Financial Analyst - (Bogota or Nairobi)

About Instiglio

Instiglio works with governments and their partners to improve outcomes for people. Since 2012, we have worked in more than 30 low- and middle-income countries with over 200 organizations, helping ensure better outcomes for around 98 million people and influencing more than $1 billion in public spending. Our team of 80+ people from over 15 nationalities works across offices in Colombia, Kenya, Morocco, Mauritius and Uganda.

Element

Description

Job Title

Financial Analyst

Department / Team

Finance

Reports To

Senior Manager, Finance and Operations

Direct Reports

N/A

Office Location(s)

Bogotá or Nairobi

Working Model

Hybrid (at least 2 days a week in the office)

Purpose of the role

The Financial Analyst will take ownership of Instiglio’s financial reporting, acting as the primary steward of the organization’s financial tools and systems. The role includes developing new analytical tools and conducting specific analyses to support decision-making across teams, as well as overseeing document review and compliance processes. Beyond reporting, the Analyst will be responsible for global financial planning, procurement process oversight, and monitoring treasury operations to ensure resources are deployed effectively. The role offers a challenging opportunity to deliver strong qualitative and quantitative analysis to understand and anticipate the organization’s financial performance and drive cost efficiency and value creation.

The Financial Analyst will support Instiglio’s financial reporting and help maintain the organization’s financial tools and systems. The role includes developing analytical tools and conducting analyses to support decision-making across teams, as well as supporting document review and compliance processes. Beyond reporting, the Analyst will support global financial planning, procurement processes, and the monitoring of treasury operations to ensure resources are deployed effectively. The role offers a challenging opportunity to deliver strong qualitative and quantitative analysis that helps the organization understand and anticipate its financial performance and supports cost efficiency and value creation.

Required Profile

We are growing a team of resourceful go-getters who are driven by our mission, curious about the world, and dedicated to a life of learning. An ideal candidate will have:

Education

Bachelor’s degree in finance or a related field

Experience

2 years of experience in financial planning, treasury, or accounting roles at consulting firms or related organizations

Technical Skills & Tools

Knowledge of advanced Excel, including database design, treasury, procurement, and accounting. Experience with ERP systems or financial tool development is preferred.

Languages

· Bogotá, Colombia: Spanish proficiency required; English at B2 level (upper-intermediate).

· Nairobi, Kenya: English proficiency required.

Core Competencies

· Understanding of sustainable business models.

· Exceptional attention to detail and execution capabilities.

· Structured thinking and analytical skills.

· Flexibility: resilient and open to change.

· Ability to manage competing, high-priority demands in a fast-paced environment.

· Strategic thinking.

Key Responsibilities

The key responsibilities of the Financial Analyst will include, but are not limited to:

Budget, Controlling, and Financial Systems Administration

• Execute the implementation and administration of the reporting systems.
• Support the company’s monthly financial closing process, procurement process, budget, invoicing, and project expenses.
• Improve the financial reporting process and decision-making based on in-depth analysis of multiple information systems.
• Create analytics to support the cost-cutting process and consolidation.
• Analyze and recommend several purchasing options based on the interpretation of data and a deep understanding of the company’s operations.

Backlog Building and Project Pricing

• Study the company’s cost structure through financial analysis, providing input to improve the expense performance review, profitability, working capital planning and investments.
• Monitor all the treasury procedures in order to ensure that projects are executed effectively.
• Interact with the project team and research the RBF market to ensure that our pipeline calculations are robust.

Performance

Success in this role will be measured by your ability to drive financial visibility, operational efficiency, and rigorous decision-making across global teams. Rather than treating finance as a back-office function, the Financial Analyst acts as a strategic business partner whose performance is evaluated across four core pillars:

Financial Accuracy & Timeliness (Closing and reporting process):

• Delivery of accurate, error-free monthly financial closes according to set deadlines.
• Reliability and speed of financial reporting dashboards and ERP data consolidation.

Cost Efficiency & Resource Optimization:

• Measurable contribution to cost-cutting initiatives, budget adherence, and variance analysis.
• Quality and economic rationale of procurement recommendations and vendor analysis.

Project Pricing & Backlog Robustness:

• Precision of project cost structures, working capital planning, and RBF (Results-Based Financing) pipeline calculations.
• Accuracy of pricing models that protect or improve project margins and overall organizational profitability.

Cross-Functional & Strategic Enablement:

• Effective collaboration with project teams, translating complex financial data into actionable insights for leadership.
• Proactive development of financial tools or automation that reduce manual processes.

Relationships & Interactions

Internal

• Project, Services, and Operations Teams

External

• New contractors, potential service providers

Growth & Development Opportunities

Every day, your work will aim for impact while you thrive in a dynamic culture of inclusion, collaboration, and high performance.

• Exposure to a wide range of methods, sectors, and an international multi-office environment.
• Opportunity to lead internal initiatives with the guidance of senior staff.
• Mentorship system and individual development plans to support continuous professional growth.
• Direct engagement with senior leadership and high-level external stakeholders across the global development ecosystem.