Financial Accountant Job EAPI

Job Description

Financial Accountant Job, Current Accounting Jobs In Kenya, Finance Jobs In Kenya 2020,

FINANCIAL ACCOUNTANT/ MARKET FINANCE

 REPORTS TO: FINANCE DIRECTOR

 JOB SUMMARY

The Financial Accountant will oversee day-to-day accounting operations, with functional responsibility for accounting, accounts payable, payroll. He/ She will be responsible for production of financial reports, proper maintenance of accounting records, accurate processing of financial transactions and administration of a comprehensive set of controls and budgets designed to mitigate risk and enhance the accuracy of the company’s reported financial results.

Responsibilities

• Track the company’s financial status and performance to identify areas for potential improvement
• Provide useful financial insights to help make better decisions about formulating and executing strategy and provide guidance and analysis to the finance director and operational management to improve
• Maintain system of accounts and keep books and records on all transactions and
• Prepare and analyze accurate monthly financial and management reports, including income statement, balance sheet, budget and variance, projections and forecast, cash flow t.c.
• Maintain control of the following areas: general ledger, accounts payable, expense reports, billing, and payroll.
• Ensure integrity of stock take at both Nairobi & Mombasa plant and reconciliation to GL
• Review financial data and prepare required reports, present accurate financial reports when
• Review supplier reconciliations before payments. Manage supplier queries and resolution of reconciling items
• Establish and maintain financial policies and procedures for the company
• Coordinating the preparation of the draft audited financial statements and all tax returns. Ensure timely, accurate and complete issuing of financial statement as
• Monitor bank accounts and coordinate cash sweeps to minimize bank interest charges and penalties
• Prepare weekly payment forecast based on agreed payment plans and business requests
• Ensure bank obligations are paid OTIF (LC’s, Bills of Exchange, Stock loans, Commercial loans, Asset finance, IPF)
• Assist in production of cash flow reports, annual budget, and forecasts.
• Calculate variances from the budget and report significant issues to management and provide for a system of management cost
• Coordinate interim and annual audits
• Understand and adhere to financial regulations and
• Markets and category size evaluation, projections and monitoring performance against
• Provide financial input for commercial contracts (e.g. leasing, commissions, exclusivity).
• Prepare Customer & account managers Profit & Loss analysis on Periodic basis to manage customers & account managers’
• Value chain cost analysis including transport to customer on Periodic basis
• Prepare pricing structures in liaison with Head of sales including the custody of signed pricing documents.
• Evaluate profitability of products and recommend corrective action to improve
• Ensure appropriate and adequate Insurance cover both general and medical. Ensure timely renewal and payment of premiums (IPF)
• Prepare cost-benefit analysis on any sales and marketing activity and promotions to gauge return on investments.
• Periodical evaluation of customers trading terms to ensure no exposure or constraint business
• Create forecasts of future business conditions using multiple
• Act as finance liaison officer to sales and marketing team on pricing queries and
• Gather ad-hoc information relevant to development of pricing
• Perform variance analysis between actual, forecasts and budgets (volume, price & mix)
• Key account participation internally and externally (at Customer site)
• Participate in volume, net sales revenue and selling expenses generation for LE & AOP
• Prepare sales reports for inclusion in management reports and Board packs
• Represent finance at demand planning meeting during S&OP

 Qualifications

• Bachelor’s degree in Accounting or Finance
• Post Graduate qualification will be an added advantage
• CPA K
• Knowledge and use of ERP
• FMCG or B2B industry experience is an added advantage
• Minimum of 5 years experience finance and accounting experience including coordinating audit activities and managing reporting, budget development and analysis, accounts payable and receivable, general ledger and payroll
• Proficient in spreadsheets, databases, MS Office and financial software applications
• Excellent time management skills, with the ability to perform multiple tasks and meet critical deadlines while maintaining accuracy and quality
• Proven ability to make complex and time-sensitive decisions in the best interests of the
• High level of integrity

How to Apply

If you are up to the challenge, possess the necessary qualification and experience; please send your CV only quoting the job title on the email subject (Financial Accountant/ Market Finance) to hr@eapi.co.ke on or before Friday 22^nd October 2020

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