Senior Accountant

Job Description:

• Oversee daily accounting operations including payables, payroll, and general ledger management.
• Oversee the entire accounts payable process, from reviewing payment requests to ensuring accurate processing and timely payment execution
• Ensure that all documents are duly supported by an ETR invoice, delivery note, goods received note, LPO/contract,requisition note, etc. before payment.
• Review payment requests based on set budget and relevant agreements, keep tracker up to date and process them for payment.
• Assist with  timely and accurate preparation of monthly, quarterly, and annual financial reports.
• Review and approve journal entries, reconciliations, and accounting schedules.
• Supervise statutory returns VAT, PAYE, Withholding Tax, NSSF, SHA and ensure compliance with deadlines.
• Manage monthly bank reconciliations, loan reconciliations, and intercompany transactions.
• Ensure compliance with company policies, IFRS, and Kenyan tax laws.
• Review budget vs actual expenditure and prepare variance analysis reports.
• Maintain and update prepayment, accruals, and provisions schedules.
• Reconcile supplier accounts to ensure accuracy and timely resolution of outstanding balances.
• Prepare detailed cash flow forecasts to support operational and capital requirements.
• Monitor payroll processing, statutory deductions, and related reconciliations.
• Support inventory accounting by reviewing material consumption, wastage, and reconciliation of WIP/finished goods.
• Prepare audit schedules and maintain proper filing of all accounting records for easy retrieval.
• Conduct monthly reconciliations between financial system records and physical stock reports.
• Facilitate collaboration between the store and procurement departments by supervising stock takes, assisting with stock reconciliations, and supporting supplier management.
• Lead audit planning and coordination internal & external, proactively addressing potential issues before they are raised.
• Set objectives, coach, and evaluate junior accountants, building capacity for manufacturing specific financial reporting
• Design and implement improved financial processes automation, approval workflows, segregation of duties to strengthen compliance and efficiency.
• Develop board-level and management performance reports trend analysis, KPIs, scenario based forecasts that go beyond routine financial statements.
• Collaborate with procurement, production, and operations to provide cost insights that influence supplier negotiations, pricing, and production efficiency.
• Ensure capital investments are aligned with business strategy, conducting ROI analysis before approvals.
• Act as the primary finance contact with KRA, auditors, banks, and regulators on escalated or complex matters.
• Identify financial and operational risks, recommend mitigation strategies, and ensure business continuity planning from a finance perspective.

Minimum Requirements:

• Degree in Accounting, Business Management, Finance or a similar field preferred.
• Professional Qualification: CPA IV / ACCA IV or equivalent.
• Minimum 5 years’ progressive accounting experience, at least 2 years in a supervisory role.
• Proven experience with ERP/Accounting systems e.g., QuickBooks, SAP, or Oracle
• Strong knowledge of Kenyan tax laws VAT, PAYE, Withholding Tax, Corporate Tax, SHA, NSSF, Pension
• Experience in audit support and financial reporting in a mid to large organization