Accounting Job at Centum
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Nairobi, Kenya
Job summary
Accountant at Centum
About this role
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Senior Accountant
Job Type: Full Time
Qualification: Bachelor’s Degree, CPA(K)
Experience: 5 years
Job Field: Accounting / Finance
Job Purpose
The Senior Accountant will oversee accounting activities and financial reporting for Two Rivers International Finance & Innovation Centre (TRIFIC). The position will manage transaction processing, budgeting and forecasting, treasury activities, general ledger administration, statutory reporting and regulatory compliance.
The role will also be responsible for supporting and managing project accounting activities across the organisation.
Key Responsibilities
Budgeting and Forecasting
Coordinate the preparation of the organisation’s annual budgets.
Develop financial forecasts and provide detailed analysis and commentary comparing projected results with approved budgets, strategic objectives and previous-year performance.
Financial Reporting
Prepare monthly financial performance reports for the company and its subsidiaries, including analysis of actual results against budgets, long-term strategy and prior-year performance.
Provide financial analysis and prepare technical papers for executive management whenever required.
Prepare consolidated Board materials covering budgets, forecasts and financial performance.
Statutory and Financial Statements
Prepare statutory financial statements in compliance with IFRS and applicable local laws and regulations.
Work closely with external auditors by providing requested documentation and information and supporting the audit process through to timely completion.
Prepare monthly, quarterly, half-year and annual financial statements and reports for the company and consolidated entities.
Treasury Management and Corporate Finance
Develop and maintain rolling cash flow forecasts to support effective liquidity management.
Monitor outstanding payables and engage suppliers on appropriate credit and payment arrangements.
Allocate collections appropriately against obligations as they fall due.
Prepare debt covenant compliance reports covering the key terms of each financing facility, current compliance position and projected compliance over the following 12 months.
Maintain comprehensive and accurate records of all financing facilities held by the company.
Provide lenders and financiers with information required under facility agreements, including cash flow forecasts, management accounts, compliance certificates and other required KYC documentation.
Work closely with the Financial Controller on financial analysis, financial modelling and preparation of information required to support fundraising activities and management of existing borrowing facilities.
Risk Management and Internal Audit
Collaborate with the Risk Department and Leadership Team to identify significant risks affecting the organisation's various business operations.
Ensure the risk register is reviewed and updated regularly.
Support internal and external audit processes by providing requested information and documentation.
Follow up on audit findings and ensure recommendations from internal and external auditors are appropriately addressed.
Education and Experience
Bachelor’s degree in Accounting, Finance, Business Administration or another relevant business-related discipline.
CPA(K) or an equivalent professional accounting qualification is mandatory.
At least five years of relevant accounting and finance experience.
Strong knowledge of International Financial Reporting Standards (IFRS), International Accounting Standards (IAS) and applicable tax legislation.
Advanced proficiency in Microsoft Excel.
Strong numerical, analytical and quantitative abilities.
Practical experience using accounting systems such as SAP will be an added advantage.