Accountant at Kimisitu Investment Company Limited - KICL

REPORTING TO:                General Manager

DEADLINE FOR APPLICATION: 29/12/2021 1700Hrs

Job Summary

To ensure efficient and effective management of accounts and oversee that all finance units are optimally operating within resources allocated.

Duties & Responsibilities

1. Strategic and Policy Role
   1. Assessing financial risks and suggesting preventive measures
   2. Advise the company on financial transactions, mergers and acquisitions
   3. Ensure the company is compliant with all relevant bodies.
   4. Advise on cost optimization and profitability.
2. Accounting Role
   1. Oversee the duties of the accounting team.
   2. Maintain accounting controls by preparing and recommending policies and procedures
   3. Ensure the accuracy, completeness, integrity and reliability of all financial information provided and meet deadlines
   4. Enforce all accounting policies and procedures for internal control systems.
   5. Forecast cash flow requirements and, in consultation with the GM, request to meet cash needs.
   6. Preparation and validation of all company payments and submitting for approval as per company policies
   7. Costing of new projects in the course of new project search
   8. Creation of new projects in the ERP system.
   9. Regularly review the debtor’s ageing analysis and liaise with the Accounts Asst.   to follow up.
3. Reconciliations
   1. Ensure timely and accurate reconciliations of Accounts Receivable and that all payments are followed up and paid on due dates.
   2. Confirming accurate capture of all revenue by performing appropriate checks and reviews.
   3. Monthly reconciliation of balance sheet and P & L items
4. Management of payments
   1. Payroll processing for the organization and ensuring timely payment of all statutory deductions as per deadline.
   2. Preparation of dividend payment schedules and sharing information with relevant authorities.
5. Audit Coordination
   1. Facilitate internal/external audits and ensure that audit follow up and action lists are addressed on a timely manner.
6. Management Reports
   1. Prepare Budget and management activities to ensure that all expenses are within assigned budgets for managing bottom-line and profitability
   2. Prepare monthly management reports for the Board i.e. Management Accounts and Company Performance Report
   3. Maintain files and documentation in accordance with the company policy and accepted accounting practices.
   4. Maintains asset register of the company and ensure continuous updates.
   5. Any other duties assigned from time to time by supervisor.

Academic Qualifications

• Bachelors in Finance or equivalent.

Professional Qualifications

• CPA (K), ACCA III
• Member of ICPAK

Experience

• 5 years’ experience at a supervisory level
• ERP in a multi user environment.

Skills and Attributes

• Leadership skills

• Analytical, problem solving and decision-making skills.
• Business savvy and able to identify investment opportunities with high yield guided by regulatory guidelines
• Negotiation skills.
• Excellent written, oral, interpersonal, and presentation skills
• High integrity and confidently