Title: Chief Accountant – Real Estate & Hospitality,
Industry: Real Estate & Hospitality,
Location: Nairobi,
Salary: 200-250K,
Our Client is a
well-established company in the Real Estate & Hospitality business in
Nairobi. They seek to hire an experienced and competent Chief Accountant
responsible for all areas relating to financial reporting, managing accounting,
and budgets and forecast.
Responsibilities
- Handle
the full spectrum of financial and cost accounting roles e.g. producing
forecasts, budgets, and reports
- Responsible
for day-to-day finance and accounts operations
- Ensure
that all accounting records are maintained i.e. ledgers and subsidiary
books of accounts.
- Prepare
and present accurate management accounts (balance sheet, profit and loss
statement cash flow reports, and other reports) for the Chairman and the
Group Companies on a monthly basis to ensure informed decisions are made.
- Lead
in identifying, developing, and implementing effective internal control
mechanisms and drive consistent improvements in financial processes and
routines.
- Supervise
the accounts team personnel to ensure timely service delivery to the Group
Companies.
- Prepare
a weekly and monthly cash flow report to identify payments made and due to
Suppliers and follow up on receipts expected from Debtors and any pending
payments.
- Availing
the required information for monthly VAT returns, supply and sales invoices
to external accountants for submission of VAT returns
- Carrying
out monthly bank reconciliations for the Chairman and the Group Companies
- Managing
cash flow and bank balances
- Ensure
that all transactions are as per accounting standards and systems for compliance.
- Ensure
financial issues and inquiries are addressed from internal and external
customers to ensure satisfactory services.
- Ensure
internal checks are carried out to ensure effective and efficient
accounting practices.
- Coordinate
revenue collection and expenditures of approved budgets to ensure the
prudent use of available funds.
- Ensure
the application of sound principles, systems, and techniques in accounting
for effective and efficient use of finances and assets.
- The
continuous audit of all accounts, records, and transactions.
- Maintaining
& updating fixed asset records
- Processing
the monthly payroll in compliance with KRA requirements
- Invoicing
tenants on a monthly basis for the Group Companies
- Monthly
supplier payment processing both for the Chairman and the Group Companies
- Ensure
the audit file is updated monthly
- Check
all petty cash and cheque payments allocation and ensure they are properly
allocated.
- Ensure
taxes are properly calculated, accrued, and paid within the stipulated
government deadlines, especially VAT, Withholding VAT, Withholding Tax,
PAYE, NHIF, NSSF
- Perform
project cost forecasts/budgets, cost tracking, monitoring, and controls
- Implement
the recommendations by both the internal and external audits of the
follow-ups and corrections of the weak points raised.
Qualifications
- Bachelor
of Commerce Degree (Finance, Accounting, Economics, or any other relevant
qualification)
- Minimum of 7 years’ work
experience in the accountancy field preferably Real Estate.
- Must be a Certified Public
Accountant (CPAK) and Registered with the Institute of Chartered Public
Accountants of Kenya (ICPAK).
- Excellent
Communication skills
- Must
have good knowledge of accounting packages
- Very
good knowledge of MS Office applications and especially Excel.
- Excellent
understanding of accounting and reporting standards and procedures
- Experience
in researching as it relates to accounting issues
- Awareness of business trends
- Experience with creating financial statements
- Experience with general ledger functions and the
month-end/year-end close process
How to Apply
If you are up to the challenge, possess the necessary
qualification and experience; please send your CV only quoting the job title on
the email subject (Chief Accountant-
Real Estate & Hospitality) to jobs@corporatestaffing.co.ke before 1st November 2022.
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