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.

N.B: Looking For A New Job? Find Your Next Job With Us. Click Here To Register Your CV. It’s Free.