Position: Management Accountant
Reporting: Head of
Finance
Job Description
In charge of a Business
unit ensuring all postings are done correctly, in full and on a timely basis.
As well as be aware of all financial transactions in relation to the business
unit. Also to ensure that the business unit is tax compliant.
Qualifications
- CPA or ACCA, an MBA in Finance or Business
Administration would be preferred.
- 5 years of overall experience in accounting with
last 3 years or more as a team leader of more than 10 employees.
- Preferably in transport and logistics industry.
Should have worked on SAP or any ERP.
- Should understand company laws, taxation
rules of EA Region , all Statutory requirements-NSSF,NHIF, VAT,WHT, PAYE,
Training levy
- Able to review data and report on the same.
- Preparation of budgets
- Aiding in strategic planning
- Manage relationship with Auditors
- Analyze and understand data entry and
reconcile control accounts.
- Understanding Cost Control
- Computations and reference of Quick Ratio, Gross
profit, Net Profit, EBITDA,
- Strong understanding of regional tax regulations
and statutory matters
- Understand numbers and analyze them
- Proficient with MS Office- Word and excel tools
- Updated with latest ERP
- Ability to create and enhance systems / processes
- Punctual, diligent and meticulous with close
attention to detail
- Negotiation and PR
- People Management
- Planning & Execution
- Delegation & Control
- Honesty and discretion
- Strong understanding of regional tax regulations
and audit matters
Duties and
responsibilities
1) Verify and understand
debit & credit entries posted by the accounts clerks.
2) Reconcile &
ensure that banking for each branch in their unit has been done on a daily
basis.
3) Reconcile daily sales
of each branch with TMS report.
4) Check that invoices
raised to corporate clients from the courier system have been posted accurately
in the accounting package.
5) Ensure that the daily
branch expenses incurred are as per the control sheet.
6) Ensure the bank
reconciliations are finalized by 5th of the following month.
7) Monitor all Balance
Sheet reconciliations, ensuring completion and adequate record keeping by all
key members reporting to the Management accountant.
8) Ensure all
intercompany accounts are balanced monthly and signed off.
9) Ensure all debit
/credit postings to the nominal ledgers are accurate.
10) Generate cost
reports each month analyzing the profitability of the business unit.
11) Prepare the file for
annual statutory audit.
12) Generate monthly
management accounts for submission to business unit head & MD by 15th of
every month.
13) Check the dispatch
schedule for trucks with invoices generated.
14) Being self-updated
with the happenings of the business unit on all financial aspects.
15) Ensure that all
calculations and assumptions are linked to supporting workings and appropriate
sources of information.
16) Maintain and enforce
credit control across debtors and creditor balances.
Vii
Typical Tasks
(indicative but not exhaustive)
1) Give information to
Business unit heads as per request.
2) Liaise with the
Auditors and ensure all documents are presented as required.
3) Check sales submitted
on the VAT return with TMS report.
4) Confirm that accounts
clerks have posted previous day sales, expenses & banking.
5) Report any
discrepancies to Head of Finance
6) Alert Business Unit
heads /HR of any delayed banking
7) Daily banking reconciliations
8) Generate the staff
advance report by 21st of each month to be handed over to HR for payroll
processing
VIII
Typical Goals (Write
SMART Goals, TOP 5)
1)To submit required
reports on specified timelines ( as per specific goal sheet )
2) To ensure all Bank
accounts are reconciled within 5 days after month end.
3) Ensure the Audit is
finalized within 3 months of the fiscal year end.
4) Ensure compliance for
all statutory requirements in our countries of operation.
5) 100% accuracy on all debit / credit postings in the ledgers
How to apply
If you meet the above
requirements, send the application to jobs@modern.co.ke by 31st January 2021 at 5:00
pm