Finance Associate at Turaco

Turaco is a micro-insurtech company changing healthcare financing in emerging markets. We provide simple, affordable health and life insurance to low-income earners, distributing our products through partnerships with leading businesses in Kenya and Uganda. Our mission is to act as a safety net, freeing people from the fear of health-related financial shocks.

 

Finance Associate

  • Job TypeFull Time
  • QualificationBA/BSc/HND
  • Experience2 - 4 years
  • LocationNairobi
  • Job FieldFinance / Accounting / Audit 

About the role

The Finance Associate will contribute significantly to the smooth and efficient functioning of all in-country financial operations. This role requires a detail-oriented and organized individual with a strong understanding of accounting principles.

Key Roles & Responsibilities:

Accounting

  • Data Entry: Meticulously enter all approved cash transactions into the accounting software (QuickBooks) to maintain accurate and up-to-date financial records.
  • Petty Cash Management: Prepare and disburse petty cash payments in accordance with company policies and procedures, ensuring proper documentation and accountability.
  • Reconciliations: Perform regular reconciliations of petty cash and expense accounts to identify and resolve any discrepancies.
  • Cash Flow Management: Monitor and manage cash balances to ensure sufficient funds are available to meet all payment obligations.
  • Compliance: Ensure adherence to all applicable financial regulations and internal control procedures.
  • Financial Reporting: Assist in the preparation of monthly financial reports, providing accurate and timely financial information to management.

Other Duties

  • Asset Register: Maintain an accurate and up-to-date asset register, tracking company assets and recording any changes.
  • Invoice Processing: Review and process invoices, verifying accuracy and coding them appropriately for payment.
  • Vendor Management: Maintain positive relationships with vendors, ensuring timely delivery of goods and services.
  • Document Management: File all finance and administrative documents in a well-organized and professional manner, ensuring easy retrieval and compliance with record-keeping requirements.

Key Qualifications

  • Live Turaco’s values – Push boundaries, Work with excellence, and Profound respect for the individual.
  • 2 to 4 years of experience in Accounting.
  • Bachelor’s degree qualification in Finance, Accounting, or a related field.
  • Professional accounting qualifications like ACCA, CPA are highly desirable.
  • Strong knowledge of and experience with Microsoft Office Tools, Accounting Systems like QuickBooks, and Data Analysis tools.
  • A background in Insurance is an added advantage.
  • Sound interpersonal and communication skills.
  • Ability to work autonomously and take initiative; demonstrate self-motivation and energy, work well under pressure, and meet tight deadlines.
  • Willingness to work as a team member with people across geographies and cultures.

Check if your CV matches this job with MyJobMag AI

Method of Application

Interested and qualified? Go to Turaco on turaco.breezy.hr to apply

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