SENIOR ACCOUNTANT

DEPARTMENT: FINANCE

REPORTS TO: GROUP HEAD OF FINANCE

ABOUT US

We are a leading shared services firm specializing in the retail and manufacturing sector. We provide comprehensive financial services to streamline operations and drive efficiency for our retail partners within the group. Our team is dedicated to delivering high-quality, consistent, and scalable solutions.

POSITION OVERVIEW

The Senior Accountant will play a crucial role in managing the company's financial processes, ensuring accuracy and compliance in all financial reporting, and providing key insights to support strategic decision-making. This position requires a detail-oriented individual with strong analytical skills and a deep understanding of accounting principles in the retail and manufacturing industry.

Key Responsibilities

Financial Reporting:

o Prepare and review monthly, quarterly, and annual financial statements.

o Ensure compliance with Financial and other relevant regulations.

o Assist in the preparation of budgets and financial forecasts.

Cash Management:

o Oversee daily cash operations, including cash positioning, forecasting, and reporting.

o Monitor and manage the company’s cash flow to ensure liquidity and operational efficiency.

o Develop and implement cash management strategies to optimize the company’s working capital.

o Coordinate with banks and financial institutions to manage bank accounts, credit facilities, and treasury services.

General Ledger Management:

o Maintain and reconcile the general ledger.

o Oversee accounts payable and receivable processes.

o Perform month-end and year-end closing activities.

Audit and Compliance:

o Coordinate and assist with internal and external audits.

o Ensure compliance with tax regulations and filing requirements.

o Implement and monitor internal controls to safeguard company assets.

Analysis and Support:

o Conduct financial analysis to identify trends, variances, and opportunities for improvement.

o Provide financial insights and recommendations to management.

o Support the finance team with ad-hoc projects and analysis

Budgeting and Forecasting:

o Assist in the preparation and monitoring of budgets and forecasts.

o Analyze variances between actual results and budgeted/forecasted figures.

o Provide recommendations for cost control and efficiency improvements.

Process Improvement:

o Identify and implement process improvements to enhance efficiency and accuracy.

o Develop and update accounting policies and procedures.

o Train and mentor junior accounting staff.

o Foster a collaborative and productive team environment.

Retail Specific Functions:

o Manage accounting for inventory, cost of goods sold, and sales revenue.

o Oversee retail-specific financial operations such as point-of-sale systems and sales tax compliance.

o Collaborate with retail partners to ensure accurate financial reporting and support business operations.

Perform any other role as and when assigned by the supervisor

QUALIFICATIONS

Education:

o Bachelor’s degree in Accounting, Finance, or related field.

o CPA-K

Experience:

o Minimum of 7 years of accounting experience, with at least 3 years in a senior accounting role.

o Experience in the retail and manufacturing industry is highly desirable.

Skills:

o Strong knowledge of financial reporting standards.

o Proficiency in accounting software (e.g Sage, Odoo etc) and Microsoft Excel.

o Excellent analytical, organizational, and problem-solving skills.

o Ability to work independently and as part of a team.

o Strong communication and interpersonal skills.

How to Apply

Interested candidates are invited to submit their resume, cover letter and academic certificate outlining their qualifications and experience to the link

https://victoriahomestore.co.ke/careers/

Achkay Services Ltd is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.