Population Services International Senior Accountant, Social Business Unit - Jobs in Kenya

Population Services International Senior Accountant, Social Business Unit - Jobs in Kenya


Based in (Based in any place allowed as per Work From Almost Anywhere policy) 10-25% international travel Work From Almost Anywhere Status = Yes Reports to (Senior Finance Manager, Social Business Unit)

Who we are Population Services International (PSI) is the world’s leading non-profit social marketing organization. We are a diverse group of over 4,500 entrepreneurial development professionals located in over 35 countries committed to making it easier for all people to lead healthier lives and plan the families they desire.

PSI is using its global presence and 50+ years of experience to help reimagine healthcare. We are working to shape market systems, shift policy and funding, and strengthen global capacity to better support consumer empowered healthcare.

Join us! The Social Business Unit (SBU) is the business arm of PSI that focuses on balancing commercial viability and social impact to deliver consumer-powered healthcare at scale through social enterprise entities in markets around the globe - including India, Southern Africa, Angola, Cambodia, Myanmar, Vietnam, Uganda, Kenya, Ethiopia, Paraguay, and Central America.

The SBU vision is to design consumer-centric social enterprises that use a combination of digital and offline healthcare solutions to support consumers’ self-care journey, and give them choice, voice and agency in their health and well-being. PSI’s Social Business Unit has unique requirements compared to PSI’s not for profit activities, and this position is intended to act as a bridge between the accounting needs of the SBU and the rest of PSI.

By ensuring accurate recording and reporting of global and country level SBU transactions and identifying areas for improvement, this position will drive accurate, timely reporting of financial performance. In addition to working with the country office teams, you will work with members of the Global Finance team, including the Controller’s team, Regional Finance Operations and Budget and Insurance team.

This position will be expected to implement and coordinate financial integration activities with respect to monthly consolidation, intercompany transactions, and policy alignment among existing PSI SBU teams and processes with local GAAP, PSI Global and US GAAP requirements.

This person would also be responsible for the accurate accounting for PSI SBU’s strategic investments, including assisting with determining the appropriate accounting treatment of new business initiatives and models e.g., new partnerships, distribution agreements and new markets, in alignment with US GAAP and local statutory requirements.

This person will ideally have relevant experience with various areas of accounting including business combinations, intercompany, revenue recognition, consolidation, foreign currency, valuation concepts, and be familiar with different financing methods. PSI seeks a Senior Accountant, Social Business Unit that will play a key role in PSI’s financial success.

Work across several functional areas of financial operations. Work on a team within our DC headquarters and liaise with finance teams in over 14 field offices worldwide to maintain the general ledger and perform month end close and support audits.

Your contributions
• Reconcile general ledger accounts and bank accounts - 30% of Time o Including but not limited to: inventory accounting, accounts receivable recording and management, identification of appropriate reserves, identification of stock obsolescence risk, intercompany accounting, and invoicing 

• Prepare journal entries to record inventory movements, fixed asset acquisitions and disposals - 20% of Time o Including but not limited to: accounts receivable recording, accounts receivable reserves, obsolete stock, and intercompany transactions accounting and invoicing

• Analyze general ledger account balances and transactions - 10% of Time

• Support internal customers at HQ and in field offices worldwide - 10% of Time

• Support high complexity audit samples by explaining documentation to auditors - 20% of Time

• Perform other duties and special projects as assigned - 10% of Time o Identify and propose changes to PSI's Global Controller and Vice President SBU in PSI Global accounting policies and/or local accounting policies to reflect the needs of the SBU in line with GAAP and local statutory reporting requirements. o Work in coordination with

PSI's Global Finance, Regional Finance Officers and SBU to communicate changes, provide training and ongoing support to countries to help ensure that their accounting structure is aligned to SBU, local and Global reporting requirements.

Implement compliance activities and contribute to special projects that strengthen controls, leverage technology, result in operational efficiencies and help drive results. Time percentages listed above are not exact. They are estimates and may change. This is also not an exhaustive list of all tasks that an incumbent is expected to perform but is instead a summary of the primary responsibilities and requirements of the job. The incumbent may be asked to perform duties not included above. PSI reserves the right to revise job profiles at any time based on changes to the required job responsibilities.

What are we looking for?
- Bachelor's Degree (or international equivalent) in Accounting or related field

- Master’s Degree (or international equivalent), CPA or equivalent preferred

- At least 7 years of related experience. Equivalent combination of relevant education and experience may be substituted.

- At least 1 year of Public Accounting in an audit firm (as part of the overall 7 years of experience) preferred.

- Expert Excel experience required: pivot tables, vlookups, and sumifs formulas.

- Familiarity with ERPs.

- Strong verbal and written communication skills. Able to translate and communicate complex accounting and financial information to employees with varying levels of financial knowledge.

- Familiarity with USG rules and regulations and/or International Financial Reporting Standards (IFRS) preferred. - Experience with standard end-to-end financial processes such as forecast, close, analysis, and reporting.

The candidate we hire will embody PSI’s corporate values: Measurement: You use hard evidence to make decisions and guide your work. You set clear goalposts in advance and explain clearly if you need to move them.

Pragmatism: You’ll strive to deliver the best possible result with the resources available. You won’t be paralyzed by a need to make things perfect.

Honesty: You own your mistakes and are open about your shortcomings – it’s the only way you’ll learn and improve. Collaboration: You’ll quickly establish a mental map of whom you can rely on for what, on your team, at headquarters, and in our country offices – if you try to do it all yourself, you won’t succeed.

Trust: You accept limits to your sphere of control and give colleagues the benefit of the doubt.

Commitment: You are in it for the long-haul and want to grow with the organization, just like PSI serves its consumers and partners with host-country governments through thick and thin. PSI has implemented a COVID-19 Vaccine Mandate to provide a hazard free employment and work environment in our commitment to our employees. Candidates offered a position are highly encouraged to ensure that they are vaccinated prior to their start date.



How to apply
Application Interested applicants should submit a letter of interest and current Curriculum Vitae to jobs@psinairobi.org by 18th July 2022; Subject: Senior Accountant. Applications are currently accepted on a rolling basis.

PSI is an Equal Opportunity Employer and encourages applications from qualified individuals regardless of actual or perceived race, religion, color, sex, age, national origin, disability, sexual orientation, marital status, personal appearance, matriculation, political affiliation, family status or responsibilities, gender identity or expression, pregnancy, childbirth, related medical conditions or breastfeeding, genetic information, amnesty, veteran, special disabled veteran or uniform service member status or employment status.


For more information and job application details, see; Population Services International Senior Accountant, Social Business Unit - Jobs in Kenya




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