About Us
We believe that all children should be given the chance to reach their full potential. However, more than 600 million children in the world do not achieve foundational skills like literacy and basic numeracy – despite the majority of them going to school.
At EIDU, we are creating the next-generation EdTech platform for children who lack access to high quality education that all children deserve. We currently serve over 500,000 students in Kenya, Nigeria, and Pakistan and are aiming to serve tens of millions within the next few years. External researchers conducted a year-long randomised control trial, midline results indicate that having EIDU in schools adds the equivalent of at least 0.8 years of learning development. We also have fascinating projects with leading technology companies to further enhance learning outcomes through AI.
EIDU is funded by well-known development agencies, foundations, and impact investors and we are about to scale our programs rapidly through partnerships with governments.
With a mission like EIDU’s, diversity of thought and background within our team is crucial. We value those who can bring a diverse perspective to our platform and help us provide high-quality education to as many children as we can across the globe.
If you’d like to learn more about us, visit our website at eidu.com or watch our two-minute video .
About the role
We are looking for a Financial Planning and Analysis Manager to form an integral part of the Finance team. You will provide overall financial support and, reporting to the Director of Finance, help formulate and refine the strategy and financial projections for the sustainability of the business. You will be responsible for developing EIDU’s financial models and forecasts to support strategic and decision-making and long-term planning. You will take ownership of end-to-end delivery for financial data analysis initiatives. You will collaborate closely with the Data/Business Intelligence team, leveraging on their data insights to shape the company's long-term strategy.
What you will do:
* Strategic Financial Planning: Lead the development of financial models and forecasts to support strategic decision-making and long-term planning. Support decision-making by providing stakeholders with timely, detailed, and meaningful insights and visibility on business performance
* Pricing: Ownership and development of EIDU’s’ Pricing and Unit Economic Model
* Performance Analysis: Conduct in-depth analysis of financial performance, identifying trends, variances, and opportunities for improvement. Implement and maintain financial planning tools and systems.
* Collaboration: Work closely with various teams to align financial strategies with operational objectives. Partner with the Data/Business Intelligence Unit to integrate data insights into financial strategies and reporting. Participate in ad-hoc cross functional projects as needed.
* Budgeting and Forecasting: Manage the annual budgeting process and create rolling forecasts to ensure alignment with organizational goals.
* Financial Reporting: Prepare, validate, interpret and present financial reports, dashboards and presentations for the Director of Finance, senior leadership, and relevant stakeholders. Incorporate data-driven insights from the Data/Business Intelligence unit into financial reporting, enhancing the relevance and impact of the reports.
* Process Improvement: Identify and implement enhancements to financial planning and analysis processes for greater efficiency and accuracy.
What you should bring:
* The desire to use your skills to bring about positive social change.
* Minimum of a Bachelor's degree in Finance, Accounting, Economics or a related field.
* 5+ years of hands-on experience in financial planning, forecasting and budgeting. Preferably in a startup or fast-paced environment.
* Advanced proficiency in financial modelling and data analysis tools such as SQL, or similar. Experience with data visualization tools like Power BI, Tableau and Metabase preferred.
* Strong stakeholder management abilities. Ability to translate complex financial data into actionable insights through engaging dashboards, reports and presentations.
* Proactivity and exceptional problem-solving skills, ability to work comfortably in a cross-functional setting, and an ability to remain calm under stress and uncertainty, inspiring the same in your team.
* Excellent communication skills, including the ability to communicate effectively in a multi-cultural environment, and communicate technical information with non-technical audiences.
* Great interpersonal and collaboration skills to collaborate with people at all levels of the organisation, from diverse backgrounds and cultures. Interested in contributing to others' success.
What we offer:
* A chance to directly contribute to solving a pressing global problem.
* Being a part of an international and passionate team located in Kenya, Germany, Nigeria, and Pakistan.
* An open environment where feedback is welcomed promoting mutual growth.
* Rapid personal development & opportunity to take on responsibility and have impact.
* Exciting field visits to our partner schools to see your impact firsthand.
* High degree of flexibility with regard to working hours and vacations, and the option to work from home 2-3 days per week.
* A multicultural work setting. Our working language is English. No German is required.