Job Title: Assistant Accountant - GL
Hiring Organization: Techno
Brain
Location – Locality: Nairobi
Location – Region: Kenya
Industry: IT
Job Type: Full
Time
Salary: KES
Date Posted: 05/15/2024
The
Assistant Accountant- GL & Fixed Assets is responsible for maintaining
accurate records of assets, recording asset additions and disposals,
calculating resulting gains and losses; tracking asset movements, preparing
month-end journal entries arising from fixed asset activities and computing
depreciation.
Key Responsibilities:
General
Ledger:
- Review
all expense general ledger accounts and passing the appropriate journal
entries to ensure that capital items are not expensed.
- Prepare
and upload all general ledger (GL) journals for all transactions going
through the GL in the month.
- Prepare
and maintain up to date prepayments and accrual schedules and ensure that
they give a true reflection of the general ledger.
- Prepare
timely monthly reconciliations of balance sheet accounts for prepayments,
accruals and selected inventory accounts on a monthly basis and as may be
required.
- Entering
financial data such as accruals, deferrals, reclassification, and
interdepartmental entries into the ledger on a monthly basis, as well as
preparing reports
- Reviewing
and performing account analysis to ensure that journal entries and
balances are correct.
- Performing
and reviewing ledger sub ledger reconciliations for all balance sheet
items.
- Generating
fixed asset register and fixed asset movement schedule which ties to the
General Ledger.
- Assisting
in instituting financial controls (including end of day, end of month
procedures) that are aimed to ensure integrity of financial data capture
and aide in the process for regular reconciliations.
- Reviewing
supporting documentation for accounting transactions.
- Keeping
abreast of regulatory requirements and best practices in accounting.
- Preparing
management accounts including balance sheet and profit and loss statement
and budget analysis.
Fixed
Assets:
- Record
fixed assets by creating and supervising a system of procedures, forms,
and controls.
- Effective
maintenance of the company’s fixed assets and depreciation schedules.
- Allocate
tag numbers to fixed assets to effectively track them from time to time.
- Record
in the accounting system newly acquired fixed assets.
- Coordinate
disposal of obsolete fixed assets in conjunction with the procurement team
and passing the requisite journals to record the disposals in the system.
- Track,
compile, and record project costs in fixed asset accounts; close out the
accounts at the completion of the projects.
- Perform
reconciliation of fixed asset ledger balance with the general ledger.
Perform
depreciation calculation for all fixed assets.
- Perform
revision and update on the detailed schedule of accumulated depreciation
and fixed assets.
- Track
assets movements by ensuring all transfers are initiated and completed
online to have an accurate asset register.
- Coordinate
physical verification of fixed assets as per policy and reconcile to the
asset register.
Provide
Fixed Assets management reports.
- Create
fixed asset related audit schedules and collaborate with auditors on their
assignments.
- Ensure
that all assets are insured by preparing a schedule of fixed assets for
insurance, renewal every financial year and subsequently send any new
asset acquisition to the insurer for addition to insurance schedule.
- Coordinate
insurance claims for lost or damaged assets as per insurance policy.
- Prepare
schedules required for tax computation purposes as and when required to
ensure that proper and maximum possible capital allowances are claimed
periodically.
- Justify
any adjustments to fixed assets with proper analysis of the impact it has
on depreciation.
People
Management & Leadership
- Strive
for personal development by engaging in learning and seeking coaching and
feedback on a regular basis.
- Contribute
to team efforts by demonstrating responsibility, respect and
accountability.
- Develop
good relationships with team members, supervisors and managers while
contributing time, energy and ideas to team efforts and meetings..
Client
Engagement and Management:
- Develop,
manage and maintain strong mutually beneficial relationships with external
stakeholders e.g., auditors, banks, auditors, tax authorities etc.
Qualifications
- Bachelor’s
degree in accounting, Finance, or business-related field.
- Certified
Public Accountant (CPA) or Chartered Accountant (CA) certification.
- At
least 2 years of progressive accounting experience with at least 1 year on
AP/AR management
- Experience
in the Oil and Gas industry is preferred but not required.
- Strong
computer skills, including proficiency in Microsoft Excel and accounting
software and experience using financial systems e.g., ERP systems.
- Knowledge
of GAAP, IFRS, and other relevant accounting standards.
- Strong
financial, risk, client, people-management and leadership skills.
- Strong
attention to detail, analytical, communication, interpersonal, and
organizational skills.
- Governance
and Operational Risk Management
- Accountability
for role specific duties and responsibilities as defined in various
Company Guidelines and Policies:
- Standard
Operating Procedures (SOPs)
- Accountabilities
and Delegated Authorities Matrix
- Business
Requirement Document (BRD)
- Performance
Management Policy
- Risk
Management Policies and Procedures
- HR
Policies and procedures Code of Conduct and Ethical Practice.
How To
Apply
Please
email your CV to recruitment@technobrainbpo.com
indicating the position applied for. Only shortlisted
candidates will be contacted.