Junior Accountant

About Lipa Later:
Lipa Later Limited is a financial service provider based in Kenya and Rwanda that offers payment plans for consumers and businesses looking to buy and sell products and services in monthly installments.
About the Role:
Reporting to the Senior Accountant, the Junior Accountant will be responsible for providing financial, administrative and clerical support to the organization.
Reports to
: Senior Accountant
Key responsibilities will include:
Confirming and updating all payments received that relates to loan repayments, Investors contributions and Clients Top Up contributions.
Posting of payments to the Customer Relationship Management (CRM) system.
Responding to any queries regarding loan repayments, Top Ups, or Clients' contributions.
Confirming loans details on the loan payment vouchers against entries in the loan management system.
Preparing daily disbursements and collections reports. Collections reports include Partial Receipts, Drop Offs, Nil (Zero) receipted accounts, and Full Settlements.
Filling and retrieval of all payment vouchers relating to loans and expenses.
Weekly reconciliation of Petty cash transactions and posting entries in the accounting system.
Fully support the senior Accountant during the reporting and consolidation process.
Aid in ensuring reliability and integrity of the accounting system reporting.
Analysis of actual vs budgeted figures and query variances.
Working closely with auditors and ensuring this is done on a timely basis.
Documenting procedures and maintain a strong internal control environment.
Ad-hoc tasks required by the finance team (e.g. tax preparation).
Qualifications and skills, we are looking for:
• At least 2 years’ experience in a similar position
• Hands-on experience working with general ledgers
• Proficiency in SAGE accounting software
• Excellent organizing abilities
• Great attention to detail
• Good with numbers and figures and an analytical acumen
• Good understanding of accounting and financial reporting principles and practices esp. IFRS/IAS and Kenyan GAAP
• Excellent knowledge of MS Office and familiarity with relevant accounting software
• Bachelor’s Degrees in the following subjects- Accounting or Finance
• Qualifications (e.g. CPA, ACCA or CIMA) is required.
If interested, kindly send your CV, and salary expectation
with the subject line
Junior Accountant’’
The Junior Accountant will be responsible for providing financial, administrative, and clerical support to the organization.