Summary
Date Posted: Wednesday, May 29 2024, Base Salary: Not Disclosed

JOB DETAILS:
Safaricom is the leading provider of converged communication solutions in Kenya. In addition to providing a broad range of first-class products and services for Telephony, Broadband Internet and Financial services, Safaricom seeks to uplift the welfare of Kenyans through value-added services and support for community projects.

JOB DESCRIPTION
• We are pleased to announce the following vacancy in the Financial Shared Services Department of the Finance Division. In keeping with our current business needs, we are looking for a person who meets the criteria indicated below.
• Reporting to the Record to Report Team Lead, the role holder will be responsible for general accounting and internal control support in line with IFRS including preparation of journal entries, maintenance of Chart of accounts, completion of the month end closing process and ensuring that the general ledger account balances and trial balances are appropriately reconciled as per the company policy for both Safaricom and its subsidiaries. Additionally, they should assure delivery of services as defined in the Service Level Agreement (SLA) /KPI’s applicable for the role.

RESPONSIBILITIES
Below are the key skills and competencies required to be successful in this role:
Accounting Expertise:
• Proficiency in preparing and posting journal entries for a parent company and its subsidiaries.
• In-depth knowledge of month-end closing activities, including general ledger finalization, maintaining close schedules, and making materiality decisions on closing entries.
• Expertise in validating and reporting revenue accurately for the organization and its subsidiaries.
• Consistently upskilling on best practice in accounting processes and accounting systems
Financial Reporting and Data Integrity:
• Strong focus on ensuring data quality and integrity in financial reporting to stakeholders.
• Proficiency in maintaining and analysing standard chart of accounts and performing timely account reconciliations.
• Managing intercompany accounting modules and related entries effectively.
• Proficiency in Microsoft Excel and other analytical tools such as Power BI and Qlik Sense to enable accurate and efficient examination of and interpretation of financial data
Compliance and Regulatory Knowledge:
• Comprehensive understanding of IFRS 16 for proper accounting of leases.
• Proper management of accruals and prepayments, including control of related schedules.
• Effectively revaluating foreign currency denominated balances.
Payroll Accounting:
• Accurately and effectively recording payroll journal entries and reconciling payroll expenses for accuracy.
ERP Systems and Integration:
• Ensuring seamless integration of new products through end-to-end mapping to guarantee transaction completeness, timeliness, and accuracy in ERP systems.
• Ability to work with financial systems (knowledge of Oracle E Business Suite and Hyperion)
Process Improvement and Efficiency:
• Commitment to continuously seeking and implementing process improvements in Record-to-Report (R2R) processes to enhance efficiencies.
Behavioural Competencies:
• Shared Service Center Performance: Ability to work cooperatively with team members to ensure the Shared Service Center meets or exceeds performance standards.
• Ability to provide strong financial decision support to the business
• Able to take a holistic view of the business with a financial focus
• Highly developed interpersonal and communication skills
• High level experience and skills working with stakeholders

QUALIFICATIONS
Experience & Education you should possess:
• A graduate with a degree in a financial field
• Recognized accounting qualification (CPA (K), ACCA, etc.) and a member of a professional body
• Relevant post-graduate education is an added advantage.
• Have at least 4 years’ experience in Finance
• Previous experience working in reporting function necessary.
• Strong, proven accounting acumen
Persons with Disabilities (PwD) and Female candidates are highly encouraged to apply.

Work Hours: 8

Experience in Months: 48

Level of Education: Bachelor Degree

Job application procedure

Method of Application
Interested and qualified? Go to Safaricom Kenya on egjd.fa.us6.oraclecloud.com to apply



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