Terms of Reference for Finance Officer
About CDP
The Center for Development Policy (CDP) is a Pan-African and non-partisan think tank headquartered in Rwanda, with a focus on SSA countries. CDP is officially registered with the Rwanda Governance Board (RGB). The center exists to contribute to the development of African countries through policy analysis, research, and capacity strengthening. CDP prioritizes evidence-based development solutions and promotes local and empirically tested interventions that address the real needs of Africa’s population and contribute to the continent’s inclusive development. We work with local partners to study, document and share lessons and best practices that influence development outcomes in Africa. Our uniqueness is that we not only offer policy advice and analysis to organizations but also build their capacities through training and technical support to undertake evidence-informed development interventions. Our areas of research include but are not limited to financial sector development, environmental and climate change, gender and women empowerment, agriculture, disability, digitalization, labour and employment, poverty, inequality and social protection; trade and regional integration, migration and development. These areas are delivered by a diverse pool of experts – both local and international associates as well as research fellows who have extensive experience in Africa’s development contexts, challenges and prospects. We so far boast of 25 experts with PhD, PhD candidates and other subject experts with graduate degrees with extensive industry experience pertinent to Africa’s development. CDP has a subsidiary consulting wing (CDP Consult Ltd) that focuses on consultancy services to our partner organizations and other clients for internal financing of the organization. For detailed information about our work, please refer to our website: www.cdpafrica.org.
Vision
We aspire to be a source of credible evidence and expertise that drive inclusive development in Africa.
Mission
We influence development outcomes by promoting evidence-based interventions that reflect the real needs of African citizens driven by capable organizations.
About the Position
The Finance officer will manage and oversee the financial operations of Center for Development Policy and its subsidiary, CDP Consult Ltd. Main duties will include, but are not, limited to maintaining accurate financial records, preparing and analyzing financial reports, ensuring compliance with Rwanda financial and tax regulatory standards. This role will play a critical role in managing and reporting financial transactions of CDP and grant-funded project financial transactions, ensuring compliance with funding requirements.
Key Responsibilities
- Maintain the financial health of the organization.
- responsible for day-to-day finance and accounts operations.
- Provide financial reports and interpret financial information to the senior management team while recommending further courses of action.
- Keeping abreast of changes in financial regulations and legislation in Rwanda.
- Follow up and manage all CDP accounts and MTN mobile Money Accounts;
- Prepare timely financial statements, annual financial and budget plan with the consultation of the Executive Director;
- Manage filing of the electronic and hard copies of the financial documents and reports;
- Follow up the management and the maintenance of all CDP assets;
- Assist, follow up and oversee the CDP procurement of goods and services;
- Follow up and oversee all other daily operations of CDP such as security, cleaning, refreshments, and utilities;
- Manage and report the financial operations of CDP consultancy wing
- Develop mechanism for monitoring and controlling budget utilization of CDP activities;
- Optimize payment orders in line with different project budget;
- Manage CDP’s financial accounting, monitoring and reporting systems and ensure all reports are shared with the senior management team in a timely manner;
- Perform full set of accounts and ensure timely closing of accounts;
- Ensure timely preparation of the monthly, quarterly and annual financial reports, as well filling of non-bankruptcy with Rwanda Development Board;
- Develop external relationships with appropriate contacts, e.g. auditors, bankers and statutory Institutions;
- Make sure all Finance data has been entered into our accounting system (quick book) in a timely manner;
- Ensure timely preparation of all monthly and quarterly returns and other taxes;
- Ensure the timely preparation of the monthly payroll in compliance with all statutory taxes as per Rwanda tax law.
Qualifications
- Bachelor’s degree in accounting, Finance, being enrolled in the CPA or ACCA certification is an added advantage
- 2 years of experience in accounting or financial management roles, with demonstrated proficiency in financial reporting and analysis
- Strong knowledge of accounting principles, budgeting, financial regulations, and taxation laws in Rwanda;
- Proficiency in accounting software (QuickBooks online or Desktop) and MS Office suite, with advanced skills in Excel for financial analysis.
Preferred Skills
- Strong written and presentation skills
- Ability work effectively using agile project management framework
- Advanced analytical and problem-solving abilities.
- Creative and innovative mindset
- Cultural awareness and sensitivity to navigate diverse business environments.
- Ability to work independently and in a team setting.
- Flexibility and adaptability to rapidly changing situations.
- Strong coaching and mentoring skills.
- The ability to think strategically.
- Knowledge of French language is added value.
What We Offer
- Work with talented, diverse and diverse team of experts;
- CDP is a Launchpad to building exceptionally African experts through on-job training, mentoring and coaching;
- You will tap wider varieties of skills, expertise from a pool of researchers and experts;
- Intentional planned and dedicated training and coaching for career growth
- Improve your professional exposure and network;
- You will be trained, coached and mentored based on your career interests and path;
- Your performance will determine professional mutual benefit between you and CDP;
- Opportunities for professional growth and development.
How to Apply and Important Dates
- You can submit your application for the position and your resume, accompanied by your academic documents to the following e-mail: info1@cdpafrica.org. Keep your Resume to a maximum of 2 pages and a 1-page cover letter.
- Submission Deadline: 8th August 2024
Job Location
- This position can be based in Kigali, Rwanda with potential travel to the field within Rwanda as needed.
- Fast-paced, dynamic work requiring adaptability and resilience.
Equal Opportunity Statement
Center for Development Policy is an equal opportunity employer committed for developing and raising African talents into global competitive experts in their fields. We celebrate diversity and are committed to creating an inclusive environment for all employees, where individuals from all backgrounds are given opportunities for career growth and decent employment.
