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Wednesday, January 25, 2017
Branch Associate Accountant Job in Nairobi, Kenya
Branch Overview: Branch.co delivers world-class financial services to the mobile generation. The spread of smartphones presents an incredible opportunity for the world’s emerging middle class to access banking options and achieve financial flexibility.
Branch.co is revolutionizing banking in Kenya, and will soon expand to other countries in East Africa and in other regions across the globe.
What We Offer
You will be part of a talented, passionate team that is determined to make a positive impact on the lives of the mobile generation throughout the developing world.
You will join a team with unmatched experience in financial technology and emerging markets. Since our launch in April 2015, we’ve disbursed hundreds of thousands of loans. Our success has led to investments from Silicon Valley’s leading VCs.
The Associate Accountant will work under the Finance Manager Africa. This will be a permanent role that will involve, accounting, reporting and analysis as well ensuring adherence to internal controls and statutory compliance.
The Associate Accountant will be required to assist in the developing and designing of new KPIs and reconciliation templates and ensure all the reports are updated and sent out on time.
Perform cross country accounting functions as assigned including, but not limited to verifying, allocating, posting and reconciling transactions with deep understanding of GAAP and IFRS accounting standards
Take charge of month end procedures and timelines
Assist with testing and receive final approval for accounting software reports required for management, financial reporting and general ledger reconciliations.
Assist with annual external audit. Complete requested materials. Assist in preparing assigned schedules for the annual and interim audit.
Reporting and Analysis
Assists in preparation of monthly management report and accompanying schedules, worksheets and narratives, including “Budget vs. Actual” variance reports.
Be able to set up accounting books and procedures for new countries
Assist in providing follow-up and documentation of significant variances.
Assist with completion of the quarterly and annual regulatory filings; preparation of assigned Quarterly and Annual Statutory Statement pages/schedules.
Production of daily, weekly, monthly reconciliations for each country covering Disbursements, Repayments and Net cash, third party contracts e.g. Mpesa, Vodafone, Cellulant
Forex impact analysis
Conform with and abide by all regulatory guidance and internal policies & procedures.
Document policies, procedures and workflow for assigned areas of responsibility.
Contribute to department and organization special projects as assigned.
Qualifications & Skills
Bachelor’s degree in Finance related areas
At Least 2 years solid Accounting experience preferably handling more than 2 countries
Experience working with accounting software, QuickBooks, Pastel, Sage, Oracle
Very analytical with expert Excel skills
Fluent spoken and written Swahili and English
Super Organized & Results focused
Able to work with tight deadlines and in a startup environment