About THK:
The Hub Karen is a member of the Janus Continental Group (JCG), a group comprising of market-leading companies in the Energy, Real Estate, Conservation and Hospitality sectors.
The Hub Karen is the first-open air mall in the region integrating green energy. Offering so much more than a shopping mall, the vibrant community centre features a premier shopping location, open spaces, adventurous experiences and a manmade lake for recreational activities.
Following its opening in 2016, The Hub Karen quickly became the jewel of Nairobi. With its captivating architecture, many international brands opt to use The Hub Karen as their strategic launch pad into the Kenyan market.
The mall’s vision is to become the leading family destination in Nairobi through expanding on its food and entertainment offerings.
Job Purpose:
The overall purpose of the Accountant role is to maintain the general ledger, enforcing financial policies and controls in order to facilitate the respective business entities in financial management and critical decision making.
Key Responsibilities:
Book Keeping and Financial Reporting (45%):
- Prepare and facilitate approval of the annual budgets and forecasts.
- Coordinate closure of financial period and ensure timely and accurate reconciliation of General ledger accounts.
- Review adherence to finance company policies and procedures by supporting departments.
- Safeguard & manage the accounting of assets and resources against loss, theft and ineffective use by installing and maintaining appropriate internal control systems. Report exceptions in the self-audit report.
- Carry out bank reconciliations as per set timelines and advise management on outstanding issues with the bank.
- Liaising with and provide information to internal and external auditors and to statutory bodies in line with statutory laws and regulations.
- Ensuring proper books of account are maintained and statutory & Management accounts prepared accurately and on time.
- Perform assigned bookkeeping activities leading to end month reporting and preparation of Monthly Management Reports.
- Prepare weekly debtors reports for subsequent follow up with arising queries.
- Assisting in budget preparation, forecasts and monitoring against actual performance.
- Prepare payments approval schedules and make payments of all authorized invoices through bank transfers or cheques within agreed timelines.
- Carry out supplier payment/ Asset creation and GR/IR reconciliations. Fixed assets reconciliation to the General Ledger.
- Review the financial records and ensure that records are up to speed with statutory requirements and high-quality management reports.
- Ensure that sales invoices are accurately raised in real time.
- Actively participate in the yearly budget preparation through providing relevant data inputs in line with the operating plan.
- Provide input for the monthly cash flow reports within stipulated timelines.
- Perform checks and bank/ cash reconciliations within agreed timelines.
- Reconcile on a timely basis the Trial Balance and maintain schedules that agree with the Trial Balance.
- Generate debtor and supplier reconciliation reports to support collections, enable key decision making regarding overdue accounts and supplier evaluation.
- Prepare cash flow forecasting to ensure planned expenditure and creditor/supplier obligations are met within acceptable timelines.
- Preparation of Income statements accompanied statistics to facilitate strategic decision making.
Process Excellence (35%):
- Document and ensure the operational procedures are adhered to.
- Develop a checklist and monitor all payments processed and those yet to be processed.
- Identify areas of improvement in cost optimization and process efficiency in line with operating standards.
- Safeguard business documentation by having a proper filing system in place of all financial records.
- Facilitate purchasing activities including purchasing requisitions, quotations and LPO.
Compliance (20%):
- Enforce credit controls and procedures as directed by the finance and accounting policies.
- Perform filling of monthly tax and other statutory returns including VAT, Withholding tax, NSSF & NHIF.
- Participate in planned internal audits and address audit findings within the prescribed timelines.
- Make statutory payments within the stipulated timelines to avoid penalties from suppliers.
- Maintain adherence to all the statutory requirements and company policies.
Knowledge; Skills and Experience required for this Role:
- Bachelor’s Degree in Accounting/ Finance or any related discipline.
- Professional qualification in accounting i.e. Certified Public Accountant (CPA-K) or Association of Certified Chartered Accountants (ACCA).
- At least 3 years of experience in accounting/ finance.
- Thorough knowledge of accounting concepts, practices, procedures, and financial reports.
- Understanding of related regulations, statutes, and filing requirements
- Knowledge of mall management operational & statutory requirements
- Strong problem-solving skills.
- Good communications skills.
- Strong negotiation skills
- Ability to prioritize and to meet commitments.
Kindly submit your application for consideration before December 26th, 2024.
Please be aware that due to the high volume of applications, only successful candidates will be contacted.
