1,971 Reconciliation Analyst jobs in Kenya

Company Description

Arxern is a tech-driven wealth management platform that offers investors with AI-powered market tools to manage their investment portfolios. With our innovative technology, we enable smarter, data-driven decisions for investors seeking to optimize their investment . Arxern focuses on providing comprehensive market analysis and actionable insights to enhance investment outcomes.

Role Description

This is a full-time remote role for a Financial Analyst.The Financial Analyst works alongside roles like the ML/AI Engineer, UI/UX Designer, and Data Engineer to ensure the platform delivers accurate, compliant, and user-centric wealth management solutions.

Qualifications for a Financial Analyst

Educational Background
:

Bachelor's degree in Finance, Economics, Business Administration, or a related field. A Master's degree (e.g., MBA, MSc in Finance) is preferred for deeper analytical expertise.

Professional certifications such as CFA (Chartered Financial Analyst), CPA (Certified Public Accountant), or CFP (Certified Financial Planner) are highly desirable for credibility and knowledge of investment strategies.

Experience
:

3-5 years of experience in financial analysis, wealth management, or investment advisory, preferably in the Kenyan or East African market. Experience working with
chamas
, cooperatives, or group investment schemes to understand their unique financial behaviors and needs (e.g., managing collective investments). Familiarity with AI-driven financial tools or fintech platforms (e.g., Wealthbox, Redtail, or robo-advisors) to bridge traditional finance with AI integration.

Technical Skills
:

Proficiency in financial modeling and data analysis tools (e.g., Excel, Python, R) to validate AI model inputs and analyze market trends. Knowledge of CRM systems (e.g., Wealthbox, Salesforce) to support integration of AI tools like Zocks or Jump for client data management.

Market Knowledge
:

Deep understanding of Kenyan financial markets, including the Nairobi Securities Exchange, government bonds, and real estate investment trends relevant to affluent clients and chamas. Familiarity with regulatory frameworks in Kenya, such as Capital Markets Authority (CMA) guidelines, to ensure AI outputs comply with local standards.

Soft Skills
:

Analytical Thinking: Ability to interpret complex financial data and translate it into actionable insights for the AI platform.

Communication:

Strong verbal and written skills to present findings to the team and align AI features with user needs (e.g., explaining chama dashboards to non-technical stakeholders).

Collaboration:

Comfort working in a cross-functional team with roles like UI/UX designers and data engineers to deliver a user-centric.

Desirable Extras:

Experience with compliance automation tools (e.g., Focal, FinMate) to support Arxern's regulatory adherence. Knowledge of behavioral finance to tailor AI recommendations to the risk profiles and cultural preferences of Kenyan users (e.g., risk-averse chamas vs. growth-seeking elites). Exposure to mobile-first platforms, as Arxern may prioritize mobile access for Kenya's tech-savvy middle class.

Compensation and Profit Sharing

1
. No Base Salary: As described in the job posting, the Employee will not receive a base

salary.

2. Profit Sharing Compensation: Instead of a traditional salary, the Employee's compensation

will be entirely based on profit sharing. The details—including eligibility, profit allocation,

and payment schedules—are outlined in the Profit Sharing Document, which is incorporated

by reference into this agreement.

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At CloudFactory, we are a mission-driven team passionate about unlocking the potential of AI to transform the world. By combining advanced technology with a global network of talented people, we make unusable data usable, driving real-world impact at scale.

More than just a workplace, we're a global community founded on strong relationships and the belief that meaningful work transforms lives. Our commitment to earning, learning, and serving fuels everything we do as we strive to connect one million people to meaningful work and build leaders worth following.

Our Culture

At CloudFactory, we believe in building a workplace where everyone feels empowered, valued, and inspired to bring their authentic selves to work. We are:

• Mission-Driven: We focus on creating economic and social impact.
• People-Centric: We care deeply about our team's growth, well-being, and sense of belonging.
• Innovative: We embrace change and find better ways to do things together.
• Globally Connected: We foster collaboration between diverse cultures and perspectives.

If you're passionate about innovation, collaboration, and making a real impact, we'd love to have you on board

Role Summary

As a Financial Analyst, you will play a key role in conducting detailed profitability analysis, as well as supporting the financial planning, budgeting, and forecasting processes. You will work closely with Finance leaders and collaborate with cross-functional teams to deliver financial insights and analytical support to drive strategic decision-making. This is an exciting opportunity to grow professionally while contributing to a mission-driven organization.

Responsibilities:

Financial Planning & Analysis

• Assist with the company-wide budgeting and forecasting process.
• Act as a system administrator for the FP&A tool (Abacum). Manage integrations and datasets within the tool, create custom reports and spaces for functional owners, and maintain and update sophisticated models in the FP&A tool.

Gross Margin Analysis

• Own the end-to-end monthly gross margin calculation and analysis for all workstreams, ensuring accuracy and timeliness.
• Partner with cross-functional teams to ensure all workstream-related costs, including technology and cloud computing expenses, are accurately and timely tracked and allocated.
• Lead the evaluation, setup, and improvement of a new system implementation for Project Accounting.
• Conduct a detailed variance analysis of the cost of revenue and gross margin by client. Summarize and present key trends, findings, and potential risks to leadership.
• Track Sector performance against plans and targets. Support the Sector team in creating, analyzing, and recommending plans to improve Sector gross margins.

Reporting & Performance Monitoring

• Develop and maintain comprehensive reports and Tableau dashboards to track key performance indicators (KPIs), including company unit economics.
• Report on actual financial performance against quarterly targets, highlighting and analyzing key variances.

Strategic & Ad-Hoc Analysis

• Support the pricing analysis process and the creation of financial plans of records for new business proposals and expansion opportunities with existing clients. Track variance against financial plans and report key findings to the leadership team.

Create robust forward looking financial models and perform in-depth ad-hoc analyses on various business aspects to support leadership with data-driven strategic and operational decisions.

• Strong analytical mindset with significant experience in a similar role.
• Solid understanding of core Financial and Accounting processes, particularly P&L drivers and unit economics.
• Strong business partnering skills with the ability to quickly build relationships and engage effectively with stakeholders at all levels.
• Advanced Financial Modelling skills with proficiency in Excel/Google Sheet Skills.
• Strong organisational and time management abilities with the ability to handle working under pressure and meeting tight deadlines.
• Adaptable, proactive, and able to thrive in a fast-paced environment.
• Degree in Business, Finance, Accounting, Economics, or a related field
• Prior experience in FP&A/Financial Analysis setting, with familiarity in  FP&A systems and Data Visualization tools is a plus.

• Competitive Compensation.
• We are connected to the first (Hybrid work model).
• Community service opportunities.
• High growth globally scaling company culture.
• A mission you can stand by
• Room for growth We prefer to promote from within rather than hire from without.

At CloudFactory, we believe that work should be more than just a job—it should be a platform for growth, impact, and community. Here, you'll earn with purpose, learn every day, and serve a mission that truly matters. If you're looking for a career where you can develop professionally, contribute meaningfully, and be part of a global movement, we'd love to have you on this journey

Join us today and be part of our mission to connect people and technology for a better world Apply now and bring your whole, authentic self to work—we can't wait to meet you

• Develop and maintain financial models for forecasting, budgeting, and valuation.
• Analyze financial data, identify trends, and explain performance variances.
• Prepare monthly, quarterly, and annual financial reports for senior management.
• Conduct in-depth analysis of key business drivers and financial metrics.
• Assist in the development of annual budgets and long-term financial plans.
• Evaluate the financial feasibility of new projects and investments.
• Support capital allocation decisions and profitability analysis.
• Collaborate with accounting teams to ensure accurate financial reporting.
• Provide financial insights and recommendations to support strategic initiatives.
• Stay current with financial regulations and market trends.

• Bachelor's degree in Finance, Accounting, Economics, or a related quantitative field. A Master's degree or professional certification (CFA, CPA) is a plus.
• Minimum of 3 years of experience in financial analysis, corporate finance, or a related role.
• Strong proficiency in financial modeling, forecasting, and valuation techniques.
• Advanced skills in Microsoft Excel and financial software.
• Excellent understanding of accounting principles and financial statements.
• Strong analytical, problem-solving, and critical thinking skills.
• Exceptional attention to detail and accuracy.
• Excellent written and verbal communication skills.
• Ability to work independently and manage multiple priorities in a remote environment.

• Prepare and analyze financial statements, including income statements, balance sheets, and cash flow statements.
• Develop financial models and forecasts to support business planning and strategy.
• Conduct variance analysis and explain deviations from budget and forecast.
• Assist in the budgeting process and monitor departmental spending.
• Provide financial support and insights to various business units.
• Identify trends, opportunities, and risks within financial data.
• Monitor key financial performance indicators (KPIs).
• Ensure compliance with accounting policies and regulatory requirements.
• Assist in financial audits and preparation for regulatory filings.
• Conduct market research and competitor analysis from a financial perspective.
• Support ad-hoc financial projects and analyses as required by management.
• Improve financial reporting processes and tools.

• Bachelor's degree in Finance, Accounting, Economics, or a related field.
• Minimum of 2 years of experience in financial analysis or a related role.
• Strong understanding of financial principles, accounting practices, and reporting standards.
• Proficiency in financial modeling and forecasting techniques.
• Excellent analytical and problem-solving skills with a keen eye for detail.
• Advanced skills in Microsoft Excel, including complex formulas, pivot tables, and data visualization.
• Familiarity with accounting software and ERP systems.
• Good written and verbal communication skills.
• Ability to manage multiple tasks and meet deadlines.
• High level of integrity and professionalism.
• Professional certifications (e.g., CPA, ACCA) are a plus.