To independently manage Avenews KE's day-to-day financial operations, maintain accurate books of account, monitor liquidity, and prepare timely financial and management reports. The role will also coordinate the annual statutory audit.
Key responsibilities
Process and reconcile customer disbursements and repayments.
Maintain accurate books of account and general ledger.
Prepare monthly management accounts and financial reports, including the income statement, balance sheet and cash-flow statement.
Prepare portfolio, liquidity, cost and budget-variance reports.
Process payroll and statutory deductions.
Manage supplier invoices and payments.
Prepare daily cash-position reports and rolling cash-flow forecasts.
Lead the annual budgeting and periodic forecasting processes.
Complete bank, portfolio and balance-sheet reconciliations.
Manage tax and statutory filings.
Coordinate the annual statutory audit, including audit schedules, financial statements and auditor queries.
Maintain strong payment, disbursement and accounting controls.
Provide financial information for management and regulatory reporting.
Month-end and year-end close ownership - including cut-off, accruals, prepayments, journal entries and review of the GL.
Loan portfolio accounting and reconciliation - reconciliation of disbursements, repayments, principal, interest and fees between the portfolio records and the GL, including investigation of unidentified transactions and prevention of duplicate booking.
Customer repayment allocation - identifying and correctly allocating customer repayments and resolving any unmatched or incorrectly booked transactions.
Balance sheet ownership - including AP, receivables, fixed assets, statutory accounts and other balance-sheet reconciliations.
Journal entries and accounting adjustments - ensuring all entries and adjustments are properly supported, reviewed and maintain a clear audit trail.
Statutory compliance - ensuring timely filing, payment and reconciliation of PAYE, NSSF, SHIF, AHL and other applicable taxes and statutory obligations.
eTIMS and supporting documentation - ensuring supplier invoices and expenses have the required tax documentation and comply with eTIMS requirements.
Finance controls - maintaining proper supporting documentation, approval trails and controls over payments, disbursements and accounting entries.
Qualifications and experience
Bachelor's degree in Finance, Accounting or a related discipline.
Fully qualified CPA(K), ACCA or equivalent.
At least five years' relevant finance and accounting experience.
Demonstrated ability to prepare complete financial and management reports.
Experience coordinating a statutory audit through to signed financial statements.
Strong experience in bookkeeping, reconciliations, payroll, payments, budgeting and cash-flow management.
Experience in lending, fintech, banking or microfinance is preferred.