Safaricom Accountant job – Accounts Receivable

Safaricom Limited is the leading mobile telecommunications company in Kenya. 

We are at the forefront of the industry and always seek to attract and retain talented, creative and innovative team players who are excited by the opportunity of pushing the frontiers of this evolving technology, growing our services, exciting our customers and contributing to our community. 

At Safaricom, we take pride in our talent and develop them to realize their maximum potential!
 

Accountant – Accounts Receivable

Ref: ACC–AR -SEPT 2013
 

We are pleased to announce the following vacancy within the Finance Division. 

In keeping with our current business needs, we are looking for a person who meets the criteria indicated below:
 

Reporting to the Manager – Accounts Receivable, the job holder will be responsible for ensuring accuracy and completeness of local debtor’s recognition in the financial statements and maintenance of the sales debtors’ ledger.

The successful candidate will be responsible for:

• Set up of dealer accounts in the oracle application master-file after ensuring that they are properly approved and documented and backed by dealer application form;
• Deactivate on a timely basis all inactive dealer accounts in the Oracle application backed by properly approved documents;
• Set up dealer credit limits in Oracle application based on approved documents and a valid bank guarantee. Monitor the adherence to the limits from the daily aged dealers’ debtors report. Reconcile the aged debtors report to the sub-ledger
• Ensure all credit terms implemented in the oracle application are properly approved and backed up by a valid bank guarantee;
• Ensure all bank guarantees are always valid and the dealers are informed about renewal at least 2 months prior to expiry. Circulate a monthly report to the Senior Accountant AR, Senior Manager – Reporting and Financial Controller on validity.
• Ensure sales orders from dealers are only processed after receipt of full cash amounts in advance
• Monitor to ensure value of sales orders from dealers with approved credit limits are only processed within their limits.
• Post credit notes for lost and over scratched cards to dealers’ accounts after ensuring that they are properly supported by valid transactions and approved prior to being issued and also issued on a timely basis;
• Follow up on dealers whose cheques bounce immediately by notifying them formally in writing on a timely basis and ensure that payment is collected before any further orders are accepted;
• Ensure dealer commission statements are availed on portal by the 5th working day for dealers to invoice;
• Prepare and circulate daily reports to Manager AR, Senior Manager Reporting, HOD Finance;
• Preparation of balance sheet schedules required from AR section by latest 4th working day after month end.

The ideal candidate will possess:

• Bachelor of Commerce degree from recognized university;
• Qualified accountant with CPA (K)/ACCA/CIMA/ACA is a must;
• 2-3 years accounting experience in a well-run company;
• Understanding and Preparation of reconciliations for debtors
• Understanding of the International Financial Reporting Standards and their application;
• Working with a computerized accounting system preferably in an ERP environment;
• Experience in generation of management reports i.e. Aged debtors balances, debtors statements
• Ability to relate well with both internal and external customers and work in teams;
• Ability to work without supervision and keen to details;
• Ability to work under pressure within strict deadlines;

If you meet the requirements and are self-driven, proactive and up to the challenge, please send your resume and application letter quoting the job reference number to the address below. 

All applications must be delivered on or before Monday the 16th of September 2013.

Head of Talent & Resourcing
Safaricom Ltd 

Nairobi
 

via E-mail to hr@safaricom.co.ke