Job Title: Record to Report Analyst
Hiring Organization: Safaricom
Location – Locality: Nairobi
Location – Region: Kenya
Industry: Telecommunication
Job Type: Full Time
Salary: KES
Date Posted: 05/28/2024
We are
pleased to announce the following vacancy in the Financial Shared Services
Department of 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 Record to Report Team Lead, the role holder will be responsible for general accounting and internal control support in line with IFRS including preparation of journal entries, maintenance of Chart of accounts, completion of the month end closing process and ensuring that the general ledger account balances and trial balances are appropriately reconciled as per the company policy for both Safaricom and its subsidiaries. Additionally, they should assure delivery of services as defined in the Service Level Agreement (SLA) /KPI’s applicable for the role.
Responsibilities
Below are
the key skills and competencies required to be successful in this role:
Accounting
Expertise:
Proficiency
in preparing and posting journal entries for a parent company and its
subsidiaries.
In-depth
knowledge of month-end closing activities, including general ledger
finalization, maintaining close schedules, and making materiality decisions on
closing entries.
Expertise
in validating and reporting revenue accurately for the organization and its
subsidiaries.
Consistently
upskilling on best practice in accounting processes and accounting systems
Financial
Reporting and Data Integrity:
Strong
focus on ensuring data quality and integrity in financial reporting to
stakeholders.
Proficiency
in maintaining and analysing standard chart of accounts and performing timely
account reconciliations.
Managing
intercompany accounting modules and related entries effectively.
Proficiency
in Microsoft Excel and other analytical tools such as Power BI and Qlik Sense
to enable accurate and efficient examination of and interpretation of financial
data
Compliance
and Regulatory Knowledge:
Comprehensive
understanding of IFRS 16 for proper accounting of leases.
Proper
management of accruals and prepayments, including control of related schedules.
Effectively
revaluating foreign currency denominated balances.
Payroll
Accounting:
Accurately
and effectively recording payroll journal entries and reconciling payroll
expenses for accuracy.
ERP
Systems and Integration:
Ensuring
seamless integration of new products through end-to-end mapping to guarantee
transaction completeness, timeliness, and accuracy in ERP systems.
Ability
to work with financial systems (knowledge of Oracle E Business Suite and
Hyperion)
Process
Improvement and Efficiency:
Commitment
to continuously seeking and implementing process improvements in
Record-to-Report (R2R) processes to enhance efficiencies.
Behavioural
Competencies:
Shared
Service Center Performance: Ability to work cooperatively with team members to
ensure the Shared Service Center meets or exceeds performance standards.
Ability
to provide strong financial decision support to the business
Able to
take a holistic view of the business with a financial focus
Highly
developed interpersonal and communication skills
High
level experience and skills working with stakeholders
Qualifications
Experience
& Education you should possess:
A
graduate with a degree in a financial field
Recognized
accounting qualification (CPA (K), ACCA, etc.) and a member of a professional
body
Relevant
post-graduate education is an added advantage.
Have at
least 4 years’ experience in Finance
Previous
experience working in reporting function necessary.
Strong,
proven accounting acumen
