Finance Associate – LEAP Programme at Chancen International
The Finance Associate will be responsible for managing and
overseeing all financial aspects of the LEAP Programme. This role focuses on
financial planning, reporting, compliance, and portfolio management to ensure
accuracy, transparency, and efficiency in financial operations. The role
requires strong financial expertise, analytical ability, and experience in
lending operations.
Key Responsibilities
- Financial
Management & Reporting
- Lead
the preparation and maintenance of accurate financial records, ensuring
compliance with accounting standards and internal policies.
- Supervise
bookkeeping activities carried out by third-party service providers and
ensure timely reconciliation of accounts.
- Prepare
and present financial reports to the Board and investors, including:
- Quarterly
financial statements
- Budget
vs actual performance reports
- Cash
flow projections
- Loan
portfolio performance and risk reports
- Develop
and update quarterly forecasts for disbursements and repayments.
- Monitor
financial performance and recommend corrective actions to meet targets.
- Budgeting
& Forecasting
- Lead
the annual budgeting process and provide periodic variance analysis.
- Manage
cash flow and liquidity planning to ensure operational sustainability.
- Support
long-term financial planning for programme growth.
- Portfolio
& Loan Management
- Oversee
and report on loan portfolio performance, including repayment trends and
arrears management.
- Collaborate
with loan collection service providers to ensure accuracy in:
- Loan
reconciliations
- Outstanding
balances
- Repayment
schedules
- Provide
data-driven insights to improve collection efficiency and portfolio
quality.
- Compliance
& Audit
- Ensure
timely compliance with statutory and regulatory requirements (e.g., KRA
filings, audits).
- Serve
as the main point of contact for auditors and regulatory bodies.
- Maintain
proper documentation and internal controls to meet legal and governance
standards.
- Systems
& Process Improvement
- Enhance
financial systems and processes to improve accuracy, efficiency, and
transparency.
- Leverage
tools like Xero Accounting Software and Excel for reporting automation and
data analytics.
- Board
Engagement & Governance
- Prepare
financial reports, briefing notes, and data packs for Board and Funders
meetings.
- Coordinate
with the management team to ensure all financial information required for
Board decision-making is accurate and timely.
- Support
the Board in reviewing financial performance, compliance matters, and
portfolio health.
Qualifications & Experience
- Minimum
5 years’ experience in finance, accounting, or lending operations
(preferably in microfinance, consumer finance or SACCO).
- Professional
accounting qualification (CPA, ACCA, or equivalent) strongly preferred.
- Proficient
in Xero Accounting Software and advanced Excel skills.
- Proven
experience in financial reporting, budgeting, and portfolio management.
- Bachelor’s
degree in Finance, Accounting, Economics, or related field.
Student Application & Monitoring Trainee Intern at Chancen International
Main Responsibilities:
The Intern’s role will be to support the Student Application
& Monitoring team by:
- Supporting
outreach activities including but not limited to tertiary education
institution visits, Information and Pre-graduation sessions with students
among others.
- Supporting
the Student Application & Monitoring Manager and the CHANCEN team in
administrative activities.
- Support
the Student Application & Monitoring in assessing the accuracy of the
data collected from students’ applications during the onboarding process.
- Support
in filing all student Members’ documents in the proper files and sharing
with the Supervisor for checks.
- Working
closely with the wider CHANCEN International team to ensure good
collaboration.
- Prepare
all materials and documents needed for any education institution visits,
education fairs or events that CHANCEN will be taking part in.
- Support
the Student Application & Monitoring team to conduct the ISA contract
signing process between CHANCEN and the student applicants.
- Support
the coordination and scheduling of home visits in collaboration with the
program team.
- Perform
any other tasks assigned by the Supervisor.
Requirements
- Bachelor’s
degree in Education, Social Sciences, Business Administration, Development
Studies, or related field
Experience
- Minimum
2 years of administrative or customer service experience
(internships, part-time work, or volunteer experience acceptable)
- Experience
working with students, young people, or in educational settings
(preferred)
- Previous
involvement in outreach, or community engagement activities (preferred)