Accountant at People FOCO

POSITION OVERVIEW

The accountant is responsible for all bookkeeping and accounts functions which carry out payables and ancillary functions, accounts receivables, stock management and petty cash management.

KEY RESPONSIBILITIES  

1. Team leadership and management

• Lead the accounts department, managing, mentoring and motivating the team;
• Ensure that accounts procedures are properly documented.
• Ensure that time attendance and execution of duties is at optimum in the department
• Ensure that company licenses, permits and insurance covers are renewed in a timely manner

2.Management accounts, budgeting and forecasting

• Ensure that we operate within the annual budget and update forecasts as necessary.
• Ensure monthly management accounts are submitted in the approved format;
• Ensure continuous improvement of financial reporting

3. Financial and regulatory reporting

• Prepare statutory accounts for the Company, in the appropriate format; these include PAYE, NSSF, SHA, NITA and HELB and ensure that are prepared and submitted in a timely manner.
• Liaise with external auditors

4. Financial transactions

• Ensure the efficient processing of all financial transactions.
• Ensure that all money received in and paid out is correctly allocated
• Ensure the bank, suppliers and debtors accounts are reconciled monthly.

5. Cash flow

• Manage banking arrangements under the direction of the team leader;
• Maintain a daily cash flow schedule and produce regular cash flow reports;
• Ensuring the Company has sufficient liquidity to meet its obligations as they fall due.

6.  Taxation

• Prepare and submit monthly and quarterly VAT returns;
• Ensure that tax compliance is up to date and renewed in a timely manner
• Ensure that all taxes are submitted in a monthly as they fall due and that the supporting documents are well maintained in record
• Ensure that withholding tax certificates are issued to consultants and remitted to the authorities

7. Petty Cash Management

• Ensure that the petty cash float is used for designated uses only
• Ensure reports are reconciled on a weekly basis before the petty cash float is reimbursed

QUALIFICATIONS

• Bachelor's Degree in Commerce, Business Administration or equivalent.
• CPA K graduate
• Competent financial modeling skills in Excel.
• Strong analytical skills. 
• Experience is Inventory Management highly desirable.
• Competent accounting and control skills related to project entities 
• Experience of financial responsibility for a budget.
• Be aware of special tax laws and regulations that affect their industry.