025, we want you on our team! Let's make a difference together at Educate!, where each day is an opportunity to create a brighter future.

Frequently Asked Questions (FAQs) for Finance Coordinator, Uganda Role at Educate!

What does a Finance Coordinator do at Educate! in Uganda?

As a Finance Coordinator at Educate! in Uganda, your role encompasses cash flow planning, processing disbursements, and ensuring compliance with statutory requirements. You will assist the Finance Manager in preparing monthly financials and collaborate with various teams to optimize financial systems, all while supporting our mission to empower youth.