Principal/Senior Accountant- Credit Control at New Kenya Co-operative Creameries Limited

Ref -NKCC/HR.1159 /CO/18/05/2022

Job purpose

To ensure timely collection of debts from credit customers as per the credit policy and ensure proper posting into the SAP system.

Duties and Responsibilities

• Manage debt collection and monitoring credit limits
• Ensure timely collection of all revenues including but not limited to Sales revenue and rent
• Review expenditure returns from departments, prepare variance analysis and interpret financial policies for sound financial principles, practices procedures for effective internal control
• Prepare and update debtors and general ledgers daily
• Assist other departmental and sectional managers in the management of their budgets through regular provision of reliable up to date financial information
• Review the coding of ledger and store items in the system to ensure that is accurate and sufficient
• Prepare Bank Reconciliation statements for every customer daily
• Verification of payment cheques, Mobile Money, EFTs and bank transfers.
• Ensure all customer accounts are updated and reconciled to the letter
• Prepare debt ageing reports for decision making and advise management on way forward
• Review vote book entries and undertake monthly variance analysis.

Qualifications and personal specifications

• Master’s degree in business (Finance/Accounting) or any other relevant qualifications;
• Bachelor’s degree in Business (Finance/Accounting) or Equivalent qualifications;
• CPA(K) & Certificate in Credit Management
• Membership in good standing of the Institute of Certified Public Accountants of Kenya (ICPAK).
• Member in good standing of the Institute of Certified Credit professionals.
• A minimum period of eight (8) years in relevant work experience and at least three (3) years in supervisory role in a position in the Public Service or Private Sector
• Proficiency in computer applications (SAP is an added advantage)