Deadline of this Job: 26 October 2022
JOB DETAILS:
Good Neighbors is an international humanitarian development NGO founded in Korea in 1991.
It was granted General Consultative Status by the United Nations Economic and Social Council (UN ECOSOC). The aim is to make the world a place without hunger, where people live together in harmony. In Tanzania, it was officially established in 2005 and our efforts work towards creating an environment where children’s rights are protected and sustainable development of communities through empowerment, leadership, and ownership. Good Neighbors Tanzania Mwanza Area Office (GNTZ-MAO) launched its operation in 2009 and our efforts work towards creating an environment where children’s rights are protected and sustainable development of communities through empowerment, leadership, and ownership. Currently, we are supporting two communities in Kome Island in Buchosa District Council and Chifunfu in Sengerema District Council. The project aimed at promoting the accessibility of quality education and health to children from poor families, advocating children’s rights, improving children’s nutritional status, and facilitating children to reach their dreams. Good Neighbors Tanzania Mwanza Area Office is looking for individuals to join our highly motivated team in the following role below.
Position: Accounting Officer
Report to: Administration Manager
Location: Mwanza
Contract Period: Renewable based on performance and fund availability Number of Positions: 1
Objective
Perform a variety of activities in accordance with accounting principles and standards to control the organization’s financial resources and ensure that it complies with all relevant regulations, laws, and reporting requirements. Follow established procedures and guidelines to accurately maintain the organization’s financial records and transactions.
Duties and Responsibilities
Financial Management.
• Recording monthly financial report income and expenditures in an Online Quick book file for every week.
• Preparation of the Monthly Execution which comprises (Budget Vs Expenditure etc) and Year End Financial Report every month before the due date.
• Prepare CDP monthly administration budget requests and final spending through Docswave as per Budget Plan.
• Prepare KOICA and CDP Bank payment vouchers (BPV) in a separate number for every project appropriately with supporting documents through Docswave.
• Writing Bank Income Voucher (BIV) for all funds received by CDP for a respective bank account on every month.
• Establish and implement financial procedures in line with organizational requirements.
• Documentation of all KOICA and CDP spending, filling in chronological order.
• Any other related office duties as may be assigned by the authority including finance work.
Logistics and Procurements
• Preparation of the Evaluation Report which was conducted during the tendering process.
• Preparation of contracts and service agreements of different vendors, and regularly checking if there is a need for contract extension or termination.
• Preparation of the Annual Procurement Plan and updates on Quarterly bases (if required) through Docswave by Planning logistical activities through monthly, quarterly & yearly plans & budgets
• Establish a clear procurement plan ensuring that requests are managed effectively ensuring sufficient time is provided to complete all necessary processes
• Manage and ensure all deliveries to each required field are completed effectively and all supplies are accounted for. Manage the delivery of goods/services to GNTZ ensuring the team correctly accounts for all items. Ensure all procurement follows the organizational procurement procedures and all orders are made correctly with the right authorization
• Prepare proper records of Assets and inventory and update disposal Plans as necessary through docswave by using Asset Check Out Request, Asset damages, Theft Report form, Asset /material Request form in the store, and Asset Custodian Form.
• Ensure proper use, monitoring, and supervising regular maintenance and protection of all assets including vehicles, computers, generators, phones, printers/copiers, etc.
• Ensure equipment are adequately and timely maintained, documented (tagged) and usage is in adherence with the guidelines.
• Ensuring that all documents relating to all purchases are filed appropriately and procedurally before submission for approvals and payment.
• Manage office inventory, quarterly update of inventory sheet by making sure are well and properly tagged and report to PM, Manager and Managing Director then submit to HO through Docswave.
Competencies and Qualification
• Bachelor’s or degree in Accounting or Finance, or a similar field of study; Logistics and Procurement skills will add advantages.
• Minimum of 4 years of professional relevant experience with accounting, administration, financial analysis, and finance reporting
• Excellent knowledge and skills in accounting software, Quick Book package, and Excel.
• Excellent skills in the use of Microsoft Excel, MS word, and PowerPoint
• Fluency in both English and Kiswahili.
• Ability to prioritize and schedule work
• Ability to communicate effectively both oral and written.
• Team supervision and excellent organizational skills
• Ability to work in an international and multi-national environment.
• Well-organized, and resourceful with good planning and problem-solving abilities.
• A team player, flexible, quick-thinking, and able to work well under pressure. (Ability to meet multiple deadlines.)
• Commitment to the Organization’s vision, mission, values, and goals.
• Commitment to abide by Good Neighbors Tanzania Staff Terms and Regulations.
• Qualified applicants are highly encouraged to apply for this post
Mode of Application
Interested and qualified Tanzanians are invited to send their applications with an enclosed Cover letter showing your competence and why you want to work with Good Neighbors Tanzania.
• Most recent Curriculum Vitae containing the complete names of candidates, and active and complete addresses (postal, email, phone); together with names and active contact details of three referees.
• Deadline for application is not later than 26th October, 2022.
• Only shortlisted applicants will be contacted through their active mobile numbers and emails.
• Good Neighbors Tanzania will not be responsible for transport or/and accommodation during the interview, there will be no refund for the expenses incurred.
Deadline of this Job: 26 October 2022
JOB DETAILS:
The Regional Director of Finance for Africa is a critical role supporting Compassion’s mission to serve more children, more quickly for over 300,000 children across 10 countries.
This director leads the finance function to provide budgeting, financial analysis, and related services to the organization. The primary purpose of this position is to provide direction through subordinate managers and 38+ regional staff to a major sub-function or geographic region of the ministry. This responsibility includes hiring, discipline, and termination, as well as, coaching, performance management, assigning, checking, and approving work to achieve global strategies and objectives. The incumbent collaborates with other senior leaders and contributes to the development of functional strategy and makes decisions based on operational strategy and priorities.
Responsibilities
• Maintains a personal relationship with Jesus Christ. Is a consistent witness for Jesus Christ, maintains a courteous, Christ-like attitude in dealing with people within and outside of Compassion, and faithfully upholds Compassion’s ministry in prayer.
• Acts as an advocate to raise the awareness of the needs of children. Understands Christ’s mandate to protect children. Commits to and prioritizes child protection considerations in all decision-making, tasks and activities across the ministry. Abides by all behavioral expectations in Compassion’s Statement of Commitment to Child Protection and Code of Conduct. Reports any concerns of abuse, neglect or exploitation of children through Compassion’s internal reporting process and appropriately supports responses to incidents if they occur.
• Capability to serve as a member of The Board of Directors.
• Provides leadership, planning and consultation to subordinates, executives, and peer management in the successful alignment of assigned department resources to ensure achievement of operational priorities and initiatives, integrating priorities within organizational strategies to ensure that department’s purpose is fulfilled.
• Compiles or prepares and administers the annual budget and departmental expenses, ensuring accountability for on-time completion of deliverables based on department objectives, SLAs, GAAP and other Compassion standards, ensuring compliance with regulatory and board policies.
• Selects, manages and develops assigned staff, establishing goals and objectives, coaching and managing performance, including discipline, motivation, and annual reviews; supports continuous learning and development that enhances individual performance and organizational capability.
• Leads finance managers and professional staff responsible to prepare the Africa region or major group’s annual budget (or a segment of the budget), gathering input from all stakeholders, organizing and analyzing the data, and preparing it for approval and administration. Submits the annual budget on time and accurately to the approving authority. Leads subordinate team members through the ongoing financial forecasting process, ensuring that it is integrated with the ministry’s strategic planning process.
• Leads, through subordinate managers, major financial analysis projects such as creating financial models for future planning decisions. Tools such as models and reports are used with stakeholders to advocate on behalf of Compassion’s financial principles.
• Directs subordinate analysts and/or managers to research and stay abreast of global economic trends to assure successful and effective completion of responsibilities and anticipation of future issues.
• Oversees financial issues such as capital expenditures, depreciation, proposals, investment opportunities, rate of return, operating records, and financial statements.
• Directs subordinate staff who complete special project related to finance and accounting such as process improvement, policy development, compliance programs, etc., as well as ensure data integrity and mine and analyze data for business intelligence and other appropriate uses.
Director of Finance Job Vacancy at Compassion
Qualifications:
Faith
• Has a personal relationship with Jesus Christ.
Culture
• Accountable for supporting, upholding, and engaging in Compassion’s core “Cultural Behaviors” in all internal and external communication and relationships.
Education
• Bachelor’s Degree in a related field.
Experience
• At least 10 years experience in Accounting and Finance
• 5 years experience in people management position. Strongly preferred experience leading other people managers
• English speaking is required and French speaking would be an added advantage
• Demonstrated experience casting vision, collaborating with cross – cultural leadership and advising Boards
Licenses and Certifications
• Relevant certification from a nationally or internationally recognized organization in a related field such as CPA, ACCA etc.
*Equivalent education, training and/or certification may be substituted for experience and education shown above
Working Environment
Office – Standard Office Environment
Physical Demands
Sitting, standing, and/or walking for up to 8 hours per day
Travel Requirements
May be required to travel up to 10% of normal schedule
JOB DETAILS:
The Regional Director of Finance for Africa is a critical role supporting Compassion’s mission to serve more children, more quickly for over 300,000 children across 10 countries.
This director leads the finance function to provide budgeting, financial analysis, and related services to the organization. The primary purpose of this position is to provide direction through subordinate managers and 38+ regional staff to a major sub-function or geographic region of the ministry. This responsibility includes hiring, discipline, and termination, as well as, coaching, performance management, assigning, checking, and approving work to achieve global strategies and objectives. The incumbent collaborates with other senior leaders and contributes to the development of functional strategy and makes decisions based on operational strategy and priorities.
Responsibilities
• Maintains a personal relationship with Jesus Christ. Is a consistent witness for Jesus Christ, maintains a courteous, Christ-like attitude in dealing with people within and outside of Compassion, and faithfully upholds Compassion’s ministry in prayer.
• Acts as an advocate to raise the awareness of the needs of children. Understands Christ’s mandate to protect children. Commits to and prioritizes child protection considerations in all decision-making, tasks and activities across the ministry. Abides by all behavioral expectations in Compassion’s Statement of Commitment to Child Protection and Code of Conduct. Reports any concerns of abuse, neglect or exploitation of children through Compassion’s internal reporting process and appropriately supports responses to incidents if they occur.
• Capability to serve as a member of The Board of Directors.
• Provides leadership, planning and consultation to subordinates, executives, and peer management in the successful alignment of assigned department resources to ensure achievement of operational priorities and initiatives, integrating priorities within organizational strategies to ensure that department’s purpose is fulfilled.
• Compiles or prepares and administers the annual budget and departmental expenses, ensuring accountability for on-time completion of deliverables based on department objectives, SLAs, GAAP and other Compassion standards, ensuring compliance with regulatory and board policies.
• Selects, manages and develops assigned staff, establishing goals and objectives, coaching and managing performance, including discipline, motivation, and annual reviews; supports continuous learning and development that enhances individual performance and organizational capability.
• Leads finance managers and professional staff responsible to prepare the Africa region or major group’s annual budget (or a segment of the budget), gathering input from all stakeholders, organizing and analyzing the data, and preparing it for approval and administration. Submits the annual budget on time and accurately to the approving authority. Leads subordinate team members through the ongoing financial forecasting process, ensuring that it is integrated with the ministry’s strategic planning process.
• Leads, through subordinate managers, major financial analysis projects such as creating financial models for future planning decisions. Tools such as models and reports are used with stakeholders to advocate on behalf of Compassion’s financial principles.
• Directs subordinate analysts and/or managers to research and stay abreast of global economic trends to assure successful and effective completion of responsibilities and anticipation of future issues.
• Oversees financial issues such as capital expenditures, depreciation, proposals, investment opportunities, rate of return, operating records, and financial statements.
• Directs subordinate staff who complete special project related to finance and accounting such as process improvement, policy development, compliance programs, etc., as well as ensure data integrity and mine and analyze data for business intelligence and other appropriate uses.
Director of Finance Job Vacancy at Compassion
Qualifications:
Faith
• Has a personal relationship with Jesus Christ.
Culture
• Accountable for supporting, upholding, and engaging in Compassion’s core “Cultural Behaviors” in all internal and external communication and relationships.
Education
• Bachelor’s Degree in a related field.
Experience
• At least 10 years experience in Accounting and Finance
• 5 years experience in people management position. Strongly preferred experience leading other people managers
• English speaking is required and French speaking would be an added advantage
• Demonstrated experience casting vision, collaborating with cross – cultural leadership and advising Boards
Licenses and Certifications
• Relevant certification from a nationally or internationally recognized organization in a related field such as CPA, ACCA etc.
*Equivalent education, training and/or certification may be substituted for experience and education shown above
Working Environment
Office – Standard Office Environment
Physical Demands
Sitting, standing, and/or walking for up to 8 hours per day
Travel Requirements
May be required to travel up to 10% of normal schedule
Deadline of this Job: 17 October 2022
JOB DETAILS:
Responsibilities
• Maintains a personal relationship with Jesus Christ. Is a consistent witness for Jesus Christ, maintains a courteous, Christ-like attitude in dealing with people within and outside of Compassion, and faithfully upholds Compassion’s ministry in prayer.
• Acts as an advocate to raise the awareness of the needs of children. Understands Christ’s mandate to protect children. Commits to and prioritizes child protection considerations in all decision-making, tasks and activities across the ministry. Abides by all behavioral expectations in Compassion’s Statement of Commitment to Child Protection and Code of Conduct. Reports any concerns of abuse, neglect or exploitation of children through Compassion’s internal reporting process and appropriately supports responses to incidents if they occur.
• Capability to serve as a member of The Board of Directors.
• Provides leadership, planning and consultation to subordinates, executives, and peer management in the successful alignment of assigned department resources to ensure achievement of operational priorities and initiatives, integrating priorities within organizational strategies to ensure that department’s purpose is fulfilled.
• Compiles or prepares and administers the annual budget and departmental expenses, ensuring accountability for on-time completion of deliverables based on department objectives, SLAs, GAAP and other Compassion standards, ensuring compliance with regulatory and board policies.
• Selects, manages and develops assigned staff, establishing goals and objectives, coaching and managing performance, including discipline, motivation, and annual reviews; supports continuous learning and development that enhances individual performance and organizational capability.
• Leads finance managers and professional staff responsible to prepare the Africa region or major group’s annual budget (or a segment of the budget), gathering input from all stakeholders, organizing and analyzing the data, and preparing it for approval and administration. Submits the annual budget on time and accurately to the approving authority. Leads subordinate team members through the ongoing financial forecasting process, ensuring that it is integrated with the ministry’s strategic planning process.
• Leads, through subordinate managers, major financial analysis projects such as creating financial models for future planning decisions. Tools such as models and reports are used with stakeholders to advocate on behalf of Compassion’s financial principles.
• Directs subordinate analysts and/or managers to research and stay abreast of global economic trends to assure successful and effective completion of responsibilities and anticipation of future issues.
• Oversees financial issues such as capital expenditures, depreciation, proposals, investment opportunities, rate of return, operating records, and financial statements.
• Directs subordinate staff who complete special project related to finance and accounting such as process improvement, policy development, compliance programs, etc., as well as ensure data integrity and mine and analyze data for business intelligence and other appropriate uses.
Qualifications:
Faith
• Has a personal relationship with Jesus Christ.
Culture
• Accountable for supporting, upholding, and engaging in Compassion’s core “Cultural Behaviors” in all internal and external communication and relationships.
Education
• Bachelor’s Degree in a related field.
Experience
• At least 10 years experience in Accounting and Finance
• 5 years experience in people management position. Strongly preferred experience leading other people managers
• English speaking is required and French speaking would be an added advantage
• Demonstrated experience casting vision, collaborating with cross – cultural leadership and advising Boards
Licenses and Certifications
• Relevant certification from a nationally or internationally recognized organization in a related field such as CPA, ACCA etc.
*Equivalent education, training and/or certification may be substituted for experience and education shown above
Working Environment
Office – Standard Office Environment
Physical Demands
Sitting, standing, and/or walking for up to 8 hours per day
Travel Requirements
May be required to travel up to 10% of normal schedule
JOB DETAILS:
Responsibilities
• Maintains a personal relationship with Jesus Christ. Is a consistent witness for Jesus Christ, maintains a courteous, Christ-like attitude in dealing with people within and outside of Compassion, and faithfully upholds Compassion’s ministry in prayer.
• Acts as an advocate to raise the awareness of the needs of children. Understands Christ’s mandate to protect children. Commits to and prioritizes child protection considerations in all decision-making, tasks and activities across the ministry. Abides by all behavioral expectations in Compassion’s Statement of Commitment to Child Protection and Code of Conduct. Reports any concerns of abuse, neglect or exploitation of children through Compassion’s internal reporting process and appropriately supports responses to incidents if they occur.
• Capability to serve as a member of The Board of Directors.
• Provides leadership, planning and consultation to subordinates, executives, and peer management in the successful alignment of assigned department resources to ensure achievement of operational priorities and initiatives, integrating priorities within organizational strategies to ensure that department’s purpose is fulfilled.
• Compiles or prepares and administers the annual budget and departmental expenses, ensuring accountability for on-time completion of deliverables based on department objectives, SLAs, GAAP and other Compassion standards, ensuring compliance with regulatory and board policies.
• Selects, manages and develops assigned staff, establishing goals and objectives, coaching and managing performance, including discipline, motivation, and annual reviews; supports continuous learning and development that enhances individual performance and organizational capability.
• Leads finance managers and professional staff responsible to prepare the Africa region or major group’s annual budget (or a segment of the budget), gathering input from all stakeholders, organizing and analyzing the data, and preparing it for approval and administration. Submits the annual budget on time and accurately to the approving authority. Leads subordinate team members through the ongoing financial forecasting process, ensuring that it is integrated with the ministry’s strategic planning process.
• Leads, through subordinate managers, major financial analysis projects such as creating financial models for future planning decisions. Tools such as models and reports are used with stakeholders to advocate on behalf of Compassion’s financial principles.
• Directs subordinate analysts and/or managers to research and stay abreast of global economic trends to assure successful and effective completion of responsibilities and anticipation of future issues.
• Oversees financial issues such as capital expenditures, depreciation, proposals, investment opportunities, rate of return, operating records, and financial statements.
• Directs subordinate staff who complete special project related to finance and accounting such as process improvement, policy development, compliance programs, etc., as well as ensure data integrity and mine and analyze data for business intelligence and other appropriate uses.
Qualifications:
Faith
• Has a personal relationship with Jesus Christ.
Culture
• Accountable for supporting, upholding, and engaging in Compassion’s core “Cultural Behaviors” in all internal and external communication and relationships.
Education
• Bachelor’s Degree in a related field.
Experience
• At least 10 years experience in Accounting and Finance
• 5 years experience in people management position. Strongly preferred experience leading other people managers
• English speaking is required and French speaking would be an added advantage
• Demonstrated experience casting vision, collaborating with cross – cultural leadership and advising Boards
Licenses and Certifications
• Relevant certification from a nationally or internationally recognized organization in a related field such as CPA, ACCA etc.
*Equivalent education, training and/or certification may be substituted for experience and education shown above
Working Environment
Office – Standard Office Environment
Physical Demands
Sitting, standing, and/or walking for up to 8 hours per day
Travel Requirements
May be required to travel up to 10% of normal schedule
Deadline of this Job: 30 October 2022
JOB DETAILS:
Funding Specialist at Anza October, 2022
Job Description
Anza believes that entrepreneurs will transform Tanzania. We provide entrepreneurs the capacity, capital and community they need to thrive via the Anza Accelerator programmes and the Anza Growth Fund. Our services assist entrepreneurs to strengthen their operations, increase profitability, and scale their social impact to create more jobs and improve access to underserved markets. Anza is also actively engaged in shaping and maturing the Tanzanian innovation and entrepreneurial ecosystem.
Anza runs two programs: The Investment Readiness (IR) Program & The Business Foundations Accelerator (BFA). Both are designed to support distinct segments of entrepreneurs to raise capital and expand their businesses. The IR program supports high-growth ventures with the potential for exponential growth to prepare to raise VC style equity investments, while the BFA supports growing businesses in traditional sectors to obtain debt capital via the Anza Growth Fund and 3rd party lenders.
About the Anza Growth Fund
The Anza Growth Fund (AGF) invests in a select group of companies that successfully advance through the above Anza programs. By investing in companies that have gone through Anza programs, the AGF is able to de-risk their investment and provide below market interest rates and collateral obligations to investees. To date, the AGF’s investments have been structured as debt. Moving forward, the AGF is exploring making convertible note and equity-style investments in graduating companies. Capital is critical to the growth of Tanzanian entrepreneurs, and the AGF seeks to fill this gap in the ecosystem.
Past investees include Swahili Honey, Kazi Yetu, Jibu Tanzania, ShuleSoft, and more.
The Role
We are seeking a talented individual to join the AGF team to help strengthen Fund operations and support the local investment team. This would be a 12 month “fellowship”, based in Dar es Salaam, Tanzania. This person will play an integral support role to the AGF team towards implementing systems that will enable the AGF to deploy increasingly meaningful capital amounts to Anza’s target entrepreneurs.
General Duties will include:
• Support in the development and implementation of the AGF’s long term strategy, budget, and operating plan.
• Contribute to a refinement of the AGF’s due diligence processes to ensure investment decisions are sound, defensible, and aligned with the interests of investees.
• Aid in the implementation of key fund management processes, policies, and technology to ensure timely compliance with local regulations, reporting requirements, and fiduciary responsibilities to the AGF partners.
• Assist in better preparing the AGF team and systems to successfully engage and complete the due diligence processes of prospective investors/donors into the Fund.
• Support the local investment team in the development, communication, and engagement with the Fund’s Investment Committee.
• Contribute to the selection and due diligence of prospective investees who are participating in Anza’s accelerator programs and provide constructive feedback to the accelerator team so they can better support Anza’ clients.
• Provide mentorship and contribute to the professional development of the full-time AGF team.
• Participate in and facilitate discussions with potential capital providers.
• Supporting the recruitment and onboarding of a new AGF fellow as this “term” ends.
Qualifications and Experience
We are seeking candidates with the below qualifications:
Required:
• Strong financial foundation and comfort with financial modeling and understanding of unit economics and other core drivers of a businesses financial growth.
• ~3+ years of experience in Accounting, Banking, Investing (Venture Capital, PE, Lending etc.), Management Consulting or similar.
• Exposure to or experience in fund management settings, with at least a high level knowledge of key considerations and core competencies.
• Team player who works and communicates well with others, regardless of their background.
• Passion for enabling the growth of entrepreneurs and alignment to Anza’s overall mission.
• Solutions oriented, self starter, who is comfortable working in ambiguity and resource constrained environments.
• Ability to communicate effectively in written and spoken English.
The following criteria are desirable, but not requirements for the role:
• Past work experience in Tanzania, Africa or other emerging markets.
• Exposure to the SMB/startup finance space in Sub-Saharan Africa
• Past or current experience in startup ecosystems in Africa or other markets.
Anza and the AGF value candidates with diverse backgrounds and experiences, so if you do not check all these boxes but think you are a good candidate for the role, we encourage you to apply.
Logistics & Other Details
Location: Dar es Salaam, Tanzania
Term of Fellowship: 9 – 12 months with opportunities to renew pending compliance with regulations in Tanzania.
Compensation: As Anza is a non-profit, mission driven organization, this is a voluntary role. Anza will arrange for and cover the costs of accommodation and will provide a monthly stipend to cover your day-to-day living expenses.
Support from Anza & the AGF: Anza has extensive experience welcoming international professionals to the organization, and country. You will be provided with onboarding materials and health and safety information in advance of your arrival. Anza will ensure your Visa/work permit requirements are taken care of and the related costs are covered.
Working with Anza is a unique and rewarding professional and personal experience, one that brings significant learning and growth. Past alumni have gone to pursue exciting, professional opportunities in attractive fields that were often not on their radar before their time at Anza.
JOB DETAILS:
Funding Specialist at Anza October, 2022
Job Description
Anza believes that entrepreneurs will transform Tanzania. We provide entrepreneurs the capacity, capital and community they need to thrive via the Anza Accelerator programmes and the Anza Growth Fund. Our services assist entrepreneurs to strengthen their operations, increase profitability, and scale their social impact to create more jobs and improve access to underserved markets. Anza is also actively engaged in shaping and maturing the Tanzanian innovation and entrepreneurial ecosystem.
Anza runs two programs: The Investment Readiness (IR) Program & The Business Foundations Accelerator (BFA). Both are designed to support distinct segments of entrepreneurs to raise capital and expand their businesses. The IR program supports high-growth ventures with the potential for exponential growth to prepare to raise VC style equity investments, while the BFA supports growing businesses in traditional sectors to obtain debt capital via the Anza Growth Fund and 3rd party lenders.
About the Anza Growth Fund
The Anza Growth Fund (AGF) invests in a select group of companies that successfully advance through the above Anza programs. By investing in companies that have gone through Anza programs, the AGF is able to de-risk their investment and provide below market interest rates and collateral obligations to investees. To date, the AGF’s investments have been structured as debt. Moving forward, the AGF is exploring making convertible note and equity-style investments in graduating companies. Capital is critical to the growth of Tanzanian entrepreneurs, and the AGF seeks to fill this gap in the ecosystem.
Past investees include Swahili Honey, Kazi Yetu, Jibu Tanzania, ShuleSoft, and more.
The Role
We are seeking a talented individual to join the AGF team to help strengthen Fund operations and support the local investment team. This would be a 12 month “fellowship”, based in Dar es Salaam, Tanzania. This person will play an integral support role to the AGF team towards implementing systems that will enable the AGF to deploy increasingly meaningful capital amounts to Anza’s target entrepreneurs.
General Duties will include:
• Support in the development and implementation of the AGF’s long term strategy, budget, and operating plan.
• Contribute to a refinement of the AGF’s due diligence processes to ensure investment decisions are sound, defensible, and aligned with the interests of investees.
• Aid in the implementation of key fund management processes, policies, and technology to ensure timely compliance with local regulations, reporting requirements, and fiduciary responsibilities to the AGF partners.
• Assist in better preparing the AGF team and systems to successfully engage and complete the due diligence processes of prospective investors/donors into the Fund.
• Support the local investment team in the development, communication, and engagement with the Fund’s Investment Committee.
• Contribute to the selection and due diligence of prospective investees who are participating in Anza’s accelerator programs and provide constructive feedback to the accelerator team so they can better support Anza’ clients.
• Provide mentorship and contribute to the professional development of the full-time AGF team.
• Participate in and facilitate discussions with potential capital providers.
• Supporting the recruitment and onboarding of a new AGF fellow as this “term” ends.
Qualifications and Experience
We are seeking candidates with the below qualifications:
Required:
• Strong financial foundation and comfort with financial modeling and understanding of unit economics and other core drivers of a businesses financial growth.
• ~3+ years of experience in Accounting, Banking, Investing (Venture Capital, PE, Lending etc.), Management Consulting or similar.
• Exposure to or experience in fund management settings, with at least a high level knowledge of key considerations and core competencies.
• Team player who works and communicates well with others, regardless of their background.
• Passion for enabling the growth of entrepreneurs and alignment to Anza’s overall mission.
• Solutions oriented, self starter, who is comfortable working in ambiguity and resource constrained environments.
• Ability to communicate effectively in written and spoken English.
The following criteria are desirable, but not requirements for the role:
• Past work experience in Tanzania, Africa or other emerging markets.
• Exposure to the SMB/startup finance space in Sub-Saharan Africa
• Past or current experience in startup ecosystems in Africa or other markets.
Anza and the AGF value candidates with diverse backgrounds and experiences, so if you do not check all these boxes but think you are a good candidate for the role, we encourage you to apply.
Logistics & Other Details
Location: Dar es Salaam, Tanzania
Term of Fellowship: 9 – 12 months with opportunities to renew pending compliance with regulations in Tanzania.
Compensation: As Anza is a non-profit, mission driven organization, this is a voluntary role. Anza will arrange for and cover the costs of accommodation and will provide a monthly stipend to cover your day-to-day living expenses.
Support from Anza & the AGF: Anza has extensive experience welcoming international professionals to the organization, and country. You will be provided with onboarding materials and health and safety information in advance of your arrival. Anza will ensure your Visa/work permit requirements are taken care of and the related costs are covered.
Working with Anza is a unique and rewarding professional and personal experience, one that brings significant learning and growth. Past alumni have gone to pursue exciting, professional opportunities in attractive fields that were often not on their radar before their time at Anza.
Deadline of this Job: 25 October 2022
Deadline of this Job: 25 October 2022
Deadline of this Job: 25 October 2022
Deadline of this Job: 24 October 2022
Deadline of this Job: 23 October 2022