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Treasury Accountant at Lipa Later

Lipa Later is a risk free, point of sale credit option that allows retailers to sell goods and services to consumers with repayments made in affordable monthly instalments. It is the leading third party instalment plan for retailers in East Africa currently operating in Kenya and Rwanda. Our product offering allows for both online and offline integration with retailers and both online and offline sales platforms for consumers.

The role will include the following responsibilities:

The treasury accountant will be responsible for cash reporting, cash forecasting, bank reconciliations, and ensuring that all bank movements are recorded on the GL.

  • Preparation of weekly bank reconciliations and ensuring all variances are resolved within prescribed timelines.
  • Preparation of monthly cash reports based on cash movements for the month.
  • Preparation of monthly cash forecasts based on anticipated inflows and outflows.
  • Responsible for updating Investor statements on a monthly basis taking into account movements for the month.
  • Transition the update of the credit card statements and work with the Collections team to ensure timely settlement of outstanding amounts.
  • Coordinate the update of the general ledger for all cash and bank movements.

Experience, Skills and Qualifications Required:

  • Bachelor’s degree in Finance, Accounting or a related field.
  • Professional certification of CPA II+ is ideal.
  • Should have 1-3 years’ experience.
  • Experience working with a Fintech organization is an added advantage
  • Past experience working in corporate setting preferred
  • Analytical with a keen eye for detail
  • A strong communicator who is not afraid of voicing their opinions and thoughts.
  • Capable of handling multiple tasks simultaneously.
  • Capable of working well and meeting deadlines under minimal supervision.

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