Many East African SMEs are stuck in the “missing middle”, a financing gap for businesses that need between US 100k and 500k. iungo capital is an investment company that provides growth capital to such early-stage and growing SMEs in Kenya. iungo capital invests in value-addition businesses that are cash positive and highly scalable, operating in sectors such as service, agri-processing, or manufacturing. iungo capital's investments are structured as short to mid-term mezzanine debt or quasi-equity.
iungo capital is currently looking to hire a Portfolio Accountant based in Nairobi, Kenya, who have a passion for being hands-on, on-site, and end-to-end involved with SMEs, to help them within finance capacity to assist them in maximizing growth, scaling operations, improving business performance and realizing their impact potential. More specifically, we are looking for professionals who can take responsibility of some of the following tasks –line with their experience, preference, and ambitions.
Tasks & responsibilities
Work with 6+ different portfolio companies.
To work as an internal senior finance professional of the portfolio companies.
Implement and build finance operations for the portfolio company.
Prepare weekly and monthly management reports for the managers and investors.
Prepare a budget for the companies.
Train accounting and bookkeeping staff of the portfolio companies.
Create financial projection models for income, balance sheet, and cash flow.
Conduct financial audits.
Make sure all the tax and statutory requirements are fulfilled for the portfolio companies.
Expected background & skills
Relevant education background in Accounting, Tax, and Audit.
Either having worked with a major accounting organization considered a plus.
Intensive knowledge and understanding, preferably by experience, of some of the following business domains: operations, financial and risk management, accounting, management controls.
Ability to work both independently and in a team, with an entrepreneurial drive.
Abilities to establish a mixture of empathy, trust, confidentiality, and straightforwardness, paramount to help the entrepreneur to see things more clearly from a different view-point.
Excellent feedback, interpersonal and communication skills.
Creativity and flexibility to interact with entrepreneurs to offer individualized services.
Problem-solving and strategic planning abilities; analytical skills and attention to detail; good numerical skills.
And finally, commitment and self-motivation are key to be part of an organization that takes skin in the game. You enjoy seeing the results and impact of your work, making a difference in the environment that surrounds you.
Conditions
We offer a competitive salary and a challenging job in the investment sector, in an international and diverse environment, with a lot of responsibilities and opportunities to influence the development of ourorganization, contributing to sustainable change. We aspire for a joint future in the long term.
We are looking for candidates already residing in Kenya and has a necessary work permit for Kenya.
