Finance Associate at Ilara Health

• Inspect, verify, and reconcile accounts payables records and its balances.
• Analyze and prepare weekly accounts payables reconciliation reports for each of our payment channels.
• Prepare monthly bank reconciliation reports.
• Preparation of assigned balance sheet schedules and assist in balancing general ledger accounts.
• Prepare adequate accruals for all unpaid invoices of a particular month and make releases once payment has been effected. All accruals should be reconciled to the general ledger on a monthly basis.
• Regular issuing of updated monthly statements to vendors by the 3rd of the subsequent month.
• Preparing payment vouchers to ensure proper documentation and recording to the accounting system on a daily basis.
• Ensuring efficient, timely and accurate recording of payments and tracking of accounts payable.
• Preparing and processing bank payments and reconciliation of banking activities.
• Work with internal teams to verify and clarify invoice and payment related queries.
• Ensure compliance with company policies, procedures, and financial controls.
• Support month-end closing procedures by passing necessary entries.
• Assist with audit related duties.
• Support month-end closing procedures by passsing necessary entries.
• Support with any other tasks as assigned by the management
• Assist with audit related duties.

• Proven experience in accounts payable and bank reconciliations or a similar transactional finance role.
• Strong understanding of invoice processing, payment workflows, and bank reconciliations. Excellent attention to detail and organizational skills.
• University degree in Accounting, Finance,Commerce or related field.
• Enrolled, part or fully qualified in the accounting profession with a recognized institute (ACCA, CPA, and CIMA)
• High integrity and exceptional work ethic.
• 2+ years experience in the accounting and finance sector.
• Audit experience - Big 4 preferred.
• Knowledge of IFRS and Kenyan tax legislation.

Myjobmag