Job Purpose :

To drive accurate financial reporting, regulatory compliance, and  decision-making through expert management of accounting operations and financial management functions.

Responsibilities

Accounting Operations

• Reviewing financial statements and general ledger entries to ensure completeness, accuracy and adherence to accounting standards.
• Posting monthly journal entries and intercompany transactions
• Making payments to suppliers
• Review the debtor balances and lead the collection process.
• Prepare bank reconciliations
• Filing tax returns
• Investigating and resolving KRA queries
• Ensure timely day to day operations of the accounts’ functions.
• Liaising with ERP system team – Accounts configurations, process flows, suggest and implement improvements to system processes where applicable

Financial Management and Reporting

• Create Monthly and quarterly budgets for the Group.
• Prepare and analyze financial statements; income statements, balance sheets, and cash flow statements.
• Prepare consolidated accounts of the group.
• Monitor financial performance, identify trends, and provide financial analysis to support decision-making on cost saving and revenue enhancement.
• Responding to management queries on matters Finance of the Group and individual companies.
• Develop and implement financial policies, procedures, and internal controls to ensure compliance with regulations and best practices.
• Ensure compliance with accounting standards, company policies and relevant regulations like IFRS, Kenya tax laws, etc.

Compliance and Audit

• Quarterly and Annual internal audit reviews.
• Liaising and facilitating auditors during the review period.
• Preparing and sharing financial analysis – TB with comments.
• Investigating and resolving audit findings, discrepancies, and issues of non-compliance
• Ensure compliance with relevant accounting standards, tax regulations, and financial reporting requirements
• Stay up-to-date with changes in accounting regulations and assess their impact on the organization

Strategic Planning and decision support

• Provide financial analysis and recommendations to support strategic planning, investment decisions, and business growth initiatives.
• Participate in financial forecasting, long-term financial planning, and risk management activities
• Evaluate financial performance and key performance indicators (KPIs) to identify areas for improvement and cost-saving opportunities

Team Leadership and Management

• Create a positive work environment
• Collaborate with other subsidiaries so as to ensure smooth financial operations and accurate financial reporting.
• Bachelor’s degree in Accounting, Finance, or a related field.
• Professional certification such as ACCA, CPA, or CIMA is preferred.
• A minimum of five years’ experience in private or public accounting
• Proven experience in project accounting and financial management, preferably within construction industry.
• Proven experience in project management
• Strong knowledge of accounting principles, financial analysis, and project budgeting.
• Proficiency in project management methodologies and tools.
• Excellent analytical skills and attention to detail.
• Ability to work collaboratively with cross-functional teams and stakeholders.
• Strong communication and interpersonal skills.
• Proficient in financial accounting software
• Ability to prioritize tasks and meet deadlines in a fast-paced environment.