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Koolboks Limited•Lagos, Nigeria
FULL-TIME
MID
HYBRID
Project finance
Project budgeting
Financial analysis
Financial modelling
Forecasting
Budget-versus-actual reporting
Project financial management
Cost analysis
Grants management
Donor financial compliance
Microsoft Excel
Google Sheets
Accounting and ERP systems
Financial reporting
Overview
Posted Sep 24, 2026
Renewable Energy
Job Summary
Koolboks Limited is seeking a Finance Associate to support the financial planning, budgeting, reporting, and compliance needs of renewable energy projects. This role will help maintain sound project financial controls, produce decision-ready analysis, and support donor- or grant-funded project requirements.
Responsibilities
Project Budgeting & Financial Planning.
Develop, review, and manage budgets for donor-funded projects, grants, and strategic initiatives.
Prepare detailed project budgets, cost structures, pricing assumptions, and financial schedules in line with funder requirements.
Assess budget assumptions and validate financial inputs to ensure accuracy, completeness, and feasibility.
Support project teams in developing realistic and cost-effective budgets that align with project objectives and available funding.
Participate in budget reviews, revisions, and financial planning exercises throughout the project lifecycle.
Proposal & Business Development Support.
Provide financial inputs and budget support for proposals, concept notes, expressions of interest, investment submissions, and other business development opportunities.
Work closely with the Partnerships and Project teams to develop competitive and financially sound proposal budgets.
Review pricing assumptions, cost allocations, cost-sharing arrangements, and other financial components of funding submissions.
Ensure proposal budgets are consistent with donor guidelines, contractual requirements, and internal financial policies.
Support the development and maintenance of financial models and costing tools used for proposals and project planning.
Project Financial Monitoring & Reporting.
Track project expenditures against approved budgets and identify significant variances, trends, and potential financial risks.
Monitor project cash flows, funding availability, budgets, and donor disbursements.
Support periodic budget-versus-actual analysis and provide insights to project teams and management.
Assist with financial forecasting, budget revisions, reforecasts, and project financial reporting.
Highlight budget pressures, underspending, overspending, and other financial issues requiring management attention.
Support the preparation of accurate and timely financial reports for internal and external stakeholders.
Donor Compliance & Financial Controls.
Ensure project budgets and financial activities comply with applicable donor requirements, internal policies, and contractual obligations.
Support the appropriate allocation and classification of project costs.
Maintain an understanding of donor rules relating to eligible costs, cost-sharing, indirect costs, pricing, and budget modifications.
Review financial information and supporting documentation to identify inconsistencies, errors, or compliance concerns.
Support audits, donor reviews, and other financial assurance activities as required.
Financial Data, Tools & Process Improvement.
Maintain accurate and up-to-date records of project budgets, assumptions, costing methodologies, financial models, and related documentation.
Develop and maintain Excel/Google Sheets-based financial tools, trackers, and reporting templates.
Improve project finance processes, systems, tools, and reporting mechanisms to enhance efficiency and accuracy.
Identify opportunities to automate or streamline recurring financial analysis and reporting activities.
Ensure financial information is well-organized, reliable, and readily available for decision making.
Collaboration & General Support.
Work collaboratively with Finance, Partnerships, Project, and other relevant teams to address financial and budgeting requirements.
Provide timely financial guidance and analysis to support project implementation and strategic decision-making.
Communicate financial information clearly to both finance and non-finance colleagues.
Undertake other finance-related duties and responsibilities as assigned.
Requirements
Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or a related field.
Professional qualifications such as ACCA, ICAN, CIMA, CFA, or equivalent are an advantage but not mandatory.
2–4 years of relevant experience in project finance, budgeting, financial analysis, grants management, management accounting, or a related area.
Experience working with donor-funded projects, grants, NGOs, development organizations, consulting engagements, or similar environments is an advantage.
Demonstrated experience in proposal budgeting, financial modelling, cost analysis, or project financial management is desirable.
