Treasury & M-PESA Operations Specialist at Safaricom Kenya

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