Accountant Job in Kenya

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.


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

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