Nonprofit Remote Digest - Issue #618

New Incentives runs a conditional cash transfer (CCT) program in North West Nigeria (Jigawa, Katsina, Zamfara) which disburses cash incentives to caregivers conditional on infants receiving four vaccines: BCG (against tuberculosis), PENTA (against diphtheria, tetanus, whooping cough, hepatitis B and Haemophilus influenzae type b), PCV (against pneumococcal disease), and MCV (against measles).

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Featured Job

We use cash transfers to increase immunization rates in Nigeria...

Childhood vaccines prevent an estimated 2 to 3 million deaths every year. They are recognized as one of the most cost-effective child health interventions in low-income countries...

Director of Finance

Job Summary

New Incentives implements the All Babies program, a program aimed at reducing preventable childhood deaths through routine vaccinations. The All Babies program encourages caregivers to complete a series of potentially life-saving childhood immunizations for their infant by providing them with a small cash transfer after each vaccine is administered. We currently operate in North West Nigeria, where childhood immunization rates are low. A randomized controlled trial (RCT) found strong evidence that the program significantly increases vaccination rates.

We are seeking growth-oriented individuals who can lead our US and Nigeria accounting, finance, and tax reporting functions through our next phase of growth as transaction volume increases significantly.

Role

The Director of Finance will report to the Chief Executive Officer, while working with Accounting and Finance team members at New Incentives, as well as audit and tax filing firms external to our organization. The Director of Finance will oversee financial analysis and reporting, strategies to reduce program unit costs, adherence to accounting and finance procedures across teams, gift acceptance, financial and tax reporting to government agencies, insurance programs, and publication of online financial updates. There will be significant opportunity to grow within our organization as New Incentives continues to expand.

Job Responsibilities

• Supervise accounting and finance personnel

• Reduce program costs per infant enrollment by expanding unit cost analysis, improving internal financial reports to other teams, and by analyzing the organization’s performance and risks

• Recommend cost saving measures by identifying areas of over expenditure

• Process large payments and oversee foreign currency exchange

• Retain constant awareness of the organization’s financial position and act to prevent problems

• Oversee the organization’s cash transfer, expense management, and financial systems and integrations across multiple currencies

• Review and reinforce financial policies, controls, and internal compliance

• Ensure adherence to external financial laws and regulations

• Oversee US and Nigeria external audits, tax filings (including annual filings), and internal control operations

• Contribute to financial analysis and reporting

• Review budgets and provide recommendations for performance-based bonuses

• Expand the organization’s forecasting capabilities to align with organization objectives

• Oversee gift acceptance and donation processing

• Prepare timely and detailed reports on financial performance on a monthly, quarterly and annual basis

Requirements

This is a remote position and the role can be based anywhere worldwide.

• Education: You hold a Bachelors (BSc/BA) in accounting, finance, or relevant field. A Master’s degree, CPA, or other relevant qualification is a plus.

• Experience: You have 5 or more years of relevant and substantial work experience, including two years of proven experience as director of finance or similar role, preferably in an organization with an international entity.

• Mindset: You have a data-driven mindset and are an analytic operator.

• Management: You can deliver output with limited supervision. You have excellent organization and leadership skills.

• Communication: You possess outstanding communication and interpersonal abilities. You enjoy collaborating with team members both within the finance team and across other teams.

• Technical Skills: You possess in-depth knowledge of GAAP, IFRS, as well as nonprofit finance and accounting principles, laws, and best practices. You have a solid knowledge of financial analysis and forecasting.

• Proficient in the use of Google Sheets and Xero, experience with Spotlight Reporting a plus.

What you can expect from this role

• An opportunity to work with an innovative team that was recently recognized as one of the most cost-effective charities in the world.

• A job that will directly lead to many lives saved.

• A challenging role where your abilities will lead to material change.

• Working under the direct supervision of the Chief Executive Officer.

• An opportunity to work with an accountable and passionate team.

• A healthy work-life balance.

• The flexibility of working remotely.

• A position with significant growth opportunities

We invite applicants who are highly motivated, driven, and have demonstrated a good fit with the organization's principles of accountability, diligence, data-driven decisions, and excellent time management. In this role, you will receive significant responsibility and will be responsible for delivering consistently. This role is only for those who are able to meet the challenges of a quickly growing organization running a pioneering conditional cash transfer program with unique execution. If you succeed in this role, there will be significant opportunities to grow.

How to Apply

All submissions should be made through breezy.hr by filling out this Google Form questionnaire (mandatory) on or before 11.59 pm ET on 25 August 2021. Candidates will be considered on a rolling basis and are encouraged to not wait until the deadline as decisions for this position could be taken sooner.