Accountant at Beachfront Vipingo

Job Purpose

• To maintain accurate financial records, prepare financial reports, manage accounting transactions, ensure compliance with statutory and organizational financial policies, and support prudent financial management to facilitate efficient operations and informed decision-making at Crown Beachfront Vipingo.

Key Duties and Responsibilities

• Prepare and maintain accurate books of accounts in accordance with accounting standards and company policies.
• Process journal entries and maintain the general ledger.
• Prepare monthly, quarterly and annual financial statements and management reports.
• Reconcile bank accounts, supplier statements and other balance sheet accounts.
• Monitor cash flow and prepare cash flow reports for management.
• Process accounts payable and accounts receivable transactions accurately and within stipulated timelines.
• Prepare statutory deductions and tax returns and ensure timely submission to relevant authorities.
• Assist in the preparation of annual budgets, forecasts and financial projections.
• Monitor expenditure against approved budgets and report any variances.
• Maintain the fixed asset register and perform periodic asset reconciliations.
• Support internal and external audits by preparing schedules and providing the required documentation.
• Ensure compliance with financial policies, internal controls and statutory requirements.
• Liaise with banks, suppliers, auditors and regulatory agencies on financial matters.
• Generate financial reports using accounting software and ERP systems.
• Perform any other duties as may be assigned by the Finance Manager.

Key Performance Indicators (KPIs)

• Timely preparation of monthly and annual financial reports.
• Accuracy of financial records and reconciliations.
• Timely processing of supplier and customer transactions.
• Compliance with statutory tax filing and payment deadlines.
• Budget variance maintained within approved thresholds.
• Number of audit queries and resolution timelines.
• Accuracy and completeness of the general ledger and fixed asset register.
• Timeliness of bank and account reconciliations.
• Compliance with internal financial controls and company policies.
• Quality and timeliness of management financial reports.

Education, Skills and Experience

Must have:

• Bachelor's Degree in Finance, Accounting, Commerce, Business Administration (Finance/Accounting Option), or a related field from a recognized institution.
• CPA Intermediate Level or CPA(K) Finalist
• Minimum of three (3) years' relevant accounting experience in the hospitality industry.
• Membership in a relevant professional body.
• Strong knowledge of financial management, budgeting, financial reporting, taxation, cash flow management and internal controls.
• Proficiency in accounting software, ERP systems and Microsoft Office applications, particularly Microsoft Excel.