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Accountant Job in Kenya - Project / SPV

Vacancy: Project / SPV Accountant
Our client is a leading real estate development partner offering solutions that range from project management to co-development and property trading in the Kenyan real estate sector. 

They have a wide portfolio of blue chip clientele and partners having achieved unmatched recognition in the industry and effectively built its brand as a reliable delivery partner.
They have has responded to the socio-economic needs of the growing population through the development of innovative developments that positively transform neighbourhoods and communities throughout the region. 

Are you a young seasoned Accountant who is confident, ambitious, resourceful and imaginative with the desire to challenge yourself? 

Are you interested in being part of a team focused towards transforming the real estate market in Kenya and beyond the East African region? 

If so, then this is the job you are looking for.
Our client would like to fill the position of a Project / SPV Accountant who will be reporting to the Chief Accountant.

Job Purpose / Summary:
 The position is responsible for developing project budgets for SPVs and joint ventures and monitoring actual expenditure against the budgets. 

It is also responsible for highlighting areas where actual expenditure exceed the budgeted amounts. 

The position should ensure that the budgetary systems, processes and procedures are working as per the agreed targets.

Duties and Responsibilities
Finance and Budgeting
  • Develop budgets and operating cashflows for projects and SPVs, ensuring that all budgeting assumptions are incorporated.
  • Working closely with the Project Finance division to ensure alignment and synchrony between project and SPV budgets maintained Finance and Project Finance.
  • Reconciling final project/SPV budgets to the budget work sheets and loading of the same to the Accounting software
  • Custodian of the final approved project /SPV budgets, and ensuring that all payments made in the project/SPV are provided for in the budget
  • Processing of project/SPV payments once they have been approved through the Project Finance division.
  • Seeking prior approval of payments that are not provided for in the project/SPV budget.
  • Ensuring that Financial information maintained in the Accounting software for project/SPVs is accurate and reliable
  • Periodically preparing a report that compares actual to budgeted amounts per budget line for ongoing projects/SPVs
  • Preparing an updated schedule of planned payments for projects/SPVs to ensure timely settlement of project/SPV payments as and when they fall due
General Finance
  • Account reconciliation
  • Conducting weekly banking operations, delivering and picking documents the banks
  • Providing records and explanations to queries raised by external and internal auditors
  • Performing any other duties assigned
Minimum Requirements
  • A Bachelor’s degree in Accounting or Finance.
  • CPA (K)/ACCA certification.
  • 3 years working experience in a similar role with a strong element of project financing.
  • Knowledge in budget preparation, project/cost accounting and taxation.
  • Strong Microsoft Office skills in Excel and Modelling are desirable.
  • Practical experience using generic Accounting software such as QuickBooks.
  • Prior experience within the real estate sector will be an added advantage.
  • Strong verbal, written, presentation and effective listening skills.
  • Keen eye for detail and accuracy.
  • Ability to work well with others under deadline situations and respond to changes in priorities.
  • Ability to work independently, take initiative, set priorities and see projects through to completion.
  • Good with number, data and figures.
  • Strong analytical and interpretation skills.
  • Problem solving for solution development.
  • Outcome/delivery focused with strong planning skills.
Salary: Attractive salary package

How to Apply:

If you are interested in the position and have the skills and talents our client is looking for, we would like to hear from you.

Please make your application through our website vacancy page before close of business 8th December 2015.

Only successful candidates will be contacted.

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