Accountant at Mission for Essential Drugs and Supplies (MEDS)

Key responsibilities:

• Reconcile tax sub-ledgers, including PAYE, VAT and Withholding Taxes, with the general ledger and process tax declarations and payments to comply with existing KRA regulations.
• Provide timely and accurate VAT and Withholding Tax sub-ledgers, revenue and expenditure reports and VAT Returns filed as per existing laws and regulations.
• Prepare periodic Tax lead schedules that include VAT 3 Schedule, IT2 Schedule for both internal and external financial audit process.
• Continual appraisal of Organisational system compliance with enacted taxation laws, regulations, advice and training for adoption and or implementation of the laws.
• Prepare and analyse project budgets and project financial reports on a monthly, quarterly, and annual basis to track and support effective project performance monitoring as per donor requirements.
• Prepare import cost analyses by calculating all cost elements for pre-shipment and postshipment phases to assess the viability of imports and justify selling prices.
• Prepare payments for temporary staff by tabulating the amounts due and posting them accurately to the relevant ledgers to ensure payments are made to the correct bank accounts.
• Implement internal and external financial audit resolutions on taxes and projects reports and related matters
• Continual appraisal of Organisational system compliance with enacted taxation laws, regulations, advice and training for adoption and or implementation of the laws

Job requirements:

• Bachelor’s Degree in Finance or a business-related field and Certified Public Accountant (finalist) or equivalent. Registration with ICPAK is an added advantage.
• At least five years of experience, including two years in accounting within a tax environment
• Technical Competencies; Knowledge of Generally Accepted Accounting Principles (GAAP);
• Knowledge of International Financial Reporting Standards; Knowledge of Generally Accepted Government Audit Standards; Knowledge of the Code of Federal Regulations; Critical thinking skills
• Functional skills: Communication, problem-solving, analytical, keen to details and interpersonal skills