Assistant Accountant

1 day ago

Nairobi, Nairobi Area, Kenya Umba Full time 1,200,000 - 2,400,000 per year

About Umba
Umba is a pan-African digital bank serving customers in both Kenya and Nigeria. Our mission entails providing accessible and cost-effective financial services across Africa, enabling our customers to take charge of their financial well-being. We are committed to seizing a unique opportunity to transform the financial landscape in Africa by harnessing the power of machine learning to develop intelligent, affordable financial products tailored for emerging markets. Our machine learning models are continuously improving, and we leverage AI and automation to deliver banking solutions at the lowest possible cost to our expanding customer base.
Umba is headquartered in Nairobi Kenya. Our primary focus is to offer a comprehensive range of digital banking products through Android, iOS and Web Apps, and we take pride in our culture of consistently surpassing customer expectations, which has fueled our rapid expansion.
Umba acquired a deposit taking microfinance bank in Kenya in 2023, which has now been named Umba Microfinance Bank. The bank has achieved fast growth since launch with average monthly growth rate of 19% and 6x revenue growth in 2024.
We are actively seeking outstanding individuals who not only possess exceptional talent but also share our vision, determination, and sense of purpose. Join us in our endeavor to establish the best digital bank in Africa.

Job Summary
The role is responsible for supporting the Finance Department in maintaining accurate financial records through timely and accurate reconciliation of bank and account statements. The position plays a key role in ensuring data integrity, assisting in audit preparations, managing financial documentation, and supporting the timely posting of payments and statutory filings. The incumbent will also contribute to process improvements and provide general administrative support to ensure smooth financial operations.

Key Responsibilities
1. Bank Reconciliation
  • Assist in reconciling bank statements with company financial records.
  • Identify and resolve discrepancies between bank records and the general ledger.
2. Account Reconciliation
  • Perform monthly reconciliations of various balance sheet accounts.
  • Investigate and promptly resolve all reconciling items.
  • Preparation of CBK reports for review by senior officer
3. Documentation and Reporting
  • Prepare daily liquidity monitoring reports.
  • Maintain accurate and organized reconciliation documentation.
  • Prepare reconciliation reports and summaries for senior finance staff review.
4. Support Financial Audits
  • Assist in preparing documentation required for internal and external audits.
  • Provide necessary support during audits by ensuring all requested information is readily available.
5. Data Entry and Maintenance
  • Ensure accurate and timely posting of all payments in the Management Information System (MIS).
  • Facilitate prompt loan disbursement in both MIS and bank systems.
  • Maintain and update the fixed assets register.
6. Statutory Filing and Payments
  • Ensure timely filing and remittance of all statutory deductions in line with regulatory deadlines.
7. Process Improvement
  • Identify areas for improving reconciliation processes and increasing efficiency.
  • Support the implementation of new reconciliation tools or software solutions.
8. General Support
  • Provide administrative and clerical support to the Finance Department.
  • Assist with other tasks and duties as assigned by your supervisor.
Key Qualifications
  • Bachelor's degree in Accounting, Finance, or related field.
  • CPA qualification is an added advantage.
  • Proficient in accounting software (QuickBooks, Sage, SAP, or Xero).
  • Strong MS Excel skills (pivot tables, v-lookups, and financial modeling).
  • Solid knowledge of accounting principles, reconciliations, and financial reporting.
  • Experience in accounts payable/receivable, bank reconciliations, and ledger posting.
  • Familiarity with payroll, tax regulations, and statutory compliance.
  • Excellent analytical, organizational, and problem-solving skills.
  • Strong attention to detail with ability to meet deadlines under pressure.
  • High integrity, confidentiality, and professionalism.
  • Effective communication skills and ability to work well in a team.
How to apply
Qualified candidates to apply by COB 15th September 2025.
Due to the urgency, application will be reviewed on a rolling basis.
NB: Only short-listed candidates will be contacted.
Umba Microfinance Bank Limited is a proud equal opportunity employer and does
not discriminate against applicants on any basis.

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