Financial Controller – Kenya

Avenews

Role purpose

• To independently manage Avenews KE’s day-to-day financial operations, maintain accurate books of account, monitor liquidity, and prepare timely financial and management reports. The role will also coordinate the annual statutory audit.

Key responsibilities

• Process and reconcile customer disbursements and repayments.

• Maintain accurate books of account and general ledger.

• Prepare monthly management accounts and financial reports, including the income statement, balance sheet and cash-flow statement.

• Prepare portfolio, liquidity, cost and budget-variance reports.

• Process payroll and statutory deductions.

• Manage supplier invoices and payments.

• Prepare daily cash-position reports and rolling cash-flow forecasts.

• Lead the annual budgeting and periodic forecasting processes.

• Complete bank, portfolio and balance-sheet reconciliations.

• Manage tax and statutory filings.

• Coordinate the annual statutory audit, including audit schedules, financial statements and auditor queries.

• Maintain strong payment, disbursement and accounting controls.

• Provide financial information for management and regulatory reporting.

• Month-end and year-end close ownership – including cut-off, accruals, prepayments, journal entries and review of the GL.

• Loan portfolio accounting and reconciliation – reconciliation of disbursements, repayments, principal, interest and fees between the portfolio records and the GL, including investigation of unidentified transactions and prevention of duplicate booking.

• Customer repayment allocation – identifying and correctly allocating customer repayments and resolving any unmatched or incorrectly booked transactions.

• Balance sheet ownership – including AP, receivables, fixed assets, statutory accounts and other balance-sheet reconciliations.

• Journal entries and accounting adjustments – ensuring all entries and adjustments are properly supported, reviewed and maintain a clear audit trail.

• Statutory compliance – ensuring timely filing, payment and reconciliation of PAYE, NSSF, SHIF, AHL and other applicable taxes and statutory obligations.

• eTIMS and supporting documentation – ensuring supplier invoices and expenses have the required tax documentation and comply with eTIMS requirements.

• Finance controls – maintaining proper supporting documentation, approval trails and controls over payments, disbursements and accounting entries.

• Qualifications and experience

• Bachelor’s degree in Finance, Accounting or a related discipline.

• Fully qualified CPA(K), ACCA or equivalent.

• At least five years’ relevant finance and accounting experience.

• Demonstrated ability to prepare complete financial and management reports.

• Experience coordinating a statutory audit through to signed financial statements.

• Strong experience in bookkeeping, reconciliations, payroll, payments, budgeting and cash-flow management.

• Experience in lending, fintech, banking or microfinance is preferred.

• Advanced Excel and accounting-system skills

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