Treasury Accountant

Job Description

d.light is a global leader in making transformative products available and affordable to low-income families. d.light has sold 35 million products, including solar lanterns, solar home systems, TVs, radios, and smartphones, impacting the lives of over 193 million people. Our vision is to transform the lives of one billion people with sustainable products by 2030.

Position Description

The Treasury Accountant will work closely with Senior Accountant in the areas of cash flow management, bank relationship, import and forex transactions monitoring with a view of improving profitability by assessing periodic liquidity needs to support Kenya commercial operations.

Roles & Responsibilities

Cash and Insurance Management

• Support in the monitoring of daily liquidity and suppliers' payments.
• Manage daily cash transactions, ensuring proper recording and reconciliation.
• Perform regular bank reconciliations to ensure accuracy and compliance.
• Monitor and forecast cash flow to maintain sufficient liquidity for operations.
• Responsible for maintaining a productive and collaborative relationship with the banks.
• Support in the administration of bank accounts (including opening and closing accounts, change of bank account mandates and KYC requests).
• Provide support to various business units in insurance across Kenya.

Reconciliation and Reporting

• Prepare and reconcile cash and bank accounts.
• Assist the Senior Accountant in generating reports related to cash flow.
• Identify and escalate risks related to cash handling.
• Timely reporting on the drivers for plan vs actual cash flow variance.

Internal Controls and Compliance

• Implement and monitor internal controls related to cash processes.
• Ensure compliance with company financial policies for working capital, treasury operations, foreign exchange, interest rate risk management and insurance risk management.
• Support audit processes by providing necessary documentation and reconciliations.

Requirements

Desired Skills and Experience

Education

• Bachelor's degree in Accounting, Finance or a related field.
• CPA (K), ACCA, CIMA or equivalent professional qualification.
• Sound training on treasury and corporate finance management skills.

Experience

• Minimum of 3-5 years of experience in cash management, or a similar role.
• Familiarity with MBC ERP system and Vena is an advantage.
• Knowledge of Kenyan tax regulations is a plus.

Skills and Competencies

Technical Skills

• Strong reconciliation skills with high attention to detail.
• Proficiency in Microsoft Excel and financial/inventory management systems.
• Ability to analyze financial data to identify trends and discrepancies.

Organizational and Analytical Skills

• Ability to manage multiple tasks, prioritize effectively, and meet deadlines.
• Strong problem-solving skills with a proactive approach to process improvements.

Collaboration and Communication

• Ability to work cross-functionally with finance, procurement, and operations teams.
• Strong written and verbal communication skills.

Integrity and Compliance

• High ethical standards and commitment to compliance with company policies and regulations.

How to Apply

Interested and qualified candidates are invited to submit their application.

Please note: Submission of both a Cover Letter and CV is Mandatory for consideration.

Only shortlisted candidates will be contacted.