Chief Accountant Jobs in Kenya

Chief Accountant Jobs in Kenya

  • Our client is an oils extraction manufacturing company in Agriculture and food processing located at the EPZ in Kitengela.

  • They are seeking to recruit a highly ambitious candidate to fill in the following position: Chief Accountant

    Job Summary:

  • To handle all aspects of Finance by providing appropriate financial advice.

  • The role will be in charge of budgeting, financial analysis, and capital asset as well as implementing financial control policies, systems, and procedures in line with International Accounting Standards.

    Main Responsibilities of Job

  • Develop and maintain the cost accounting system, documents, and records of the organization;

  • Analyze any changes in products provided in order to determine what effect it has on the cost and make estimates of new and proposed product costs;

  • Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs;

  • Provide management with reports that specify and compare factors that affect prices and profitability of products or services;

  • Coordinate preparation of accurate and up-to-date financial and management accounting information to facilitate decision making;

  • Oversee monthly, quarterly, and annual financial progress reports for the department and forward for approval, to ensure informed decisions are made within the Company promptly;

  • 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;

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

  • Participate in the preparation of reports regarding internal and external audits to ensure accurate information on annual statements is correctly projected;

  • Validation and verification of payments for accuracy and accountability;

  • Coordinate the budget preparation process of the company and prepare the related special revisions promptly;

  • Develop, implement and monitor effective systems of monitoring performance against budget including key financial performance indicators;

  • Ensure timely monthly reconciliation of budget adjustments to the agreed expenditure plan;

  • Analyze and report significant budget variances and identify possible remedial actions in consultation with divisional accountants;

  • Review and benchmark operational costs and capital expenditure with the industry standards to ensure they remain within acceptable

  • Ensure maintenance of an up-to-date assets register;

  • Prepare divisional and corporate forecasts for income and expenditure on a monthly, quarterly and annual basis;

  • Ensure effective treasury management including the Company’s bank accounts, loans, and other financial instruments;

  • Maintain robust cash handling and banking procedures;

  • Ensure that closing stocks in financial statements can be tied up to physical stocks and differences are investigated promptly and resolved;

  • Provide advisory services on building the investment portfolio of the Company;

  • Ensure full integration of all ERP financial transactions; and

  • Identify, deploy and motivate the finance team including performance appraisal, identification of training needs, mentorship and coaching as well as leave and absence management in line with the company’s people agenda.

    Key Skills and Qualifications

  • Bachelor’s Degree in Commerce (Accounting or Business Administration with Finance Option) or any other Business-related Degree from a recognized university;

  • Must have a minimum of eight (8) years experience, five of which (5) should be in a management role;

  • Must be a Certified Public Accountant (CPAK) or ACCA;

  • Must be strong in Cost Accounting and Reporting;

  • Must have a good understanding of the Constitution, Public Finance Management Act, and related legislation, financial reporting accounting standards;

  • Must have worked in the manufacturing sector;

  • Must have impeccable planning and budgeting skills;

  • Must be familiar with the major Investments trends for similar industries; and

  • Must have leadership and supervisory skills.

    How to Apply

  • Interested candidates are requested to forward their updated CVs to

  • stating the subject heading “Chief Accountant” clearly indicating their current and expected remuneration (MUST), daytime telephone contacts, and addresses of three referees.

  • Applications will be reviewed on a rolling basis and only shortlisted candidates will be contacted.

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