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  • Manager, Financial Control at Interswitch East Africa

  • Posted on: 4 December, 2018 Deadline: 20 December, 2018
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  • Interswitch is an Africa-focused integrated digital payments and commerce company that facilitates the electronic circulation of money as well as the exchange of value between individuals and organisations on a timely and consistent basis. The company started operations in 2002 as a transaction switching and electronic payments processing company that builds and manages payment infrastructure as well as delivering innovative payment products and transactional services throughout Africa.

    Manager, Financial Control


    Job description


    We are looking for a qualified Manager, Financial Control who will be responsible for execution of day to day activities in the finance department to ensure alignment with the overall goals and objectives of the organization and compliance with statutory and regulatory requirements.

    Job Responsibilities

    • Serves as key adviser to the CFO on financial issues; interpretation of accounting and tax regulation matters
    • Works closely with and supports relevant group functions especially the Group Head of Financial Control and Group Head of Tax
    • Works directly with the CFO, Group Head of Financial Control and other senior regional and Group executives on major finance projects with a significant financial impact for example IFRS Conversion, Transfer Pricing, ERP implementation and Planning Tool implementation
    • Monitors all third-party payments to ensure that such payments are justified by the value of work successfully completed and are in alignment with the approved budget
    • Works with the CFO to prepare the functions annual budget and monitors its implementation
    • Authorizes expenditure/transactions in line with the company’s approved financial authority limits
    • Oversees the preparation of periodic financial and management accounts in line with Group reporting requirements
    • Reviews the organizations financial performance and prepares the company’s financial reports in line with statutory reporting process
    • Manages effective relationship with banks ensuring timely response to requests/inquiries
    • Develops and maintains appropriate tax structures in compliance with statutory regulations and ensures prompt payment of tax, insurance premiums and other statutory fees
    • Manages accounting applications and filing systems and resolves any accounting entry discrepancies
    • Prepares draft financial statements to be audited, ensuring the statements reflect the company’s financial position and comply with statutory and regulatory requirements
    • Assesses financial adjustments proposed by auditors to be in line with IFRS and accounting standards
    • Responsible for the organizations’ Order To Cash cycle
    • Manages the accounts payable and accounts receivable portfolio
    • Reviews the reconciliation of all ledgers and puts in place adequate controls to reduce discrepancies. Uses insights gained for the preparation of year end trial balance and financial reports
    • Manages the company’s payroll system and ensures it remains fit for purpose
    • Builds and develops the Financial Control team. Assesses resourcing as well as training needs and ensures that these are adequately addressed to strengthen the Financial Control function
    • Manages risk and control within the function

    Academic Qualification(s)

    • Minimum of Bachelor’s Degree in a quantitative field.
    • MBA or Masters degree in related discipline would be desirable

    Professional Qualifications

    Should be a qualified accountant. Relevant professional certifications include CPA, ACCA, ICAEW


    Minimum of 5 years of relevant experience. Experience with ERP systems would be desirable

    Method of Application

    Applications should be received via careers.ke@interswitchgroup.com by 20th December, 2018

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