Vacancy title:
Accountant

[Type: FULL_TIME, Industry: Financial Services, Category: Accounting & Finance]

Jobs at:
Bayes

Deadline of this Job:
Saturday, July 5 2025

Duty Station:
Nairobi | Nairobi | Kenya

Summary
Date Posted: Thursday, June 26 2025, Base Salary: Not Disclosed

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JOB DETAILS:

• We are seeking a detail-oriented and analytical Accountant to oversee Pi Capital Ltd’s financial operations. This role involves maintaining accurate financial records, preparing insightful reports, managing liquidity, supporting audits, and ensuring compliance with internal and external financial regulations. The ideal candidate will bring a strong understanding of financial analysis, budgeting, reconciliation, and cost control, playing a key role in driving financial health and operational efficiency.

Key Responsibilities

• Financial records maintenance-Ensure accurate and up-to-date maintenance of the company’s financial records by recording all transactions in a timely manner, maintaining a clear audit trail, and ensuring entries are properly classified according to applicable financial reporting standards and internal policies.
• Financial reporting-Prepare and share comprehensive weekly and monthly
• management financial reports, ensuring accuracy, completeness, and timeliness.
• Reports should enable leadership to make data-driven decisions and include key insights, performance trends, and relevant financial metrics.
• Financial analysis-Interpret financial results to identify trends, variances, and areas for improvement. Provide actionable recommendations that support the company’s financial health, optimize operational efficiency, and enhance profitability through informed analysis and benchmarking.
• Float management-Monitor and maintain Pi Capital’s float balances across various platforms including M-Pesa, B2C portal, and bills payment portal. Ensure sufficient liquidity at all times while minimizing idle funds and promptly resolving discrepancies or mismatches.
• Expense monitoring-Track and control operational expenses and other related costs.
• Regularly analyze expenditure patterns to flag anomalies and support cost-control measures aligned with company goals.
• Internal auditing-Conduct routine internal audits to ensure adherence to company policies, financial regulations, and best practices. Evaluate existing systems and controls, document findings, and propose practical improvements to strengthen internal processes and risk management.
• Reconciling: Perform daily reconciliation of all financial transactions within the system and across external platforms integrated with the Bayes platform. Investigate and resolve variances, ensuring all records match with actual cash flows and system balances.
• Oversee the day-to-day operations of Pi Capital Ltd’s accounting function, ensuring tasks are completed accurately, efficiently, and in line with company policies.
• Data entry-Accurately post all financial transactions in the company’s accounting software, ensuring correct categorization and documentation of income, expenses, assets, and liabilities. Maintain records in an orderly, auditable, and retrievable format.
• Monthly reconciliation-Perform comprehensive reconciliations on a monthly basis, including but not limited to bank accounts, customers’ loan accounts, and accounts
• payables. Document findings clearly and ensure discrepancies are investigated and resolved promptly.
• Cost reduction-Identify operational inefficiencies or areas of financial leakage.
• Conduct regular reviews and propose cost-reduction strategies that do not compromise service delivery or compliance standards.
• Budgeting-Prepare detailed cash flow forecasts, operational budgets, and capital expenditure plans, aligning them with the company’s financial targets and strategic direction. Ensure budgets are based on realistic assumptions and historical performance data.
• Variance analysis-Generate regular variance reports comparing actual results to budgeted figures. Analyze deviations, provide explanations, and recommend corrective actions or adjustments to future planning where necessary.
• External relationships-Build and maintain professional relationships with key external
• stakeholders, including auditors, banks, statutory authorities, and service providers.
• Ensure timely submission of statutory obligations and represent the company’s financial interests effectively.
• Automation-Identify and recommend opportunities for automation and system improvements within the finance function. Support implementation of technology solutions that enhance accuracy, reduce manual work, and streamline processes.
• Any other duty assigned by your supervisor or as determined by the business needs.
• Duties may evolve in line with company growth and operational complexity.

Qualifications

• Skills Required
• Technical Accounting Skills: Strong understanding of accounting principles and financial reporting standards. Proficiency in accounting software
• Analytical Skills: Ability to interpret financial data and provide actionable insight.
• Attention to Detail:High accuracy in data entry and reconciliation.
• Financial Analysis: Ability to analyze financial performance and suggest improvements.
• Communication Skills: Strong written and verbal communication for preparing reports
• and interacting with stakeholders.
• Organizational Skills: Ability to manage multiple tasks and deadlines effectively.

Educational Requirements

• A Bachelor’s degree in Accounting, Finance, Business Administration, or a related field is required.
• A minimum of 3 years of relevant experience in the fintech, microfinance, or broader financial services industry.
• Professional certification such as CPA (Certified Public Accountant) or ACCA (Association of Chartered Certified Accountants) is highly preferred and considered a strong advantage.
• We are excited to have you as part of our team and look forward to your contributions in delivering excellent customer service

Work Hours: 8

Experience in Months: 36

Level of Education: bachelor degree

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