Job Description
Job Purpose :
To drive accurate financial reporting, regulatory compliance, and decision-making through expert management of accounting operations and financial management functions.
Accounting Operations
Reviewing financial statements and general ledger entries to ensure completeness, accuracy and adherence to accounting standards.
Posting monthly journal entries and intercompany transactions
Making payments to suppliers
Review the debtor balances and lead the collection process.
Prepare bank reconciliations
Filing tax returns
Investigating and resolving KRA queries
Ensure timely day to day operations of the accounts’ functions.
Liaising with ERP system team – Accounts configurations, process flows, suggest and implement improvements to system processes where applicable
Financial Management and Reporting
Create Monthly and quarterly budgets for the Group.
Prepare and analyze financial statements; income statements, balance sheets, and cash flow statements.
Prepare consolidated accounts of the group.
Monitor financial performance, identify trends, and provide financial analysis to support decision-making on cost saving and revenue enhancement.
Responding to management queries on matters Finance of the Group and individual companies.
Develop and implement financial policies, procedures, and internal controls to ensure compliance with regulations and best practices.
Ensure compliance with accounting standards, company policies and relevant regulations like IFRS, Kenya tax laws, etc.
Compliance and Audit
Quarterly and Annual internal audit reviews.
Liaising and facilitating auditors during the review period.
Preparing and sharing financial analysis – TB with comments.
Investigating and resolving audit findings, discrepancies, and issues of non-compliance
Ensure compliance with relevant accounting standards, tax regulations, and financial reporting requirements
Stay up-to-date with changes in accounting regulations and assess their impact on the organization
Strategic Planning and decision support
Provide financial analysis and recommendations to support strategic planning, investment decisions, and business growth initiatives.
Participate in financial forecasting, long-term financial planning, and risk management activities
Evaluate financial performance and key performance indicators (KPIs) to identify areas for improvement and cost-saving opportunities
Team Leadership and Management
Create a positive work environment
Collaborate with other subsidiaries so as to ensure smooth financial operations and accurate financial reporting.
Qualifications
Bachelor’s degree in Accounting, Finance, or a related field.
Professional certification such as ACCA, CPA, or CIMA is preferred.
A minimum of five years’ experience in private or public accounting
Proven experience in project accounting and financial management, preferably within construction industry.
Proven experience in project management
Strong knowledge of accounting principles, financial analysis, and project budgeting.
Proficiency in project management methodologies and tools.
Excellent analytical skills and attention to detail.
Ability to work collaboratively with cross-functional teams and stakeholders.
Strong communication and interpersonal skills.
Proficient in financial accounting software
Ability to prioritize tasks and meet deadlines in a fast-paced environment.
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