Record to Report Analyst (GL,Reporting and Intercompany) at Safaricom Kenya

Job Description

Reporting to the Record to Report Team Lead, the Record to Report Analyst is 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

Key accountabilities and decision ownership: 

• Accountable for preparation and posting of journal entries for Safaricom and its subsidiaries. 
• Performing the month end closure activities: finalizing the general ledger, maintaining the close schedule, scheduling of subsystem feeds, giving proposal for materiality decisions on closing entries and communicating to internal customers on formal closure of the month. 
• In charge of Revenue validation and reporting for Safaricom and its subsidiaries. 
• Ensuring data quality and integrity in reporting financial information to the stakeholders 
• Maintaining accountability for the standard chart of accounts and for the account analysis/ reconciliations on a timely basis. 
• Managing intercompany modules and related entries in these accounts. 
• Cooperating with other team members to ensure that the Shared Service Center is meeting or exceeding performance levels. 
• Continuously seeking to improve the R2R processes to increase efficiencies in line with leading practices. 
• Properly manage accruals and prepayments and keep a proper check control of the schedules. 
• Responsible for payroll accounting including recording journal entries and reconciling payroll expense for correctness. 
• Responsible for ensuring that leases are accounted for in accordance with IFRS 16. 
• Revaluation of foreign currency denominated balances. 
• Ensure seamless integration of new products through end to end mapping  aimed at ensuring completeness, timeliness and accuracy of transactions into ERP. 

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. 
• Previous experience working in reporting function necessary. 
•  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