Financial Accountant

23 hours ago


Nairobi, Nairobi Area, Kenya Emerge Egress Consulting Full time
Job Description:

Emerge Egress Consulting is a renowned HR Management and Training Consulting Firm based in Nairobi, established in 2017. We specialize in Recruitment, Business Strategy, Marketing Strategy, and Training Programs for various sectors. Our clients hail from diverse industries, and we partner with them to cater to their unique needs.

Role Overview:
We seek an accomplished and proactive individual to contribute to our financial activities. This role entails accurate financial recording, computation, and reporting, ultimately driving the success of our projects.

Key Responsibilities:
  • Prepare and analyze comprehensive financial statements for construction projects and the organization, encompassing balance sheets, income statements, and cash flow statements.
  • Maintain accuracy and ensure compliance with regulatory standards.
  • Implement and sustain cost accounting systems to track project costs effectively, including materials, labor, and overhead expenses.
  • Collaborate with project managers and stakeholders to prepare project budgets and forecasts, while monitoring budget performance.
  • Analyze monthly expenses against the budget.
  • Support tax compliance activities, including preparing tax returns and ensuring timely tax payment for relevant departments.

General Accounting and Ledger Maintenance:
Review financial transactions and ensure the accuracy and completeness of ledger entries.

  • Oversee inventory management for the organization.
  • Ensure timely preparation of monthly balance sheets and other financial reports.
  • Resolve discrepancies arising from reconciliations accurately and promptly.
  • Identify opportunities for cost savings and recommend actions to enhance financial efficiency.
  • Monitor cost trends and variances, providing detailed reports to management.
  • Perform bank and cash reconciliations.
  • Ensure all controlled accounts are reconciled on a monthly basis to prevent errors.
  • Manage project accounting activities, including revenue recognition, billing, and contract management.
  • Conduct financial analysis to evaluate project profitability, cash flow projections, and return on investment.
  • Maintain compliance with regulatory requirements and industry standards, as well as relevant tax regulations.
  • Identify and mitigate financial risks associated with construction projects, implementing controls and procedures as necessary.
  • Perform accounting duties throughout the project, such as preparing invoices, estimating cash flow, and signing off on purchase orders.
  • Prepare cost analyses by interpreting project financial data and information.
  • Report any financial risks and budgetary discrepancies to management for review.
  • Maintain strong relationships with vendors and suppliers.
  • Stay up-to-date with both the construction and accounting industries.
  • Undertake banking duties as required.
  • Prepare payroll and casuals pay as needed.
  • Perform other duties as assigned.

Qualifications and Requirements:

  • Candidate must hold a CPA Intermediate Level certification.
  • A minimum of 1 year's experience in a similar role.
  • Proficiency in an accounting software and ERP Systems, as well as Microsoft office suite.

Key Competencies:

  • Solid analytical and mathematical skills.
  • Strong understanding of accounting principles, including job costing and revenue recognition.
  • Excellent analytical skills with the ability to interpret financial data and trends.
  • High level of commitment to accuracy and compliance.
  • Effective communication and interpersonal skills.
  • Ability to multitask and thrive in a fast-paced environment.

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