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  • Posted: Apr 5, 2024
    Deadline: Apr 7, 2024
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    FATE Foundation is a not-for-profit organisation established in March 2000 by Fola Adeola (Co-Founder & Pioneer MD/CEO, GTBank) with a mission is to foster wealth creation by promoting business and entrepreneurial development among Nigerians. With a focus on helping Nigerian entrepreneurs start, grow and scale their businesses through a combined approach of...
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    Finance & Investments Manager

    • The ideal candidate will oversee all aspects of the end-to-end financial operations, including accounting, budgeting, forecasting, tax management, risk management and investment management, as well as serve as a member of the FATE management team and a key collaborator, providing financial expertise and guidance to the finance and fundraising committee, management team and program staff across FATE Foundation key divisions.

    Key responsibilities will include:

    • Deploy advanced financial analyses and financial modelling to simulate economic scenarios and determine the present and future financial condition of the Foundation.
    • Ensure compliance with federal, state, and local tax agencies and other key regulatory bodies including necessary reporting, filing and compliance standards.
    • Develop and manage monthly and annual budgets and forecasts, monitoring expenditures and ensuring compliance with budget guidelines.
    • Manage all financial operations, including accounts payable and receivable, payroll, and general ledger entries.
    • Stay abreast of changes in financial regulations and accounting standards, adapting procedures accordingly within the not-for-profit sector in line with global leading standards.
    • Manage and oversee the preparation of monthly bank reconciliation statements and ensure the resolution of issues that may arise.
    • Manage and oversee the Foundation’s investment initiative, while ensuring optimal returns and upholding the organization's ethical investment policies.
    • Cultivate relationships with key team members to ensure appropriate budgeting and reporting for FATE grant funded programs.
    • Manage the integrity of data, risk reporting, portfolio metrics, risk framework ratios, and risk-return measurement, focusing on derivatives and security financing.
    • Collaborate with key stakeholders to develop business cases demonstrating a clear return on investment for FATE Foundation.
    • Ensure that expenditures/transactions are authorized in line with the Foundation’s approved financial authority limits.

    Qualifications & Requirements

    • A minimum of 5 years of financial management experience with at least 2-3 years’ managerial experience.
    • Experience with investment management and a strong understanding of investments principles.
    • A good knowledge of statutory, legal, and regulatory frameworks and corporate governance.
    • Proficient in financial modelling and analysis software, particularly QuickBooks.
    • Strong analytical and problem-solving skills.
    • Proficiency in the use of technology and Microsoft Office productivity tools.
    • Ability to maintain a high-level of integrity and confidentiality.
    • Ability to effectively handle multiple tasks/priorities simultaneously.
    • Very good organization and time management and negotiation skills.
    • Excellent communication and interpersonal skills, with the ability to collaborate effectively with diverse stakeholders.
    • Commitment to the mission and values of our non-profit organization and a very good business acumen, maturity & tact.
    • Ability to stick to time constraint and a keen eye for detail.
    • A bachelor’s degree in Accounting, Economics, Statistics, or any relevant finance-related discipline from an accredited university.
    • A professional certification (ACA, CFA, ACCA) is compulsory.
    • A non-profit or development sector background is an advantage.

    Benefits

    • Exciting, inspiring, and growth-focused work environment.
    • Opportunity to meet with innovative entrepreneurs and impact Nigeria’s entrepreneurial ecosystem.
    • Opportunity to build your digital and financial literacy skills.
    • Intentional learning & development opportunities.
    • Opportunity to develop and sharpen your personal leadership and communication skills.
    • Hands-on learning experience, strong job ownership, career and professional growth opportunities

    Method of Application

    Interested applicants should send their CV and cover letter to talent@fatefoundation.org

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