Manager Finance Operations
Role purpose
To manage and control M-Pesa finance operations by ensuring accurate accounting, reconciliation, financial reporting, and compliance with IFRS, local GAAP (GSEC/OHADA), Group Accounting policies, and Central Bank requirements, while maintaining the integrity of financial data and supporting business performance monitoring.
Key accountabilities and decision ownership
- Manage accounting activities in SAP in line with IFRS and local reporting (GSEC/OHADA) requirements.
- Oversee revenue and cost tracking for M-Pesa, ensuring accurate recognition and allocation of direct costs, Opex, commissions, and partner revenue shares.
- Monitor all costs processed through EVO and validate correctness, completeness, and proper classification.
- Prepare, review, and analyse M-Pesa P&L by tracking revenues and expenses, ensuring timely and accurate journal postings and adjustments.
- Validate commissions payable to partners, agents, and aggregators, ensuring they align with contractual terms and actual performance.
- Perform balance sheet reconciliations for all key accounts (AR, AP, revenue, accrued expenses, intercompany, and control accounts).
- Reconcile all M-Pesa operational bank and cash accounts to the general ledger and investigate any variances.
- Review standalone M-Pesa financial statements for accuracy, consistency, and compliance before submission to management.
- Maintain and ensure proper access and use of BICP, MDF, and G2 reporting systems for financial analysis and data validation.
- Serve as key interface for both internal and external auditors on all M-Pesa financial reporting matters.
- Prepare and submit financial and statistical reports to the Central Bank (BCC) in line with regulatory requirements.
- Ensure full adherence to Group Accounting policies, IFRS standards, and local regulatory frameworks.
- Support internal and external audits related to Trust governance, AML, and e-money regulations.
- Implement and strengthen internal controls around trust fund movements to mitigate fraud, leakage, or regulatory breaches.
Job Related Skill
- Strong financial analysis and reporting capabilities
- Advanced reconciliation and problem-solving skills
- High attention to detail and data accuracy
- Ability to manage deadlines and complex reporting cycles
- Strong coordination and stakeholder management
Job Knowledge
- Advanced knowledge of IFRS and local reporting standards (OHADA/GSEC)
- Strong understanding of M-Pesa and fintech revenue models
- Proficiency in SAP and EVO systems
- Experience with BICP, MDF, and G2 platforms
- Advanced Microsoft Excel and reporting tools
Job Experience
- Minimum 5–10 years in Treasury, Trust, or Financial Control roles
- Experience in mobile money, banking or fintech environment preferred
- Strong background in P&L reporting, reconciliations, and cost management
- Prior exposure to external and internal audits
Must have technical / professional qualifications
- Bachelor’s degree in Finance, Accounting, or Economics
- Professional qualification (ACCA, CIMA, CPA, or equivalent) is an advantage