Junior Finance Analyst
Manage all trade payables and receivables by ensuring the appropriate payments are processed within the prudential timelines and receivables are pursued and collected within the agreed period.
Ensure all transactions that are done off the Core Banking System are booked in the Accounting system.
Prepare monthly, quarterly and annual financial reports
Reconciliation of bank statements and failed transactions both in the Core Banking System and the Accounting system
Participate in financial audits.
Participate in the annual budget process, forecasting and all other financial planning exercises in consultation with the Finance Manager.
Prepare all financial related regulatory returns in a timely manner on time for approval by Finance manager before forwarding to the Central Bank of Kenya.
Responsible for timely preparation of tax reports
Participation in considering and inputting assumptions in the IFRS model and ensuring they are current and appropriate and that the outputs are accurate.
Monitoring all regulatory financial ratios and escalating any adverse trend on any ratio to the Finance Manager to alert the management team for appropriate action.
Ensure all crucial financial administrative records are archived and are accessible in case of need.
Manage payroll and ensure staff salaries are processed on a timely manner reflecting all pre-payroll changes and ensure all statutory deductions are remitted to the respective agencies.
Qualifications And Experience
Bachelors degree in Accounting, Economics, Business or any other relevant field.
Minimum of 1 years experience in a similar role in a regulated financial institution.
Professional qualification in Accounting – CPA(K) or ACCA.
Member of professional bodies like ICPAK.
Must have a good grip of the CBK Prudential Guidelines, CBK Risk Management Guidelines, the Kenya Banking Act and the Kenya Microfinance Act (2016)
Have in-depth accounting Knowledge
MODE OF APLICATION
Click “APPLY FOR JOB” button above to apply for this job.
Umba combines advanced tools and techniques to optimize risk exposures in emerging markets that are currently underserved by traditional banking services. The Umba platform allows users to apply, receive and repay microloans through their mobile phone while using machine learning to underwrite using a risk score that is highly accurate and improves over time. umba has just rolled out a new online POS solution and is teaming up with some of the biggest e-commerce merchants to increase customers access to online goods and services.