Director Finance

2 Months ago • 10 Years + • Finance

About the job

Job Description

NewGlobe seeks a Director, Finance with 10+ years of experience to lead financial operations. You'll build systems, manage risk, and support business growth strategies. Experience with fast-growth companies and emerging markets is essential.
Must have:
  • Financial Management
  • CPA or equivalent
  • Emerging Market
  • Hyper-Growth
Good to have:
  • Remote Finance
  • Shared Services
  • Fraud Prevention
  • Data-Driven
Perks:
  • Global Impact
  • Leadership Role
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Who We Are

NewGlobe supports visionary governments to transform public education systems, the cornerstone of a prosperous, equitable, and peaceful society. 

With a comprehensive system transformation platform and data-driven educational services, NewGlobe delivers rapid and dramatic improvements in learning outcomes at state and nationwide scale. Through building impactful partnerships and programmes, NewGlobe ensures that all children have access to an education that will develop their full potential and create a foundation for growth and prosperity. 

NewGlobe leverages more than a decade of educational experience and proven impact in integrated school management, teacher professional development, instructional design innovation, technological system support, child-centered classroom practice, and parent engagement -- all grounded in learning science -- to ensure each teacher is empowered to engage children in transformational learning, and all children have the opportunity to develop to their full potential. Every day, NewGlobe supports governments to solve what were once seen as intractable problems, and by doing so, ensures this generation will be able to grow up to lead more fulfilled lives, while simultaneously building economic prosperity for themselves, their communities, and the globe. 

NewGlobe’s high-touch, intensive professional development programs, along with integrated school management, teacher support, and assessment software, enable schools to succeed. NewGlobe works within state and national curriculum and syllabi, ensuring all children are empowered to learn their own history, and master local content, while being globally competitive in mathematics and languages. The science of behaviour change and the science of learning is at the foundation of all programming. 

NewGlobe works with urgency because youth quickly becomes adulthood and relentlessly because improvement requires continuous problem-solving. NewGlobe is honoured to serve and to help rebuild trust in public systems. 

NewGlobe’s work is all encompassing and will challenge you to use your full mind, and heart, each day. We need bright minds who want to be part of building a new globe -- a more equitable globe -- to join us. 

Finance Department

The Finance Department at NewGlobe partners with country and global leadership to achieve financial sustainability of our operations and make our mission come true. We provide strategic partnership to global leadership on raising capital and actionable feedback on our financial performance. We are continually focused on judicious use of resources whether for each one of our territories or for the entire organisation. Across our rapidly scaling multi-unit enterprise, we provide leadership to build a world-class financial organizationinfrastructure. This includes the design and development of financial systems, policies, procedures (taking into account current and fast growing high volume transactions, teams, numbers of geographically distributed business units) and provision of shared services for financial operations by a centralized team specializing in Accounting, Accounts Payable, Payroll, Treasury and Financial Planning & Analysis.

About the Role

The Director, Finance holds a critically important role at NewGlobe as the executive leading all Finance activities for the programme. The role holder will provide financial leadership to build world-class financial infrastructure for the business. This includes the design and development of financial systems, policies, procedures, taking into account current and fast-growing high-volume transactions, headcount, numbers of geographically distributed business units, and the operations of a multi-country global brand.

The Finance Director is also able to dive deep into details and think at the ground level. He/she should be able to play offense as a business and systems thinker - scalability of the platform, improvements to unit economic and scaling model, global shared services - as well as defense - dealing with leakage, fraud prevention, and air-tight controls in challenging operating environments. The Director, Finance will report directly to the Managing director and is a core member of the leadership team

What You Will Do

  • Build and develop systems - set up highly efficient financial systems that take into account the highly technical payment, cash management, payroll and financial operating systems of  a geographically distributed multi-unit operation. These systems need to be highly efficient or automated, data-driven, transparent and appropriate for emerging market conditions. 
  • Develop financial and non-financial key performance indicators and the appropriate reporting to assess financial and operational performance across the Company. 
  • Ensure that systems and controls are in place to minimize and mitigate risk of fraud/leakage, as well as proactively audit key functions and accounts. 
  • Support business growth strategies by forecasting and assessing the financial impact of key decisions.
  • Maintain budgetary oversight at country-level of all departments within Kenya; work closely with managers and senior executives on budgeting and forecast processes.
  • Management reporting, ensure monthly management reports for group reporting and local reporting  are submitted on time with variance analysis reports and notes.  
  • Risk Management, ensure the company complies with all local statutory requirements, and insurance policies are in place to safeguard company assets. 
  • Management of accounts receivables locally, ensure accuracy of pupils accounts. 
  • Manage the external audit process for financial statements; ensure that the Company is in compliance with internal policies and relevant regulations. 
  • Support investor reporting in provision of relevant financial information for the programme. 
  • Lead the department in recruiting and retaining top staff; manage the development of staff through performance management processes.
  • Other duties as assigned by the managing director or Regional Finance Director

What You Should Have

  • At least 10 years of experience within finance/ corporate finance, including experience as Finance Director
  • Deep experience leading and managing the financial operations and strategy for a Company with hyper-growth and complex challenges across a broad scope of work
  • Degree in a business/finance-related field – e.g. accounting, MBA with a record of top academic performance from a top-tier elite institution.
  • Certified Public Accountant (CPA) or equivalent and a member of a professional body in good standing
  • Strong background in financial management (systems) with a thorough understanding of financial regulations.
  • Experience leading Finance for fast-growth, rapidly-scaling companies is strongly preferred
  • Experience working with remote finance operations - shared services is an added advantage.
  • Confident and flexible team player with great ability to work closely with non-finance team members within a multicultural environment
  • Success operating in environments with a high risk of fraud and leakage, particularly in emerging markets.

You’re also

  • A detailed doer – You have a track record of getting things done. You’re organized and responsive. You take ownership of every idea you touch and execute it to a fine level of detail, setting targets, engaging others, and doing whatever it takes to get the job done. You can multi-task dozens of such projects at once and never lose sight of the details. Likely, you have some experience in a start-up or other rapid-growth company.
  • A creative problem-solver – Growing any business from scratch comes with massive and constant challenges. On top of that, NewGlobe works in often fragile, sometimes volatile low-resource communities and with complex government systems. You need to be flexible and ready to get everything done effectively, quickly, and affordably with the materials at hand.
  • A relentless advocate –The children we serve and teachers we empower never leave your mind. You know them, get them, have shared a meal with them (or would be happy to in the future). You would never shrink back from shaking a parent’s hand or picking up a crying child, no matter what the person was wearing or looked like.  Every decision you make considers their benefit, experience,
    and value.
  • A malleable learner –You believe you can always do better. You welcome constructive criticism and provide it freely to others.  You know you only get better tomorrow when others point out where you’ve missed things or failed today.
  • A data-driven decision-maker – When making decisions, you don’t rely on your intuition alone. You collect data, you analyze it and make decisions with clear justifications.
  • A curious investigator – You ask why a lot. You don’t just take what you see and accept it. You wonder why it is that way, and are aware that the world we see is created by human choices and actions – and it could be different. You wonder, and see the world as wonderful even when you want to change a part of it that is unjust.

#LI-VC1

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