JOB TITLE

 

ACCOUNTANT

NATURE OF JOB

FULL TIME

INDUSTRY

 

SALARY

KSHS.60,000

JOB LOCATION

NAIROBI

 

DUTIES AND RESPONSIBILITIES

Tax Filing and Compliance:

  • Prepare and File Tax Returns on ITAX: Ensure accurate and timely filing of tax returns through ITAX, adhering to local tax regulations and deadlines.
  • Tax Planning and Strategy: Assist in planning and implementing tax-saving strategies, providing insights into potential tax liabilities.
  • Stay Updated on Tax Regulations: Keep abreast of changes in tax laws and regulations, ensuring compliance and advising management on any necessary adjustments.

 Bank Reconciliation:

  • Monthly Bank Reconciliation: Perform monthly reconciliations of all bank accounts, verifying that all transactions align with internal records and ensuring accurate reporting.
  • Investigate Discrepancies: Investigate and resolve any discrepancies in bank statements or internal records to maintain the accuracy of financial data.
  • Cash Flow Management: Monitor cash flow closely and report any irregularities or significant variances in the bank accounts.

Supplier Reconciliation and Payment Processing:

  • Supplier Account Reconciliation: Reconcile supplier statements and resolve any differences in accounts to maintain accurate financial records.
  • Timely Payment of Invoices: Ensure that all supplier invoices are processed accurately and paid within the terms agreed upon, managing relationships with suppliers efficiently.
  • Tracking and Managing Outstanding Debts: Monitor outstanding payments and work with suppliers to clear aged balances, while ensuring that all accounts are settled in a timely manner.

Financial Analysis and Reporting:

  • Prepare Monthly and Quarterly Reports: Assist in the preparation of financial reports, including balance sheets, profit and loss statements, and cash flow statements.
  • Analyze Financial Data: Analyze financial trends and variances, providing recommendations for operational efficiencies or cost-saving measures.
  • Budgeting Support: Assist in the preparation and monitoring of the annual budget, ensuring that expenses are within forecasted limits and identifying any areas for financial improvement.

Accounts Payable and Receivable Management:

  • Accounts Payable: Process and manage accounts payable, ensuring all incoming invoices are paid accurately and on time.
  • Accounts Receivable: Manage accounts receivable, ensuring timely collection of outstanding payments and following up on overdue invoices.
  • Aging Reports: Produce aging reports for both accounts payable and receivable to track overdue balances and ensure prompt resolution.

Financial Compliance and Internal Controls:

  • Ensure Compliance with Accounting Standards: Ensure that all accounting activities comply with local regulations and international financial reporting standards (IFRS).
  • Maintain Internal Controls: Maintain robust internal controls to prevent fraud and ensure the integrity of financial transactions.
  • Audit Preparation: Assist in preparing documents for external audits and liaise with auditors to provide necessary information and resolve any audit issues.

 Financial System Management:

  • Support System Implementation and Upgrades: Collaborate with IT to maintain and improve financial systems and software tools.
  • Data Accuracy and Integrity: Ensure the accuracy and integrity of financial data by properly inputting transactions and maintaining a well-organized filing system.
  • Process Improvement: Identify opportunities to streamline accounting processes and improve operational efficiency through better use of accounting tools or automation.

Liaising with Internal and External Stakeholders:

  • Collaboration with Other Departments: Work closely with other departments (e.g., sales, operations, HR) to gather relevant financial information, support interdepartmental processes, and provide financial insights.
  • Interaction with External Partners: Build and maintain professional relationships with external accountants, auditors, tax authorities, and regulatory bodies to facilitate smooth communication and timely resolution of issues.

KEY REQUIREMENT SKILLS AND QUALIFICATION

  • Degree in Accounting, Finance, or CPA K
  • 3-5 years of accounting experience, ideally in a fast-paced environment
  • Proficiency with accounting software
  • Strong analytical skills with the ability to interpret and analyze financial data

 

HOW TO APPLY

  • If you meet the above qualifications, skills and experience share CV on

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  • Interviews will be carried out on a rolling basis until the position is filled.
  • Only the shortlisted candidates will be contacted.