- Job TypeFull Time
- QualificationBA/BSc/HND
- Experience7 years
- LocationNairobi
- Job FieldFinance / Accounting / Audit
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
Method of Application
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.