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M-PESA Accountant Job in Kenya

Safaricom Limited is the leading mobile telecommunications company in Kenya.

We are at the forefront of the industry and always seek to attract and retain talented, creative and innovative team players who are excited by the opportunity of pushing the frontiers of this evolving technology, growing our services, exciting our customers and contributing to our community.

At Safaricom, we take pride in our talent and develop them to realize their maximum potential!

Accountant – M-PESA

Ref: ACC– MPESA–SEPT- 2013

We are pleased to announce the following vacancy within the Finance Division.

In keeping with our current business needs, we are looking for a person who meets the criteria indicated below:

Reporting to the Senior Manager-AR & M-PESA the successful candidate will be responsible for end to end ensure accuracy and completeness of all M-PESA transactions, including proper authorization of money transfers.

Key Responsibilities:
  • Monitor agents’ transactions and float accounts on a daily basis to ensure that they are within allowed limits.
  • Provide solutions to all agents’ queries escalated through Customer management.
  • Check on the CBA M-PESA bank account regularly to ensure any payments made are reflected into the M-PESA system;
  • Ensure that M-PESA payments into Safaricom account are done on a timely basis.
  • Ensure preparation of daily bank reconciliation of all the M-PESA account maintained by the company and implement auto bank reconciliation for all the accounts.
  • Ensure timely resolution of issues to do with the transmission of data between the banks and download into M-PESA application program.
  • Ensure that agents are paid on time and that the invoices comply with the regulations
  • Prepare VAT certificates for agents and ensure that agents receive their statements on time once requested;
  • Ensure that the set-up of agent’s accounts in the M-PESA application master-file is properly approved, documented and backed by agent application forms.
  • Ensure and review that all inactive agents accounts are deactivated on a timely basis in the M-PESA application backed by properly approved documents;

The ideal candidate should possess the following skills and competencies:
  • Bachelor of Commerce degree from recognized university;
  • Qualified accountant with CPA (K)/ACCA/CIMA/ACA is a must;
  • 2-3 years accounting experience in a well-run company;
  • Knowledge and understanding of the International Financial Reporting Standards on receivables and revenue recognition, accounting and reporting in the financial statements;
  • Good knowledge of the tax requirements for sales invoicing
  • Good knowledge of bank reconciliations and revaluation process
  • Accounting for multi-currency transactions and submission of data on foreign gains/losses for financial reporting
  • Ability to successfully resolve issues related to management of debtors
  • Ability to relate well with both internal and external customers and work in teams
  • Strong analytical skills and a keen attention to details;
  • Self-driven, results oriented and an ability to work without supervision.

If you meet the requirements and are up to the challenge, please send your resume and application letter to the address below. Please quote the job reference number in the application letter.

All applications must be delivered on or before 20th September 2013.

Head of Talent & Resourcing,
Safaricom Ltd,

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