The accountant will be responsible for several major duties:

• Document financial transactions by entering account information.
• Recommend financial actions by analyzing accounting options.
• Prepare payments by verifying documentation, and requesting disbursements.
• Prepare accurate and properly analyzed monthly/annual financial statements and in the set deadlines. The financial statements must be in accordance with international financial standards.
• Participate in the year end external audit of the company and in support in ensuring accurate statutory financial statements as audited and released on time.
• Responsible for the Company’s tax compliance, tax planning, accounting for income taxes and preparation of tax returns
• Maintaining relations with TRA, tax advisers and advising other departments on all tax matters.
• Ensure all payments subjected to withholding taxes are dealt with accordingly and withheld amounts are remitted to TRA within the stipulated time frame.
• Develop and oversee accounting policies and procedures to meet both current and future business models.
• Collect data to determine costs of business activity such as material purchases, inventory and labor.
• Develop cash flow forecasting and maintain a long term cash forecast.
• Maintain an expenses database and determine fixed costs (e.g. salaries, allowances etc.)
• Analyze actual operational costs and prepare periodic reports; compare standard costs to actual operational costs.
• Record cost information for use in controlling expenditures.
• Provide management with reports specifying and comparing factors affecting profitability of services
• Prepare monthly and annual returns.
• Process and prepare monthly statutory payments, such as NSSF, WCF, HESLB, NHIF, PAYE, SDL. These should be paid within the statutory deadlines.
• In consultation with the Finance & Administration Manager, prepare payments relating to corporate tax on a quarterly basis.
• Analyze and report profit margins.
• Identify and recommend cost-effective solutions.
• Periodic review of the inventory of fleet, equipment, spare parts and other movable assets is accurately maintained.
• Perform any other duties as shall be reasonably assigned to you by management from time to time.

Required profile for job ad : Accountant

Requirements

• Accountant General Skills and Qualifications:
• Bachelor’s Degree in Accounting, Finance or relevant study,
• In-depth understanding of Generally Accepted Accounting Principles (GAAP),
• Hold Certified Public Accountant (CPA) and / or ACCA
• Cost Accounting Knowledge,
•  Minimum work experience of 5 years in a related field.
•  Must have a strong Cost systems background and have excellent analytical skills; sound understanding of accounting principles.
• Ability to accurately prepare daily, weekly, monthly, quarterly and annual reports
•  Excellent analytical skills with an attention to detail,
• Deadline-Oriented,
• Confidentiality,
• Microsoft Office literacy.