Job Description
Duties and responsibilities
1. Preparing Budgets for the recurrent and capital expenditure
2. Preparing quarterly expenditure forecasts
3. Verifying and ensuring timely submission of budget accounts schedules
4. Reviewing internal orders for capital expenditure.
5. Monitoring expenditure and projects including project implementation on a periodic basis
6. Ensuring timely availability of budget, compiling of budget estimates, periodic returns and preparing regular reports
7. Preparing timely and accurate management reports and providing guidance to employees under him/her to achieve the desired results
8. Implementing the training program for budget holders on monitoring of budgets in the Company cost centers
9. Submitting supporting documentation necessary for fixed assets capitalization in the Business Area/ Capitalize fixed assets into the accounting system
10. Participate and prepare annual stock take report for financial statements preparation
11. Ensuring accurate invoicing of debtors as per contractual terms, follow up on payments and review reconciliation of debtor accounts
12. Supporting financial audit process, reviewing reconciliation of staff accounts and payroll changes/ adjustments
13. Responding adequately to stakeholders’ queries and maintaining cordial relationships
14. Preparing and submitting periodic reports in a timely manner for decision making
15. Implementing and recommending changes on Company Accounting Policies to guide and improve operational procedures.
16. Setting up chart of accounts and propose reporting guidelines.
Person Specifications
1. A minimum period of eight (8) years in relevant work experience and at least three (3) years in supervisory role
2. Bachelors degree in any of the following fields: Commerce (Accounting or Finance option), Business Administration (Accounting option) from a recognized institution or any other relevant equivalent qualification
3. Certified Public Accountants (CPA) K or final ACCA certification
4. Registered with the Institute of Certified Public Accountants of Kenya (ICPAK) or a relevant professional body.