Chief Accountant at ACCA

Key Responsibilities
Financial Reporting:

• Prepare accurate monthly management and quarterly board accounts.
• Reconcile control accounts, ensuring Trial Balance accuracy.
• Provide timely cash flow positions for decision-making.
• Review and update foreign exchange rates monthly.

Data Analysis

• Perform timely GP, KPI, working capital, expense, and finance cost analysis.
• Share insights with respective HODs.

Team Leadership

• Allocate resources effectively, leading and motivating the finance team.
• Develop team members, ensuring internal KPIs are met.

Finance Controls

• Design and oversee controls, payment cycle, inventory, and accounts receivables.

Budgeting And Variance Analysis

• Prepare annual budgets aligned with company strategy.
• Enforce controls and submit quarterly variance reports to HODs.

Regulatory Compliance

• Ensure full adherence to statutory and company regulations.
• Liaise with auditors and regulatory bodies, implementing necessary findings.
• Monitor and ensure accuracy of VAT, Income Tax, PAYE, NHIF, NSSF, and other taxes.
• Stay updated on regulation changes, advising the board and management team.

Fixed Asset Management

• Maintain an accurate asset register, including depreciation calculations.
• Oversee fixed asset disposal.

Cash Flow Management

• Ensure accurate and timely reporting of cash flow positions.
• Prepare monthly projections and analyze variances against actual.

Budget Forecasting

• Develop and monitor the annual budget.
• Conduct quarterly analysis, providing feedback to HODs.
• Enforce budget controls.

Qualifications And Experience

• Bachelor's degree in Accounting, Finance, or a related field.
• Professional accounting qualification (e.g., CPA, ACCA).
• Minimum of 8 of relevant experience in a senior accounting role.
• In-depth knowledge of Kenyan accounting standards (IFRS) and tax regulations.
• Proficient in the use of accounting software and MS Office Suite.