Kenya Accountant

Company Profile: Our Client is a worldwide co-leader of the global spirits and wine industry.  

The company is primarily focused on premium spirits (the high-margin segment of the industry), and has leading premium brands in all key spirits categories
 

Job Title: Kenya Accountant 

Reports To: Finance Manager
 

Location: Nairobi
 

Main Purpose of the Job: Performs the complete accounting function for the Kenyan operation and ad hoc accounting functions for PRK including general ledger transactions and ledger reconciliations

Job Scope and Context:

• Service Level
• Office based with occasional travel within Kenya and seldom international  
• On going requirements to meet deadlines

Key Responsibilities:

Process journal and General Ledger reconciliations

• General ledger journal entries are processed monthly
• Balance sheet transactions are prepared and reconciled monthly
• Ad-hoc monthly journals are processed
• Salary journal prepared and posted monthly on ERP
• Cashbook journals authorized and posted
• Monthly and annual accounts are prepared and reviewed pursuant to Group and General Accepted Accounting Practice (GAAP) requirements
• Ensure that all relevant control processes/policies as defined by the company are strictly adhered to

Monitor CAPEX and periodic Depreciation/Disposals

• Purchase of vehicle journal posted to general ledger
• Reconciliations of amortisation schedules performed periodically

Processing TAX returns

• Accurate preparation of employee-related tax and VAT forms
• Employee-related tax and VAT paid monthly
• All documentation and or preparation for auditors and or tax authorities is completed timely

Control and processing of bank accounts

• Surplus funds are transferred to Call Accounts and Regional Accounts where appropriate
• Foreign currency expense claims are received and processed
• Surplus foreign currency is returned
• Foreign cash on hand is revalued on  monthly basis
• Group Netting procedures are followed
• Foreign loans and interest are monitored, processed and reconciled

Process the company bank account

• Payroll journal reconciled with bank account
• Account transactions are processed and reconciled monthly

Process of special delivery payments

• Deliveries are cross-referenced with route sheets
• Monthly payments are processed and actioned
• Accruals are processed on monthly basis if invoice outstanding

Reconcile Customer Foreign Currency (CFC) bank accounts

• Payments from CFC are correct
• CFC bank statements are collated as required
• Debtors Manager (AR) are processing foreign receipts
• Foreign receipts have correct SPOT rate and are processed in accordance to GAAP
• Reconciliation of balance in bank accounts with balance of bank account as per Trial Balance before 15th of each month

Submit schedules to F, P & A Manager

• Fixed asset schedules submitted monthly
• Interest paid and received schedules submitted monthly
• Bank balance summary schedules submitted monthly
• Forex schedules submitted monthly

Closing the company system at relevant intervals (monthly, quarterly half-yearly and yearly) and reporting the approved numbers into PRISMA. 

And dealing with all queries relating to the submitted numbers
 

Deadlines are met for the submission of P&L, Balance Sheet, Treasury and Tax reporting based on time-table set by Finance Manager for;

• Monthly reporting
• Quarterly Forecast
• Half Year reporting
• Year-end Close

Coordinate with frequent travelers

• Requests for foreign cash or credit card applications or amendments received timely
• Receipt of expense claims

Collaborate with external agencies

• Ongoing communication with banks,  and other financial institutions
• Applications processed by banks timely

Job Requirements:

• Relevant degree (business/commerce degree preferred), professional accounting qualifications (CPA/CIMA/ACCA) and 3-5 years accounting experience in a busy accounting environment
• Strong MS excel competency preferred
• Knowledge of IFRS required
• Management Reporting & Analytical Skills
• Corporate Policies/ Procedures & Internal Control
• Financial Plan & Business Support
• Company & Business Knowledge
• Legal, Taxation & Compliance Issues
• Treasury & Investment Management
• Credit Management
• Accounting Principles & Standards
• Management Information Skills
• Planning and Organizing

All interested candidates should send their applications to mycv@myjobseye.com. 

Only shortlisted candidates will be contacted.