Corporate Staffing Chief Accountant Job (200k – 250k)

Chief Accountant Job, Accounting Jobs In Kenya.

Title: Chief Accountant – Real Estate & Hospitality,

Industry: Real Estate & Hospitality,

Location: Nairobi,

Salary: 200-250K,

Our Client is a well-established company in the Real Estate & Hospitality business in Nairobi. They seek to hire an experienced and competent Chief Accountant responsible for all areas relating to financial reporting, managing accounting, and budgets and forecast.

Responsibilities

• Handle the full spectrum of financial and cost accounting roles e.g. producing forecasts, budgets, and reports
• Responsible for day-to-day finance and accounts operations
• Ensure that all accounting records are maintained i.e. ledgers and subsidiary books of accounts.
• Prepare and present accurate management accounts (balance sheet, profit and loss statement cash flow reports, and other reports) for the Chairman and the Group Companies on a monthly basis to ensure informed decisions are made.
• Lead in identifying, developing, and implementing effective internal control mechanisms and drive consistent improvements in financial processes and routines.
• Supervise the accounts team personnel to ensure timely service delivery to the Group Companies.
• Prepare a weekly and monthly cash flow report to identify payments made and due to Suppliers and follow up on receipts expected from Debtors and any pending payments.
• Availing the required information for monthly VAT returns, supply and sales invoices to external accountants for submission of VAT returns
• Carrying out monthly bank reconciliations for the Chairman and the Group Companies 
• Managing cash flow and bank balances
• Ensure that all transactions are as per accounting standards and systems for compliance.
• Ensure financial issues and inquiries are addressed from internal and external customers to ensure satisfactory services.
• Ensure internal checks are carried out to ensure effective and efficient accounting practices.
• Coordinate revenue collection and expenditures of approved budgets to ensure the prudent use of available funds.
• Ensure the application of sound principles, systems, and techniques in accounting for effective and efficient use of finances and assets.
• The continuous audit of all accounts, records, and transactions.
• Maintaining & updating fixed asset records
• Processing the monthly payroll in compliance with KRA requirements
• Invoicing tenants on a monthly basis for the Group Companies
• Monthly supplier payment processing both for the Chairman and the Group Companies
• Ensure the audit file is updated monthly
• Check all petty cash and cheque payments allocation and ensure they are properly allocated.
• Ensure taxes are properly calculated, accrued, and paid within the stipulated government deadlines, especially VAT, Withholding VAT, Withholding Tax, PAYE, NHIF, NSSF
• Perform project cost forecasts/budgets, cost tracking, monitoring, and controls
• Implement the recommendations by both the internal and external audits of the follow-ups and corrections of the weak points raised. 

Qualifications

• Bachelor of Commerce Degree (Finance, Accounting, Economics, or any other relevant qualification)
• Minimum of 7 years’ work experience in the accountancy field preferably Real Estate.
• Must be a Certified Public Accountant (CPAK) and Registered with the Institute of Chartered Public Accountants of Kenya (ICPAK).
• Excellent Communication skills
• Must have good knowledge of accounting packages
• Very good knowledge of MS Office applications and especially Excel.
• Excellent understanding of accounting and reporting standards and procedures
• Experience in researching as it relates to accounting issues
• Awareness of business trends
• Experience with creating financial statements
• Experience with general ledger functions and the month-end/year-end close process

Click here to apply for the job.