Finance Operations at RwandaEQUIP: (Deadline Ongoing)
Working with the Rwandan Government, NewGlobe is partnering to provide a last-mile, integrated solution to transform Rwanda public schools into globally competitive public schools. The programme, titled RwandaEQUIP, will achieve this through using an innovative technology and data-driven platform, coupled with high quality learning materials, effective training and ongoing coaching for teachers and school leaders, and technology-enabled support teams to create 360-degree support for learning outcomes.
RwandaEQUIP builds upon the Government of Rwanda’s previous investments and policy decisions to create a last-mile solution to ensure that this reform translates into improved learning outcomes for students. RwandaEQUIP will ensure that all children of Rwanda have the opportunity to reach their full potential.
Finance Leadership Department
The Finance Department at RwandaEQUIP partners with country and global leadership to achieve financial sustainability of our operations and make our mission come true. We provide strategic partnership to global leadership on raising capital and actionable feedback on our financial performance. We are continually focused on judicious use of resources whether for each one of our territories or for the entire organisation. Across our rapidly scaling multi-unit enterprise, we provide leadership to build a world-class financial infrastructure. This includes the design and development of financial systems, policies, procedures (taking into account current and fast growing high volume transactions, teams, numbers of geographically distributed business units) and provision of shared services for financial operations by a centralized team specializing in Accounting, Accounts Payable, Payroll, Treasury and Financial Planning & Analysis.
About the role
The Officer, Finance plays a critical part of the daily financial life of all Support office functions by ensuring that there is a constant link between the territory office and the Finance Service Centre in India. The role ensures the smooth running of financial aspects of the business from recording pupil receipts to receipt of payment, managing payments, compliance to preparation of management reports.
What you will do
- Think strategically and creatively about RwandaEQUIP International s’ financial direction.
- Review and approve journal entries and adjustments prepared by the Finance Shared Service team before they are posted into the accounting system.
- Work with the finance shared service team ensure revenue reconciliation between systems and its completeness.
- Ensure that office leases are renewed on time.
- Reviewing payments requests for tax compliance before approval by Director, Finance.
- Responsible for maintaining and reporting on all office repairs, actual spend and budget.
- Management of general ledger accounts and ensuring that all postings are correctly captured department wise.
- Drive financial period closing, preparation of monthly financial statements, reconciliations, reports and management notes with the Finance Shared Service.
- Preparation of Finance weekly dashboard.
- Coordinate stock taking on a quarterly basis and reconciliation between actual inventory held and the Inventory ledger, investigating any variances and recommending action.
- Compiling Fixed assets listing for Insurance purposes, ensuring that additions and deletions are done on time in the accounting system and communicated to the insurance company for adjustment.
- Coordinating raising of insurance claims and following up to ensure timely closure.
- Filing of VAT & WHT returns on a monthly basis and ensure payments are made on time when due.
- Ensure timely payment of payroll statutory and other deductions, for example PAYE, NSSF maternity leave,CBHI etc. and filing of returns where required by Finance Shared Service.
- Assist Finance Director in managing statutory audit by ensuring that schedules are prepared on time, audit queries resolved timely in order to mitigate audit overruns.
- Other duties as assigned.
What you should have
- A degree in Accounting, Finance, Economics or a related field
- Excellent academic record and pursuing any accounting professional course such as CPA or ACCA
- At least 1 year relevant work experience in investment banking or corporate finance/accounting; should be used to highly rigorous, complex financial analysis
- Understanding and use of a well-run purchasing and Accounts payable process
- Understanding of the tax requirements for payments made
- Excellent excel skills and proficiency with Microsoft Dynamics (Navision)
- Experience working closely with a company to build financial and operating models at a deep level, particularly on a multi-country level
- Extraordinary attention to detail and highly driven, ambitious attitude towards work
- Strategic financial thinker with an eye for identifying metrics that matter for a business
- Ability to relate well with both internal and external customers and work in teams
- Have a positive approach to ensuring complete customer satisfaction
- Highly innovative, with excellent analytical skills and ability to meet strict deadlines
- High integrity, IT literacy and excellent attention to details
- Ability to plan, manage own workload in order to meet tight deadlines
- Proactive and self-motivated with excellent communication skills
- Confident and flexible team player with great ability to work closely with non-finance team members within a multicultural environment
You Are Also
- A detailed doer – You have a track record of getting things done. You’re organized and responsive. You take ownership of every idea you touch and execute it to a fine level of detail, setting targets, engaging others, and doing whatever it takes to get the job done. You can multi-task dozens of such projects at once and never lose sight of the details. Likely, you have some experience in a start-up or other rapid-growth company.
- A creative problem-solver – Growing any business from scratch comes with massive and constant challenges. On top of that, RwandaEQUIP works in often fragile, sometimes volatile low-resource communities and with complex government systems. You need to be flexible and ready to get everything done effectively, quickly, and affordably with the materials at hand.
- A relentless advocate – The children we serve and teachers we empower never leave your mind. You know them, get them, have shared a meal with them (or would be happy to in the future). You would never shrink back from shaking a parent’s hand or picking up a crying child, no matter what the person was wearing or looked like. Every decision you make considers their benefit, experience, and value.
- A malleable learner – You believe you can always do better. You welcome constructive criticism and provide it freely to others. You know you only get better tomorrow when others point out where you’ve missed things or failed today.
- A data-driven decision-maker – When making decisions, you don’t rely on your intuition alone. You collect data, you analyze it and make decisions with clear justifications.
A curious investigator – You ask why a lot. You don’t just take what you see and accept it. You wonder why it is that way, and are aware that the world we see is created by human choices and actions – and it could be different. You wonder, and see the world as wonderful even when you want to change a part of it that is unjust.
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