Chief Accountant

Nairobi - Kenya

Monthly Salary: Not Disclosed

Experience Required: 5years

Posted on: 07-11-2025

Vacancies: 1 Vacancy

Job Summary

We are looking for a Chief Accountant who will be responsible for managing financial records ensuring compliance with statutory requirements and supporting accurate financial reporting. The role will ensure efficiency in all accounting operations including accounts payable and receivable inventory reconciliation payroll preparation and management reporting. Experience in the manufacturing industry is preferred as this position involves working closely with production and logistics teams to maintain accurate cost records and financial accountability throughout the assembly process.

PRIMARY RESPONSIBILITIES

Financial Management & Reporting

Prepare and maintain accurate financial statements and reports in compliance with International Financial Reporting Standards (IFRS) and Kenyan accounting regulations.
Support monthly quarterly and annual closing processes ensuring timely and accurate financial reporting.
Assist in preparing management reports for decision-making including expense analysis revenue summaries and cost variance reports.
Reconcile all bank accounts and ensure proper documentation of transactions.
Monitor company expenditures ensuring they align with approved budgets and financial controls.

Accounts Payable & Receivable

Manage supplier accounts ensuring timely payment processing and reconciliation of supplier statements.
Oversee invoicing credit control and debt collection to maintain optimal cash flow.
Ensure accurate posting of all transactions into the accounting system.
Track and verify petty cash usage ensuring proper authorization and documentation.

Inventory & Cost Accounting

Maintain accurate records of raw materials components and finished goods.
Conduct periodic inventory reconciliations in collaboration with the warehouse and production teams.
Support product costing analysis and contribute to pricing strategies based on cost structures.
Identify and investigate variances between physical stock and system records.

Compliance & Audit

Ensure full compliance with tax and statutory obligations including VAT PAYE NSHIF NSSF and corporate tax.
Support both internal and external audits by providing necessary schedules reconciliations and supporting documentation.
Implement and maintain sound internal control systems to safeguard company assets and data integrity.

Payroll & Staff Expense Management

Prepare monthly payroll and ensure accurate computation of deductions and benefits.
Maintain up-to-date employee records in coordination with the HR department.
Manage employee reimbursements and advances in line with company policies.

Collaboration & Process Improvement

Work closely with the procurement production and logistics teams to ensure financial accuracy across all operational functions.
Identify opportunities for process improvements within the finance function to enhance efficiency and accuracy.
Participate in financial planning forecasting and budget formulation.

Requirements

Bachelors degree in Accounting Finance or a related field.
CPA (K) qualification or equivalent professional certification required.
Minimum of 5 years of experience in accounting preferably within a manufacturing or assembly environment.
Proficiency in accounting software (experience with zoho is a plus) and advanced MS Excel skills.
Strong knowledge of Kenyan tax laws financial regulations and reporting requirements.
Excellent analytical organizational and problem-solving skills.
High attention to detail and accuracy in financial record-keeping.
Ability to work collaboratively in a fast-paced dynamic manufacturing environment.
Strong ethical standards and a high level of integrity.