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Accountant - Payables

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Department: Finance
Band/Level: Officer
Location: Head Office
Contract Terms: Open-Ended
Application Deadline: January 6, 2025

Job Purpose

Ensure timely and accurate payment of suppliers and statutory obligations while managing the procure-to-pay process effectively.

Key Responsibilities

Payments (80%)

  • Process supplier and statutory payments promptly and accurately.

  • Ensure proper accounting for both internal and external payments.

  • Maintain and review the payments tracker.

  • Analyze costs to identify cost-saving opportunities.

  • Handle taxes related to supplier payments.

  • Address internal and external customer queries within SLA timelines.

  • Remit collected taxes to KRA-CBK accounts.

Other Responsibilities (20%)

  • Resolve audit and risk issues.

  • Adhere to and apply established policies, procedures, and tools consistently.

  • Identify and implement improvements to controls, procedures, and systems for fraud prevention.

  • Properly file and archive documents.

Key Relationships

  • Internal and External Auditors

  • Suppliers

  • Branches and Other Departments

  • Kenya Revenue Authority

Job Knowledge and Skills

  • Understanding of the Bank’s policies and procedures.

  • High level of computer literacy and familiarity with business computing environments.

Qualifications

  • Bachelor’s degree in a business-related field from a recognized university.

  • Professional qualification in CPA/ACCA (required to have started).

  • Strong analytical and problem-solving skills.

  • Excellent customer service skills.

  • Ability to prioritize and manage time efficiently.

  • Minimum of 1-year experience in a similar role.

Application Instructions

Send your CV and cover letter to careers@sbmbank.co.ke. Clearly indicate the position you are applying for in the subject line of your email.

Apply Here

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SBM Bank

Riverside Dr, Nairobi

SBM Bank is a leading financial institution dedicated to providing innovative and customer-focused banking solutions. Established in 1973 as the State Bank of Mauritius, the bank has expanded its operations globally, offering a wide range of financial products and services to individuals, businesses, and institutions.

Why Join SBM Bank?

  • Innovative Environment: We embrace modern technology and creativity to deliver world-class financial services.

  • Career Growth: SBM Bank is committed to nurturing talent and offering opportunities for professional development.

  • Global Exposure: Work with a diverse team and gain experience in international markets.

  • Values-Driven Culture: Our core values of integrity, customer-centricity, innovation, and sustainability guide everything we do.

  • Community Impact: Join a bank that values corporate social responsibility and contributes to sustainable development.

What We Offer

  • Dynamic Work Environment: Collaborative and inclusive workplace culture.

  • Learning and Development: Comprehensive training programs to help you excel in your role.

  • Competitive Benefits: Attractive compensation packages, including health benefits and performance-based rewards.

  • Global Opportunities: Cross-border roles and assignments in our various regions of operation.

Be Part of Our Team

At SBM Bank, we are not just about banking; we are about building a better future. If you’re passionate about making a difference and advancing your career in the financial sector, we want to hear from you.

Explore current opportunities with SBM Bank and take the first step toward an exciting and fulfilling career.