Modern Coast Careers: Management Accountant

Position: Management Accountant

Reports to:  Head of Finance Department

Application Deadline: 31st January 2021

Category: Finance and Accounting Jobs  

Purpose of the Role:

In charge of a Business unit ensuring all postings are done correctly, in full and on a timely basis. As well as be aware of all financial transactions in relation to the business unit. Also to ensure that the business unit is tax compliant.

Key Responsibilities

  • Verify and understand debit & credit entries posted by the accounts clerks.
  • Reconcile & ensure that banking for each branch in their unit has been done on a daily basis.
  • Reconcile daily sales of each branch with TMS report.
  • Check that invoices raised to corporate clients from the courier system have been posted accurately in the accounting package.
  • Ensure that the daily branch expenses incurred are as per the control sheet.
  • Ensure the bank reconciliations are finalized by 5th of the following month.
  • Monitor all Balance Sheet reconciliations, ensuring completion and adequate record keeping by all key members reporting to the Management accountant.
  • Ensure all intercompany accounts are balanced monthly and signed off.
  • Ensure all debit /credit postings to the nominal ledgers are accurate.
  • Generate cost reports each month analyzing the profitability of the business unit.
  • Prepare the file for annual statutory audit.
  • Generate monthly management accounts for submission to business unit head & MD by 15th of every month.
  • Check the dispatch schedule for trucks with invoices generated.
  • Being self-updated with the happenings of the business unit on all financial aspects.
  • Ensure that all calculations and assumptions are linked to supporting workings and appropriate sources of information.
  • Maintain and enforce credit control across debtors and creditor balances.

Minimum Requirements

Education:

CPA or ACCA, an MBA in Finance or Business Administration would be preferred.

Relevant Previous Experience:

5 years of overall experience in accounting with last 3 years or more as a team leader of more than 10 employees.

Preferably in transport and logistics industry. Should have worked on SAP or any ERP.

Business Understanding:

  • Should understand company laws, taxation rules of EA Region , all Statutory requirements-NSSF,NHIF, VAT,WHT, PAYE, Training levy
  • Able to review data and report on the same.
  • Preparation of budgets
  • Aiding in strategic planning
  • Manage relationship with Auditors
  • Strong understanding of regional tax regulations and audit matters

Knowledge:

Functional Skills:

  • Analyze and understand data entry and reconcile control accounts.
  • Understanding Cost Control
  • Computations and reference of Quick Ratio, Gross profit, Net Profit, EBITDA,
  • Strong understanding of regional tax regulations and statutory matters

Generic Skills:

  • Understand numbers and analyze them
  • Proficient with MS Office- Word and excel tools
  • Updated with latest ERP
  • Ability to create and enhance systems / processes
  • Punctual, diligent and meticulous with close attention to detail

Behavioral Skills:

  • Negotiation and PR
  • People Management
  • Planning & Execution
  • Delegation & Control
  • Honesty and discretion

How to Apply

If you meet the above requirements, send the application to jobs@modern.co.ke by 31st January 2021 at 5:00 pm

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