FMCG Payables Accountant Jobs in Nairobi, Kenya

FMCG Payables Accountant Jobs in Nairobi, Kenya

Job Title:
  • Accountant – Payables (FMCG)
    Industry:
  • Manufacturing – Soft Drinks
    Location:
  • Nairobi

    Our client is one of the largest manufacturer and distributors of assorted beverages.

    They seek to hire an experienced Accountant – Payables who will be tasked with supporting the Senior Accountant in the execution of accounting processes.

    Responsibilities

    Financial Accounting Control

  • Ensure that all accounting entries are accurate and verified by the Senior Accountant before posting it in the system.
  • Ensure that all import bills and suppliers’ invoices are accurate and properly accounted within the stipulated period.
  • Ensure that all journal entries are approved by the Senior Accountant and FM before posting it in the system.
  • Ensure that all accounting entries and cheque payments are prepared and posted timely and accurately in the system.
  • Ensure that end of every period closure the ageing report of vendors is scrutinized and sent to the Senior Accountant\FM for MIS reporting.
  • Ensure that all petty cash vouchers are correctly posted in the system as and when the reimbursement level is reached.

    Treasury and Banking Controls

  • Provide a daily report on the fund position.
  • Prepare the bank reconciliation statements daily for all the current accounts.
  • Ensure that the cheques issued are posted in the cheque issue register.
  • Ensure that all petty cash vouchers are reimbursed accurately.
  • Ensure that (RTGS) Real time gross settlement and bank transfers are done accurately and timely.

    MIS

  • Ensure that the daily report on the fund position is circulated by 9 AM every morning.
  • Ensure that the month end closure procedure for expense provision is strictly adhered in terms of time lines and accuracy.
  • Ensure that end of every period closure the ageing report of vendors is scrutinized and sent to the Senior Accountant\FM for MIS reporting.

    Fixed Assets Control

  • Ensure that documents relating to asset acquisition are filed separately for statutory audit and government audit purposes.
  • Ensure that all new additions to assets have been labeled with the numbers appearing in the fixed asset register.

    Inventory Control

  • Conduct a physical check of Concentrates, Sugar and Crowns every Monday.
  • Consolidate the physical stock statements of Concentrate, Crowns Sugar and Fuel against the book stock on Tuesday.
  • Highlight the variance to the Senior Accountant.

    Month End Financial Period Closure Controls

  • Ensure all import related invoices and vendor invoices are properly accounted.
  • Ensure that all assets acquired in the relevant period are properly capitalized.
  • Ensure that all month end provisions are adequately provided to the Senior Accountant.
  • Ensure that all vendor accounts are reconciled properly.
  • Ensure that the salary payable control account and employee statutory liabilities have a nil balance after the salary and statutory dues are paid.

    Statutory Audit Requirements

  • Coordinate with the auditors for physical verification of Crowns, Concentrates and Fuel.
  • Circularization of vendor balances
    and obtaining confirmation as required by statutory auditors.
  • Complete all schedules and tie them with the Trial Balance within 30 days from the date of closure of the yearend financial accounting period.
  • Coordinate with the auditors during the audit and provide them all the information requested by them.

    Internal Audit Requirements

  • Provide all the information and support requested by the Internal Audit Team.
  • Ensure strict adherence of all the recommendations of the Internal Audit Team.

    Statutory Compliance Control

  • Ensure that the following returns are scrutinized for their accuracy and filed with the Government Authorities on or before the prescribed date.

    Other Areas of Control
  • Keeping a diligent eye on cost saving measure.
  • Ensure compliance of responsibility and authority matrix documents.
  • Interface with the IT Manager as and when required for change in system policies.
  • Any other financial area that is assigned by the management.

    Qualifications
  • Diploma in any field related to finance or Degree in Business management –Finance option would be added advantage.
  • Certified public Accountant Kenya
  • 3 years of experience in the field of Finance.
  • An acute inner sense of evaluating customers based on their track record.
  • Proficient in computer usage and knowledge of ERP systems (Both Sage & Navision)
  • Team player, who works well across functions and levels
  • Experience in the Soft Drinks business would be an added advantage

    Key Performance Indicators
  • Suppliers’ invoices are accurate and properly accounted within the stipulated period.
  • All accounting entries and cheque payments are posted timely and accurately in the system.
  • Bank reconciliation statements are prepared daily for all the current accounts
  • 100% accuracy in the reimbursement of all petty cash vouchers
  • Physical check of Concentrates, Sugar and Crowns is done on a weekly basis.
  • Nil balance in salary payable control account and employee statutory liabilities after salary and statutory dues are paid.
  • All assets acquired in the relevant period are properly capitalized

    How to Apply
  • If you are up to the challenge, possess the necessary qualification and experience; please send your CV to vacancies@corporatestaffing.co.keonly quoting the job title on the email subject (Accountant – Payables (FMCG)) to before Thursday 2nd May 2019.
  • Kindly indicate current/last salary on your CV.
  • N.B: We do not charge any fee for receiving your CV or for interviewing.
  • Male candidates are encouraged to apply.
  • Only applicants meeting the strict criteria outlined above will be contacted.


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