MAIN RESPONSIBILITIES:

The Financial Accountant responsibilities include financial reporting and analysis, tax control and planning, budgeting and forecasting, managing tax payments and performing internal audits. You will act as an advisor to the finance manager, conducting cost and revenues analyses. To be qualified for this role, you should have a degree in accounting and relevant work experience. Ultimately, you will ensure all our accounting transactions comply with the law and support Kemcore’s investments.

RESPONSIBILITIES

a) Financial Reporting

• Prepare monthly, quarterly and annual management accounts timeously.
• Preparation of annual financial statements and statutory reporting.
• Prepare financial forecast and budget.
• Analyse companies’ financial trends and performance ratios.
• Ensure inter-company balances are duly reconciled.
• Prepare foreign exchange reconciliations, classifications and impact on results.
• Ensure compliance to all finance policies which included buy not limited to:
  • GL Control Framework Policy
  • Fixed Asset Policy
  • Procurement Policy
  • IFRS compliance

b) Tax control and planning

• Manage all Vat Tax and statutory submissions, payments and reconciliations
• Ensure compliance to Tax Policy
• Engage with tax authorities.
• Vat output and input monthly reconciliations.

c) Budgeting and Budgetary Control.

• Prepare production budgets.
• Monitor product costs and variance analysis to standard costing.
• Updating of Standard cost
• Inventory management.
• Analyse product profitability.
• Prepare variance analysis reports daily on production.
• Prepare variance analysis reports monthly – on all cost drivers.

d)  Other Duties

• Prepare month end payroll reconciliations.
• Prepare debtors and creditor reconciliations
• Update and maintain the fixed asset register
• Safekeeping of the company assets
• Organize internal and external audits.
• Engage with internal and external stakeholders.
• Solving technical accounting queries.
• Staff management.
• Developing and implementation and improvement of internal control environment.
• Any other ad hoc projects or duties.

REQUIRED COMPETENCIES

• Written and spoken communication skills: Ability to write reports and apply accounting concepts and procedures.
• Diplomacy: Ability to exercise patience and tact to secure the cooperation of all stakeholders
• Analytical: Ability to understand complex ideas while presenting them in simple but accurate terms
• Excellent math skills with an attention to detail
• Time-management abilities, able to meet tight deadlines and work under pressure
• Advanced knowledge of MS Excel, Word, Pastel and Sage accounting software

REQUIREMENTS AND SKILLS

• Proven work experience as a Financial Accountant or similar role.
• Having worked for 5 or more years in a similar role.
• In-depth understanding of business accounting procedures.
• Understanding of a manufacturing/production environment.
• Experience in cost accounting.
• Experience in working with multi-currencies and cross border transactions.
• Experience in taxation.
• Solid knowledge of International Financial Reporting Standards.
• Degree in Accounting, Finance or relevant field such as ZICA or ACCA.
• ZICA membership.