Finance Manager at

2 months ago


Nairobi, Nairobi Area, Kenya PalmPay Full time

PalmPay is a next generation mobile wallet that empowers anyone with a smartphone to open a financial account, send money and make payments.

Available on Android and iOS.

About PalmPay and the Role:
PalmPay is a leading panAfrican fintech company operating across Nigeria, Ghana, Tanzania, Kenya, with plans for further expansion. Our mission is to revolutionize financial services by simplifying and ensuring reliability for all. We offer customer wallet solutions, digital lending, merchant acquisition, crossborder payments, and more.

Key Roles and Responsibilities:
Maintain accurate and timely daily recordkeeping and accounting systems for loan vouchers and assigned expense vouchers.
Reconcile and update accounts promptly, addressing any discrepancies efficiently.
Provide financial reports and analysis to advise on management performance.
Address reconciliation issues reported by the cashier and accountant teams.
Act as a liaison with external parties on behalf of the managed entities.
Conduct account analysis and reconciliations as required, participating in the monthend close process.
Collaborate with the finance team and undertake additional duties assigned by management.
Manage bank account transactions (receipts and payments) and provide daily bank reports.
Attend management meetings as delegated by the Finance Manager.
Offer financial advice on relevant matters.
Handle tax management and administration of managed entities.
Perform monthly bank reconciliations, investigating and resolving discrepancies.
Ensure all transactions are accurately captured in financial reporting, including account balances and variance reports for monthend closing.
Respond to HQ reports and audits, providing necessary documents and evidence.
Liaise with tax authorities regarding tax audits and correspondence.
Manage monthly statutory remittances (WHT, VAT, etc.) and other financial commitments.
Prepare journal vouchers for direct debits and credits on bank statements.
Advise the company on implications of existing and new government monetary policies.
Provide professional advice to other teams and maintain connections with regulatory bodies.

Qualifications:
Bachelor's degree or higher in finance, accounting, or a related field.
Minimum of 5 years of experience in finance or audit roles.
Extensive experience in fintech finance is essential.
Relevant professional qualifications are mandatory.

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