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Senior Accountant

2 months ago

Nairobi, Nairobi Area, Kenya Corporate Staffing Services Full time

Accounting job vacancies in Kenya. PATH is a global nonprofit dedicated to achieving health equity. With more than 40 years of experience forging multisector partnerships and with expertise in science, economics, technology, advocacy, and dozens of other specialties, PATH develops and scales up innovative solutions to the world's most pressing heath challenges.
The Accounting division is responsible for driving all activities related to PATH's accounting and financial functions and ensures compliance with generally accepted accounting principles (GAAP), PATH policies and procedures, internal controls, and audit support operations in 20+ countries. The team works closely with partners in human resources, legal, IT, office of grants and contracts, and the extended program leadership team to not only educate regarding finance and accounting procedures, but also explore how the finance function can support program and other operations groups in building and optimizing finance business processes and systems to meet future needs and demands.
PATH's Global Accounting department is currently seeking a Senior Accountant for the Revenue & Reporting team, who will work with the rest of the Accounting team and others outside of Accounting to oversee adherence to PATH Accounting policies and those of our donors. This position will require solid understanding of GAAP/IFRS, superb organizational skills, attention to detail, analytical thinking, ability to research and superior customer service skills (in person as well as via video conference and email).
Location: Nairobi Office

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Responsibilities:

  • Perform periodical reviews of financial transactions allocated to grant awards to ensure reasonableness, allowability, availability of funds, and ensure compliance with GAAP, grant and contract compliance, and PATH policies.

  • Support the program, finance and operations team throughout the entire grant/project lifecycle.

  • Collaborate with the program and finance teams to develop standard reporting templates, and a reporting schedule for all financial deliverable submissions (establishing clear external deadlines)

  • Work closely with the Project Administrator to ensure timely and accurate financial reporting, billing, and close-out reports on award-based projects in assigned grant portfolio.

  • Maintain knowledge of award agreement language and regulations, serving as a knowledge resource on assigned donors and escalating questions where needed.

  • Assist with new award review process and set-up in the accounting system.

  • Reconcile award receivables (billed and unbilled), assist in collections and related valuation considerations.

  • Prepare ad hoc and institutional reports and analysis as requested.

  • Prepare tax and additional compliance reports for award-based projects, as necessary.

  • Participate in month and year-end financial close processes.

  • Analyze and research complex and emerging accounting issues.

  • Lead ad hoc accounting projects to remediate process gaps and drive efficiency.

  • Prepare journal entries and adjustments as required.

  • Participate in project and annual PBC audits and assist in preparation of various schedules as assigned.

  • Provide training and team members support on complex issues and resolve accounting questions.

  • Subject matter expert for technical GAAP accounting related to all forms of revenue, Federal award requirements (OMB Super-circular) and PATH accounting policies and procedures, including both reviewing and conducting related research.

  • Act as backup for other Finance functions as needed during peak periods.

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    Required Skills and Experience

    • Strong understanding of US generally accepted accounting principles (GAAP) and/or International Financial Reporting Standards (IFRS), and accounting fundamentals.

    • Chartered Accountant (CPA-K) is desirable.

    • Bachelor's degree in accounting, finance, or business administration plus a minimum 8 years of relevant work experience in an accounting or finance type role with increasing levels of experience; an equivalent combination of education and experience will be considered.

    • Strong understanding of and ability to research relevant regulations and requirements including OMB Uniform Guidance 2 CFR 200 is preferred.

    • Strong ability to organize workload when faced with competing priorities and to complete work assignments on a timely basis.

    • Highly skilled in complex account reconciliations with attention to detail and ability to analyze data, research information to clarify issues, and find and propose appropriate solutions.

    • Proficient with accounting/financial software (preferably UNIT 4 Business World), spreadsheets and data management systems (Salesforce).

    • Highly skilled at utilizing Microsoft Office Suite (Excel, Word, and PowerPoint).

    • Exhibits a positive, proactive attitude with a sense of urgency; follows through and gets things done with minimal guidance.

    • Ability to understand, analyze and interpret financial information in varying formats (including general ledgers) and complete required reports.

    • Excellent organizational skills and the ability to manage and complete multiple projects simultaneously, capable of rapid coordination and distribution of information.

    • Utilize various tools to data-mine across multiple linked and un-linked PATH systems.

    • Competent and professional oral and written communication skills.

    • Ability to earn trust, maintain positive and professional relationships, and contribute to a culture of inclusion.

    • Capable of working both independently and collaboratively with team members from different geographical locations

    • Ability to work flexible hours as needed for video or audit conference calls with team members in other geographical regions.

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