Controller Nairobi, Kenya

Shuraako Capital is an international NGO whose mission is to provide growth capital and support services to small- and medium-sized enterprises in fragile and conflict-affected settings. We currently manage the Nordic Horn of Africa Opportunities Fund, a $28 million Sharia-compliant debt fund in Somalia, and are preparing to expand in the Horn of Africa and francophone west Africa. Shuraako Capital believes that, with the right support, small and medium-sized enterprises can be a driving force for peace and prosperity in their countries.

Full-time

The hiring range for this position is $ 5 , 5 00 to $ 7 , 5 00 per month.

Vice President, Horn of Africa

This position is located in Nairobi, Kenya and will require travel within the Somali region and Horn of Africa.

The Controller leads the accounting team in providing critical decision support at all levels of the organization through accounting, financial reporting, and other financial modeling. This position provides a risk management voice to leadership regarding policies and operational decisions. The position oversees the team in designing and implementing timely accounting and financial reporting essential in the support of business and strategic decisions, and for monitoring the performance of the organization’s programs and supporting services.

Functionally, the Controller is responsible for maintaining highly functioning accounting, treasury, and statutory and management reporting systems and adherence to policies. The Controller will regularly provide high quality, timely data and analysis for strategic decision support.

The Controller provides innovative solutions for emerging financial management needs.

This position communicates with a diverse staff in multiple locations using email, video and audio conference technology. This position must be able to communicate and collaborate effectively globally.

• Responsible for the preparation of financial statements and schedules for the Boardand Investor sand meet regularly with members of management to review financial information.
• Coordinate and lead the annual budget process.
• Coordinate with
  
  PAX sapiens andRCSstafftoprepareconsolidatedfinancialreportsonaquarterlybasis.

• Maintain and develop internal controls to safeguard the assets of the organization and global adoption of policies and procedures.
• Ensure compliance with Generally Accepted Accounting Principles (GAAP), internal controls, established policies and procedures, and ensure integrity, suitability,accuracy and timeliness of internal information.
• Design, implement, and continuously assess the adequacy and effectiveness of internal control systems.
• Identify internal control weaknesses, gaps, or inefficiencies and lead to corrective actions.
• Perform internal audits of the field offices twiceperyear.
• In collaboration with the Compliance and Risk Manager, oversee and ensure that all Murabaha documentation is properly executed, approved, and archived,maintainingaccuraterecords and supporting organizational transparency.
• Ensure Murabaha transactions comply with Sharia principles, internal policies, investor guidelines,and regulatory requirements.
• Monitor Murabaha payment schedules, profit recognition, collections, and settlements
• Identify risks and implement mitigation strategies in support of the organization’s risk register creation and monitoring process.
• Overseecompliancewithpayroll-relatedregulationsfor
  
  Somali region and Kenyanpaidemployees.

• Directtheorganization’saccountingunitandfunctions,includingtheestablishmentand maintenance of the organization’s accounting principles, practices, procedures, and initiatives.
• Planandmanagemonthendclosingprocesses,financialstatementspreparation,external audit(s), annual taxfilingsand other statutory reporting requirements.
• Facilitate audits of grant funding.
• Ensure appropriate consolidation of trial balances.
• Determinationrevenuerecognitionbasedongrantawardorcontractrequirements,applying FASB ASC 958 and ASC
  606, as applicable.
• In collaboration with the…