Enhancing Financial Innovation & Access (EFInA) is a leading financial sector development organisation working to promote financial inclusion in Nigeria. Established in late 2007, EFInA’s vision is to be the leader in facilitating an all-inclusive and growth-promoting financial system. EFInA is funded by the UK Government’s Department for International Development (DFID) and the Bill & Melinda Gates Foundation.
EFInA is well renowned within Nigeria’s financial sector for providing thought leadership in financial inclusion and championing the unbanked. Through funding and catalysing innovation, providing cutting-edge research, advocating for enabling inclusive policies and building capacity, EFInA has built a reputation as an “honest broker” amongst both the private and public sectors. Data from the EFInA Access to Financial Services in Nigeria surveys was a key source of information in the development of the Central Bank of Nigeria’s National Financial Inclusion Strategy; and is also widely used by a diverse range of stakeholders, including regulators, as a benchmark for financial inclusion in Nigeria, Furthermore, financial services providers use EFInA’s research to develop a range of relevant financial products through gaining insights and understanding of consumers’ needs.
EFInA is seeking to recruit dynamic, strategic, and committed individuals to newly defined roles to build on its current achievements and accelerate the impact of financial inclusion in Nigeria. EFInA is a rapidly growing organisation with considerable influence in the financial sector. Employment with EFInA offers an exceptional and challenging opportunity for the right candidate.
Job Title: Grants Manager
Location: Lagos
The Role
The Grants Manager will assist the Head of Innovation Funding to deepen financial inclusion in Nigeria by developing a robust and diverse grants portfolio, managing and monitoring the performance of all grants awarded by EFInA. By driving the entire lifecycle of grants pipeline development, the Grants Manager will actively support the process of identifying prospective grantees, reviewing grant proposals, conducting due diligence, developing Grant Agreement contracts, monitoring grants according to the Grant Agreement, providing reports on the status of each grant, supporting the impact evaluation of the grants and leading the grant conclusion or termination process.
Effective grants management will form a core function of the Grants Manager’s role. He/she will ensure consistent and effective high standard for the grants administration process. The Grants
Manager will ensure that grantees meet their targets and the progress is managed effectively. The Grants Manager will possess strong project management skills. He/she will also actively manage
consultants to provide technical assistance support to enhance grantees’ ability to meet their financial inclusion targets.
The Grants Manger will possess the gravitas and credibility to build and maintain relationships with current and prospective grantees. He/she would be able to represent EFInA’s objectives and work with partners to deepen financial inclusion. The individual will be a strong team play who is able to develop and inspire action among peers and direct reports.
This is a market making role that requires a fast learner who can understand the technical elements of the grants and excel in monitoring the grants portfolio throughout the lifecycle of the grants. The role demands a person who is an analytical problem solver. He/she will have a successful track record of innovative thinking and constant improvement of processes and systems.
The successful applicant will be comfortable negotiating change, taking responsibility, solving problems and making complex strategic and operational decisions. Highly adaptable, creative, and
used to delivering results in a dynamic and fluid working environment, the Grants Manager will be expected to contribution to EFInA as soon as he/she joins the organisation.
Primary Relationships
Reports to: Head of Innovation Funding
Department: Grants
Directly Supervises: Grants Administrator
Manages external relationships with: Grantees; Consultants
Principal Responsibilities and Accountabilities
The role will include, but not be limited to the following responsibilities and accountabilities:
Grant Project Management
- Develop and implement an effective project management process for all EFInA grants
- Support the development of a robust and diverse grants portfolio in line with EFInA’s strategic
- objectives
- Support the Programme Managers in the initial evaluation of grant proposals
- Work with Programme Managers to manage the overall grant submission and approval process
- Lead the due diligence process for all prospective grantees and grants
- Prepare draft Grant Agreements in conjunction with the relevant Programme Manager and the Head of Innovation Funding for all grants to be awarded and ensure that all relevant
- documentation has been received before the funds are disbursed
- Actively monitor the progress of all grantees vis-à-vis contractual milestones and Grant Agreement
- Ensure that information on the grants that EFInA has awarded is widely disseminated through all relevant communication channels
- Grantee Relationship Management
- Maintain regular contact with all grantees and in conjunction with the Grants Administrator, conduct at least one site visit per quarter for each grantee
- Arrange monthly, quarterly interaction/feedback sessions for grantees
- Provide technical assistance, through consultants, where applicable in order for grantees to meet their financial inclusion targets
Grants Financial Management
- Oversee the financial management of grants, including grantee budgets and audits, to ensure
- timely grant disbursement
- Ensure timely disbursement of grants, in line with the disbursement schedule in the Grant Agreement
- Prevent financial misappropriation for all EFInA grants
Reporting
- Ensure that all project monitoring reports are received within the timelines specified in the Grant Agreement
- Produce quarterly reports that provide a dashboard of the progress of key performance
- indicators of all existing grants for sign off by the Head of Innovation Funding
- Prepare project completion reports for sign off by the Head of Innovation Funding
- Regularly update the Innovation Fund Policies & Procedures Manual for approval by the Head of Innovation Funding
Monitoring, Evaluation, and Learning
- Capture lessons learned based on the grantees’ experience for dissemination within EFInA and among relevant stakeholders
- Support the Head of Innovation Funding and Head of Knowledge & Evidence in communicating the achievement of EFInA’s grant portfolio to various stakeholders to deepen financial inclusion in Nigeria
- Ensure that impact assessments are conducted for all innovation grants that have been fully disbursed
- Ensure that the impact of grant-funded projects is clear and communicated with all relevant stakeholders
Staff Development
- Monitor, manage and report on performance of staff directly reporting to this position, including the setting of monthly objectives, milestones and performance as reflected in their annual Job Plan
- Provide quarterly assessment of staff directly reporting to this position and conduct their yearly performance appraisal
Additional Responsibilities
Perform any other duties that support the organisational objectives of EFInA
Job Competencies and Capabilities
Qualifications & Experience
Essential
- A Bachelor’s degree in Economics, Finance, Banking, Law, Business Administration, or any other related discipline (A Master’s degree in International Development or a relevant Social Science
- related discipline is advantageous)
- Minimum of five years’ experience in a grants management related role, with a track record of success
- Strong relationship management experience with the ability to engage with a diverse range of stakeholders
- Experience working in a complex and pioneering environment and of managing or facilitating change
- Strong written and verbal communications skills
- Experience writing and reviewing contracts and agreements
- Experience evaluating business proposals, including experience reviewing and creating budgets
- Highly numerate
- Demonstrated project management experience (Prince 2 or a similar project management certification would be advantageous)
- Proficiency in the use of Microsoft programs (Excel, Word, PowerPoint, Project)
- Proven ability to produce concise and well-structured reports and presentations
- Experience in one or more of EFInA’s strategic areas
- Commitment to the financial inclusion agenda
Desired
- Work experience in Nigeria and internationally
Skills
- Proficiency in the use of Microsoft programs (Excel, Word, PowerPoint, Project)
- Strong project management skills
- Demonstrated ability to drive continuous improvement in processes and systems
- Works well independently and as part of a team
- Highly numerate, with strong analytical and problem solving skills
- Proven ability to produce concise, well-structured, and very high quality reports and presentations
- Ability to interpret and analyse large amounts of information and data
- Very high level of attention to detail and accuracy
- Strong verbal and written communication skills
- Strong presentation skills
- Strong public speaking skills
- Effective influencing and relationship building skills, including at senior levels
Personal Qualities
- Commitment to the financial inclusion agenda
- Committed to delivering high quality results, with cost-effective use of resources
- Highly professional, organised and efficient; able to multi-task effectively and prioritise work based on minimal direction and multiple competing priorities
- Gravitas, credibility and ability to initiate and develop strategic partnerships and alliances
- Integrity and high personal ethical standards
- Works well under pressure and meets deadlines
- Can-do approach
- Driven and a self-starter
- Innovative
- High levels of initiative
- Enterprising attitude that is quick to search out alternative solutions to needs or problems
- Positive, flexible, supportive attitude to work
- Exhibits a helpful behaviour beyond strict job requirements
- Discreet and respects confidentiality
- Confident
- Resilient
Remuneration: Competitive
Application Closing Date
30th September, 2014
How To Apply
To apply, please send your CV and covering letter to:
[email protected] by 30 September 2014, ensuring that you state which role you are applying for and where you saw this advertisement.
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