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 – Enhancing Financial Innovation & Access
Job Description – Grants Manager
Background
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 appoint dynamic, strategic, and committed individuals 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.
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
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with partners to deepen financial inclusion. The individual will be a strong team player 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
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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)
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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
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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
How to Apply
To apply, please send your CV and cover letter to [email protected]