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  • Posted: Apr 11, 2023
    Deadline: Not specified
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    A holistic platform delivering financial wellness for individuals, improved performance for companies, and new opportunities for banks and lenders. Power is a platform dedicated to enabling holistic financial services to the online informal economy and the poorly served formal economy.
    Read more about this company

     

    Finance Manager

    Role Summary:

    We're seeking a Finance Manager to lead our finance function and support our expansion into new markets. As a Finance Manager, you'll be responsible for developing and executing financial strategies, managing accounting operations, and providing financial insights to our senior leadership team. You'll play a key role in driving the company's growth and success, while ensuring financial integrity and compliance. Additionally, you'll be expected to participate in helping the company raise debt and equity funds from investors and bank partners.

    Key Responsibilities:

    • Develop and implement financial strategies that align with our business objectives and support our growth plans.
    • Oversee accounting operations, including accounts payable, accounts receivable, payroll, and general ledger activities.
    • Manage the budgeting and forecasting process, providing regular updates to our senior leadership team.
    • Prepare and present financial reports, including monthly management accounts, annual financial statements, and ad-hoc reports as required.
    • Develop and implement robust internal controls and processes to safeguard our assets and ensure financial integrity.
    • Manage relationships with external stakeholders, including auditors, tax authorities, financial institutions, and potential investors.
    • Participate in fundraising activities, including preparing financial models and presentations for potential investors and bank partners.
    • Provide financial insights and analysis to support strategic decision-making across the business.
    • Manage and mentor a team of finance professionals, fostering a culture of excellence and continuous improvement.

    Qualifications and Experience:

    • Bachelor's degree in Finance, Accounting, or a related field; MBA or professional certification (e.g., CPA, CMA) preferred.
    • At least 7 years of experience in financial management, preferably in the fintech or financial services industry.
    • Deep knowledge of financial management principles, including budgeting, forecasting, accounting, and reporting.
    • Strong analytical skills, with the ability to distill complex financial data into clear insights and recommendations.
    • Excellent communication and interpersonal skills, with the ability to build relationships and influence stakeholders at all levels.
    • Proven leadership and team management skills, with the ability to motivate and develop high-performing teams.
    • Familiarity with local financial regulations and compliance requirements in Kenya and other African markets.
    • Experience in fundraising activities, including preparing financial models and presentations for potential investors and bank partners

    go to method of application »

    Senior Accountant

    Role Summary:

    We're seeking a Senior Accountant to join our finance team and support our rapid growth. As a Senior Accountant, you'll be responsible for ensuring the accuracy and completeness of our financial records, with a specific focus on reconciliations. You'll work closely with the Finance Manager and other team members to identify and resolve discrepancies, implement best practices, and support the ongoing development of our finance function.

    Key Responsibilities:

    • Conduct daily, weekly, and monthly reconciliations of bank accounts, payment processors, and other financial transactions.
    • Ensure the accuracy and completeness of all financial records, including general ledger accounts, accounts payable, accounts receivable, and other financial data.
    • Investigate and resolve discrepancies in a timely manner, working closely with internal stakeholders and external partners as needed.
    • Develop and maintain robust reconciliation processes and controls, identifying areas for improvement and implementing best practices.
    • Prepare regular reports and analysis on reconciliation activities, providing insights and recommendations to the Finance Manager and other senior leaders.
    • Support the month-end close process, including preparing journal entries, reconciling balance sheet accounts, and ensuring the completeness and accuracy of financial statements.
    • Assist with the preparation of audit schedules and liaise with external auditors as required.
    • Participate in other finance-related activities and ad-hoc projects as needed.

    Qualifications and Experience:

    • Bachelor's degree in Accounting, Finance, or a related field; CPA or other professional certification preferred.
    • At least 5 years of experience in accounting, with a specific focus on reconciliations.
    • Deep knowledge of accounting principles and practices, with a strong understanding of reconciliation processes and controls.
    • Excellent analytical and problem-solving skills, with a keen attention to detail and the ability to identify and resolve discrepancies quickly and accurately.
    • Strong communication and interpersonal skills, with the ability to build relationships and collaborate effectively with stakeholders across the organization.
    • Familiarity with accounting software (e.g., QuickBooks, Xero) and advanced Excel skills.
    • Experience in the fintech or financial services industry is preferred.
    • Proven ability to work independently, manage multiple priorities, and meet deadlines in a fast-paced, dynamic environment.

    Method of Application

    Use the link(s) below to apply on company website.

     

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