Accountant Job Vacancy at Sumac Microfinance Bank Ltd

Sumac Microfinance Bank Ltd

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Experience Required:3 Years
Total Positions:1
Job Type: Full Time
Job Category: Accounting
Minimum Education: Degree
Job Location: Nairobi, Kenya
Posted on: February 24, 2022
Last Date: March 6, 2022

Job Description

KEY RESPONSIBILITIES INCLUDE:
• Ownership of all the General Ledger accounts ensuring that they are reconciled at all times.
• Preparation of bi-monthly bank reconciliations through the core banking system.
• Maintaining fixed assets register modules through the core banking system.
• Ensuring implementation of revised finance and procurement policies.
• Ensuring implementation of other system upgrade areas affecting accounts operations and reporting.
• Ensuring accurate and timely posting of entries while ensuring data integrity into the core banking system.
• Ensuring all accounting entries are correctly matched to their budgeted cost and revenue centers.
• Ensuring all costs and revenues are accrued for in a timely manner.
• Timely payments of suppliers and customer payment requests while verifying documentation.
• Timely settlement of statutory obligations such as taxes and loan obligations.
• Filing of statutory reports to regulators by the set statutory deadlines
• Ensuring adequate cashflows at all times
• Preparation of accurate and timely Monthly and annual Accounts namely balance sheet, profit and loss statement and other reports in adherence to relevant IFRS
• Ensuring overall adherence to budget
• Proactive cost management
• Timely treasury replenishment across all branches
• Reconciles financial discrepancies by collecting and analyzing account information.
• Any other duties delegated by the supervisor from time to time

SKILLS AND COMPETENCIES:
• Good time management
• Respect for peers
• Confidentiality
• A team player
• Assertiveness and self-drive
• Honesty, reliability and dependability
• Good interpersonal skills
• Good communication skills
• Analytical skills
• Speed and accuracy
• Customer service orientation
• Ability to work under pressure and manage time efficiently
• Ability to solve complex problems and make decisions effectively

QUALIFICATIONS AND SKILLS:
• University degree in either Finance/Accounting/Banking/Economics or Business Admin.
• CPA (K) or ACCA Finalist
• A master’s Degree will be an added advantage
• 3 years working experience in a similar position in the banking industry preferably a regulated Microfinance Bank.

Skills Required

Excellent Time Management
Confidentiality
Team Player
Self Driven
Interpersonal Skills
Communication Skills
Analytical Skills
Customer Service Skills
Ability to Work Under Pressure
Problem Solving Ability