Closing: Apr 30, 2024
This position has expiredPublished: Apr 16, 2024 (16 days ago)
Job Requirements
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Job Summary
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- Bachelor’s degree in any of the following fields: Commerce (Accounting or Finance option), Business Administration (Accounting option) from a recognized institution or any other relevant equivalent qualification;
- Minimum of at least 5 years of work experience in a similar position;
- Certified public accountant (CPA-K) and an active member ICPAK with good standing;
Meets the requirements of chapter six of the Constitution of Kenya 2010 which includes:
a. Certificate of Good Conduct from the Directorate of Criminal Investigations;
b. Clearance Certificate from the Higher Education Loans Board;
c. Tax Compliance Certificate from the Kenya Revenue Authority;
d. Clearance from the Ethics and Anti-Corruption Commission; and
e. Report from an Approved Credit Reference Bureau.
Responsibilities
- Bachelor’s degree in any of the following fields: Commerce (Accounting or Finance option), Business Administration (Accounting option) from a recognized institution or any other relevant equivalent qualification;
- Minimum of at least 5 years of work experience in a similar position;
- Certified public accountant (CPA-K) and an active member ICPAK with good standing;
Meets the requirements of chapter six of the Constitution of Kenya 2010 which includes:
a. Certificate of Good Conduct from the Directorate of Criminal Investigations;
b. Clearance Certificate from the Higher Education Loans Board;
c. Tax Compliance Certificate from the Kenya Revenue Authority;
d. Clearance from the Ethics and Anti-Corruption Commission; and
e. Report from an Approved Credit Reference Bureau.
- Prepare accurate and timely financial reports, including balance sheets, income statements, and cash flow statements promptly for decision-making
- Confirming compliance with tax laws across all business transactions
- Ensuring safe custody of company records and assets
- Analyzing below-the-line accounts and handling cash transactions duties
- Reviewing payment documents and complying with relevant tax laws
- Processing vouchers, and cheques and posting payments and receipt vouchers in the cash books
- Management of all cashbook transactions in line with Public Finance Management Act (PFM)
- Verifying supporting documents seeking for letters of credit
- Extracting and providing cash liquidity analysis
- Ensuring the security of cheques and cheque books
- Extracting documents and information for financial audit purposes and inclusion in periodic reports for decision-making
- Analyze financial data and provide insightful reports to management for strategic decision- making.
- Oversee day-to-day accounting activities, including accounts payable, accounts receivable, general ledger, and payroll.
- Reconcile financial discrepancies and ensure the accuracy and completeness of financial records.
- Assist in the development and monitoring of OLWASCO’s budget and collaborate with department heads to forecast financial performance and identify areas for cost optimization.
- Ensure compliance with relevant accounting principles, laws, and regulations and coordinate with external auditors during the audit process.
- Conduct financial analysis to assess the company’s financial performance and identify trends, risks, and opportunities.
- Provide recommendations for improving financial efficiency and profitability.
- Establish and maintain strong internal control procedures to safeguard OLWASCO assets and prevent fraud.
- Evaluate existing controls and suggest improvements where necessary.
- Utilize and maintain OLWASCO’s accounting systems effectively and Identify opportunities to enhance automation and streamline accounting processes
- Collaborate with cross-functional teams on financial matters and promote a cooperative work environment.
- Ensure compliance with approved human resources management policies, systems, and procedures and their standard application within the organization;
- Prepare, monitor, and maintain the human resources budget and timely and accurate payroll administration and remittance of deductions;
- Support in the Administration and review of OLWASCO’s HR manual/policy document;
- Review of OLWASCO’s strategic plan as pertains to the human resource & administration department
- Lead training and appraisal of all staff in line with the overall OLWASCO staff training and development objective
- Perform any other duties as may be assigned from time to time by the Managing director.
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