Principal/Senior Accountant- Depot/Factory Accountant at New Kenya Co-operative Creameries Limited

Ref - NKCC/HR.1158/A/18/05/2022

Job purpose

To ensure timely processing of payments to suppliers, staff, and locations as well as administration of petty cash and treasury management. The position also ensures proper accounting of all stocks, inventory and fixed assets and monthly production for all categories
of products

Duties and Responsibilities

• Oversee bank and cash reconciliation in their business units
• Prepare summary production reports on a daily and monthly basis
• Management of location stocks and staff in the section
• Oversee the management of all revenues including sales and rent
• Maintain the fixed assets register
• Review and ensure timely and accurate preparation of management accounting reports on monthly, quarterly, and annual basis
• Provide technical support to locational units during the budget making process
• Interpret financial policies for sound financial principles, practices procedures for effective internal control
• Assist other departmental and sectional managers in the management of their budgets through regular provision of reliable up to date financial information.
• Carry out financial planning and consolidate department work plans
• Participate in Resource Mobilization initiatives of the Company.
• Verification of payment cheques, EFTs, and bank transfers.
• Review the coding of ledger and store items in the system to ensure that is accurate
• Verifying posting of payments and receipts in the cashbook for accuracy.
• Providing safe custody of payment vouchers and approved journal.

Qualification & personal specifications

• Bachelor’s degree in finance/Accounting or Equivalent qualifications.
• Master’s degree in business administration (Finance/Accounting) or any other relevant qualifications will be an added advantage.
• Certified Public Accountant (CPA/ACCA)
• Membership in good standing of the Institute of Certified Public Accountants of Kenya (ICPAK).
• A minimum period of eight (8) years in relevant work experience and at least four (4) years in supervisory role.
• Proficiency in computer applications; SAP an added advantage