Accountant (Medical Devices & Services) at Wisen HR Services

Job summary:

• Responsible for managing the financial operations of the company and ensuring compliance with accounting standards and regulations. Your role will involve overseeing financial transactions, preparing financial reports, managing budgets, and providing strategic financial guidance to support the growth and success of the organization.

Duties and Responsibilities

Financial Management:

• Develop and implement financial policies, procedures, and controls to ensure effective financial management and mitigate financial risks.
• Prepare and manage the company's budget, ensuring proper allocation of resources and adherence to financial targets.
• Monitor cash flow, manage accounts payable and receivable, cash and bank transactions and reconciliations and maintain accurate financial records.
• Conduct financial analysis to identify areas for cost reduction, revenue enhancement, and overall financial improvement.
• Foster relationships with financing partners to get the best best debt and cash management solutions

Financial Reporting and Compliance:

• Prepare timely and accurate financial statements, including income statements, balance sheets, and cash flow statements.
• Ensure compliance with Kenyan accounting standards, tax regulations, and other statutory requirements.
• Coordinate and oversee external audits and ensure timely submission of financial reports to regulatory authorities.
• Monitor changes in financial regulations and update accounting policies and procedures accordingly.

Financial Planning and Analysis:

• Provide financial insights and guidance to support strategic decision-making and business planning.
• Conduct financial forecasting, variance analysis, and performance monitoring to identify trends and opportunities.
• Collaborate with management to develop financial strategies, pricing models, and investment plans.
• Assess and manage financial risks, including currency exchange, interest rates, and credit exposure.

Team Management:

• Supervise and mentor the accounts clerk, ensuring their professional development and productivity.
• Oversee payroll processing, benefits administration, and employee expense reimbursements.
• Foster a culture of transparency, accuracy, and compliance within the finance department.

Key Skills and Competencies:

•  Bachelor's degree in Accounting, Finance, or a related field.
•  Professional certifications (CPA, ACCA) a must.
•  Proven work experience as a Accountant or similar role in an SME environment.
•  Strong knowledge of Kenyan accounting standards, tax laws, and financial regulations.
•  Proficiency in accounting software and financial management systems.
•  Excellent analytical, problem-solving, and decision-making skills.
•  Attention to detail and accuracy in financial reporting.
•  Strong communication and interpersonal skills.
•  Ability to work effectively under pressure and meet tight deadlines.