
Senior Corporate Accountant
5 days ago
Position Title:
Industry:
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Position Summary
Key Responsibilities
- Financial Reporting & Analysis
- Prepare timely and accurate monthly, quarterly, and annual statutory and management financial reports for all group entities in compliance with IFRS and GAAP.
- Lead the preparation of consolidated financial statements and ensure elimination of intercompany transactions.
- Conduct detailed financial analysis, identify trends, variances, and support strategic business decisions.
- Audit Management
- Coordinate and oversee external audits, liaising with auditors to ensure smooth and timely completion.
- Implement audit recommendations and regularly report progress to senior management.
- Tax Compliance & Planning
- Ensure compliance with corporate tax, VAT, PAYE, withholding tax, and excise duties.
- Prepare and file accurate tax returns and manage relationships with KRA and tax consultants.
- Develop tax planning strategies to enhance efficiency and reduce tax liabilities.
- Budgeting & Forecasting
- Lead the annual budgeting process with departmental collaboration to develop aligned financial plans.
- Monitor budget performance and prepare variance reports with corrective recommendations.
- Prepare rolling forecasts and manage cash flow projections to support operational sustainability.
- Financial Controls & Risk Management
- Design and maintain strong internal controls across all accounting and reporting functions.
- Conduct risk assessments for financial operations and develop mitigation plans.
- Ensure compliance with internal policies, accounting procedures, and external regulations.
- Treasury & Cash Management
- Monitor daily cash positions, oversee bank reconciliations, fund transfers, and liquidity management.
- Manage relationships with banking partners to ensure competitive terms and optimal cash flow.
- Prepare cash flow forecasts and funding reports to support ongoing operations.
- General Ledger & Accounting Operations
- Oversee the monthly close process including journal entries, accruals, provisions, and reconciliations.
- Maintain accurate general ledger accounts and ensure correct classification of transactions.
- Payroll Oversight
- Review and approve monthly payroll to ensure accuracy and compliance with employment and tax laws.
- Monitor payroll-related transactions including benefits, deductions, and statutory contributions.
- Regulatory Reporting
- Ensure timely submission of statutory financial reports to bodies such as KRA, NHIF, NSSF, and CBK (if applicable).
- Monitor changes in financial and tax regulations and advise management proactively.
- ERP / Accounting Systems Management
- Oversee the use, maintenance, and optimization of ERP or accounting systems.
- Recommend and implement system improvements and automation initiatives.
- Team Leadership
- Mentor, coach, and supervise junior accountants, ensuring they meet performance targets.
- Coordinate finance team activities, delegate tasks, and conduct performance appraisals.
- Collaborate with departmental heads to support financial planning and business strategy.
- Collaborate with Compliance and Finance teams to submit reports or documentation requested during internal and external audits or regulatory reviews.
- Bachelor's degree in accounting, Finance, or related field.
- Certified Public Accountant (CPA-K) – Mandatory.
- Minimum 10 years of progressive accounting experience, with at least 3 years in a senior role.
- Strong knowledge of IFRS, GAAP, and Kenyan tax regulations.
- Experience in group consolidations, audits, and tax management.
- Proficiency in ERP systems (e.g., SAP, Oracle, QuickBooks) and Excel (pivot tables, modelling).
- Strong leadership, organizational, and problem-solving skills.
- High integrity, attention to detail, and ability to work in a fast-paced environment.
- Excellent communication and interpersonal skills.
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