The Funda Wande reading for meaning pilot programme was incubated by the Allan Gray Orbis Foundation Endowment (AGOFE) in 2017. Following early policy and practice success, Funda Wande was established as separated legal entity with the AGOFE as its founder member. The organisation focuses on initiatives that aim to improve early grade literacy and numeracy in the South Africa, through exploring with scalable interventions. Currently, Funda Wande is working closely with Eastern Cape, Limpopo and Western Cape provincial education departments through implementation of integrated workbook approach, teacher training and development and evidence base research. The organisation’s vision is ensuring all South African children are able to read for meaning and calculate with confidence by the age 10.
The entity has been supported by the Endowment for financial management and accounting under a shared services arrangement. Further developments in the wider philanthropic group have resulted in an assessment of shared services, with a focus on transactional services, and the assessment of the needs of the Funda Wande entity, recognising the growth in Funda Wande, and now requiring a full time Financial Manager role. There will be continued support in transactional finance from the existing Endowment shared service team and transitioning to the new Allan & Gill Gray Philanthropy shared service team during 2022.
Responsibilities
Financial Management and Operations
Develop, align and implement effective financial management policies, procedures and systems for the Funda Wande in collaboration with the Finance Functional Forum.
Ensure compliance with fiscal, legal and regulatory requirements, including any external financial reporting requirements
Develop and manage the budget and forecasting process for programs and projects within Funda Wande.
Preparation of detailed monthly management accounts and related schedules. During the transition to the new shared services team, there will be remaining month end close process responsibilities.
Support the Executive team with regular financial reports and guidance on financial implications of their decisions,.
Support budget holders with monthly budget versus actual analysis reports, including explanation for variances.
Provide quarterly reports for Board meetings.
Provide quarterly reports to AGGP Finance team for consolidation of results.
Support effective cash management through regular forecasts and monitoring of operational requirements.
Manage the annual audit process as well as compilation of the Annual Financial Statements.
Support the Funda Wande Annual reporting process with financial reports, and regular reports to the Funders.
Managing and supporting Funda Wande Management in compliance with relevant fiscal, legal and regulatory requirements.
Managing key relationships and service level agreements with service providers.
Implement end to end financial accounting processes to ensure efficient and effective control and provide training and guidelines to the Funda Wande team.
Stay abreast of all finance related policy changes and provide recommendations for implementation as necessary.
Program Finance
Conduct financial due diligence on business opportunities as created and facilitated by the Funda Wande program
Financial analysis on funding requirements for the Funda Wande program
Support the Funda Wanda program regarding financial and funding opportunities arising from programmatic outcomes
Job Requirements:
Strong interest in field of basic education with an understanding and deep interest in the South African educational landscape
Knowledge of the Nonprofit Funding landscape in South Africa
Experience:
Experience within a non-profit and / or start up environment advantageous
You have 7+ years’ experience in a senior accounting or finance role
You have proven leadership skills and are able to work in a effectively in cross functional teams
Education:
A full CA(SA) / ACCA or equivalent qualifications with an undergraduate university degree in Accounting/Finance /Business
Skills and Competencies:
Judgement
Attention to Detail
Stewardship
Planning and Organising
Service Orientation
Teamwork
Communication skills – written and verbal
Able to work on multiple assignments
Applications:
To apply please click here to upload your CV and a 1-page motivation letter.
Closing date: 25 February 2022
For any additional enquiries please email [email protected]