Job Expired
INKOMOKO
Finance
Accounting
Addis Ababa
5 years
1 Position
2023-07-07
to
2023-07-23
Accounting
Accounting & Finance
Full Time
Share
Job Description
ABOUT INKOMOKO
Inkomoko supports entrepreneurs to grow their businesses in order to improve livelihoods and to create thriving communities. Founded in 2012, Inkomoko has worked with more than 60,000 entrepreneurs across East Africa, including thousands of refugee entrepreneurs, resulting in thousands of new jobs and more than $50M in new revenue in communities. Inkomoko provides a combination of training, consulting, access to finance, and market-level systems change. We are the largest lender to refugee entrepreneurs in Africa, and seek both social impact and financial sustainability. Inkomoko has +220 staff in 18 offices across Rwanda, Kenya, and Ethiopia. Through Inkomoko’s 2030 strategic plan, we are expanding to 5 additional countries to serve more than 550,000 entrepreneurs with our services and growing our $30M loan fund.
Company Values
All staff at Inkomoko are connected to a shared set of organizational values:
Purpose: be solutions-oriented, produce high-quality work, be a global leader.
Achievement: push yourself to reach beyond what you previously thought possible.
Improvement: be humble, engage in continuous growth through open & accurate feedback.
Bravery: willing to take risks, create a safe space for others, be compassionate, inclusive.
We Eat Goat: we celebrate success and support each other in hard times. We do this work together in the spirit of turikumwe, tuko pamoja, abren nen, urang babarengan.
ABOUT THE OPPORTUNITY & RESPONSIBILITIES
Inkomoko has a Senior Accountant in each of our country offices, reporting directly to the Country Finance Manager. This is a highly technical role, requiring precision in accounting, finance, and attention to detail. Responsibilities include supervising staff for transaction management, reconciling account balances and bank statements, maintaining general ledger and preparing month-end close procedures. Specifically the role entails:
BOOKKEEPING & ACCOUNTING (60% time)
Effectively handle all day-to-day accounting and financial operations, supervising junior finance staff in bookkeeping practices and transaction management.
Supervise and contribute to recording of all company transactions, payment, and billing
Tracking actuals v budget, and produce reports on various company, department, and donor budgets
Conduct monthly accounts reconciliation and end month closing procedures
Provide real-time cash flow forecasts based on available financial information including contracts and project status.
Asset and inventory management including but not limited to running depreciation, capturing additions and disposals and physical asset verification
PROCESS OVERSIGHT & COMPLIANCE (30%)
Maintain internal controls, procedures, and policies to ensure proper fiscal management, documentation, and compliance
Review of practices to protect and detect any fraud
Develop any needed SOPs, aligning with colleagues across the finance department
Tax compliance management and supporting tax planning.
Work with AR/AP Associate to ensure effective invoicing, payment recording and receipting.
Manage staff advance reconciliations.
Ensure compliance with client/donor finance guidelines in project implementation.
Proactively keep abreast of regulations in consultation with leadership to ensure continuous compliance
ADMINISTRATION (10%)
Other department meetings, strategic planning, and support to the CFO, Finance Director and other leaders as needed.
Upskilling of junior staff, and providing management support of their work
Other duties as may be required from time to time
WHAT YOU’LL GET
This role is a tremendous opportunity to work in a high-growth, mission-driven organization. Our compensation includes both a great culture and a competitive market-based package, including:
Incredible company culture, including deep investment in your learning and growth, and a commitment to inclusion and diversity
Opportunity to work with a talented, passionate, and committed team of professionals across the region
Ability to make a significant social impact and contribute to economic growth
Competitive salary, and potential KPI-based bonus
Favorable policies like health insurance, staff savings program, parental leave, pension scheme, sabbatical program, and more.
Successful candidates will have both technical skills in finance, plus alignment with company vision and values. Successful candidates must navigate fast-paced environments with enthusiasm and incredible attention to details. Minimum qualifications include:
University degree in Finance, Accounting, or related field
Professional qualification (CPA, ACCA, CIFA or CFA) will be an added advantage.
At least 5 years of work experience in finance, with previous experience in AR/AP
Skilled in the use of Microsoft Word, Excel and Power-point presentation
Analytical skills with the ability to pay attention to details
Ability to meet deadlines and work independently with the highest level of personal integrity
English and country’s national language fluency is required
If you have matching qualifications for the role, please submit your cover letter and CV via THIS LINK
Only shortlisted candidates will be contacted.
Inkomoko is an affirmative action/equal opportunity employer. Refugees, women, and persons who reflect the diverse communities we serve are strongly encouraged to apply. As a company we have policies in place that promote diversity, equity and inclusion at all levels.
NB: We do not employ staff whose background is not suitable. All employment is conditional upon the successful completion of all applicable background checks.
Fields Of Study
Accounting
Accounting & Finance
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