OTB Africa - Accountant - Jobs in Kenya
OTB Africa - Accountant - Jobs in Kenya
Job Title: Accountant
Job Purpose:
Responsible for ensuring company receivables and payables/expenses are recorded and reported accurately, timely and in a periodic manner according to the International Financial Reporting Standards (IFRS), OTB’s standards, procedures and client satisfaction.
Roles & Responsibilities:
Provide financial information to management by researching, compiling and analysing accounting data and financial information to prepare reports.
Petty cash management & control of all expenses related to the day to day running of the company.
Obtain validation that there are finances that can be appropriated to every payment.
Prepare and process supplier/client invoices and payments by inputting correct information, verifying documentation for accuracy and completeness, and subsequent follow-up to ensure payment of the same.
Ensure Withholding tax, PAYE & VAT are filed in a timely and accurate manner before the due dates.
Ensure that all invoices are attached to and guided by supporting documentation such as LPO’s.
Ensure that client details such as certificates of registration, ITAX, PIN, physical address & contacts are duly captured and registered in the system.
Update clients’ statements of accounts and ensure proper allocations.
Monitor and maintain proper records of sales invoices, withholding tax certificates, petty cash & other expenditure, and client remittances for all payments to the company.
Conduct reconciliation of the company’s statements and annual audits for payables and expenses.
Maintain confidentiality and financial security by following internal controls and keeping proper records of all financial transactions and other related documents.
Closely monitor the cashflow position of the company on a weekly basis and report any issues causing a negative cashflow position to the Finance Manager/Directors.
Institute the company’s cost cutting measures by ensuring prudent use of company resources.
Suggest ways to reduce costs, enhance revenues and improve profits.
Ensure all projects that the company is undertaking are backed by Contracts of award or commitment letters such as Local Purchase orders.
Ensure company profit margins are maintained at all times by thorough analysis of supplier quotations vis-a-vis approved LPO’s.
Oversee account payable functions such as evaluating supplier quotations, maintaining company credit limits with
suppliers & payables aging to 45-60 days.
Ensure that LPO’s have been duly authorised by the Finance Manager/ Directors before issuance and payments made as per approvals.
Aging analysis of receivables from debtors as per company credit limit. This includes follow up on payment progress on amounts outstanding.
Monitor creditors aging within the stipulated period of 60 days credit.
Record withholding tax amounts withheld by debtors whilst settling payments related to invoices issued; and subsequent follow up with clients where these have not been received.
Develop good business relationships with and manage suppliers.
Any other duties as may be assigned from time to time.
Qualifications & Competencies:
Bachelor’s Degree in Finance/Accounting or Commerce.
CPA (K) or ACCA qualifications desirable.
3 years’ experience in Accounting/Finance and Auditing.
Member of a professional accounting body.
Thorough knowledge of basic accounting procedures and principles.
Experience in creating financial statements.
Experience with general ledger functions and the month-end/year end close process.
Commercially astute and insightful with good numerical and analysis skills.
Exemplifies accountability and follows through.
Strong IT skills and conversant with multiple accounting software packages.
Able to handle high levels of pressure and critical decision making.
High integrity and openness combined with commitment to good governance.
Attention to detail; highly motivated with a passion for excellence and business growth.
Ability to successfully collaborate with key agency partners.
Good communication, negotiation and relationship building skills.
Ability to prioritize, multitask and deliver within tight schedules.
How to Apply
Interested and qualified candidates should apply online by 29th March 2019
Applications should be sent to: info@otbafrica.com
For more information and job application details, see; OTB Africa - Accountant - Jobs in Kenya
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