Accountant

Posted :

by :

  • Kenya

Website Bayes

About the Job

We are seeking a detail-oriented and analytical Accountant to oversee Pi Capital Ltd’s financial operations. This role involves maintaining accurate financial records, preparing insightful reports, managing liquidity, supporting audits, and ensuring compliance with internal and external financial regulations. The ideal candidate will bring a strong understanding of financial analysis, budgeting, reconciliation, and cost control, playing a key role in driving financial health and operational efficiency.

Responsibilities

Financial records maintenance-Ensure accurate and up-to-date maintenance of the company’s financial records by recording all transactions in a timely manner, maintaining a clear audit trail, and ensuring entries are properly classified according to applicable financial reporting standards and internal policies.
Financial reporting-Prepare and share comprehensive weekly and monthly management financial reports, ensuring accuracy, completeness, and timeliness. Reports should enable leadership to make data-driven decisions and include key insights, performance trends, and relevant financial metrics.
Financial analysis-Interpret financial results to identify trends, variances, and areas for improvement. Provide actionable recommendations that support the company’s financial health, optimize operational efficiency, and enhance profitability through informed analysis and benchmarking.
Float management-Monitor and maintain Pi Capital’s float balances across various platforms including M-Pesa, B2C portal, and bills payment portal. Ensure sufficient liquidity at all times while minimizing idle funds and promptly resolving discrepancies or mismatches.
Reconciliation-Perform regular reconciliations of bank statements, M-Pesa, and other financial accounts to ensure accuracy and resolve any discrepancies promptly. This includes daily, weekly, and monthly reconciliations.
Budgeting and forecasting-Assist in the preparation of annual budgets and financial forecasts, providing input on revenue projections and expense management.
Audit support-Coordinate and facilitate internal and external audits by preparing necessary documentation, providing explanations, and responding to auditor inquiries.
Compliance and internal controls-Ensure strict adherence to all relevant financial regulations, tax laws, and internal policies. Support the development and implementation of robust internal controls to safeguard company assets and ensure financial integrity.
Cost control and efficiency-Identify opportunities to reduce costs and improve financial efficiency across operations.
Stakeholder collaboration-Work closely with other departments to support their financial needs and provide accurate financial information for decision-making.
Systems improvement-Contribute to the continuous improvement of accounting processes and systems to enhance efficiency and data accuracy.
Regulatory reporting-Prepare and submit various regulatory reports to relevant authorities as required, ensuring compliance with all statutory obligations.
Fixed Assets Management-Maintain a comprehensive fixed asset register, ensuring proper capitalization, depreciation calculation, and physical verification of assets. This includes tracking asset movements and disposals.
Payroll management-Assist with payroll processing and ensure accurate and timely disbursement of salaries, statutory deductions, and other employee benefits. Ensure compliance with labor laws and tax regulations.

Requirements

Technical Accounting Skills: Strong understanding of accounting principles and financial reporting standards. Proficiency in accounting software.
Analytical Skills: Ability to interpret financial data and provide actionable insight. Attention to Detail: High accuracy in data entry and reconciliation.
Financial Analysis: Ability to analyze financial performance and suggest improvements.
Communication Skills: Strong written and verbal communication for preparing reports and interacting with stakeholders.
Organizational Skills: Ability to manage multiple tasks and deadlines effectively.
A Bachelor’s degree in Accounting, Finance, Business Administration, or a related field is required.
A minimum of 3 years of relevant experience in the fintech, microfinance, or broader financial services industry.
Professional certification such as CPA (Certified Public Accountant) or ACCA (Association of Chartered Certified Accountants) is highly preferred and considered a strong advantage.

To apply for this job email your details to hr@bayes.co.ke