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  • Posted: Jul 25, 2022
    Deadline: Not specified
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    We have been measurably improving the health of Kenyans since 1989. Our approach harnesses the vitality of the private sector to improve health outcomes for "Sara” - our archetype that focuses our interventions. We address the most serious health challenges affecting resource-poor and vulnerable communities in Kenya, including HIV/AIDS, reproductive h...
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    Senior Accountant - Social Business Unit

    The Social Business Unit (SBU) is the business arm of PSI that focuses on balancing commercial viability and social impact to deliver consumerpowered healthcare at scale through social enterprise entities in markets around the globe including India, Southern Africa, Angola, Cambodia, Myanmar, Vietnam, Uganda, Kenya, Ethiopia, Paraguay, and Central America. The SBU vision is to design consumercentric social enterprises that use a combination of digital and offline healthcare solutions to support consumers' selfcare journey, and give them choice, voice and agency in their health and wellbeing.

    PSI's Social Business Unit has unique requirements compared to PSI's not for profit activities, and this position is intended to act as a bridge between the accounting needs of the SBU and the rest of PSI. By ensuring accurate recording and reporting of global and country level SBU transactions and identifying areas for improvement, this position will drive accurate, timely reporting of financial performance. In addition to working with the country office teams, you will work with members of the Global Finance team, including the Controller's team, Regional Finance Operations and Budget and Insurance team. This position will be expected to implement and coordinate financial integration activities with respect to monthly consolidation, intercompany transactions, and policy alignment among existing PSI SBU teams and processes with local GAAP, PSI Global and US GAAP requirements. This person would also be responsible for the accurate accounting for PSI SBU's strategic investments, including assisting with determining the appropriate accounting treatment of new business initiatives and models e.g., new partnerships, distribution agreements and new markets, in alignment with US GAAP and local statutory requirements. This person will ideally have relevant experience with various areas of accounting including business combinations, intercompany, revenue recognition, consolidation, foreign currency, valuation concepts, and be familiar with different financing methods.

    PSI seeks a Senior Accountant, Social Business Unit that will Play a key role in PSI's financial success. Work across several functional areas of financial operations. Work on a team within our DC headquarters and liaise with finance teams in over 14 field offices worldwide to maintain the general ledger and perform month end close and support audits.

    Responsibilities

    Your contributions

    1. Reconcile general ledger accounts and bank accounts 30% of Time
    2. Including but not limited to: inventory accounting, accounts receivable recording and management, identification of appropriate reserves, identification of stock obsolescence risk, intercompany accounting, and invoicing
    3. Prepare journal entries to record inventory movements, fixed asset acquisitions and disposals 20% of Time
    4. o Including but not limited to: accounts receivable recording, accounts receivable reserves, obsolete stock, and intercompany transactions accounting and invoicing
    5. Analyze general ledger account balances and transactions 10% of Time
    6. Support internal customers at HQ and in field offices worldwide 10% of Time
    7. Support high complexity audit samples by explaining documentation to auditors 20% of Time
    8. Perform other duties and special projects as assigned 10% of Time
    9. Identify and propose changes to PSI's Global Controller and Vice President SBU in PSI Global accounting policies and/or local accounting policies to reflect the needs of the SBU in line with GAAP and local statutory reporting requirements.
    10. Work in coordination with PSI's Global Finance, Regional Finance Officers and SBU to communicate changes, provide training and ongoing support to countries to help ensure that their accounting structure is aligned to SBU, local and Global reporting requirements.
    11. Implement compliance activities and contribute to special projects that strengthen controls, leverage technology, result in operational efficiencies and help drive results.
    12. Time percentages listed above are not exact. They are estimates and may change. This is also not an exhaustive list of all tasks that an incumbent is expected to perform but is instead a summary of the primary responsibilities and requirements of the job. The incumbent may be asked to perform duties not included above. PSI reserves the right to revise job profiles at any time based on changes to the required job responsibilities. Qualifications

    What are we looking for?

    1. Bachelor's Degree (or international equivalent) in Accounting or related field Master's Degree (or international equivalent), CPA or equivalent preferred At least 7 years of related experience. Equivalent combination of relevant education and experience may be substituted. At least 1 year of Public Accounting in an audit firm (as part of the overall 7 years of experience) preferred. Expert Excel experience required: pivot tables, vlookups, and sumifs formulas. Familiarity with ERPs. Strong verbal and written communication skills. Able to translate and communicate complex accounting and financial information to employees with varying levels of financial knowledge. Familiarity with USG rules and regulations preferred.
    2. Experience with standard endtoend financial processes such as forecast, close, analysis, and reporting.


    The candidate we hire will embody PSI's corporate values:

    **Measurement:**You use hard evidence to make decisions and guide your work. You set clear goalposts in advance and explain clearly if you need to move them. Pragmatism: You'll strive to deliver the best possible result with the resources available. You won't be paralyzed by a need to make things perfect. **Honesty:**You own your mistakes and are open about your shortcomings – it's the only way you'll learn and improve. **Collaboration:**You'll quickly establish a mental map of whom you can rely on for what, on your team, at headquarters, and in our country offices – if you try to do it all yourself, you won't succeed. **Trust:**You accept limits to your sphere of control and give colleagues the benefit of the doubt. **Commitment:**You are in it for the longhaul and want to grow with the organization, just like PSI serves its consumers and partners with hostcountry governments through thick and thin.

    References will be required. The successful candidate will be required to pass a background check. For domestic positions: Must be authorized to work in Kenya. N.B. PSI will not consider work visa sponsorship for this position.

    PSI has implemented a COVID19 Vaccine Mandate to provide a hazard free employment and work environment in our commitment to our employees. Candidates offered a position will be required to provide proof of vaccination prior to their start date and their employment will be contingent on this. Candidates needing a medical or religious accommodation should let their recruiter know.

    PSI is an Equal Opportunity Employer and encourages applications from qualified individuals regardless of actual or perceived race, religion, color, sex, age, national origin, disability, sexual orientation, marital status, personal appearance, matriculation, political affiliation, family status or responsibilities, gender identity or expression, pregnancy, childbirth, related medical conditions or breastfeeding, genetic information, amnesty, veteran, special disabled veteran or uniform service member status or employment status.

    ACCESSIBILITY NOTICE: If you need a reasonable accommodation for any part of the employment process due to a physical or mental disability, please send an email to: newhiresupport@psi.org or call (202)7850072.

    Method of Application

    Interested and qualified? Go to Population Services International (PSI) on careers-psi.icims.com to apply

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