Position: Accountant
Location: Nairobi
REPORTING MECHANISM: The Accountant will enter into a
contract with the KMRC PLC and report to the Head of the Department.
DURATION OF CONTRACT: The contract will be for a period of
twelve (12) months with a possibility of renewal, based on performance.
Job Description
This position is responsible for ensuring effective and efficient
preparation and maintenance of financial reports, accuracy of financial
documents as well as compliance with relevant standards, laws and regulations.
Responsibilities
The Accountant is expected to meet the above objective which will
entail, without limitation, performing the following tasks:-
- Prepare and maintain the company’s books of
accounts to facilitate production of timely and accurate financial statements
and reports for management decision making as well as for external
reporting in accordance with applicable financial reporting framework and
in line with the requirements of the Public Finance Management Act 2012,
regulatory requirements and the National Treasury guidelines issued from
time to time;
- Ensure integrity of financial transactions and
compliance with all relevant policies, guidelines and procedures for all
financial reporting;
- Ensure that reports to the regulators, the
National Treasury and other partners are submitted within the stipulated
timelines;
- Ensure compliance with financial regulations,
policies, strategies and plans;
- Review all information collected for the
preparation of the general ledger on a regular basis to ensure its accuracy
and completeness;
- Prepare monthly, quarterly and annual financial
progress reports for the department and forward for approval, to ensure
informed decisions are made within the Company in a timely manner;
- Reconciliation of account payables and receivables
on a timely basis;
- Ensure that all transactions comply with
accounting standards and regulatory requirements;
- Ensure financial issues and enquiries are
addressed from internal and external customers to ensure satisfactory
services;
- Ensure internal checks are carried out to
guarantee effective and efficient accounting practices;
- Coordinate revenue collection and analyse
expenditures of approved budgets to ensure the prudent use of available
funds of the Company;
- Ensure application of sound principles, systems
and techniques in accounting for effective and efficient use of finances
and assets;
- Participate in preparation of reports regarding
internal and external audits to ensure accurate information on annual
statements is correctly projected;
- Validation and verification of payments for
accuracy and accountability;
- Reconcile bank and trial balance accounts on a
timely basis;
- Review controls around finance processes to ensure
adequate controls are in place;
- Assist in the preparation of annual budgets; and
- Undertake such other financial management
responsibilities as may be required from time to time
DELIVERABLES
The position holder is expected to perform the above-mentioned
tasks on an ongoing basis during the term of the assignment, to the
satisfaction of the head of department, within the guidelines set out herein
and based on best industry practices. Quarterly key performance indicators will
be set for the above-named officer by the Head of department against which
performance will be measured during the course of the assignment.
An Accountant’s Curriculum Vitae (CV) will be evaluated taking
into account the following criteria:
- Academic and professional qualifications;
- Knowledge of Public Financial Management Act,
IFMIS and payment processes, IPSAS-International Public Sector Accounting
Standards, International Accounting Standard and IFRS-International
Financial Reporting Standards;
- Good communication skills;
- Knowledge in conflict management and
problem-solving skills; and
- Organizational and sound interpersonal skills and
can work under pressure.
Qualifications
- Bachelor’s Degree in Commerce (Accounting or
Finance Option), Economics, Administration and Business Management or its
equivalent qualification from a recognized institution;
- Knowledge of accounting principles and practices
and the financial markets would be required.
- A minimum of three (3) years demonstrated
professional experience in providing accountancy in a financial service
sector;
- Fluency in spoken and written English is
essential.
How to apply
