Job Title: Assistant Manager – Accounting
Hiring Organization: Fresh
Life
Location – Locality: Nairobi
Location – Region: Kenya
Industry: Service
Job Type: Full
Time
Salary: KES
Competitive
Date Posted: 02/26/2024
Fresh
Life is an award-winning social venture based in Nairobi, Kenya. We undertake
two exciting lines of work:
We provide safe, sustainable sanitation services to residents living in urban informal settlements of Nairobi, Kisumu and Eldoret using end-to-end non-sewered sanitation solutions.
We
partner with cities to develop and deliver safe sanitation and waste management
for urban residents. Using a systematic methodology, we match cities’
sanitation and waste management needs with technology and service delivery
models, and then offer clear guidance on the steps that governments, funders,
service providers and technology developers can take to develop and implement
integrated service delivery systems.
Operational
since 2011, The Sanergy Collaborate serves over 150,000 urban residents with
safe sanitation services every day and safely removes nearly 20,000T of
sanitation waste per year. We have built a team of over 400 employees from
diverse backgrounds who all embody the drive, creativity, teamwork, and passion
that make us achieve our goals. For our work, we have been recognized by the
Gates Foundation as part of the 2030 Sustainable Development Goals accelerator
and by Fast Company as one of the 10 most innovative companies in the world
doing social good and one of the 10 best companies in Africa.
About
the Role
Ensure
timely payment processing to all suppliers, reporting on Accounts Receivable,
Accounts Payable, Treasury, and Audit functions. Facilitate accurate and timely
ledger postings, reconciliation of balance sheet accounts, financial statement
preparation, and coordination of audits.
Duties
and Responsibilities
Payment
Processing and Financial Reporting:
Lead the
Accounts Payable/Receivable, Treasury, Audit, and Month End Close team.
Review
and process all due bills for payment, ensuring timely payments to service
providers.
Reconcile
processed work, verifying entries, and comparing system reports to balances.
Respond
to vendor inquiries regarding finance and negotiate payment terms with external
stakeholders.
Prepare
analyses of accounts and monthly reports, continuously improving the payment
process.
Analyze
financial information, summarize financial status of the organization, and
recommend actions to resolve identified discrepancies.
Accounts
Receivable Management and Reporting:
Collaborate
with retention teams to track and manage AR performance for improved
collections.
Prepare
and analyze AR reports, including models to track key metrics.
Inter-company
billing and reconciliation.
Treasury
Management and Operational Efficiency:
Reconcile
revenue and expenditure items on the TB and share documentation with the Audit
team.
Identify
operational efficiencies and enhancements to internal controls.
Monitor
bank balances, currency conversions, and payment uploads.
Own
relationships with banking and cash cycle-related vendors.
Manage
the reconciliation and schedules of all balance sheet accounts and their
sub-ledger accounts.
Audit and
Compliance:
Perform
and control the full audit cycle, including risk management and control
management over operations’ effectiveness, financial reliability, and
compliance with all applicable directives and regulations.
Coordinate
periodic internal and external audits, including Grant audits where applicable.
Prepare
and present reports reflecting the audit’s results and document processes.
Financial
Governance and Risk Management:
Develop
and implement methodologies for controlling foreign exchange exposure, excess
cash management, debt facilities management, and interest rate risk management.
Grant and
project fund management in collaboration with the Business Development team.
Monthly
COGs reconciliation and chargeback to inventory for all products.
Qualifications
Business
Degree preferably in Finance or Accounting.
CPA/ACCA
Finalist.
Minimum 7
years’ experience in accounting with at least 2 years in Treasury, AR & AP
management.
Preparation
of financial reports.
Advanced
Microsoft Excel knowledge is a MUST.
Excellent
quantitative and analytical skills of large data sets are a MUST (will be
assessed).
Strong
team player and communicator, decisive with problem-solving skills.
