Accountant at People FOCO

  • Full Time
  • Nairobi

People FOCO

Our client, a Microfinance bank based in Nairobi, Kenya, is looking for an accountant to join their team. The chosen candidate will be responsible for the following roles and responsibilities:

  1. Finance Duties

  • Ensure accurate recording of financial transactions in the computerized accounting systems (Bankers Realm).
  • Monitor the cash flow situation of the institution and update the departmental head regarding cash flow status and any need for inter-bank funds transfers.
  • Coordinate with all accounts assistants to ensure a timely flow of data for monthly report preparation.
  • Maintain up-to-date files for bank transfers, bank reconciliations, and cheques, keeping them securely available to authorized staff only.
  • Maintain the asset register.
  • Handle preparation and processing of vendor payments.
  • Prepare end-of-month journals for posting in the system and carry out monthly sub-ledger reconciliations.
  • Ensure timely payment of all branch expense claims and verify adequate funds availability in the respective branches to meet their needs.
  • Assist the departmental head in budget preparation and consolidation.
  • Provide support to Internal and External Auditors and assist in implementing audit recommendations.
  • Handle the filing of company statutory returns, including WHT, Excise duty, PAYE, NSSF, and NHIF.
  • Generate the CBK report.
  1. Payroll Process

  • Administer the company’s payroll and handle associated statutory requirements (PAYE, NSSF, NHIF, leave) and other authorized pay deductions.
  • Collaborate with the Head of Finance and HR department to prepare accurate inputs, deductions, and computations for monthly payroll processing for all staff.
  • Assist in preparing monthly payroll cost analysis and reports, including summaries of earnings, taxes, deductions, and leave days.


Qualifications and Experience

  • Bachelor’s degree in finance/accounting.
  • Minimum Part two qualification in CPA.
  • At least 3 years of experience as an accountant in a busy financial institution.

Organization and Administration Skills

  • Possess excellent organization, time management, and self-management skills.
  • Ability to prioritize daily and monthly tasks and effectively manage one’s own schedule.
  • Capable of planning, coordinating, and monitoring workload efficiently.
  • Can handle pressure and work against conflicting deadlines.
  • Demonstrates initiative in all matters and can handle confidential information.

Interpersonal Skills

  • A self-motivated team player with adaptability to work cooperatively and effectively in various situations and teams to carry out assigned tasks.
  • Ability to build and maintain effective relationships with individuals and the team as a whole.
  • Demonstrates the ability to motivate others through personal modeling, professional credibility, and trust.

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