Role: Financial Accountant
Location: Nairobi, Kenya
Starting date: As soon as possible
Remuneration: Commensurate with experience
Who we are
Founded in 2016, Pezesha is an online marketplace for business loans. We connect MSMEs to affordable working capital and other financial services through a collaborative approach with capital providers and supply chain partners. We have an ambitious growth plan to target 500,000 SMEs over the next 2 years across Africa by enabling them with affordable working capital. We are operational in Kenya and Uganda and are looking to scale across EA in the next 2 years. It is an incredibly exciting time to join us as we enter our next phase of growth!
Visit our website: https://pezesha.com/ for more information.
Pezesha has a team of 55+ staff and combined with the board members they bring more than 20+ years of market, regulatory and strategy combined experiences with successful Fintech startup exits in the past.
We are looking for experienced Financial Accountant (s) who will wear many hats and be responsible for financial planning and analysis, forecasting, budgeting, and internal control. In addition play an instrumental role in daily reconciliations and financial reporting across various stakeholders.
Primary responsibilities:
- Maintain accounts for the company and any subsidiaries or countries we operate as per international financial reporting standards (IFRS and IAS) and ensure high levels of accuracy and attention to detail.
- Perform month-end close activities, including preparation of journal entries and reconciliations for various balance sheet and income statement accounts
- Perform financial statement analysis and document meaningful explanations for fluctuations
- Performing risk management by analyzing the organization’s liabilities and investments
- Ensure all accounting processes are streamlined and in accordance with the respective jurisdiction.
- Recommending changes in policies or procedures (technical and operational) that will improve financial performance
- Processing payroll and any external payments on time as per company calendar
- Liaise with external auditors to facilitate quarterly and annual audits and implementation of all their recommendations in our books
- Forecast monthly and quarterly cash requirements for the business and prepare/update periodic budgets for the different departments and any company activities or projects
- Provide strategic decision making based on accounting reporting to always ensure cost management and revenue optimization strategies
- Collaborate with finance and credit operations team for investor reporting, covenant compliance, budget variation, financial statements analysis
- Reconcile transactions and bank statements
- Liaise with all other business units to challenge the status quo, implement new ideas, investigate and implement more efficient solutions and treasury processes
- Monthly or Quarterly Follow up and invoicing with suppliers or service providers to ensure timely payments to/from them
- Updating Liquidity models across all our portfolios and institutional lenders
- Unit of economics across all portfolios and providing recommendations on areas of optimisations of costs
- Understanding of how new related finance laws and regulations affect our business and suggesting ideas or approaches that we need to implement to comply with those laws in a cost effective manner
- Knowledge transfers and mentorship to the Junior Accountants.
- Any other tasks assigned by the CFO or CEO or COO
Your skills and experience:
- At least 5 years of relevant accounting experience, with at least 3 years with a high growth startup/company.
- Lateral experiences within a corporate finance, investments & transactions, or Fintech comparable role will be favored.
- Excellent communication and presentation skills.
- Advanced knowledge of online QuickBooks or other related accounting software or tools
- Sound analytical skills and advanced skills using Microsoft Excel.
- Strong understanding of IFRS
- Good understanding of local taxation in KE / prior experience dealing with KRA Audits/Requests
- Professional qualification: CPA or ACCA or CFA certified or an equivalent certified
- Added advantage: experience in Fintech or East African Banking industry
- Added Advantage: Fintech or Lending/Credit Background
Your personal characteristics
- Intrinsically motivated by the mission of Pezesha Africa
- Results-orientated and pragmatic with exceptional quantitative and analytical ability and attention to detail and integrity
- Independent thinker and worker who can juggle multiple projects simultaneously with fast-changing priorities
- Accepts constructive criticism positively
- Flexibility to roll up your sleeves and attack problems and projects as they arise, where you will need to set out a clear structure, method and outcomes yourself
- Tech savvy who embraces new software and online tools and is personally interested by tech-enabled solutions
- Effective and Efficient in managing and communicating with team members and stakeholders based remotely or in different timezones.
How to apply;
The applicants who do not indicate THE REF NO and job title will be automatically disqualified.
Please send a single pdf file containing a brief and bullet-pointed cover letter and your CV on the subsequent page(s) with “Ref: Financial Accountant 2024” as the subject of your email to [email protected]
The applicants who do not indicate THE REF NO and job title will be automatically disqualified.
