Coca-Cola Payable Accountant - Jobs in Kenya

Coca-Cola Payable Accountant - Jobs in Kenya

Job Description
Company Overview
  • Coca-Cola Beverages Africa is the largest African Coca-Cola bottler, accounting for 40% of all Coca-Cola volumes on the continent. CCBA is a market leader in the NARTD non-alcoholic ready to drink market in Africa. CCBA has an extensive footprint in Africa, employing approximately 14,000 employees in Africa, with over 2000 employees in Kenya.

    Key Purpose Statement
  • To oversee the Accounts Payable department and ensure supplier payments are made within agreed payment terms and in line with company interest.

    Key Duties & Responsibilities

    Manage Supplier Accounts
  • Obtaining monthly supplier statements.
  • Run creditors age analysis.
  • Do creditors reconciliations.
  • Creditors extended to 60 days.
  • Check all Creditors reconciliations are current and up to date , no long outstanding items.
  • Reconciliation sign off with suppliers.

    Financial Administration
  • To maintain the GR and IR account monthly
  • Analyze all outstanding items on GRIR and age analysis, No items older than 60days
  • Monthly compilation of general ledger accounts for the tax pack.
  • No items on GR and IR accounts for longer than 60 days.
  • Monthly GL reconciliation packs as per year end requirements with timeous follow up and clearance , with no items outstanding for longer than 60 days.
  • All close off and reporting deadlines to be met.
  • Outstanding items on AP reconciliation not to exceed 30 days.
  • Current liability file current and 100% accurate
  • All monthly GL accounts reconciled with lead schedules for tax pack purposes.
  • Local and foreign reconciliation maintained monthly
  • Monthly VAT to GL reconciliation
  • Check all creditors reconciliations are current and up to date, with no long outstanding items.
  • VAT and Withholding Tax review and timely filing as per KRA deadlines.
  • Timely payment of Statutory deductions.
  • VAA management.
  • Vendor onboarding and updates.
  • Net working
    Capital Management.

    Routine Accounting Functions
  • Manage Accounts Payable
  • Settled Accounts as per the payment terms
  • Intercompany payments and confirmation

    Internal controls and compliance
  • Payments processed are approved as per the COA
  • Review GL and Supplier statements Reconciliations
  • Monitor SAP Compliance
  • Monitor Internal Audit Findings close outs
  • Ensure timely statutory filing of returns and payments e.g. installment tax, VAT, Excise tax and PAYE. Land rent and rates

    General Administration
  • Collection and posting of payments
  • Maintain suppliers filing system and document flow
  • Resolve suppliers queries
  • Maintenance of SOPs and work instructions
  • Review of payments

    SAP Month End Close
  • Intercompany accounts confirmations for HFM
  • Accurate creditors aged analysis

    Financial Year End
  • Provide supporting documents as per the auditors samples

    Skills, Experience & Education

  • At least 5 years working experience in Finance.
  • SAP experience an advantage.
  • Creditors handling background.
  • Ability to solve problems and make decisions with agility.
  • Ability to work independently and complete duties wit little direct supervision.
  • Ability to work accurately under pressure in meeting deadlines.
  • Good business acumen, team player, leadership skills and a good communicator.
  • Finance acumen and skills.

  • Minimum requirement: Bachelor Degree in Accounting or Accounting and Finance.
  • Finance Accreditation with a Finance body ICPAK or ACCA

    How to Apply
    For more information and job application details, see; Coca-Cola Payable Accountant Jobs in Kenya

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