Accountant Nairobi Kenya

Branch International

Branch International

Accounting & Finance
Nairobi, Kenya
Posted on Jul 25, 2024

Accountant

Branch Overview
Branch delivers world-class financial services to the mobile generation. With offices in the United States, Nigeria, Kenya, and India, Branch is a for-profit socially conscious company that uses the power of data science to reduce the cost of delivering financial services in emerging markets. We believe that everyone, everywhere deserves fair financial access. The rapid spread of smartphones presents an opportunity for the world’s emerging middle class to access banking options and achieve financial flexibility.

Branch’s mission-driven team is led by the founder and former CEO of Kiva.org. The company presents a rich opportunity for our team members to drive meaningful growth in rapidly evolving and changing markets. In 2019, Branch announced its Series C and has garnered more than $100M in funding with investments from leading Silicon Valley firms including Andreessen Horowitz, Trinity Capital, Foundation Capital, Visa, and the International Finance Corporation (IFC).

We value diversity and are committed to providing an inclusive working environment where human beings of all backgrounds can thrive.

Job Overview

The Accountant will work under the Finance Manager. This will be a role that will involve accounting, reporting, and reconciliations as well as ensuring adherence to internal controls and statutory compliance.

Key Responsibilities

The Accountant will be required to participate in the preparation of final financial reports, financial analysis, developing and designing of new KPIs and reconciliation templates, and ensuring all the reports are updated and sent out on time.

Accounting Duties

  • Perform accounting functions as assigned including, but not limited to verifying, allocating, posting, and reconciling transactions with a good understanding of GAAP and IFRS accounting standards
  • Posting all the journals into the general ledger and cash book entries for the various entities as
  • Processing of payments including commissions and other supplier payments within the proper procedures to minimize risk to the company.
  • Be able to set up accounting books and procedures for new countries
  • Take charge of month-end procedures and timelines
  • Assist with testing and receiving final approval for accounting software reports required for management, financial reporting, and general ledger reconciliations.
  • Assist with annual external audits. Complete the requested materials. Assist in preparing assigned schedules for the annual and interim audits.
  • Completing and submitting tax returns i.e Withholding Tax, Excise Tax and Withholding VAT

Reporting and Analysis

  • Preparation of monthly, quarterly, and annual financial reports and accompanying schedules, worksheets, and narratives, including “Budget vs. Actual” variance reports.
  • Assist with the completion of the quarterly and annual regulatory filings; and preparation of assigned Quarterly and Annual Statutory Statement pages/schedules.
  • Production of daily, weekly, and monthly reconciliations for each country covering Disbursements, Repayments, and Net Cash, third-party contracts eg Mpesa, Vodafone, Cellulant
  • Assist in the continued development of Budgeting, Financial Forecasting, Operating Plans, and Modeling tools
  • Perform Ad-Hoc Reporting and Analysis using the available business intelligence tools.
  • Develop financial models and analyses, dashboard reports to support strategic initiatives
  • Analyze complex financial information and reports to provide accurate and timely financial recommendations to management for decision making purposes
  • Supporting Senior Management Team and department heads with in-depth analysis

Other

  • Conform with and abide by all regulatory guidance and internal policies & procedures.
  • Document policies, procedures, and workflow for assigned areas of responsibility.
  • Contribute to department and organization special projects as assigned.

Qualifications:

  • Bachelor's degree in Finance related areas
  • CPA (K)/ACCA graduate
  • A minimum of 4 years of solid experience working in the financial service industry
  • At Least 4 years of solid Accounting experience preferably handling more than 2 countries
  • Experience working with accounting software, Quickbooks, Pastel, Sage, Oracle
  • Very analytical with expert Excel and intermediate SQL skills
  • Fluent in spoken and written Swahili and English
  • Self-motivated, Creative
  • Super Organized & Results Focused
  • Able to work with tight deadlines and in a startup environment
  • You’ve started and/or contributed to projects you’re passionate about.
  • You are a great collaborator. You know that startups are a team sport. You listen to others, speak your mind, and ask the right questions.

Benefits of Joining

  • Mission-driven, fast-paced, and entrepreneurial environment
  • Competitive salary and equity package
  • A collaborative and flat company culture
  • Where we work: Remote first, with the option to work in-person occasionally or when required
  • Fully paid health insurance benefit.
  • Work-life balance is not a myth, make use of our 28 days of paid vacation days, 30 days of sick leave, and bereavement leave
  • Fully paid parental leave - 6 months maternity leave and 3 months paternity leave
  • Company-matched pension benefit
  • Monthly WFH stipend alongside a one-time home office set-up budget
  • Annual professional development budget
  • Other benefits include; team meals, virtual social events, and in person meet-ups
  • Discretionary trips to our offices across the globe, with global travel medical insurance.
  • Opportunity to work and interact with a global team

Branch International is an Equal Opportunity Employer. The company does not and will not discriminate in employment on any basis prohibited by applicable law. We’re looking for more than just qualifications - so if you’re unsure that you meet the criteria, please do not hesitate to apply!