Chief Accountant at Konvergenz Network Solutions

About the job

• Handle the full spectrum of financial and cost accounting roles e.g. producing forecasts, budgets, and reports
• Responsible for day-to-day finance and accounts operations
• Ensure that all accounting records are maintained i.e. ledgers and subsidiary books of accounts.
• Prepare and present accurate management accounts (balance sheet, profit and loss statement cash flow reports, and other reports) for the Chairman and the Group Companies on a monthly basis to ensure informed decisions are made.
• Lead in identifying, developing, and implementing effective internal control mechanisms and drive consistent improvements in financial processes and routines.
• Supervise the accounts team personnel to ensure timely service delivery to the Group Companies.
• Prepare a weekly and monthly cash flow report to identify payments made and due to Suppliers and follow up on receipts expected from Debtors and any pending payments.
• Availing the required information for monthly VAT returns, supply and sales invoices to external accountants for submission of VAT returns
• Carrying out monthly bank reconciliations for the Chairman and the Group Companies
• Managing cash flow and bank balances
• Ensure that all transactions are as per accounting standards and systems for compliance.
• Ensure financial issues and inquiries are addressed from internal and external customers to ensure satisfactory services.
• Ensure internal checks are carried out to ensure effective and efficient accounting practices.
• Coordinate revenue collection and expenditures of approved budgets to ensure the prudent use of available funds.
• Ensure the application of sound principles, systems, and techniques in accounting for effective and efficient use of finances and assets.
• The continuous audit of all accounts, records, and transactions.
• Maintaining & updating fixed asset records
• Processing the monthly payroll in compliance with KRA requirements
• Invoicing tenants on a monthly basis for the Group Companies
• Monthly supplier payment processing both for the Chairman and the Group Companies
• Ensure the audit file is updated monthly
• Check all petty cash and cheque payments allocation and ensure they are properly allocated.
• Ensure taxes are properly calculated, accrued, and paid within the stipulated government deadlines, especially VAT, Withholding VAT, Withholding Tax, PAYE, NHIF, NSSF
• Perform project cost forecasts/budgets, cost tracking, monitoring, and controls
• Implement the recommendations by both the internal and external audits of the follow-ups and corrections of the weak points raised.