Safaricom Careers. MPESA Finance Manager

Senior Manager, MPESA Finance
Location: Nairobi,KE
Organization Name: Finance Operations Department, Finance Division

We are pleased to announce the following vacancy in the within the Finance Operations Department in the Finance Division. In keeping with our current business needs, we are looking for a person who meets the criteria indicated below:

Brief Description

Reporting to the Head of Department – Finance Operations, the position is responsible for ensuring accuracy and completeness of all M-PESA transactions, including proper authorization of money transfer transactions and provide internal consultancy for M-PESA finance requirements to all stakeholders.

Detailed Description

Actively support the Financial inclusion strategy.

Design improved controls and processes over the withdrawal of funds. Evaluate and ensure Data security throughout the payments lifecycle and strengthen oversight controls.

Manage the daily Agents/Merchants Deposits and Withdrawals process within agreed SLAs.

Monitor formal policies and procedures and ensure regular balance sheet account verification and P&L substantiation.

Own the treasury policy and ensure regular counterparty reviews performed for all key banking relationships in line with Group policy.

Manage settlement of monies owed to Safaricom by M-PESA holdings on Airtime, Revenue and IMT.

Timely resolution of customer issues and ensuring adequate float levels in the market and all retail centers in liaison with the business.

Daily Risk assessment and escalations to relevant teams for action.

Work closely with M-PESA stakeholders to ensure all finance processes are well mapped in all our products to ensure real time settlements to our M-PESA partners.

Deliver working capital targets set by the Business Planning function on M-PESA Airtime and Revenue settlements.
M-PESA Risk reduction in-Review of M-PESA Trust Bank Accounts, operational and functional system requirements, and retail center cash management policies.

Decision Support- Review Business case documents clearly outlining the finance support of the product in terms settlements and revenue share, Reporting of

Key M-PESA highlights with supporting cost and revenue schedules.

Coordinating System Testing and functionality development, new product Development, impact on the finance functionality on the M-PESA system.

Support M-PESA finance team- Lead and manage the team to effectively deliver divisional and business results by creating a working environment where the team can succeed.

Oversee the timely preparation of the subsidiary ledger, general ledgers, supporting schedules reconciliation statements for use in Internal, External and

Vodafone group audits for the MPESA section.

Lead and participate in the monthly accounting close ensuring timeliness, accuracy, completeness and compliance with company, group policy and IFRS.

Implement and maintain all financial controls and systems within the section, identifying and recommending potential operational efficiencies and improvements to working practices and procedures, this would include Financial and business and could cover IT.

Maintain excellent working relationship with external customers- Dealers and MPESA agents.

Manage the performance of staff in the section, define the key performance indicators, assign tasks, define goals and objectives for the staff, develop the skill base of the staff assigned, motivate, discipline and recommend reward of staff.
Job Requirements

Qualified Accountant with CPA (K)/ACCA/CIMA/ACA with an honors degree from a recognized university.

8 years accounting experience in an international company or international audit firm

At least 3 years management experience.

Demonstrate proficiency in project management skills and competencies.

Thorough understanding of the International Financial Reporting Standards and experience in application and enforcement of the standards at the workplace.

Leadership and co-ordination of projects to completion.

Ability to critically analyze processes and systems for enhancement of efficiencies and performance.

Preparation of periodic statutory accounts.

Experience in preparation and supervision of basic accounting ledger entries and extraction of the Trial Balance and financial statements.

Direct involvement in corporate reporting for financial and management information.

Submission of accurate, timely and relevant information for statutory and internal audit purpose.

Demonstrate analytical skills and ability to monitor and explain trends and variances.

Ability to meet strict deadlines and work without supervision.

Working with a computerized accounting system preferably with Oracle applications.

Ability to relate well with both internal and external customers and work in teams.

Leadership skills and ability to train others and enhance their skills and competencies.

Self- drive for results.

How To Apply
If you feel that you are up to the challenge and possess the necessary qualifications and experience, kindly proceed to update your candidate profile on the recruitment portal HERE and then click on the apply button. Remember to attach your resume.

End Date19-Aug-2015

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