1. Financial Planning and Monitoring • Preparing and recoding assets, liability, revenue and expenses entries by compiling and analyzing account information; • Maintaining and balancing subsidiary accounts by verifying, allocating, posting, reconciling transactions and resolving discrepancies; • Maintaining general ledger by transferring subsidiary accounts; preparing trial balance; reconciling entries; • Summarizing financial status by collecting information; preparing balance sheet; profit and loss and other statements; • Performing bank reconciliation and ensuring correct banking is done; • Analyzing financial information and financial status; • Maintaining the payroll; • Safe keeping of company records and assets; • Filing of company tax returns i.e. PAYE, VAT and INCOME TAX and ensuring statutory payments are done on time; • Monitoring customer account details for non-payments, delayed payments, generate age analysis other irregularities, • Performing month-end accounting activities such as reconciliations and journal entries; • Coordinating with the finance team to complete assigned accounting tasks; • Generating financial reports and statements to managers for review;
2. Inventory Management • Developing inventory analysis reports and analyzing variances; • Preparing the month end stock valuations, validating the Cost of sales and margin analysis; • Reconciling inventory accounts to the general ledger; • Verifying accurate costs for inventories; • Monitoring inventory transactions; • Assisting in the improvement of internal controls related to inventory; • Reviewing monthly stock gains/losses and ensuring they are within the territory; • Maintaining compliance with established policies and procedures;
3.People Leadership and Management • Providing leadership and guidance to a team of accountants, cashiers; monitoring their performance and general quality of work; • Managing accounting assistants and bookkeepers; • Managing and overseeing the entire accounting team; • Monitoring and mentoring junior staff, clerks and book keepers; • Working collaboratively with other teams to achieve shared goals; • Providing guidance to other accountants when needed; • Ensuring practical learning experiences for trainees the organization by providing accounting support and guidance; • Ensuring rules and regulations are adhered to by all users; • Give a weekly report on sales analysis showing margins per location; • Motivating and coach the team to operational success; • Monitoring the completion of tasks and ensure good performance and record on appropriate systems; • Consistently promote high standards through personal example and ensuring each member of the team understands the standards and behavior expected of them; • Working positively with support functions to fully define the processes/procedures/controls relevant to team activities; • Providing support and input to continuous improvement activities within the team; • Give daily report on daily bank reconciliation. • Give monthly report on the monthly income statement and balance sheet. • Assisting with employee expense reports;
Key Result Areas • Customer satisfaction • Accounting efficiency • Profitability of the business in line with budgetary provisions. • Implementation of the business plan and attainment of the business targets.
Minimum Education Requirements • Bachelors Degree, Finance Option • Certified Public Accountant (CPA-K) • Strong knowledge of MS Office • Experience in SAGE software an added advantage
Minimum Required Experience • At least 4 years’ experience in an FMCG company in the same position.
Skills • Excellent communication and administrative skills • Planning and organizing • Workflow financial management skills • Ability to work in a competitive and challenging environment • Self-driven/Goal focused/Target driven • Excellent organizational and time management skills • Ability to meet all assigned deadline • Data entry and word processing skills • Accuracy and attention to detail • Team work • Problem solving skills