Job Purpose
This position is responsible for overseeing financial operations-applying accounting principles and procedures to analyze financial information, prepare accurate and timely financial reports and statements and ensure appropriate accounting control procedures.
Key Responsibilities
Financial Reporting and Analysis
Financial analysis –and reporting weekly
Group reporting, compliance and consolidation
Ensure financial records are maintained in compliance with accepted policies and procedures
Compile and analyze financial information to prepare financial statements including monthly and annual accounts
Ensure all financial reporting deadlines are met
Prepare financial management reports, budgets, forecasts for approval by the Finance Manager
Manage taxation issues
Financial Planning
Group debtor management
Continuous management and support of budget and forecast activities
Analyze and advise on business operations including revenue and expenditure trends, financial commitments and future revenues
Analyze financial information to recommend or develop efficient use of resources and procedures, provide strategic recommendations and maintain solutions to business and financial problem
Reconciliations
Bank reconciliation
Branch reconciliation – daily sales and cash
Reconciliation of customers and suppliers accounts
Intercompany reconciliations
Prepare VAT schedules and file returns
Internal controls
Monitor cash flows. Liquidity and financial performance metrics to identify risks and areas of improvement
Credit control review
Ensure proper cash and cheque management
Audit preparation and schedules
Ensure accurate and timely monthly, quarterly and year end close
Ensure accurate and timely monthly, quarterly and year end close
Establish and monitor the implementation and maintenance of accounting control procedures
Prevent accounting discrepancies and irregularities
Develop and maintain financial data bases
Ensure accurate and appropriate recording and analysis of revenues and expenses
Financial audit preparation and coordinate the audit process
Credit notes approval
Working closely with business leaders and align business operations to finance
People Management
Monitor, coach and develop all finance employees
Deputize Finance Manager
Supervision all accounts employees
Work closely with HR department in resourcing of finance employees when it falls open
Key Performance Indicators
Timely and accurate reporting – daily/weekly/monthly
Financial analysis
Cashflow management
Compliance to statutory returns and taxation -VAT and payroll by products
Compliance to internal controls- SOPs
Good leadership / People Skills
Education, skills and experience
Bachelor’s degree in accounting, finance or related certification.
CPA (K) / ACCA qualifications
Minimum of 7 years’ work experience in a similar position and in busy finance department
Good knowledge of statutory requirements and Kenyan law on taxes
Strong understanding of accounting principles, standards and regulations like GAAP & IFRS
Good knowledge of accounting practices including IFRS and international auditing standards
Attention to detail. Achieve thoroughness and accuracy when accomplishing a task
Good understanding of ERP systems preferably incadea.
Good standing with relevant professional bodies (ICPAK)
Competencies
Customer oriented
Problem-Solver and analytical skills
Good communication skills
Leadership skills
Attention to detail
VAT returns knowledge
Cashbook and Bank Reconciliation
Interested candidates are requested to forward their updated CVs to jobs@subarukenya.com by 18th October 2024 clearly indicating the subject heading CHIEF ACCOUNTANT.
Please Note: Only Shortlisted candidates will be contacted.
Apply via :
jobs@subarukenya.com
