Chief Accountant Jobs in Kenya

Chief Accountant Jobs in Kenya


Industry: Real Estate & Hospitality

Location: Nairobi

Salary: KShs 200K – 250K

Our Client is a well-established company in the Real Estate & Hospitality business in Nairobi.

They seek to hire an experienced and competent Chief Accountant responsible for all areas relating to financial reporting, managing accounting, and budgets and forecast.

Responsibilities

  • Handle the full spectrum of financial and cost accounting roles e.g. producing forecasts, budgets, and reports

  • Responsible for day-to-day finance and accounts operations

  • Ensure that all accounting records are maintained i.e. ledgers and subsidiary books of accounts.

  • Prepare and present accurate management accounts (balance sheet, profit and loss statement cash flow reports, and other reports) for the Chairman and the Group Companies on a monthly basis to ensure informed decisions are made.

  • Lead in identifying, developing, and implementing effective internal control mechanisms and drive consistent improvements in financial processes and routines.

  • Supervise the accounts team personnel to ensure timely service delivery to the Group Companies.

  • Prepare a weekly and monthly cash flow report to identify payments made and due to Suppliers and follow up on receipts expected from Debtors and any pending payments.

  • Availing the required information for monthly VAT returns, supply and sales invoices to external accountants for submission of VAT returns

  • Carrying out monthly bank reconciliations for the Chairman and the Group Companies Managing cash flow and bank balances

  • Ensure that all transactions are as per accounting standards and systems for compliance.

  • Ensure financial issues and inquiries are addressed from internal and external customers to ensure satisfactory services.

  • Ensure internal checks are carried out to ensure effective and efficient accounting practices.

  • Coordinate revenue collection and expenditures of approved budgets to ensure the prudent use of available funds.

  • Ensure the application of sound principles, systems, and techniques in accounting for effective and efficient use of finances and assets.

  • The continuous audit of all accounts, records, and transactions.

  • Maintaining & updating fixed asset records

  • Processing the
    monthly payroll in compliance with KRA requirements

  • Invoicing tenants on a monthly basis for the Group Companies

  • Monthly supplier payment processing both for the Chairman and the Group Companies Ensure the audit file is updated monthly

  • Check all petty cash and cheque payments allocation and ensure they are properly allocated.

  • Ensure taxes are properly calculated, accrued, and paid within the stipulated government deadlines, especially VAT, Withholding VAT, Withholding Tax, PAYE, NHIF, NSSF

  • Perform project cost forecasts/budgets, cost tracking, monitoring, and controls

  • Implement the recommendations by both the internal and external audits of the follow-ups and corrections of the weak points raised.

    Qualifications

  • Bachelor of Commerce Degree (Finance, Accounting, Economics, or any other relevant qualification)

  • Minimum of 7 years’ work experience in the accountancy field preferably Real Estate.

  • Must be a Certified Public Accountant (CPAK) and Registered with the Institute of Chartered Public Accountants of Kenya (ICPAK).

  • Excellent Communication skills

  • Must have good knowledge of accounting packages

  • Very good knowledge of MS Office applications and especially Excel.

  • Excellent understanding of accounting and reporting standards and procedures

  • Experience in researching as it relates to accounting issues

  • Awareness of business trends

  • Experience with creating financial statements

  • Experience with general ledger functions and the month-end/year-end close process How to Apply

    How to Apply

    If you are up to the challenge, possess the necessary qualification and experience; please send your CV only quoting the job title on the email subject (Chief Accountant- Real Estate & Hospitality) to jobs@corporatestaffing.co.ke before 1st November 2022.

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