Mastercard Foundation Latest Job Announcement
POSITION: Finance Consultant, Research & Impact
About the Mastercard Foundation.
The Mastercard Foundation envisions a society in which everyone has the chance to study and flourish. Through its Young Africa Works strategy and Canadian EleV initiative, the Foundation collaborates with partners to ensure that millions of young people, particularly young women, have access to quality education, financial services, and dignified employment.
The Mastercard Foundation was founded in 2006 as a result of Mastercard’s generosity after becoming a public business. The Foundation operates independently, with its own Board of Directors and CEO.
WORK AT THE FOUNDATION
We are now in an exciting era at the Mastercard Foundation as we ramp up the implementation of the Young Africa Works plan, which aims to enable 30 million young people across Africa to find dignified and fulfilling work.
To make the Foundation more accessible to our partners and program participants, we have built offices in Rwanda, Kenya, Ghana, Senegal, Ethiopia, Nigeria, and Uganda. These offices provide substantial in-country assistance for the Young Africa Works initiative. We work with governments, the private sector, educators, and other funders to improve the quality of education and vocational training, prepare young people for the workforce, increase access to financial services for entrepreneurs and small businesses, and connect jobseekers with meaningful employment opportunities.
Our ideals serve as guiding principles, transcending and outweighing all other factors. We sincerely urge you to apply your innovative ideas, curiosity, and knowledge to your job.
If you are an experienced finance expert looking to make a bigger difference, keep reading!
THE OPPORTUNITY
The Consultant, who reports to the Director of Finance Planning and Analysis, will assist the Programs Impact teams and partners in overseeing all financial aspects of program partnerships, such as due diligence, budgeting, controls, contracting, financial reporting, and analysis. The position will also serve as the enterprise’s key finance contact with Program Impact teams.
The successful candidate will work in one of our offices (Kenya, Uganda, Ethiopia, Nigeria, Senegal, Rwanda, Ethiopia, or Ghana).
WAYS TO CONTRIBUTE
- Manage the whole Finance program partner contract cycle, which includes EOI, proposals, contract approvals, due diligence, budget reviews, program execution, and conclusion.
- Educate and teach external partners on budgeting, financial reporting, due diligence, and financial controls.
- Provide financial expertise and assistance to the Programs team in terms of strategy development and implementation, decision support, and value-for-money analysis.
- Maintain accurate financial paperwork, report on commitments, disbursements, and cash flow estimates, and ensure that grant systems are updated with accurate financial information on a timely basis.
- Monitor financial performance after kick-off to ensure that resources are utilized as planned and that adequate financing controls are in place to support program results.
- Consult with finance and accounting colleagues as needed to guarantee compliance with local and international financial rules, as well as proper business controls that protect foundation assets.
- Coordinate and oversee periodic partner reporting processes, ensuring contract compliance and action item closure.
- Troubleshoot financial concerns during program execution and conduct extensive partner capacity evaluations, recommending risk management solutions.
- Drive the annual due diligence assessment, assess partner financial statements and capacity, and keep financial review records.
- Manage analysts and interns, assign duties, and review results to assist with program financial chores.
- Identify opportunities for standardizing and improving finance procedures to increase efficiency.
- Ad hoc financial analysis and assistance with learning, assessment, and risk management operations.
Who Are You?
- A bachelor’s degree or complete accounting qualification is required.
- A minimum of ten (10) years of progressive experience in financial responsibilities within big and/or multinational organizations, preferably in the development sector.
- Excellent analytical skills and attention to detail.
- A working grasp of Financial Internal Control Management.
- Financial reporting and analytical expertise, including budgeting and forecasting.
- Excellent problem-solving and persuasion skills.
- Able to detect and mitigate operational, financial, and business risks.
- Proficient with Microsoft Office products, particularly Excel.
- Capable of creating normal accounting records and financial reporting, as well as determining and implementing appropriate accounting treatments.
- Excellent communicator (verbal, written, and presentation abilities) with the ability to convey knowledge to a wide range of stakeholders across cultures.
- Results-oriented and self-disciplined, with a strong sense of teamwork and a shared purpose to attain lofty goals.
- Flexible, adaptable, intellectually curious, accepting of ambiguity, open to new ideas, and eager to learn and develop.
- Have professional maturity, sensitivity to diverse cultures, and absolute honesty, which exemplify the Foundation’s principles.
- Demonstrates a commitment to the Mastercard Foundation’s values and objectives.
How to Apply for this Mastercard Foundation Job Announcement
Closing Date: Deadline for applications is October 31, 2024.
NOTE:
It is important to keep in mind that employers receive many applications for each job posting and will only select the most qualified candidates. Furthermore, NewsNowGh does not have any influence over the decisions made by employers/recruiters. As a result, we cannot guarantee that sending applications will lead to candidates being shortlisted or selected for a particular position.
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