Accounting Jobs, Jobs in Kenya, Financial Jobs,
Receivable Accountant
KEY TASKS AND RESPONSIBILITIES
- Accurately record receivable transactions in the accounting system, including payments, adjustments, and related entries.
- Provide regular reports to the Finance Manager, including daily analysis of petty cash transactions for accounting integration and compliance verification.
- Verify balances between the petty cash register/system and physical cash, ensuring accurate records.
- Manage petty cash funds securely, overseeing their disbursement and handling while ensuring compliance with approved procedures.
- Compile, organize, and maintain signed petty cash vouchers in chronological order for entry into the accounting system.
- Create and send invoices to customers for services rendered, ensuring billing details are accurate.
- Follow up with customers to secure timely payment of outstanding invoices, including sending reminders and negotiating payment plans.
- Maintain orderly files and records of all processes and correspondence
- Ensure adherence to established practices while staying updated on current changes and standards.
- Develop and enforce operating policies and procedures for the Accounts Receivable section.
- Reconcile accounts receivable records with customer payments to ensure accuracy and resolve discrepancies.
- Deposit cash received from retirements and surrenders daily, and implement internal controls for petty cash.
- Ensure proper filing of all accounting documentation for reconciliation purposes.
- Act as the bank relations agent, recording all debit transactions in bank accounts into the accounting system.
- Any other assigned tasks.
QUALIFICATION, EXPERIENCE AND KNOWLEDGE
- Bachelor’s degree in Accounting, Business, Finance, or a related field.
- CPA-K or ACCA
- At least 3 years’ experience as a receivable accountant
- Experience with ERP or similar accounting system
- Excellent Microsoft Office Skills
- Strong analytical and reporting skills
- Strong problem solving skills
- Excellent communication and interpersonal skills
- Ability to work independently and as part of a team
Payable Accountant
KEY TASKS AND RESPONSIBILITIES
- Monitor AP email account, system, and support payment processing.
- Assist in cash flow monitoring and related financial activities.
- Enter project invoices and certificates into the finance information system to streamline payment processing.
- Prepare and enter journal entries for the general ledger, including labor, credit card transactions, and accruals.
- Aid in payroll processing and document preparation.
- Prepare bank reconciliations and handle other month-end closure tasks.
- Oversee ledger balances and aging reports to identify and correct any errors or unresolved postings.
- Establish and enforce accounts payable policies, procedures, and internal controls to reduce errors, fraud, and compliance risks.
- Review and oversee all payments in the system, coordinating with the Treasury and General Ledger departments to ensure accuracy and resolve any errors.
- Generate regular reports and analyses on accounts payable activities, trends, and performance metrics for management review and decision-making.
- Keep precise records of accounts payable transactions, including invoice receipts, approvals, and payments, ensuring all documentation is accurate and properly archived.
- Remain informed about industry best practices and technological advancements in accounts payable automation and software, and integrate relevant updates as needed.
- Perform other accounting and administrative tasks as assigned.
QUALIFICATION, EXPERIENCE AND KNOWLEDGE
- Bachelor’s degree in Accounting, Business, Finance, or a related field.
- CPA-K or ACCA
- 3-4 years of relevant work experience.
- Knowledge of International Financial Reporting Standards (IFRS).
- Experience with ERP systems
- Strong understanding of GAAP and Accounting principals
- Strong analytical skills
- Strong problem solving skills
- Experience using accounting software
- Excellent communication and interpersonal skills
- Ability to work independently and as part of a team
Senior Accountant
KEY TASKS AND RESPONSIBILITIES
- Oversee the preparation and analysis of monthly and annual financial statements for all Group entities, ensuring adherence to IFRS and GAAP standards.
- Ensure all financial reporting complies with regulations and industry standards
- Manage the statutory audit and tax processes, including the timely filing of corporate income tax returns (CIT).
- Direct the month-end and year-end financial closing processes.
- Compile and analyze monthly management accounts, including flux and variance reports, within established deadlines.
- Maintain and reconcile general ledger accounts to ensure accuracy.
- Validate and confirm the integrity of transactions in the Accounting System.
- Monitor and forecast cash flows to support financial planning and operations.
- Reconcile bank statements, accounts payable, and accounts receivable to uphold precise financial records.
- Review daily reconciliation reports to monitor the status of merchant balances, rolling reserves, and related metrics.
- Prepare and distribute platform reconciliation reports to merchants.
- Conduct research on technical accounting and tax issues to ensure compliance across all group entities.
- Ensure adherence to internal controls, and recommend improvements to processes as necessary.
- Ensure the accounting software and systems are functioning properly and are up-to-date.
- Provide guidance and support to junior accounting staff and local finance teams.
- Perform other tasks as assigned by management.
QUALIFICATION, EXPERIENCE AND KNOWLEDGE
- Bachelor’s degree in Accounting, Business, Finance, or a related field.
- CPA-K or ACCA
- MBA is an added advantage
- Over 5 years’ experience as an Accountant
- At least 3 years’ experience managing a team.
- Experience in the Fintech industry is preferred
- Experience with accounting software.
- Proficiency in ERP
- Solid knowledge of financial analysis and forecasting.
- Excellent analytical and numerical skills.
- Strong attention to detail and good organizational skills.
- Ability to work independently and as part of a team.
- Excellent communication and interpersonal skills.
- Open and pro-active team player building trust and credibility.
Finance Manager
KEY TASKS AND RESPONSIBILITIES
- Provide management and leadership to the finance team.
- Monitor the organization’s banking activities
- Oversee currency, credit, and liquidity risk management, and develop and implement the investment policy.
- Initiate and enforce internal procedures and controls for purchasing, supplier payments, payroll, and expenditures.
- Supervise the collection of company debts and maintain debt accounts.
- Prepare monthly performance briefs, quarterly management accounts, and annual audited accounts to meet investor, donor, and stakeholder requirements.
- Manage the preparation, supervision, and tracking of capital and operational budgets, including financial analysis, forecasting, and modeling.
- Oversee finance processes, including enhancing controls from procurement through to payables.
- Coordinate and manage periodic tax audits to ensure the organization mitigates inherent tax risks and liabilities.
- Implement, document, and establish effective controls for managing revenues, expenses, and safeguarding assets.
- Create and review finance/accounting policies and procedures, addressing and closing any gaps.
- Monitor compliance with the Income Tax Act, VAT Act, and other statutory deductions, ensuring adherence to regulations when making payments to employees, suppliers, and service providers.
- Manage and ensure adequate cash flow to meet the organization’s needs through effective cash flow management, forecasting, and planning.
QUALIFICATION, EXPERIENCE AND KNOWLEDGE
- Bachelor’s degree in Finance, Accounting, Business, or a related field.
- MBA or any related field is preferred
- CPA-K or ACCA
- Minimum of 7 years work experience, with at least 3 years in management
- Proficiency in ERP systems.
- Proficiency in Microsoft Office Suite
- Knowledge of financial modelling and forecasting
- Strong analytical and reporting skills
- Demonstrated leadership and management skills
- Strong communication and interpersonal skills
- Strong collaboration skills
Method of Application
Interested candidates are invited to strictly email their cover letter and CV, to careers@orchidhr.co.ke before end of day 30th August, 2024.
Only short-listed candidates will be contacted.