Accountant at 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.

2. 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.

KNOW-HOW AND EXPERIENCE

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.

  View more jobs here