
Director of Grants Financial Management – Reporting
Posted 10 hours ago

Posted 10 hours ago
This is a fully remote position, open to applicants in Kenya.
• Oversee the financial setup of new awards, which includes establishing budgets, funding structures, and reporting calendars.
• Monitor grant expenditures against budgets, analyze discrepancies, and notify program teams of any risks related to over- or under-spending.
• Manage modifications to grant budgets, no-cost extensions, and the closure processes with donors.
• Ensure the allowability of grant expenses and the accurate application of revenue recognition, restricted-fund accounting, and indirect cost entries.
• Implement Fika's approved indirect cost rate and methodology for awards.
• Coordinate the recording of transactions related to grants, including invoicing, cash reporting, and revenue releases.
• Maintain adherence to donor regulations and translate award terms into clear financial obligations.
• Collaborate with the Senior Director of Compliance on compliance policies while managing financial execution and reporting.
• Develop systems to monitor actual expenses by award and create funder-ready financial reports.
• Prepare and submit donor financial reports punctually and in the required formats.
• Address donor finance inquiries and assist with donor audits and verification exercises.
• Lead financial due diligence and the establishment of sub-award agreements with appropriate controls.
• Oversee sub-recipient spending, review financial reports, and follow up on any questioned costs.
• Enhance sub-recipient financial management capacity through guidance and training.
• Act as the finance point of contact for grant-specific external audits.
• Coordinate audit preparations and drive the resolution of audit findings.
• Train program, grants, and country finance staff on donor requirements and grant processes.
• Strengthen grant tracking tools, reconciliations, and month-end award-related practices.
• Lead the grants finance team, including Senior Grants Finance Officers and Grants Finance Analysts.
• A bachelor's degree in Accounting, Finance, Business Administration, or a related field.
• A minimum of 8 years of relevant experience, including at least 5 years in grant financial management or grant compliance.
• Extensive working knowledge of grant rules and regulations.
• Familiarity with FCDO, UN, and major foundation requirements is highly preferred.
• Proven experience in sub-award management, including due diligence, monitoring, and closeout processes.
• Strong skills in grant accounting: revenue recognition, restricted funds, reconciliations, and financial statement preparation.
• Advanced proficiency in Excel.
• Experience with Sage Intacct or similar ERP systems is preferred.
• Excellent communication skills with the ability to articulate complex donor requirements to non-financial colleagues.
• Experience working across diverse cultures and time zones.
• Proficiency in French or Portuguese is an advantage.
• Detail-oriented, solutions-focused, and capable of managing multiple awards and deadlines concurrently.
• Willingness to travel internationally to country offices approximately 15-20% of the time.
• Flexible work arrangements.
• Comprehensive support for mental and physical wellness.
• Annual salary reviews in line with Fika's compensation policy.
• Opportunities for professional development.
• Targeted development programs.
• International travel to country offices approximately 15-20% of the time.
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