Accountant – Taxation and Costing at Mission for Essential Drugs and Supplies (MEDS)

The position will report to the Chief Accountant and will be responsible for accurate Organisational tax accounting, costing of products and services, management and compliance with KRA regulations, and Management of Organisation payroll

Key responsibilities:

• Develop and continually review Organisational VAT and Income tax accounting process in line with Tax Regulations that affect Organisation
• Maintain accurate tax sub-ledgers, including VAT, P.A.Y.E, withholding tax with the general ledger and to process tax declarations in KRA i-Tax System, ensuring payments are in compliance with existing KRA regulations.
• File Monthly and Annual Tax returns in line with Tax Regulations that affect the Organisation
• Maintenance of Organisational Payrolls in consultation with Human Resources and Administration Manager while ensuring compliance with Tax and other statutory regulations, including Salary and P.A.Y.E payment timelines
• Conduct import costings while ensuring compliance with tax regulations and accurately stating the final products
• Maintenance of Organisation Sales Catalogue in consultation with the Business Development and Marketing Manager for efficient margin recovery and accurate presentation of revenue data in i-Tax.
• Review services and products costing templates by ensuring services offered are accurately presented and in compliance with Tax Regulations
• Build relationships with KRA Relationship Management, external advisors, and auditors, including ability to handle  tax disputes  
• Provide monthly reconciliation schedules including Payroll schedules to the General Ledger and IT2c, VAT3 to the i-Tax Ledger, Organisational Revenues to VAT3, and Purchase Ledger to VAT3 returns in i-Tax. To provide corresponding audit lea-schedules to both the internal and external financial audit process.
• Advise management on taxation law changes and the impact of the same to the business including continual appraisal of the Organizational system and compliance with enacted taxation laws and regulations,  advice and training for the adoption and implementation of the laws.
• Identify and implement tax-saving strategies that comply with applicable tax laws.
• Implement internal and external financial audit resolutions on taxes and project reports, and related matters

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 a tax accounting environment
• Technical Competencies; Knowledge of Generally Accepted Accounting Principles (GAAP); International Financial Reporting Standards; Generally Accepted Government Audit Standards; Kenyan taxation laws and Labour laws
• Functional skills: Communication, self-driven, problem-solving, analytical, high level of integrity, keen to details and interpersonal skills