Purpose
The Senior Accountant specializing in Asset Management is tasked with overseeing all asset-related accounting activities, including the preparation of asset registers, implementing risk management protocols, and managing accruals, prepayments, and tax filings to ensure compliance with regulatory standards. Additionally, the role involves maintaining tax compliance, handling payables and expenses, and ensuring adherence to International Financial Reporting Standards (IFRS) in financial reporting. The position also encompasses the management of internal controls, coordination of audit processes, and participation in budgeting and forecasting initiatives in alignment with company policies.
Job Magnitude
Reports to the Finance Manager and collaborates extensively with Projects, Operations, and other internal teams. Additionally, interacts with external stakeholders, including suppliers and auditors, to ensure alignment and compliance.
This position plays a critical role in maintaining financial integrity by ensuring the precise and comprehensive recognition of assets, expenses, and accruals. Its influence extends to enhancing financial reporting quality, audit preparedness, and stakeholder satisfaction through the timely execution of audits and the establishment of robust internal controls.
Facilitates the development and implementation of budgeting and forecasting processes to ensure alignment with organizational objectives.
Oversee and perform a variety of essential tasks and assignments, ensuring adherence to established protocols and organizational standards. Collaborate with cross-functional teams to execute projects efficiently, maintaining clear communication and accountability throughout each phase. Manage daily operations, prioritize workloads, and allocate resources effectively to meet deadlines and achieve strategic objectives. Monitor progress, evaluate performance metrics, and implement continuous improvement initiatives to enhance productivity and operational excellence. Provide guidance and support to team members, fostering a culture of professional development and collaboration. Ensure compliance with industry regulations, safety protocols, and company policies to mitigate risks and uphold organizational integrity.
Execute comprehensive accounting processes for all asset categories, including fixed assets, intangible assets, and lease arrangements under IFRS 16, ensuring full adherence to International Financial Reporting Standards.
Perform fixed asset verification and assign asset tags to maintain an accurate, real-time asset register in partnership with the operations team.
Monitor accruals and prepayments to ensure precise recognition timing and compliance with established accounting policies, reconciling discrepancies as necessary.
Oversee the asset management function, encompassing the preparation and maintenance of the asset register, schedules, reports, and reconciliations.
Compile audit-ready schedules and supporting documentation for assets, accruals, prepayments, and tax-related items. Assist in the preparation of budgets, financial forecasts, and management reports.
Maintain adherence to tax regulations by overseeing VAT and WHT filings, conducting monthly reconciliations, and updating internal ledgers.
Oversee asset risk management by ensuring the prompt renewal of insurance policies for all assets.
Perform treasury operations and ensure compliance-related activities for the holding entity.
Record and defer commissions in accordance with contractual obligations and anticipated revenue recognition.
Handle additional responsibilities as directed by management from time to time.
Candidates must possess the necessary qualifications and competencies to excel in this role. Essential requirements include relevant educational credentials, professional certifications, and pertinent work experience in the specified field. Additionally, applicants should demonstrate strong analytical skills, effective communication abilities, and proficiency in industry-relevant tools or software. A proven track record of achieving measurable results, leadership experience, and the capacity to collaborate across teams are highly valued. Familiarity with current industry trends, adherence to compliance standards, and a commitment to continuous professional development are also expected.
Hard skills encompass a range of technical proficiencies and specialized knowledge essential for the role. Candidates must demonstrate expertise in specific software applications, industry-standard tools, and methodologies, ensuring accuracy and efficiency in task execution. A strong command of data analysis, programming languages, or technical writing may be required, depending on the position. Familiarity with project management methodologies, such as Agile or Scrum, or proficiency in relevant industry certifications, can significantly enhance a candidate’s suitability. Additionally, experience with enterprise resource planning (ERP) systems, customer relationship management (CRM) platforms, or other specialized platforms may be necessary for certain functions.
A reputable institution must award a bachelor’s degree in accounting, finance, commerce, or a related discipline.
A member in good standing with the Institute of Certified Public Accountants of Kenya (IC PAK) or the Association of Chartered Certified Accountants (ARCA) is required.
Proficient in IFRS standards, with a strong understanding of US GAAP considered beneficial.
Requires at least six years of hands-on experience in a high-volume finance setting, with a primary emphasis on asset management and regulatory compliance.
Expert-level proficiency in Microsoft Excel is strongly preferred.
Experienced with QuickBooks and asset management systems, with a proven track record of hands-on application and operational proficiency.
Proficiency in Oracle represents a valuable asset for this role.
Demonstrated experience in leadership and project management will be considered advantageous.
Soft Skills:
Strong interpersonal abilities are essential for fostering collaborative relationships with team members and stakeholders. Exceptional communication skills, both verbal and written, are required to convey ideas clearly and concisely. The capacity to adapt to changing circumstances and demonstrate problem-solving acumen is critical. Leadership qualities, including the ability to motivate and guide others, are highly valued. Proficiency in conflict resolution and negotiation ensures smooth project execution. A customer-centric mindset and a commitment to professionalism further enhance team dynamics and project outcomes.
A dynamic professional who thrives under pressure, demonstrating unwavering resilience and persistence while maintaining a results-oriented approach to execute multiple time-bound tasks within a matrix reporting structure without compromising progress.
Develops and sustains productive relationships with both internal team members and external partners to foster collaboration and trust.
We prioritize meticulous attention to detail and a proactive, methodical approach to addressing discrepancies while upholding compliance standards.
Exceptional interpersonal abilities are essential, enabling clear communication, adept conflict resolution, and the maintenance of financial integrity.
Adaptable and self-driven, this individual excels in high-pressure situations and effectively manages demanding, deadline-sensitive workloads with ease.
Qualifications
BA/BSc/HND , Professional Certificate
Experience Required
6 years
