DEADLINE: 23/05/2024

Assistant Accountant – Treasury & Payables


Kyosk Digital Services Limited

Position: Assistant Accountant – Treasury & Payables

Reports to: Finance Controller

Reportees: None


Role Profile

We are looking for a self-driven and experienced finance professional to join our team as the Assistant Accountant – Treasury & Payables. The role holder will be tasked with stewardship of Kyosk’s financial assets and debt including providing overall leadership of the cash management, payables, debt management and investment management functions of finance as well as affiliated entities. He/she will ensure the maintenance of corporate liquidity and financial stability, manage strategies, operations, policies and budgets relating to all treasury activities.

Propose the development and revision of financial policies for capital structure, working capital, treasury operations, foreign exchange interest rate risk management, and insurance risk management. Including providing direction on capital markets, borrowing, investing, foreign exchange, treasury operations, financial risk management and corporate finance initiatives.

Key Responsibilities:

Cash Flow & Working Capital Management: Undertake daily payables management, petty cash reconciliation, liquidity management, bank statement reconciliation & posting and associated accounting providing daily updates including short term cash flow forecasting and reporting. Manage credit and channel collections ensuring all collection is done in the most efficient using innovative reconciliation techniques and tools.

Treasury and Tax Management: Support the treasury function, regarding any work required to meet short and long-term funding needs of the business. Support the management of the tax function and ensure the organization tax obligations are met in a timely and efficient manner.

Debt Management: Support the administration of the periodic drawdown of term loans and overdraft facilities conveying interest rate swaps and related derivatives following the organization’s treasury policy. Monitor and report on all interest accruals and associated accounting.

Payables Management: Timely and accurate settlement of payment in line with the Procure to Pay policy or the Finance manual. Ensuring all invoices are posted accurately and in a timely manner with the P&L and Balance Sheet using the 3 -Way match or the required approvals as per policy or the Delegation of Authority.

Financial Controls & Compliance: Ensure the business is always compliant to the treasury and procure to pay policies making recommendations on where the organization moves outside policy for remedial action. Periodically review the treasury policy parameters and make recommendations for amendment and champion the implementation. Ensure compliance with all regulatory requirements; supervise the maintenance of internal controls designed to safeguard corporate assets and the integrity of its fiscal systems.

Risk Management: Monitor and guarantee compliance with all relevant treasury policies, procedures and SOPs. Formulate risk analysis tools and lead periodic assessments of potential financial risks to the business’ financial operations. Ensure that the company is compliant with the regulatory and tax requirements. Responsible for managing financial risks within the parameters set out in the Treasury Policy in addition to reporting upon compliance with this policy.

Minimum Qualifications & Desired Skills

● Bachelor’s degree in finance, accounting or relevant field.

● Professional qualification- Level 3 CPA (U)/ ACCA

● 2-3 years of proven and hands-on experience in accounting, finance, or related field.

● A deep understanding of accounts payables, treasury & accounting principles coupled with sound knowledge of business and financial systems & processes.

● Solid experience handling bank reconciliation, supplier statement reconciliations and general ledger postings and management.

● Good analytical skillset – with the ability to distil, report and control business activities and remedial actions required.

● Good communication and presentation skills.

● Good working knowledge of Microsoft Office.

● A strong team player with ability to work in fast paced environments.

Competencies & Skills:

● Financial Acumen.

● Procure to Pay Acumen.

● Business Acumen.

● Operational Excellence.

● Analytical Thinking & Problem-Solving Skills.

● Risk Management.

● People Leadership & Development.

● Tech Savvy.

About the Company:

Export Trading Group is the largest agricultural-commodity supply chain company in East and Southern Africa. The Company originates (buys) crops at farm gate “up country” in over 25 African countries, aggregates and processes them in a network of proprietary facilities and exports them internationally. Using this infrastructure in reverse, the Company imports fertilizer and rice, breaks bulk and processes them, and distributes them to smallholders.

ETG Digital Platforms (Kyosk) is building the future of the retail of everyday essentials and access to financial services in Africa, starting from Kenya.

Kyosk Digital Services limited is a tech-led platform that connects informal retailers who retail in kiosks and other similar retail outlets directly to fast-moving consumer goods companies (FMCGs) by communicating demand from retail outlets directly to FMCGs and their distributors and managing the delivery of the goods to the kiosks.

Our digital ordering and delivery platform – Kyosk, ensures that these retail outlets get access to stock at competitive prices and have them delivered directly to them. FMCGs find the traditional distribution chain to be inadequate as well, making it expensive for them to serve kiosk-type retail outlets, leading to high incidences of product stock-outs and lost sales opportunities. By providing FMCGs with good data visibility, we solve this major problem of theirs.

If you want to become a business leader in the emerging digital technology space and join a rapidly growing company of passionate and determined individuals with a singular will to win, Kyosk Digital is the organization for you.

KYOSK - Jobs in Uganda


Industry: FINTECH
Location: KAMPALA

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