Posted:1 hour ago
By:Hiring Kenya
Company Details
Industry:
Information Technology and Services
Description:
CloudFactory is changing the way the world works by providing an on-demand, digital workforce for scaling critical business processes in the cloud. We’re also on a mission to create meaningful work for as many people as possible.
Job Description
The Junior Accountant will handle daily financial tasks, including recording transactions, reconciling accounts, and preparing reports. They will also assist with tax and audit processes to maintain accurate financial data and ensure compliance.
Key Stakeholders:
- Senior Accountants: They will provide guidance and support for accounting tasks.
- Finance Managers: They oversee the finance team and ensure financial operations run smoothly.
- Internal & External Auditors: Collaborate during audits to ensure compliance.
- Tax Specialists: Work together for accurate tax filings and compliance.
- Department Managers: Collaborate on budgeting and tracking departmental expenses.
- Suppliers/Vendors: Handle accounts payable and payment processes.
- HR: Coordinate payroll and benefits accounting.
- Banks: Assist with reconciliations and payment processing.
- Regulatory Bodies (e.g., KRA): Ensure tax compliance and filing requirements.
Responsibilities:
- Bookkeeping: Ensure correct invoices for customers have been raised and correct vendor bills have been processed within the credit terms/contract vendor payment
- Financial Reports: Support the preparation of weekly, monthly, and annual financial statements.
- Accounts Payable & Receivable: Manage invoice processing, and payments, and reconcile accounts.
- Bank Reconciliation: Regularly reconcile bank statements with accounting records and resolve discrepancies.
- Tax Preparation: Ensure compliance with relevant accounting standards, regulations, and company policies, and prepare and file tax returns accurately and on time.
- Auditing: Support internal and external audits by organizing financial documents.
- Administrative Support: Perform general administrative duties such as filing, organizing documents, and responding to inquiries on the support ticketing system, including petty cash management.
- Internal Controls: Support the organization in maintaining the reliability and integrity of financial information through adherence to established policies, procedures, and controls by understanding and actively participating in internal control processes.
- Assisting Senior Accountants: Provide backup and support for senior accounting staff.
Requirements
Skills Required:
- Accounting Software: Proficiency in Accounting tool- NetSuite
- Attention to Detail: Accuracy in financial transactions and account reconciliation.
- Kenyan Tax Knowledge: Understanding of VAT, WHT, PAYE, corporate tax laws, and KRA processes.
- Bookkeeping: Ability to manage and record financial transactions and maintain ledgers.
- Analytical Skills: Review and interpret financial data to spot discrepancies.
- Time Management: Ability to meet deadlines, especially during key periods.
- Communication: Strong verbal and written skills for interacting with team members.
- Organization: Manage large volumes of financial data efficiently.
- Problem-Solving: Identify and resolve issues in financial records
Experience Required:
- Education: Bachelor's in Accounting/Finance; CPA (Kenya) certification is a prerequisite.
- Work Experience: At least 3 years of experience in accounting with experience in accounts payable/receivable, bank reconciliation, reporting, and payroll.
- Accounting Standards: Familiarity with IFRS and Kenyan financial standards.
- Auditing: Exposure to internal or external audits.
- Tax Knowledge: Experience with VAT, WHT, PAYE, and KRA tax filings.
Salary: Discuss During Interview
Education: Diploma
Employment Type: Full Time