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  • Posted: Sep 1, 2020
    Deadline: Not specified
  • Note: Never pay any money to any recruiter for any purpose (certificates, medical testing, interview, work kit or any other thing).
    Lipa Later is a risk free, point of sale credit option that allows retailers to sell goods and services to consumers with repayments made in affordable monthly instalments. It is the leading third party instalment plan for retailers in East Africa currently operating in Kenya and Rwanda. Our product offering allows for both online and offline integration with retailers and both online and offline sales platforms for consumers.
    Read more about this company

    Junior Accountant

    The role will include the following responsibilities:

    Reporting to the Senior Accountant, the Junior Accountant will be responsible for providing financial, administrative and clerical support to the organization.

    • Confirming and updating all payments received that relates to loan repayments, Investors contributions and Clients Top Up contributions.
    • Posting of payments to the Customer Relationship Management (CRM) system.
    • Responding to any queries regarding loan repayments, Top Ups or Clients contributions.
    • Confirming loans details on the loan payment vouchers against entries in the loan management system.
    • Preparing daily disbursements and collections reports. Collections reports includes Partial Receipts, Drop Offs, Nil (Zero) receipted accounts and Full Settlements.
    • Filling and retrieval of all payment vouchers relating to loans and expenses.
    • Weekly reconciliation of Petty cash transactions and posting entries in the accounting system.
    • Fully support the senior Accountant during the reporting and consolidation process.
    • Aid in ensuring reliability and integrity of the accounting system reporting.
    • Analysis of actual vs budgeted figures and query variances.
    • Working closely with auditors and ensuring this is done on a timely basis.
    • Documenting procedures and maintain a strong internal control environment.
    • Ad-hoc tasks required by the finance team (e.g. tax preparation).

    Experience, Skills and Qualifications Required:

    • At least 2 years’ experience in a similar position
    • Hands-on experience working with general ledgers
    • Proficiency in SAGE accounting software
    • Excellent organizing abilities
    • Great attention to detail
    • Good with numbers and figures and an analytical acumen
    • Good understanding of accounting and financial reporting principles and practices esp. IFRS/IAS and Kenyan GAAP
    • Excellent knowledge of MS Office and familiarity with relevant accounting software
    • Bachelor’s Degrees in the following subjects- Accounting or Finance
    • Qualifications (e.g. CPA , ACCA or CIMA) is required.

    go to method of application »

    Treasury Accountant

    The role will include the following responsibilities:

    The treasury accountant will be responsible for cash reporting, cash forecasting, bank reconciliations, and ensuring that all bank movements are recorded on the GL.

    • Preparation of weekly bank reconciliations and ensuring all variances are resolved within prescribed timelines.
    • Preparation of monthly cash reports based on cash movements for the month.
    • Preparation of monthly cash forecasts based on anticipated inflows and outflows.
    • Responsible for updating Investor statements on a monthly basis taking into account movements for the month.
    • Transition the update of the credit card statements and work with the Collections team to ensure timely settlement of outstanding amounts.
    • Coordinate the update of the general ledger for all cash and bank movements.

    Experience, Skills and Qualifications Required:


    • Bachelor’s degree in Finance, Accounting or a related field.
    • Professional certification of CPA II+ is ideal.
    • Should have 1-3 years’ experience.
    • Experience working with a Fintech organization is an added advantage
    • Past experience working in corporate setting preferred
    • Analytical with a keen eye for detail
    • A strong communicator who is not afraid of voicing their opinions and thoughts.
    • Capable of handling multiple tasks simultaneously.
    • Capable of working well and meeting deadlines under minimal supervision.

    Method of Application

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


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Average Salary at Lipa Later
KSh 20K from 2 employees

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