About the position
The position holder will apply principles of accounting to analyze financial information and prepare financial reports by compiling information, preparing financial statements, and utilizing, adhering and enforcing the appropriate accounting control procedures. He will report to the Chief Finance Officer.
Responsibilities
Preparations of timely and accurate monthly/quarterly management reports
Handling statutory deductions and tax payments while observing the stipulated deadline dates of submission, this includes the following taxes, Income tax, VAT, PAYE, Withholding tax, NHIF, NSSF NITA levies etc.
Coordinate both external and internal audits and ensure effective implementation of audit recommendations, making of final accounts.
Responsible to check and reconcile respective bank statements on a monthly and weekly basis.
Ensuring financial transactions are properly recorded and entered into the computerized accounting systems
Reviews, investigates, and corrects errors and inconsistencies in financial entries, documents, and reports.
Reviews accounts payables and weekly check runs and reconciles
Responsible for verification of income auditing, receivables & debtors reconciliation
Analyze transactional processes and identify areas where additional accuracies and efficiencies can be achieved.
Coordinate monthly closing process and reconciliation of general ledger accounts.
Provide feedback on company policies and procedures, and constantly look out for potential changes which could improve operational efficiency, reduce costs or improve cash flow management.
Implement a strict internal control framework, with adequate checks and balances, to mitigate against the risk of fraud or error.
Provide monthly cash flow forecasts for CFO to review and sign off on.
Prepare weekly lists of payment runs for approval by the CFO.
Behavioural Competence
Strong leadership skills
Excellent communication and interpersonal skills
Should be of a smart appearance and articulate.
Qualifications
Bachelor’s degree in Commerce (Accounting/Finance Option), Business Management (Accounting/Finance Option), Economics, or equivalent qualification from a recognized Institution
Qualified Accountant (CPA (K), ACCA, or equivalent) are a mandatory requirement
Strong financial and accounting knowledge (IFRS)
Strong consolidation knowledge and experience
Statutory understanding (companies act and Tax)
Financial analysis experience