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CHANCEN International
Chancen International is a non-profit financial institution providing ethical, fair, and responsible financing to help young Africans access quality tertiary education. Using an innovative Income Share Agreement (ISA) model, we cover students' tuition fees, allowing them to study without financial barriers. Graduates repay a portion of their income once employed, creating a sustainable funding cycle that supports future generations. By empowering young people with education, we enable their transition to meaningful employment, fostering economic mobility and strengthening communities.
Headquartered in Kigali, Rwanda, and operating in Rwanda, Kenya, South Africa, and Ghana, Chancen International has helped over 5,000 young people access education leading to dignified work. Our focus on marginalized populations ensures these youth gain the skills needed to thrive and contribute to building strong economies and peaceful nations.
We are committed to creating an inclusive and positive working environment where each individual can flourish and achieve their full potential. Our actions are guided by our company values: Authenticity, Curiosity, Courage, Stewardship and Fairness.
The Finance Specialist – SPV Management is responsible for ensuring accurate, compliant, and timely financial reporting and asset management for Chancen’s Special Purpose Vehicles (SPVs) that hold Income Share Agreement (ISA) assets. This role focuses on fund-level control and reporting, investor servicing, regulatory compliance, and audit support, in collaboration with the CFO, legal counsel, and external fund administrators and auditors.
The role requires a highly analytical finance professional with a strong understanding of investment structures, asset-backed funding, and cross-border regulatory environments.
Maintain complete and accurate financial records for Chancen’s SPVs in line with IFRS and local GAAP.
Ensure that all journal entries, ledger balances, and reconciliations are properly maintained and validated.
Prepare annual financial statements for SPVs in accordance with applicable accounting standards and board timelines.
Coordinate quarterly and annual board packs with summarized financial reports and notes.
Lead the audit process for Chancen SPVs by coordinating with external auditors, internal teams, and board representatives.
Prepare and manage audit schedules, support documents, and management letters.
Respond to audit queries and implement audit recommendations.
Ensure timely submission of audited financials to relevant stakeholders, including investors and regulators.
Maintain an up-to-date understanding of tax obligations for each SPV (e.g., corporate income tax, withholding, VAT where applicable).
Coordinate with tax consultants and internal stakeholders to ensure accurate tax filings and efficient tax structuring.
Manage relationships with revenue authorities or third-party tax advisors as needed.
Ensure proper reconciliation of SPV bank accounts (including capital call, disbursement, and return accounts).
Review and authorize payment schedules in coordination with fund operations teams.
Monitor liquidity at the SPV level and flag cash flow risks to the CFO.
Prepare and maintain board meeting materials, resolutions, and financial summaries.
Ensure that all statutory documents and filings are maintained in good order and submitted on time.
Liaise with the Company Secretary to ensure timely filing of company returns, annual reports, and other governance-related deliverables.
6. Support on Fund Structuring and Consolidation
Support the CFO and legal counsel in structuring new SPVs and integrating them into group reporting processes.
Assist in mapping SPV financials to group charts of accounts to enable consolidated reporting.
Provide technical input into the valuation, fair value adjustment, and impairment assessments where required.
Bachelor’s degree in Accounting, Finance, or a related field. CPA/ACCA qualification required.
5+ years of experience in financial reporting, audit coordination, or SPV accounting, ideally in a fund management, microfinance, or financial services setting.
Strong knowledge of IFRS and statutory audit preparation.
Experience with multi-entity group structures, including offshore SPVs and holding companies.
Comfortable working with cross-jurisdictional regulations and stakeholder expectations (e.g., investors, boards, regulators).
Excellent attention to detail, time management, and professional communication.
