Chief Accountant at Subaru Kenya

Job Purpose

• This position is responsible for overseeing financial operations-applying accounting principles and procedures to analyze financial information, prepare accurate and timely financial reports and statements and ensure appropriate accounting control procedures.

Key Responsibilities

Financial Reporting and Analysis

• Financial analysis –and reporting weekly
• Group reporting, compliance and consolidation
• Ensure financial records are maintained in compliance with accepted policies and procedures
• Compile and analyze financial information to prepare financial statements including monthly and annual accounts
• Ensure all financial reporting deadlines are met
• Prepare financial management reports, budgets, forecasts for approval by the Finance Manager
• Manage taxation issues

Financial Planning

• Group debtor management
• Continuous management and support of budget and forecast activities
• Analyze and advise on business operations including revenue and expenditure trends, financial commitments and future revenues
• Analyze financial information to recommend or develop efficient use of resources and procedures, provide strategic recommendations and maintain solutions to business and financial problem

Reconciliations

• Bank reconciliation
• Branch reconciliation – daily sales and cash
• Reconciliation of customers and suppliers accounts
• Intercompany reconciliations
• Prepare VAT schedules and file returns

Internal controls

• Monitor cash flows. Liquidity and financial performance metrics to identify risks and areas of improvement
• Credit control review
• Ensure proper cash and cheque management
• Audit preparation and schedules
• Ensure accurate and timely monthly, quarterly and year end close
• Ensure accurate and timely monthly, quarterly and year end close
• Establish and monitor the implementation and maintenance of accounting control procedures
• Prevent accounting discrepancies and irregularities
• Develop and maintain financial data bases
• Ensure accurate and appropriate recording and analysis of revenues and expenses
• Financial audit preparation and coordinate the audit process
• Credit notes approval
• Working closely with business leaders and align business operations to finance

People Management

• Monitor, coach and develop all finance employees
• Deputize Finance Manager
• Supervision all accounts employees
• Work closely with HR department in resourcing of finance employees when it falls open

 Key Performance Indicators

• Timely and accurate reporting – daily/weekly/monthly
• Financial analysis
• Cashflow management
• Compliance to statutory returns and taxation -VAT and payroll by products
• Compliance to internal controls- SOPs
• Good leadership / People Skills

Education, skills and experience

• Bachelor’s degree in accounting, finance or related certification.
• CPA (K) / ACCA qualifications
• Minimum of 7 years’ work experience in a similar position and in busy finance department
• Good knowledge of statutory requirements and Kenyan law on taxes
• Strong understanding of accounting principles, standards and regulations like GAAP & IFRS
• Good knowledge of accounting practices including IFRS and international auditing standards
• Attention to detail. Achieve thoroughness and accuracy when accomplishing a task
• Good understanding of ERP systems preferably incadea.
• Good standing with relevant professional bodies (ICPAK)

Competencies

• Customer oriented
• Problem-Solver and analytical skills
• Good communication skills
• Leadership skills
• Attention to detail
• VAT returns knowledge
• Cashbook and Bank Reconciliation