Manager Finance Operations

Job Description

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