Senior Management Accountant

  • Full-time
  • Kenya
  • Kenya
  • Last day to apply: 19/02/2025

Senior Management Accountant

Company Background.

 

MOGO Auto Limited is part of Eleving Group, an international fintech company operating in sixteen countries across three continents. We are a world-class, reliable, and internationally trusted partner, expanding access to finance in Kenya to promote upward social mobility. Our portfolio encompasses a range of financial products, including car financing, motorcycle financing, tuk-tuk financing, electric motorcycle financing, logbook loans, and vehicle financing.

 

Since entering the Kenyan market in 2019, we have financed over 100,000 vehicles and served over 50,000 satisfied customers. In June 2024, our new motorcycle financing issuances surpassed the 230 million Kenya shilling mark. 

Our growth is attributed to a focused market growth strategy, a strong emphasis on data and technology, and robust risk management structures. We process loan requests within 24 hours and offer flexible repayment terms of up to 60 months.


Our mission is to provide convenient and affordable financing solutions to our customers, backed by a lowest price guarantee. 


MOGO is one of the few financial companies globally that finances cars of any age, brand, or model. We empower our customers to choose vehicles from trusted dealerships through our user-friendly online car portal. 


Mogo Auto Limited recently signed a commitment letter with Development Finance Corporation (DFC), for a $10 million loan to finance electric vehicles in Kenya. 


Our goal is to facilitate upward social mobility across Kenyan communities by providing innovative and sustainable financial solutions. We strive to build mutually beneficial partnerships with our customers, helping them find the best deals and guiding them through the purchasing process. 

 

Join us - you'll love working in a collaborative and non-bureaucratic environment that is fun yet stable and sustainable.


What you will do:

Position Overview:


The Senior Management Accountant will play a critical role in ensuring the accuracy and integrity of the company’s financial records, compliance with tax regulations, and timely financial reporting.


Key Responsibilities


1. Reconciliations


  • Ensure all reconciliations are completed accurately and that the general ledger reflects the true financial position.
  • Review reconciliations prepared by accountants/accounts assistants and confirm their accuracy.
  • Escalate unresolved reconciliation issues as necessary, keeping the Finance Manager (FM) informed.


2. Petty Cash Management

  • Verify that general ledger balances match M-Pesa statement balances.
  • Review for unsupported payments and ensure all support documents are auditable and valid.


3. Accounts Payables

  • Confirm that all invoices are booked correctly, avoiding double bookings.
  • Ensure payables reflect true and auditable amounts.


4. Stock Management

  • Conduct checks on bike, phone, and GPS stock to confirm alignment between physical counts and recorded balances.
  • Help develop and sustain a proper inventory system that will keep a check on operation and ensure out inventory is verifiable.


5. Taxation

  • Ensure all taxes are filed accurately and on time, including VAT, WHT, WHVAT, CIT, and Excise Duty.
  • Review and maintain accurate tax GL balances.
  • Collaborate with the cash flow analyst to ensure funds are available for timely tax payments.
  • Provide insights on areas for improved tax compliance.
  • Take ownership of monthly and annual tax computations


6. Financial Statements (Working with the Management Accountant)

  • Coordinate interim and final audits and prepare financial statements in collaboration with supporting staff.
  • Plan and enforce adherence to deadlines for both Group and local reporting.


7. Month-End Closing

  • Support the Finance Manager in meeting strict monthly reporting deadlines.
  • Ensure accurate and complete trial balances (TBs) for all local entities by the 4th working day of the following month.
  • Monitor and guide the team in meeting subdivided deadlines for efficient reporting.


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What you will need:

QUALIFICATIONS AND EXPERIENCE:

  • Bachelor’s degree in accounting, Finance, or related field.
  • CPA-K qualification or equivalent professional certification.
  • Minimum of 5 years’ experience in accounting roles, with at least 2 years in a supervisory position.
  • Strong knowledge of Kenyan tax regulations and compliance requirements.
  • Proficiency in accounting systems, with experience in SAP By Design preferred.
  • Excellent analytical, organizational, and problem-solving skills.


Key Skills:

  • Strong attention to detail and ability to ensure accuracy in all financial processes.
  • Effective communication and interpersonal skills to manage internal and external stakeholders.
  • Ability to work under strict deadlines and prioritize tasks effectively.
  • Proficiency in Microsoft Excel and other financial tools.


Reporting Structure:

  • Reports to: Finance Manager
  • Supervises: Accountants and Accounts Assistants (as nee

With us you will:

Feel Good

  • a competitive salary
  • a friendly and dynamic work environment
  • an excellent well-being program:
  • health insurance (after probation period)
  • pension scheme (after probation period)
  • Active social life and events
  • Approachable and resourceful management team
  • Multicultural professional team 
  • Friendly and dynamic work environment
  • Competitive compensation


Win

  • Fast results without the friction of bureaucracy
  • great victories due to the transparency of the company and its goals
  • bonuses and awards for the great work
  • participate in victory celebrations with your co-workers

Grow

  • together with an intelligent team
  • yourself and the company with the established feedback culture
  • your knowledge with training possibilities