Partner, Financial Planning & Analysis – Kenya – 2024

Partner, Financial Planning & Analysis – Kenya – Mastercard Foundation

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Job Details

• Position: Partner, Financial Planning & Analysis
• Location: Kenya
• Type of Job: Full-Time
• Job Category: Financial Planning & Analysis
• Reporting to: Lead, Financial Planning & Analysis
• Application Deadline: January 6, 2025

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About Mastercard Foundation

Mastercard Foundation envisions a world where everyone has the opportunity to learn and prosper. Through initiatives such as the Young Africa Works strategy and the Canadian EleV program, the Foundation partners with organizations to ensure that millions of young people—especially young women—gain access to quality education, financial services, and dignified employment.

Established in 2006, the Foundation operates independently with its own Board of Directors and CEO, driven by the mission to transform lives and create inclusive opportunities for youth empowerment across Africa.

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The Work at the Foundation

The Young Africa Works strategy aims to empower 30 million young people across Africa by enhancing their access to dignified and fulfilling employment. The Foundation operates through regional offices in Kenya, Rwanda, Ghana, Senegal, Ethiopia, Nigeria, and Uganda, collaborating with governments, private sectors, educators, and funders to:

• Improve the quality of education and vocational training.
• Equip young individuals with essential workforce skills.
• Expand access to financial services for entrepreneurs and small businesses.
• Facilitate meaningful connections between job seekers and employment opportunities.

Values: The Foundation is guided by core values that encourage bold ideas, curiosity, and a commitment to impactful work.

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The Opportunity

The Partner, Financial Planning & Analysis will support critical financial planning processes, including budgeting, forecasting, and management reporting, while collaborating with internal teams to enable informed financial decision-making.

This position offers the opportunity to drive operational efficiency and shape the Foundation’s financial strategies.

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Key Responsibilities

As the Partner, Financial Planning & Analysis, you will:

• Lead Budgeting Processes:
  • Manage key components of the annual budgeting process, including operating expenses, pipeline, commitments, and disbursements.
  • Collaborate with functional teams to develop budgets and forecasts.
• Monitor and Forecast Financial Performance:
  • Track progress against the annual budget and oversee the quarterly forecasting process.
  • Consolidate budget and forecast data for senior management review and multi-year planning.
• Risk Analysis and Decision Support:
  • Identify financial risks and opportunities, providing effective solutions.
  • Conduct ad hoc financial analyses for internal and external purposes.
• Management Reporting:
  • Analyze year-to-date results, including variance analysis, and prepare management reports.
  • Maintain and create reporting dashboards to enhance management visibility.
• Cross-functional Collaboration:
  • Work with leaders across functions to provide financial expertise.
  • Develop policies, procedures, and training to improve financial management capabilities.
• Governance Support:
  • Prepare Finance and Accounting materials for Board meetings.
  • Review financial figures included in cross-team materials.

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Qualifications and Skills

The ideal candidate for this role will possess:

• A Bachelor’s degree in Finance, Accounting, or Business Administration, coupled with a CPA or CA certification.
• A minimum of 5 years of experience in financial roles within large not-for-profits, NGOs, or global organizations.
• Proficiency in financial planning and analysis, including budgeting, forecasting, and management reporting.
• Expertise with financial modeling, report automation, and data visualization tools.
• Strong understanding of CRA regulatory requirements for not-for-profit organizations.
• Exceptional analytical, strategic thinking, and problem-solving skills.
• Demonstrated ability to simplify and enhance operational processes for efficiency.
• Advanced proficiency in Microsoft Office applications. Knowledge of French and/or local languages is a plus.
• Outstanding interpersonal skills with a commitment to fostering collaboration and continuous improvement.
• A flexible, adaptable approach to managing job duties and changing priorities.
• Strong verbal, written, and presentation skills with cultural sensitivity.

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Why Join Mastercard Foundation?

Mastercard Foundation offers a collaborative and inclusive work environment where employees are encouraged to:

• Contribute to transformative initiatives that empower young people and drive sustainable impact.
• Leverage their expertise in a dynamic organization focused on continuous learning and innovation.
• Be part of a mission-driven team that values integrity, curiosity, and bold thinking.

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Apply Now for Partner, Financial Planning & Analysis

Interested candidates are invited to submit their applications before January 6, 2025. To apply:

• Visit the official Mastercard Foundation website or press the [APPLY FOR JOB] button at the bottom of this page.
• Ensure your application highlights your qualifications, skills, and alignment with the Foundation’s mission.

We are an equal opportunity employer and are committed to attracting and retaining the best employees from all backgrounds. Only shortlisted applicants will be contacted.

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Expertly Crafted Sample Cover Letter

[Your Name]
[Your Address]
[City, State, ZIP Code]
[Your Email Address]
[Your Phone Number]
[Date]

[Recipient’s Name]
[Company Name]
[Company Address]
[City, State, ZIP Code]

Dear [Recipient’s Name],

I am excited to apply for the position of Partner, Financial Planning & Analysis at Mastercard Foundation. With a proven track record in financial planning, budgeting, and analysis, I am eager to contribute to the Foundation’s mission of empowering young people and fostering sustainable impact.

In my previous role as a [Your Previous Job Title] at [Your Previous Company Name], I successfully managed [specific achievements, e.g., multi-million-dollar budgets, forecasting processes, or strategic financial initiatives]. My expertise in [specific tools or systems, e.g., data visualization, financial modeling, or automation tools] aligns perfectly with the demands of this role.

Key highlights of my experience include:

• Leading the annual budgeting process for [specific figures/organizations], ensuring accurate forecasts and actionable insights.
• Developing policies and procedures that enhanced operational efficiency and improved cross-departmental collaboration.
• Implementing innovative dashboards to provide management with real-time financial data for strategic decision-making.

I am inspired by Mastercard Foundation’s commitment to creating dignified employment opportunities and its focus on transformative growth across Africa. I am particularly excited to bring my expertise in financial decision-making and strategic planning to advance the Young Africa Works strategy.

Thank you for considering my application. I look forward to the opportunity to discuss how my skills and experiences align with Mastercard Foundation’s goals.

Sincerely,
[Your Name]