Record to Report Analyst (Cash Management) at Safaricom Kenya

Job Description

Reporting to the Record to Report Team Lead, the role holder is responsible for ensuring bank reconciliations are completed on time, all banking’s are verified daily and correctly captured in ERP, ensure accuracy and completeness of all Bank & M-PESA transactions in accordance with policies and International Accounting Standards.

Key accountabilities and decision ownership: 

• Daily bank reconciliation of the bank accounts assigned to them. 
• Assist in the development of relevant Treasury Operations processes and controls & ensuring their review and subsequent approval. 
• Assist in closing on internal and external audit requests and follow up implementation of the recommendations. 
• Ensure timely month end reporting including all P&L schedule Balance Sheet schedules by expected timelines. 
• 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 with Technology Enablement 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. 
• Ensure correspondence to the various partners (Banks, retail centres, & Credit Control etc) is actioned within 24 hours. 

Must have technical / professional qualifications:  

• 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. 
• In depth knowledge and experience to provide strong financial decision support to the business. 
• Able to take a holistic view of the business with a financial focus. 
• Up to date knowledge of best practice in accounting processes and accounting systems. 
• Highly developed interpersonal and communication skills. 
• High level experience and skills working with stakeholders. 
• Strong, proven accounting acumen. 
• Experience in financial systems (knowledge of Oracle E Business Suite and Hyperion). 
• Thorough understanding of the International Financial Reporting Standards (IFRS). 
• Good knowledge in excel and other analytical tools such as Power BI and Qlik Sense 
• Able to examine and interpret financial data