Job Title: Accountant
Hiring Organization: PowerGen Renewable Energy
Location – Locality: Nairobi
Location – Region: Kenya
Industry: Energy
Job Type: Full Time
Salary: KES
Date Posted: 05/27/2024
Company
Description
PowerGen
Renewable Energy is a micro-grid developer, implementer, and operator in East
and West Africa, reshaping the prevailing rural electrification model in the
region. PowerGen is creating an African energy system that utilizes clean,
renewable energy and smarter grids to deliver power to all.
Job
Description
Accounting, Reporting & Auditing:
Maintain
the monthly cash flow forecast file for the company to ensure that cash is
available for operations for at least 12 months
Ensure
that strong internal controls exist and are followed over the company’s cash,
inventory and fixed assets. Internal controls include but are not limited to
preparing reconciliations between the amounts held on mobile money vs amounts
on the general ledger, preparing and reviewing with the financial controller
monthly balance sheet account reconciliations, verifying the reconciliation
between physical Inventory and ERP inventory values and ensuring the Fixed
asset register is accurate
Ensure to
obtain a finance scorecard score of at least 90% each month
Post all
Kenya, DRC and Germany transactions in the ERP by the 5th of every month
recommending further courses of action
Recognition
of revenue generated from electricity sales and other sources in accordance
with IFRS
Every
month report on the Kenya electricity revenue assurance performance of the
Kenya business i.e comparison between electricity paid for versus electricity
delivered, circulate the report to the CFO, COO, Chief of utility operations
and Financial Controller/Head of Finance by the 10th of every month
Maintaining
fixed assets register ensuring that assets are properly recognized and
depreciation calculated appropriately
Ensure
intercompany accounts between Kenya and the other entities reconcile monthly
Manage
the Kenya Audit and ensure we obtain an unqualified opinion by the agreed due
dates
Implement
the Management letter recommendations as advised by the External Auditors
Tax &
Regulatory Compliance
Prepare
and verify that tax filings VAT, withholding taxes, withholding VAT
calculations, corporate income tax are accurate and are filed before the
statutory due dates
Ensure
100% tax compliance with the relevant regulators and become an expert in local
tax law to ensure optimal planning
Serve as
lead liaison with KRA
Ensure
Kenya business is compliant with regulatory filings such as the corporate
annual return and ensure all investments through share capital are properly
registered at the registrar of companies
Analysis
and Process Improvement
Identify
opportunities for continuous improvement in areas of responsibility
Collaborate
on working groups and committees as requested
Conduct
reviews and evaluation for cost-reduction opportunities
Payables
Management
Process
Kenya payments and work with the finance and supply chain teams to improve
controls around the procure-to-pay process
Receivables
Management
Raise
customer invoices as per the contractual terms
Liaise
with the various team leads/project managers to ensure customers make timely
payments.
Qualifications
You
Already Have:
A CPA or
ACCA or other recognised accounting qualification in addition to a Commercial
degree
5 plus
years of relevant professional experience in an accountant
A record
of previous relevant accomplishments in previous roles
