Position Title: Payables Accountant, Nairobi, Kenya
2 Positions
About Bridge International Academies
Bridge International Academies is a for-profit startup company revolutionizing education across Africa with a unique business model. The company runs a large-scale network of low-cost primary schools in Kenya that significantly outperforms other primary schools in the same areas because of our “school in a box” systems.
Our schools profitably deliver this high-quality education for less than $4 per child per month, which enable the schools to cover all their costs and create a profitable central organization at scale. We have launched 37 schools in Kenya, we will double in size in the next 6 months, and plan to rapidly scale the company to serve more than 1 million students across the continent.
About this position
This is a key role within the finance department. The department vision is to
always be a valued business supporter providing high quality and timely
financial services. Reporting to the Chief Accountant, the job holder will be
part of young but professional finance team to achieve excellence within a few
months. 2 Positions
About Bridge International Academies
Bridge International Academies is a for-profit startup company revolutionizing education across Africa with a unique business model. The company runs a large-scale network of low-cost primary schools in Kenya that significantly outperforms other primary schools in the same areas because of our “school in a box” systems.
Our schools profitably deliver this high-quality education for less than $4 per child per month, which enable the schools to cover all their costs and create a profitable central organization at scale. We have launched 37 schools in Kenya, we will double in size in the next 6 months, and plan to rapidly scale the company to serve more than 1 million students across the continent.
About this position
Working closely with finance and business team leaders, the main purpose of this role is to improve and take a lead role in processing of suppliers’ accounts in the Navision system, undertaking timely reconciliations of payables and enhancing internal controls pertaining to purchase ledger and accounts payables process of the company, identify, review and record financial transactions into Microsoft Dynamics (Navision), measure, classify and verify the financial information and summarize, interpret and communicate the Accounts Payable information to the Chief Accountant for review.
Key Areas of Responsibilities:
- Implement
procedures in the business to ensure all invoices received are delivered
to Accounts Payable upon receipt in the company and maintain an updated
register to track movement of all the invoices received in the business
until paid and filed.
- Streamline
the “purchase to pay” process including scheduling of payments as per
payment cycles.
- Reviewing
of all supplier reconciliations and ensuring that reconciling items are
resolved within one month.
- Prepare
and maintain a register of all payments made outside the purchasing
system.
- Review,
check all invoices and ensure receipt of goods/services is acknowledged by
the user departments before processing.
- Maintain
a log of all disputed invoices and report monthly on actions taken to
resolve them
- Spearhead
automation of payment processes.
- Provide
weekly and monthly payables projections for input into the business
cashflow planning
- Manage
supplier payments by among other things ensuring payments are done as per
agreed terms, supplier relations are maintained and improved.
- Participate
in the monthly physical stock take as instructed by the Management.
- Prepare
monthly accrual and prepayment schedules for the purpose of monthly
reporting in line with IFRS.
- Prepare
Accounts Payables schedules and other balance sheet schedules for
internal, interim and annual audits and timely resolution of any issues
raised from internal review or audit.
- Manage
the performance of direct reports including setting individual KPIS,
tracking and measuring the performance of staff against the Key
Performance Indicators on a regular basis.
- Developing
the accounts payable team through on the job coaching and evaluating the
training needs/proposing action to address the needs.
About you
- Intermediate
to advanced levels of ACCA/ CIMA or CPA with excellent academic record
with a minimum of 3 years work experience in a large payables section with
ability to supervise and develop a small team of professional staff.
- Understanding
and use of a well run purchasing and Accounts payable process.
- Understanding
of the International Financial Reporting Standards and their application;
- Understanding
of the tax requirements for payments made
- Ability
to relate well with both internal and external customers and work in
teams;
- Have
a positive approach to ensuring complete customer satisfaction;
- Highly
innovative, with excellent analytical skills and ability to meet strict
deadlines
- Experience
of working with medium to high exposure of business analysis,
communication and support for large and fast growing profit oriented
organizations.
- High
integrity, IT literacy and excellent attention to details
- People
skills and superior presentation abilities is a major requirement
- Ability
to plan and manage own workload and coach/mentor team members in order to
harmonize work flows and meet tight deadlines
- Excellent
spreadsheet skills and proficiency with Microsoft Dynamics (Navision)
version 2009
- Ability
to use initiative and creative thinking to anticipate issues and develop
common sense and practical solutions
- Proactive
and self motivated with excellent communication skills
- Confident
and flexible team player with great ability to work closely with non
finance team members within a multicultural environment
- A
“finisher” with the genuine drive and commitment to produce the highest
quality work and to deliver technical expertise at all times
- Passionate
about children and education in Africa.
CVs and applications must be uploaded via the Careers page at www.bridgeinternationalacademies.com where detailed profiles are available.
You can now click on this link www.kenyanvacancies.com to visit our sister website for more vacancies.
