Senior Accountant - Afrimoney Finance Operations

1. E-value Management

 Reconciliation of all Afrimoney internal wallets.
 Manual allocation of funds for non-integrated merchants. First level approval of stock creation and allocation
 Reconcile cash collection merchant accounts daily against balance movement in the respective virtual account and Initiate settlements as and when due.
 Ensure all wallets are within allowable funds threshold.

1. Accounting & Reconciliations

 Ensure that all internal wallets are reconciled to the GL and all accounting entries are posted daily.
 Daily reconciliation of Collection Bank accounts against e-value allocation reports.
 Daily Trust Account reconciliations and correction/reporting of all reconciling items.
 Follow up on withholding tax certificates from merchants.
 Raise invoices to Merchants in Oracle before monthly AR closure.

1. Financial Reporting

 Timely and accurate posting of accounting entries to ERP system
 Timely and correct returns for WHT and VAT entries.
 Management of all Afrimoney payables
 Timely reconciliation of intercompany balances
 Support with month end reporting closure.

1. Governance & Compliance

 Timely and accurate preparation of BNA returns
 Have knowledge and sight of merchant contracts closed by corporate team
 Ensure any changes to merchant contracts are tracked, for correct revenue and settlement posting.
 Adhere to internal control framework.

1. Business Support

 Handle float & funds settlement related Merchant queries from customer service within agreed timeline
 Weekly product analysis (MIS) dashboard
 Support customer care with mobile money related queries
 Timely resolution of Agent and partner Bank queries

 Bachelor’s Degree in Finance or similar professional qualification
 At least 4 years’ experience in accounting and reconciliations preferably in a Telecom/Bank
 Experience working with ERP systems
 An understanding of the linkages between wallet, bank and accounting entries
 Understanding of financial statements an added advantage
 Good presentation and communication skills.

To support Afrimoney Finance Manager in the daily finance operations of Afrimoney. To primarily be responsible for the smooth management of all e-value allocations and reconciliation.