FEP Divisional Accountant Job in Kenya

FEP Divisional Accountant Job in Kenya
March 13, 2015 Job Description
Job Title: Divisional Accountant
Reports To: Commercial ManagerMain Responsibilities
Preparing financial management reports for the Directors and drawing their attention to matters affecting or likely to affect adversely the various areas of the business. (Monthly, Quarterly and annually).
Establish, review and implement existing financial management policies and procedures and ensure full implementation.
Direct and ensure accuracy and maintenance of general and subsidiary ledgers, accounts receivable, revenue distribution, receipts and expenditures, depreciation, cost, property, and operating expenses.
Ensure adherence to effective and efficient credit management system and timely preparation and management of (daily, weekly, monthly and annual) Cash flows.
Ensure timely preparation of draft accounts and Liaise with the external auditors and that annual audit working papers are readily available.
Maintain and establish comprehensive internal controls to ensure best practice and compliance with GAAP and applicable laws and rules for financial and tax reporting.
Review monthly reconciliation and ensure the relevant adjustment journals are raised i.e.
Bank reconciliations
Trade creditors, debtors, stocks, VAT control, and other significant reconciliations.
Ensure all statutory compliance with the relevant authorities such as NSSF, NHIF, PAYE, VAT, instalment & Corporation Taxes and the management of other financial commitments.
Ensure effective controls on project funding by reviewing projects budgets, accounting for disbursements, and overall project cost management
Ensure stock take exercises are carried out as scheduled and preparation of accurate stock’s valuation reports.
Prepare annual budgets and ensure budgetary monitoring and control.
Ensure Maintenance and custody of the Company asset registers and that all assets of the company are insured. Liaise with other line managers to ensure all insurance requirements are met.
Follow up all company insurance claims on accidents, loss or damages with the insurers.
Liaise with the bankers and ensure all bank facilities are promptly serviced
Key Result Areas
Effective management of finances, cash flow management, credit management procurement processes, ledger accounts
Staff performance appraisals, goal and target setting
Timely and accurate reports.
Accuracy and timely preparation of Budgets and effective budgetary controls
Implementation and review of internal controls mechanisms to ensure best practice (cost, inventories, assets)
Adherence to all statutory compliance and reporting requirements.
Professional relationship with internal and external stakeholders including auditors, KRA, bankers, employees, customers, suppliers and other stakeholders.
Effective management of loans and other liabilities
Academic Qualifications
Degree in Business or related field from a recognized institution
CPA
Job / Functional Skills
Analytical skills
Problem solving skills
Computer skills
Competencies (Behaviours)
Innovation
Keen to details
Integrity
Teamwork
Operational excellence & Cost consciousness
Professionalism and ethics
Relevant Experience
Minimum of 5 years relevant experience.
How to Apply
Interested candidates may apply by: Submitting their CV’s, cover letter and indicate the current & expected salaries to recruitment@fep-group.com.
Submission should be received before or by 20th March 2015.Only shortlisted candidates will be contacted.
No phone calls please.