Summary
Date Posted: Thursday, October 27, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
Brief Posting
Reporting to the Treasury and MPESA Operations Team Lead, the individual is responsible for ensuring Bank reconciliations are completed on time and reviewed on a daily basis, all Banking’s are verified daily and correctly captured in ERP, Manage Float requirements for M-PESA organizations, ensure accuracy and completeness of all Bank & M-PESA transactions in accordance with policies and International Accounting Standards. The position holder will also lead the team on other day to day M-PESA & Treasury functions as assigned by the Team Lead.

Key Responsibilities
• Review of daily bank reconciliation of all the bank accounts maintained by the company
• Develop relevant Treasury & M-Pesa Operation processes and controls & ensuring their review and subsequent approval
• Take leadership of internal and external audit and follow up implementation of the recommendations.
• Ensure timely month end reporting including all P&L schedule Balance Sheet schedules by expected Timelines
• Oversee Management of Float requirements for M-PESA organizations
• Ensure seamless integration of new products into the cashbook through end-to-end mapping aimed at ensuring completeness, timeliness and accuracy of transactions into ERP
• Liaison amongst relevant departments to ensure projects are successfully launched &Finance is supported in terms report requirements
• Liaison between with Financial Systems & M-PESA support team in case of any system challenges
• Facilitate timely resolution of issues to do with the transmission of data between the bank and download into ERP/Intellimatch
• Ensure all reconciling items appearing on the bank reconciliation are properly supported by a detailed listing and resolved in a timely manner
• Review of monthly bank charges and interest income schedules as prepared by Treasury & M-PESA Operations Team.
• Ensure correspondence to the various partners (Banks, retail centres, & Credit Control etc) is actioned within 24 hours
• Ensure timely Snap-shot submission in the M-Pesa system before the new day’s file are uploaded
• Ensure team responds in a timely manner to queries addressed to the M-PESA & Treasury team from all stakeholders
• Ensure Daily Float Application within set SLA’s
• Ensure the team undertake timely Transaction Revenue reconciliations and subsequent withdrawal of the same
• Ensure the team undertake timely reconciliations and settlement of partnership revenues and subsequent booking in the GL for reporting.
• Lead and manage the team, ensuring the team have clear priorities and direction and remain motivated through inspirational leadership and coaching
• Increase the employee engagement index for the team in line with mission.

QUALIFICATIONS
• Business related bachelor’s degree from a recognized university.
• Qualified accountant with CPA (K)/ACCA/CIMA/ACA is a must.
• 4-6 years post qualification experience in finance experience preferable handling treasury or bank reconciliations
• Demonstratable strong numeric and analytical skills
• Proficiency in data analytics and visualization tools such as Power BI, Qlik etc
• Hands on experience working with mobile money platforms and accounting systems e.g., Oracle, Hyperion, SAP etc
• A strategic thinker, shaping processes, controls, and systems.
• Strong analytical skills and a keen attention to details.
• Self-driven, results oriented, proactive and an ability to work without supervision.
• Manages the business and people aspects of change to drive performance

Work Hours: 8

Experience in Months: 60

Level of Education: Bachelor Degree

Job application procedure

Interested and qualified? Go to https://safaricom.taleo.net/careersection/ex/jobdetail.ftl?job=22000681&lang=en& to apply


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