DUTIES AND RESPONSIBILITIES

Financial Accounting & Reporting

• Prepare, maintain, and update accurate financial records in accordance with accounting standards.
• Prepare monthly, quarterly, and annual financial statements and management reports.
• Reconcile general ledger accounts, bank statements, supplier statements, and customer accounts.
• Ensure proper documentation and filing of all accounting records.

Accounts Payable & Receivable

• Manage accounts payable and receivable functions, ensuring timely invoicing, collections, and payments.
• Review and process supplier invoices, ensuring accuracy and proper approvals.
• Monitor customer balances, follow up on outstanding receivables, and manage credit control.
• Prepare aging reports for both payables and receivables.

Taxation & Statutory Compliance

• Ensure full compliance with statutory and regulatory requirements.
• Prepare and file monthly and annual tax returns including VAT, PAYE, Withholding Tax, and Corporation Tax via iTax.
• Ensure accurate tax computations and timely payments to avoid penalties.
• Maintain proper tax records and support audits and statutory inspections.

ETIMS & Invoicing

• Ensure compliance with KRA ETIMS requirements.
• Manage invoicing processes, ensuring accurate issuance of tax invoices.
• Reconcile ETIMS sales data with accounting records and resolve discrepancies.

Maintain proper records for audits and compliance purposes.

Systems & Process Improvement

• Utilize accounting software efficiently to record and analyze financial data.
• Maintain accurate data in accounting systems and ensure system controls are adhered to.
• Develop and improve accounting processes to enhance efficiency and accuracy.
• Provide support during internal and external audits.

Budgeting & Controls

• Assist in budget preparation and monitoring.
• Track expenses against budgets and highlight variances.
• Support management with financial analysis and cost control initiatives.

KEY REQUIREMENT SKILLS AND QUALIFICATION

• Bachelor’s Degree in Accounting, Finance, or a related field.
• CPA Part IV qualification (mandatory).
• Minimum of 5 years’ experience as an Accountant, preferably in the FMCG retail industry.
• Strong understanding of accounts payable and accounts receivable processes
• Proven experience in preparing financial statements and maintaining accurate accounting records.
• Demonstrated experience in tax compliance, iTax, invoicing, and ETIMS.