Accounts Officer
Nairobi, Nairobi
Posted 10 days ago
- Company:
- Emerge Egress Consulting
- Company Description:
- Emerge Egress Consulting is a Dynamic HR Management & Training Consulting Firm established in 2017 based in Nairobi. In essence it focuses in Recruitment, Business & Marketing Strategy and Training Programs for various sectors. We partner with clients in various industries and sectors in order to meet their various needs.
- Contract Type:
- Full Time
- Experience Required:
- 1 year
- Education Level:
- Diploma
- Number of vacancies:
- 1
Job Description
Emerge Egress Consulting is a HR Management & Training Consulting Firm established in 2017 based in Nairobi. In essence it focuses in Recruitment, Business & Marketing Strategy and Training Programs for various sectors. We partner with clients in various industries and sectors in order to meet their various needs.
Role Objective:
Our client is an Engineering firm is seeking an experienced accounts officer. You will contribute to the financial activities ultimately displaying accurate financial recording, computation and reporting.
Core Duties and Responsibilities:
• Prepare and analyze financial statements specific to construction projects and for the organization, including balance sheets, income statements, and cash flow statements etc
• Ensure accuracy and compliance with regulatory standards.
• Implement and maintain cost accounting systems to accurately track project costs, including materials, labor, and overhead expenses.
• Preparation of project budgets and forecasts, collaborating with project managers and stakeholders and Monitor budget performance.
• Track and 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 accuracy and completeness of ledger entries.
• Oversee inventory management for the organization.
• Ensure timely preparation of monthly balance sheet and other financial reports.
• Resolve discrepancies arising from reconciliations accurately and promptly.
• Identify cost saving opportunities and recommend action to improve financial efficiency.
• Monitor cost trends and variances and provide detailed reports to management.
• Perform bank and cash reconciliation.
• Ensure all controlled accounts are reconciled on monthly basis to avoid any 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, relevant tax regulations.
• Identify and mitigate financial risks associated with construction projects, implementing controls and procedures as necessary.
• Performing accounting duties throughout the project, such as preparing invoices, estimating cash flow, and signing off on purchase orders.
• Preparing cost analyses by interpreting projects’ financial data and information.
• Reporting any financial risks and budgetary discrepancies to management for review.
• Maintaining strong relationships with vendors and suppliers.
• Keeping abreast with both the construction and accounting industry.
• Undertake banking duties as required.
• Preparation of payroll and preparation of casuals pay as required.
• Perform other duties as assigned.
Job Specifications and Qualifications:
• CPA Intermediate Level
• At least 1 years' experience.
• Proficiency in an accounting software and ERP Systems and 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 and commitment to accuracy and compliance.
• Effective communication and interpersonal skills.
• Ability to multitask and thrive in a fast-paced environment.