Senior Finance Officer/Senior Accountant at Kacha Digital Financial Service S.C.

Senior Finance Officer/Senior Accountant

Employer: Kacha Digital Financial Service S.C.

Employment: Full-Time | Permanent

Place of Work: Addis Ababa, Addis Abeba - Ethiopia

Posted date: 9 months ago

Deadline: Submission date is over

About Kacha

Kacha Digital Financial Service S.C. is a premier digital platform that provides seamless financial services in Ethiopia. We are the first private payment instrument issuer licensed by the National Bank of Ethiopia, registered as NPS/PII/002/2022. We aim to promote financial inclusion and contribute to Ethiopia's national digitalization ambitions.

Our digital platform offers mobile money, bill payments, remittances, and merchant payments, making financial services accessible to all Ethiopians, especially those who are underserved and unserved. We are committed to empowering our customers by providing convenient, affordable, secure digital financial services that meet their everyday needs.

At Kacha, we are passionate about driving positive change and creating value for our customers, employees, and society. We are proud to be part of Ethiopia's digital transformation and are committed to playing our role in achieving the country's economic and social development goals.

Job Summary:

Senior Finance Officer/ Accountant is responsible for maintaining accurate financial records, ensuring compliance with accounting principles and regulations, and performing advanced general accounting tasks for Digital Financial Services S.C. This role involves consolidating account balances, preparing financial reports, reconciling accounts, and supporting the company's digital financial services initiatives. The Senior Finance Officer/Accountant will contribute to process improvements and play a vital role in the financial operations of digital financial services.

Roles and Responsibilities

• Perform advanced general accounting tasks, including inspecting and testing books of accounts for accuracy.
• Record prepayments and accruals, ensuring proper documentation and adherence to accounting standards.
• Record daily sales invoices and related settlements, reconcile with cash summaries and maintain accurate records specific to digital financial services.
• Prepare the yearly voucher renewal report to ensure timely and accurate renewal of vouchers for digital financial services.
• Maintain a fixed asset schedule, ensuring proper recording and tracking of digital financial assets.
• Consolidate account balances from the general ledger to assist in preparing interim and end-of-period financial reports for both internal and external use in the context of digital financial services.
• Compile account balances and prepare schedules of receivable, payable, and other accounts specific to digital financial services to complete the accounting cycle.
• Ensure the accuracy and completeness of the general ledger balances and reconcile bank statements with the company's books of accounts related to digital financial services.
• Reconcile references and cross-references of postings and source documents to ensure data accuracy in the context of digital financial services.
• Maintain records of past and present operations, trends, costs, and revenues specific to digital financial services to project future financial performance.
• Verify the justification, accuracy, and proper allocation of expenditures related to digital financial services to the correct accounts.
• Verify the agreement of balances between subsidiary ledgers and control accounts in the general ledger for digital financial services.
• Extract account balances from the general ledger and prepare schedules of accounts as requested by the supervisor or to complete the accounting cycle specific to digital financial services.
• Review entries to asset, liability, capital, revenue, and expense accounts related to digital financial services, and recommend correcting entries as necessary.
• Ensure the consistency of physical inventory counts with the recorded balances in the books for digital financial services.
• Verify the correctness of petty cash payment vouchers and account coding specific to digital financial services.
• Verify the accuracy of payroll calculations and employee pension fund contributions related to digital financial services.
• Review delivery order memorandum register to ensure proper invoicing related to digital financial services.
• Review and reconcile registers for accuracy and ensure correct posting to the general ledger related to digital financial services.
• Prepare monthly, quarterly, and annual financial statements specific to digital financial services to show the company's financial position, operation results, and cash flow.
• Address audit review feedback and implement necessary changes to improve accounting practices related to digital financial services.
• Utilize office fixtures and business machines to compute and record financial transactions specific to digital financial services.
• Monitor and reconcile mobile money's overall float and cash
• Perform other job-related duties as required by the supervisor.

Qualifications

• BA Degree in Finance and Accounting with 5+ years of relevant work experience. Hands-on experience in the fintech or financial industry is a plus
• Excellent interpersonal skills with the ability to positively influence others.
• Strong communication skills, both written and verbal, with the ability to explain complex issues clearly.
• Proactive and self-initiative, leading in achieving goals beyond minimal performance levels.
• Maintains high ethical and professional standards in all aspects of work.
• Sets high-performance standards and strives for excellence.
• Deeper understanding of the digital financial space with account management and settlement of accounts