The Role
Support accounting team with cash and bank management, bank reconciliations, petty cash, monthly and quarterly closings, journal postings, VAT/WHT statutory submissions, supplier and staff payments, reconciliations, and audit-ready documentation.
Summary Generated by Built In
Who we are
Open Capital is a financial advisory and strategy consulting firm with >100 full-time team across Africa. We aim to transform African economies and build generations of business leaders and are advisors to the most innovative businesses and investors driving growth on the continent.
We’re proud of what we’ve built – since we founded Open Capital in 2010, we have completed 1,900+ engagements across 35 countries in Africa and have alumni at many major investment funds across Africa. Our clients have transformed local industries in agribusiness, energy access, financial services, healthcare, and water & sanitation, among others. We have closed >$2 billion in capital raises in Africa and are now leading design for a new generation of market-building mechanisms, including new investment vehicles, PPPs, and more.
Today, our team is a diverse, global mix of talented individuals from 15+ nationalities and we are proud to have strong gender representation across levels from Analyst to Partner. We are a top employer that seeks excellence in everything we do; we have built a platform to drive change through African markets and are seeking an Accounts Assistant to join us in our Nairobi Office.
Why join us
We are a diverse, highly-motivated team with a dual mission: advance African economies & build generations of business leaders. Our culture enables us to deliver exceptional client outcomes and support each other as we grow into global leaders. We enjoy solving big, tough challenges and working with great people to do it!
The role
This is a full-time role which reports to the Accounting Team Leader. The key roles and responsibilities include but are not limited to;
Cash and Bank Management
Open Capital is a financial advisory and strategy consulting firm with >100 full-time team across Africa. We aim to transform African economies and build generations of business leaders and are advisors to the most innovative businesses and investors driving growth on the continent.
We’re proud of what we’ve built – since we founded Open Capital in 2010, we have completed 1,900+ engagements across 35 countries in Africa and have alumni at many major investment funds across Africa. Our clients have transformed local industries in agribusiness, energy access, financial services, healthcare, and water & sanitation, among others. We have closed >$2 billion in capital raises in Africa and are now leading design for a new generation of market-building mechanisms, including new investment vehicles, PPPs, and more.
Today, our team is a diverse, global mix of talented individuals from 15+ nationalities and we are proud to have strong gender representation across levels from Analyst to Partner. We are a top employer that seeks excellence in everything we do; we have built a platform to drive change through African markets and are seeking an Accounts Assistant to join us in our Nairobi Office.
Why join us
We are a diverse, highly-motivated team with a dual mission: advance African economies & build generations of business leaders. Our culture enables us to deliver exceptional client outcomes and support each other as we grow into global leaders. We enjoy solving big, tough challenges and working with great people to do it!
The role
This is a full-time role which reports to the Accounting Team Leader. The key roles and responsibilities include but are not limited to;
Cash and Bank Management
- Weekly reviewing and reporting on cash balances and short-term cash needs
- Preparing bank reconciliations and preparation of audit ready documentation
- Reviewing of petty cash reports including disbursement, replenishment, and reconciliation
- Posting of customer, supplier and payroll journals
- Completeness checks with the AR-, AP- and expense- process owners
- Identification of and reporting on unreconciled balances
- Quarterly review of prepayment- and accrual- balances
- Quarterly posting of depreciation and update of asset trackers
- Quarterly completion of closing checklist for sign-off by Group CFO
- Monthly preparation of VAT, WHT and WH-VAT returns in multiple countries
- Monthly reconciliation against financial accounts for approval by the Accounting Team Lead
- Submission of returns and preparation of payments
- Process supplier invoices and ensure timely payments in accordance with agreed terms
- Maintain accurate records of accounts payable transactions and reconcile supplier statements
- Handle staff reimbursements and advances, ensuring adherence to company policies
- 1-2 years of proven experience in an accounting capacity
- Bachelor of Commerce degree with Accounting option or other business-related course from a recognized institution
- CPA (completed at least up to intermediate level) or equivalent ACCA qualification will be an added advantage
- Strong skills in Microsoft Excel and/or Google Sheets
- Experience in working with accounting systems. Specific experience with QuickBooks Online will be an added advantage.
- Interest and ability to investigate and identify the root cause of issues such as unreconciled balances or account inconsistencies
- Fluent English language skills, both spoken and written
- Fluency in French will be a highly significant advantage
- Interest and ability to present information in a clear and compelling way
- Desire to work hard and continuously improve
- Experience in the preparation of VAT and other statutory returns will be considered an advantage
Note: Open Capital does not charge any fees or request any form of payment from candidates at any stage of the recruitment process. Learn more about recruitment fraud.
Top Skills
Microsoft Excel,Google Sheets,Quickbooks Online
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The Company
What We Do
Open Capital is a management consulting and financial advisory firm that drives growth, enables investment, and builds markets across Africa. We help businesses, investors, development partners, and the public sector identify opportunities and deliver unique, impactful solutions. Our mission is to advance African economies and build future generations of business leaders.
Since 2010, we have completed 1600+ engagements across 30+ countries in Sub-Saharan Africa and raised USD 1.5 billion for our clients. Our locally based team of over 170 full-time staff brings experience from the world’s top consultancies, private equity firms, investment banks, and development organizations including Boston Consulting Group, Citigroup, Credit Suisse, IFC, McKinsey, and The World Bank.
