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Finance Officer, 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: 

  1. Introducing an employment-focused school subject into secondary and 
  2. 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 Officer to work in our finance department in Uganda. You will be part of the finance team at Educate!. You will be responsible for enforcing compliance to Educate! procedures, Posting transactions into the accounting software, Staff Imprest advances management as well as other financial administrative tasks. 

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 generate efficiencies in finance. The Finance Officer will report to the Finance Manager.

Performance Objectives

Quickbooks posting - 50%

  • Prepares Journal Vouchers.
  • Enter all journal entries into the accounting software (currently Quick Books).
  • Reconcile ledger accounts.
  • Produce daily transaction posting reports.

 Enforcing Controls and compliance - 20%

  • Ensuring that all payments are fully supported by requisite documentation before filing.
  • Maintained detailed and traceable supporting documentation records for all payment transactions.
  • Ensuring that all staff accountabilities are in line with the updated Common Cost.
  • Flagging any policy compliance issues to the Finance Manager for action. 

Accounts Receivable – 20%

  • Reconciling accountabilities against advances prior to posting to prevent partial accounting.
  • Tracking balances returned from staff and ensuring they are duly banked.

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 
  • 3+ years of work experience, with 2+ years of experience in finance and accounting, 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
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CEO of Educate!
Educate! CEO photo
Boris Bulayev
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Average salary estimate

$40000 / YEARLY (est.)
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$30000K
$50000K

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

Are you ready to make a significant impact with your finance skills? Join Educate! as a Finance Officer in Uganda, where you'll play a pivotal role in shaping the future of youth across Africa! At Educate!, we are dedicated to empowering the continent’s young population by providing innovative solutions that facilitate youth employment and education. In this exciting position, you'll collaborate closely with our Finance Manager and a passionate team committed to transforming lives, all while ensuring the integrity of our financial operations. Your responsibilities will involve everything from posting transactions into our accounting software, QuickBooks, to enforcing compliance with our financial procedures. You'll ensure that all payments are well-documented and maintain thorough records for all financial transactions. Being part of the Educate! family means you'll also contribute to training our staff on finance processes, have opportunities for personal growth, and enjoy the benefits of a competitive salary and supportive work environment. If you are looking for an opportunity where your skills can truly make a difference, Educate! is the place for you. Join us on this journey to unlock the potential of Africa's youth and create lasting change in our communities!

Frequently Asked Questions (FAQs) for Finance Officer, Uganda Role at Educate!
What does a Finance Officer do at Educate! in Uganda?

As a Finance Officer at Educate! in Uganda, you will manage various financial responsibilities, including transaction postings using QuickBooks, compliance enforcement, and accounts management. Your role will support the Finance Manager in preparing financial statements and enhancing financial efficiency across the organization.

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What qualifications do I need to apply for the Finance Officer position at Educate!?

To apply for the Finance Officer role at Educate!, you should have a minimum of 3 years of work experience, including at least 2 years in finance and accounting. Although experience in education or youth development isn't required, a passion for Educate!'s mission is essential. Dynamic experience in fast-paced environments is highly valued.

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What is the work culture like at Educate! for a Finance Officer?

The work culture at Educate! for a Finance Officer is vibrant and mission-driven. You will join a supportive team that emphasizes collaboration and innovation, encouraging you to excel in your role while contributing to youth empowerment across Africa. We value ambition, exceeding expectations, and always putting youth first.

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How will I train others as a Finance Officer at Educate!?

In your role as a Finance Officer at Educate!, you will be responsible for training both existing and new staff members on finance procedures. You'll conduct feedback sessions to ensure understanding and adherence to financial protocols, fostering a collaborative financial environment within the team.

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What impact do Finance Officers have at Educate!?

Finance Officers at Educate! significantly impact the organization's ability to fund and implement youth employment programs effectively. By maintaining financial integrity and ensuring compliance, you directly contribute to the success of our initiatives aimed at empowering Africa’s youth in the workforce.

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What benefits can I expect as a Finance Officer at Educate!?

As a Finance Officer at Educate!, you can expect competitive salary options based on experience, healthcare coverage, a work laptop, internet stipend, and opportunities for learning and growth within a flexible work environment. This role also promises a rewarding experience that aligns with our mission-driven culture.

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What are the performance objectives for a Finance Officer at Educate!?

The primary performance objectives for a Finance Officer at Educate! include posting transactions in QuickBooks, ensuring compliance with procedures, managing accounts receivable, and training staff. Your effectiveness in these areas will support the organization's financial health and overall mission to empower youth.

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Common Interview Questions for Finance Officer, Uganda
Can you explain your experience with accounting software, particularly QuickBooks?

In your response, highlight your hands-on experience with QuickBooks or similar software. Discuss specific functionalities you've utilized, such as posting transactions or generating reports, and how these tasks have contributed to accurate financial documentation and reporting in your previous roles.

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How do you ensure compliance with financial procedures in your work?

When answering, share specific examples from your experience where you enforced compliance. Talk about how you verify documentation, maintain organized records, and communicate any issues to management. This will demonstrate your diligence and proactive approach to ensuring financial integrity.

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Describe a time when you identified and resolved a financial discrepancy.

In your answer, provide a detailed account of a specific situation where you detected a discrepancy in financial records. Explain the steps you took to investigate the issue, how you communicated it to your team, and what the outcome was, emphasizing your problem-solving skills and attention to detail.

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What strategies would you use to train staff on financial procedures?

When discussing training strategies, emphasize the importance of clear communication and practical training sessions. Mention methods like workshops, interactive feedback sessions, and providing written resources, ensuring that staff understand financial processes and the significance of compliance.

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How would you manage multiple financial tasks and deadlines efficiently?

Explain your time management skills and organizational techniques. You can mention utilizing project management tools or creating priorities based on urgency and importance, ensuring that all financial processes are timely and efficient while maintaining high accuracy.

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Why do you want to work for Educate! as a Finance Officer?

In your response, express your alignment with Educate!'s mission to empower youth. Discuss your passion for finance and how you believe your skills can make a meaningful contribution to the organization while participating in exciting projects that create real social change.

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How do you handle feedback and criticism regarding your financial work?

When discussing feedback, emphasize your openness to constructive criticism and your goal-oriented mindset. Explain how you have used feedback to improve your processes in the past and your willingness to adapt and grow professionally based on team input.

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Can you provide an example of how you have contributed to financial efficiency in your previous roles?

Share a specific instance where your efforts led to increased financial efficiency. Discuss the strategies you implemented, such as streamlining processes or improving financial reporting, and the positive impact your actions had on the team's overall performance.

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What do you know about the financial responsibilities of a Finance Officer at Educate!?

Express your understanding of the key responsibilities of a Finance Officer at Educate!. Talk about tasks like managing accounts, transaction postings, ensuring compliance with financial regulations, and how these tasks align with the organization's mission to empower youth.

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What are your long-term career goals as a Finance Officer?

Articulate your career aspirations, indicating how the Finance Officer position at Educate! aligns with your long-term goals. Describe your desire to develop your finance skills while contributing to meaningful change, which ties in with Educate!’s mission and values.

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MATCH
VIEW MATCH
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
SALARY RANGE
$30,000/yr - $50,000/yr
EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
November 27, 2024

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