JOB DETAILS:
Accounts Intern
Duties & Responsibilities
• Assist with bank statements reconciliation, as well as accounts payable and receivable • Perform balance sheet reconciliation
• Preparing and verifying expense reports and statements
• Performing administrative duties such as preparing invoices and updating accounting files, as and when required
• Assist with month-end financial report
• Preparing and maintaining accounting documents and records
• Ensure the completion of assigned tasks in line with established deadline
Qualifications
• Must be a recent graduate with some experience in a related role.
• Must have effective written and verbal communication skills to build strong interpersonal relationships.
• Have strong organization and time management skills with the ability to work without distraction.
• Certified Public Accountant (K) and a basic understanding of financial principles will be an added advantage.
• Must have a very high sense of rigor to prevent any form of mistake that may occur in the process of documenting financial information.
• Must be a team player and motivated to learn with a strong desire to take on a new challenge.
• Proficient with computers and different finance software programs
Finance and Administration Manager
Duties and Responsibilities
Financial Responsibilities
• Supervise and maintain financial records and monitoring systems to record and reconcile expenditures, balances, payments, statements and other data for day-to-day transactions and reports;
• Develop financial policies, procedures and internal controls in consultation with the Executive Director that maximize financial accountability;
• Develop, manage and monitor organization’s budgets, financial reports, and projection of funding needs;
• Provide guidance and training to staff on financial procedures;
• Manage and direct the finance team, including performance management, coaching and mentorship;
• Provide ongoing financial administration to the project, including the processing of approvals for procurements, consultant agreements, and vendor invoices;
• Ensure monthly reconciliation of bank statements;
• Participate in and support the fundraising efforts of the organization through financial analysis, budgeting, projections, etc.;
• Liaise with auditors to ensure annual audits are done in a timely manner; and
• Ensure timely preparation of monthly, quarterly, and annual financial statements and reports.
Administration Roles
• Povide oversight on all procurement activities to ensure full compliance with the GBM and donor policies;
• Ensure daily administrative support to the team, including fleet management;
• Lead management and monitoring of the GBM assets, inventory, office equipment and supplies;
• Manage and direct the administration and procurement team, including performance management, coaching and mentorship;
• Prepare and submit various administrative reports; and
• Perform other duties as assigned.
Qualifications Required
• Bachelor’s Degree in accounting, finance or related field;
• Certified Public Accountant or CPA –K holder;
• A minimum of 3 to 5 years of experience managing financial and contractual aspects for funded international development projects;
• Significant experience with project financial management, including financial controls, accounting, reporting and audit;
• Ability to work across various teams with excellent interpersonal skills and demonstrated ability to build consensus, including demonstrated experience managing and supervising financial, administrative, and procurement personnel;
• Familiarity with grants management, including demonstrated knowledge of rules, regulations, and reporting requirements;
• Experience with computerized accounting and strong organizational and leadership skills;
• Strong analytical and computer skills, with an emphasis on budget and financial analysis;
• Excellent oral and written English and Swahili fluency required, with excellent communication skills.
Area Accounting Manager
Who we are looking for
We are looking for an Area Accounting Manager to join our Accounting Team. This person will provide insight into the Area Financial Statements and SGA control across the area. You’ll actively collaborate with cross-functional business partners to drive process excellence and financial statement accuracy. You will build strong and dynamic partnerships with key internal and external stakeholders such as Government authorities, and Auditors. In addition, the Area Accounting Manager will need to be on top of governance, secure our licence to operate, ensure robust internal controls and protect and enhance our external reputation.
What you will work on
• You will use your strong reporting background and partnerships across the organization to build and maintain executive-level reporting leveraged by leadership as part of regular reporting gates and earnings calls.
• You will be responsible for driving a centrally led point of view for all accounting, compliance, treasury, and internal control related matters in the Area as well as the senior liaison between the frontline / Region and various GSC teams.
• The ideal candidate will possess a comprehensive understanding of financial reporting systems, strong analytical and presentation skills, and the ability to manage complexity across the portfolio in a dynamic and fast-paced work environment.
Who will you work with
• You will report to the Area Finance Manager – East Africa and collaborate with Global Functions’ Finance teams, Area Management including Area MD, Finance Manager, Product and Customer Experience teams. This role will include collaboration with the Regional Tax Team, Legal, Internal Audit Governance, Risk and Assurance Team and Group Treasury and Working Capital Teams.
• You will have exposure to Senior Finance Leadership throughout the key reporting gates where your strong storytelling and analytical skills will shine.
Key responsibilities include
Accounting and Finance
• Drive the collaboration with the various GSC accounting and finance teams to achieve desired outcomes
• Own and provide insight into the Area Financial statements
• Ensure that all ageing open items and exposures on the Area Balance Sheet are identified in a timely manner and are sufficiently mitigated by driving appropriate actions with the relevant parties
• Drive the delivery of working capital across the Area in close collaboration with GSC wherever applicable, including effective follow-up on any trapped/restricted cash balances in the Area
• Act as the focal point for all accounting and finance improvements within the Area (example: banking solution improvements, accounting GAAP / SAP implementation)
• Ensure a cost centre level visibility of all SGA across entities and full budgeting
• Ensure an accounting structure to facilitate the product level profitability where multiple products handled within one entity (e.g CFS)
• Ensure a timely book-close where still managed locally and in close collaboration with the GSC where already offshored
• Ensure that the year-end audit and preparation of the Annual Financial Statements is completed timely in conjunction with the GSC and an unqualified audit report is issued for all entities within the Area
Compliance (Our licence to operate)
• Maintain our license to operate, ensure we are a good corporate citizen and live up to our values and standards
• Improve our external reputation and ensure we are in full compliance with all statutory obligations we have in the Area
• Engage with local authorities as needed
• Be accountable for the timely preparation and distribution of the Board Meeting material for the Area and ensure that the Board Meetings are conducted in accordance with the local legal requirements
• Take directions from the Tax Vertical in ensuring compliance with tax regulations, optimising tax cost and managing tax risk in the Area. The Tax Vertical will continue to have overall accountability for managing the tax processes in the Area for entities where this is already offshored
Control framework
• Drive a robust control environment which mitigates all material control risks in the Area
• Drive the Fixed asset management and control across area
• Ensure that any risks and control deficiencies raised by AFRBCO/GRA/GIA are addressed timely by driving the required actions and improvements to close
• Ensure that the control self-attestation the Area is performed and reported correctly and is being performed consistently in an upright manner
What we are looking for
• Bachelor/Master's degree in Finance, Tax, Accounting or a Chartered Accountant qualification
• 5+ years of applicable experience, including time with Big 4 Accounting firms or another large regional firm
• Strong experience with Financial Reporting systems
• Superb Excel financial modeling capabilities
• Superior written and verbal communication skills. Ability to effectively communicate across management levels and across functional teams
• Proven ability to complete quantitative/qualitative analysis and financial modeling
• Proven track record to influence and deliver results in highly matrixed, cross-functional working environment
• Proactive and positive attitude, with enthusiasm to drive operational results
Senior International Accountant, Global Accounting Operations
PATH's Global Accounting department is currently seeking a Senior Accountant for the International Accounting Services (IAS) team, who will work with the rest of the accounting team and others outside of accounting to oversee adherence to PATH Accounting policies and those of our donors. The IAS team provides accounting oversight and support to PATH’s Country Offices and with approximately 60% of expense transactions initiated in the field, the IAS team is an integral part of the Global Accounting Operations.
Responsibilities
• Perform quality control review of Country Office financial reports and transactions to ascertain and ensure proper accounting/bookkeeping activities.
• Coordinate month-end, quarter-end, year-end process with the site offices to ensure all activities are completed within the agreed timelines.
• Support close by compiling and analyzing accounting information and preparing various adjustments, journal entries and schedules as required. Clear out reconciling lines in PATH's software periodically to ensure hygiene of books.
• Prepare, analyze, and review reconciliations of balance sheet accounts using existing and new tools, follow up and close out on outstanding items.
• Monitor bank account reconciliations and follow up on unresolved items
• Ensure compliance with PATH’s policies, in-country statutory requirements and donor requirements. Request clarification or additional documentation on questionable items.
• Provide guidance and support to field and program staff on accounting related processes, as well as policies and procedures.
• Design/implement and evaluate/improve internal control systems and processes using tools such as flowcharts, process documentation, etc.
• Conduct training on proper financial processes including segregation of duties, procurement authorization and thresholds, transactions documentation, cash handling, and related internal control practices and procedures.
• Maintain current documentation of policies and procedures for assigned areas of responsibility.
• Analyze, record, monitor and report on moderately complex to complex accounting matters and transactions, ensuring continuous compliance.
• Develop, document, and implement recommendations to improve accounting policies and procedures, internal controls, and training materials.
• Review new accounting standards & guidance and provide implementation recommendations.
• Answer questions and provide support to others regarding proper accounting treatment for transactions and other finance related queries.
• Perform analysis and assist with special projects as requested by senior management.
• Work with departments outside of accounting to ensure new initiatives are properly tracked, monitored, and reported.
• Support Internal and External audits; participate in Auditor selection, preparation/review of financial statements/MLs and follow up on closure of exit items.
• Understand the operations of the country offices and provide updates to HQ Finance leads as necessary. Act as a bridge between HQ and Country office Finance teams to facilitate work and communication exchange.
• Support country offices with ad hoc queries on a day-to-day operations/issue. Liaison with multiple teams across PATH to close out topics concerning the country offices across different time zones.
• Assist and train new team members in their onboarding process.
• Provide training and guidance to country offices staff in formal and informal setting.
• Travel to country offices to provide support and training, depending on the needs and funding.
Required Skills & Required Experience
• Strong understanding of US GAAP and/or IFRS, and accounting fundamentals
• Minimum of 8 years’ experience working in accounting or finance field.
• Bachelor’s degree in Accounting/Finance field or similar
• Knowledge of USAID regulations, such as 2CFR200, as well as experience working for or with global not-for-profits is a plus.
• Experience with a global ERP system with multi-currency capabilities is a plus.
• Effective communication skills both spoken and written, as well as customer service with both internal and external clients.
• Able to handle unstructured situations requiring quick reaction time.
• Proficient in Microsoft Office products (Excel, Word, Outlook).
• Attention to detail and ability to analyze data, research information to clarify issues, find and propose appropriate solutions.
• Strong ability to collaborate with team members from different geographical locations.
• Excellent organizational skills and the ability to manage and complete multiple projects simultaneously, capable of rapid coordination and distribution of information.
• Ability to prioritize tasks and meet policy driven deadlines, as well as ability to work independently with a high degree of reliability, accuracy, and productivity
• Ability to work flexible hours as needed for video or audit conference calls with team members in other geographical regions
• Must have legal Authorization to work in Kenya.
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