DUTIES AND RESPONSIBILITIES

Financial Accounting & Reporting

• Prepare, review, and maintain accurate books of accounts, including journals, ledgers, and trial balances.
• Prepare monthly, quarterly, and annual financial statements in accordance with applicable accounting standards.
• Reconcile bank statements, tenant accounts, supplier accounts, and general ledger balances.
• Monitor and manage cash flows to ensure adequate liquidity for operational needs.

Real Estate Accounting

• Manage rental income accounting, including invoicing, receipting, and reconciliation of tenant payments.
• Track and account for service charge collections and expenditures.
• Maintain accurate records for property-related expenses, repairs, and maintenance costs.
• Support property managers with financial reports related to individual properties or portfolios.

Statutory Compliance & Taxation

• Ensure full compliance with statutory requirements including VAT, PAYE, Withholding Tax, and Corporation Tax.
• Prepare and file tax returns through iTax accurately and within deadlines.
• Ensure compliance with eTIMS requirements, including proper invoicing and reporting.
• Liaise with external auditors, tax consultants, and regulatory authorities as required.

Budgeting & Controls

• Assist in preparation of annual budgets and forecasts.
• Monitor budget performance and highlight variances with recommendations.
• Implement and maintain strong internal controls to safeguard company assets and minimize risk.

Systems & Process Improvement

• Utilize accounting software efficiently for transaction processing and reporting.
• Maintain proper documentation and filing systems for financial records.
• Identify opportunities to improve accounting processes and enhance efficiency.

KEY REQUIREMENT SKILLS AND QUALIFICATION

• Bachelor’s Degree in Accounting, Finance, or a related field.
• CPA Part 4 (or equivalent) – mandatory.
• Minimum of 5 years’ experience as an Accountant, preferably in the real estate industry.
• Proven experience in invoicing, iTax, and eTIMS.
• Strong proficiency in accounting software and Microsoft Excel.
• Solid understanding of Kenyan tax laws and statutory requirements.
• High level of accuracy and attention to detail.
• Strong analytical and problem-solving skills.
• Ability to work independently with minimal supervision