Job Brief
Jafari Credit is looking for an agile, ambitious and energetic individual with strong execution capacity to join the team as a Senior Accountant.
Job Summary
The role holder will be responsible for management of financial reporting, financial operations, and compliance for Jafari Credit Limited.
Principle Accountabilities:
1) Management of the loan book
· Oversee posting of loan transactions in the accounting software.
· Ensure the processing of loan disbursement requests for new loans;
· Manage the loan receivables process by ensuring adherence to the company’s credit policy-daily/weekly tracking and reporting of receivables and computation of IFRS 9 provisions; and
· Aid in the development of debt collection policies, manage debt collectors and other stakeholders in line with debt collection practices.
2) Budgeting and Forecasting
· Prepare annual budgets for Jafari Credit Limited; and
· Prepare forecasts for the company with accompanying analysis and commentary of the forecasts against budgets, strategy, and prior year.
3) Management accounting and reporting
· Completion of monthly finance close procedures and reporting of financial results;
· Preparation of monthly performance reports for the Company with accompanying analysis and commentary of the performance against budgets, strategy, and prior year;
· Preparation of monthly balance sheet reconciliations and the necessary journal entry adjustments;
· Analyzing complex financial data and actively recommending corrective actions as necessary; and
· Assist in the ad-hoc financial analysis and preparation of technical papers as and when requested.
4) Statutory reporting
· Preparation of statutory financial statements in accordance with IFRS and applicable local regulations;
· Preparation of company financial analysis and commentary for the Board; and
· Support the external auditors during the statutory audit and ensure timely completion of the statutory audit process.
5) Treasury Management
· Regular assessment of the company’s liquidity needs and ensure accounts are funded to meet obligations;
· Accurate and timely preparation of short- and medium-term cash flow forecasts including analysis of bank balances and preparation of the weekly and ad hoc cash position reports; and
· Liaising with bankers on the operation of the Company’s bank accounts.
6) Finance Operations
· Developing and implementing sound accounting policies & processes;
· Ensure procurement is done per the procurement policy;
· Regular review and validation of the General Ledger, oversee receivables processing, payables processing, payroll processing, bank reconciliations and other finance operational procedures.
· Lead customization and integration efforts to make accounting and supporting systems fit for purpose in relation to the business needs.
· Monthly tax filing, including preparation of tax schedules for filing of taxes, ensuring timely tax payments and proper tax accounting.
7) Risk Management & Internal Audit
· Work closely with the Risk department and Business unit leaders in identifying key risks facing the business and update the risk register on an ongoing basis; and
· Internal Audit support including provision of information during audits and implementation of recommendations therefrom.
Minimum Requirements
· Bachelor’s degree in Business Administration, Commerce, Accounting, or a business-related field.
· CPA(K) or equivalent qualification is mandatory.
· A member of ICPAK, ACCA or similar association.
· Minimum of 5 years’ experience in financial services.
· In-depth understanding of International Financial Reporting Standards (IFRS) and tax regulations.
· Aptitude for numbers and quantitative skills.
· Advanced MS Excel skills with superior analytical skills.
· Hands-on experience with accounting software like SAP will be an added advantage.
Apply on the official website using the link Below
