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  • Posted: Oct 6, 2021
    Deadline: Oct 8, 2021
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    Simba Corporation is an integrated business group headquartered in Nairobi, Kenya with controlling interests in such diversified fields as motor sales and service, hospitality, investment and financial services. Simba Corporation has grown from a modest used-car sales enterprise, founded in 1948 by Mr. Abdul Karim Popat, into one of Kenya's most successful i...
    Read more about this company

     

    Financial Accountant

    Job description

    1. Contact person for the external audit. Ensure that the required audit schedules are done in time and in the prescribed format to deliver an effective and efficient audit.
    2. Custodian of the general ledger. Need to perform frequent reviews on the general ledger, interrogate the various entries in the GL and ensure they are investigated, and corrective actions taken.
    3. At all times to ensure detailed review of the various processes in the financial systems and ensure the output in the GL is accurate, together with the reports generated thereon.
    4. Coordinating closure of the various processes done at the period ends, for example depreciation, forex run, Accruals, prepayments, etc.
    5. Ensuring that taxes such as corporate income tax, VAT, withholding tax are prepared and submitted in accordance with legislation and to laid down timelines.
    6. Reconciliation of the inter-companies within the Group and reconciliation of the inter departmental balances in Companies.
    7. Reconciliation of general ledger accounts with other existing third-party records.
    8. Monitoring compliance with generally accepted accounting principles and local & corporate policies, regulations, and tax laws.
    9. Custodian of company assets by maintaining a proper fixed asset register and movement schedule.
    10. Ensuring that inventory valuation has been performed on monthly basis.
    11. Liaison person with insurance company and ensuring that company’s assets are sufficiently insured.
    12. Preparation of the financial statements of the parent company, including consolidation workings.
    13. Preparation of the financial statements of the intermediary holding companies, including consolidation workings.
    14. Responsible for all the accounting activities of the parent company.
    15. Any other responsibility assigned by the supervisor.

    Skills requirements

    1. A bachelor’s degree in a business-related discipline
    2. CPA (K) / ACCA or equivalent professional qualification
    3. Strongly proficient in microsoft office: excel, word and power point and G-suite applications.
    4. Good understanding of the functionalities of a complex ERP system.
    5. Exemplary knowledge of International Financial Reporting Standard (IFRS)
    6. Experienced in preparing consolidated financial statements for a group with diversified subsidiaries.
    7. Good knowledge of tax laws, rules and regulations in Kenya.
    8. Strong statistical and analytical skills.
    9. Excellent communication skills, with good report writing and presentation skills.
    10. Five years’ experience in a busy financial reporting role.
    11. Led an audit done by one of the big four audit firms.
    12. Team player.
    13. Attentive to detail in execution of tasks.
    14. Ability to prioritize tasks and meet deadlines

     

    Method of Application

    Qualified candidates should submit their applications to vacancies@simbacolt.com by 08/10/2021.

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