PZ Cussons is a dynamic consumer products group. We’ve created some of the world's best-loved and most trusted brands.
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- Contents
- Open Jobs
- Financial & Reporting Accountant
- Assistant Accountant - Credit Control
- Method of Application
- Job TypeFull Time
- QualificationBA/BSc/HND
- Experience
- LocationNairobi
- Job FieldFinance / Accounting / Audit 
The Financial and reporting Accountant reports to the Head of Finance and is responsible for providing effective supervision of the Accounts Receivable, Accounts Payable, payroll and Cash-flow and treasury services and managing liquidity both for local and foreign currency on a daily basis. Other areas include tax compliance and management to ensure that company is in compliance with the relevant statutory requirements .
RESPONSIBILITIES
Tax compliance & Management
- Ensure that all Govt taxes such as Corporation taxes, VAT,P.A.Y.E, import duty, excise duty are paid by due dates .
- Liaising closely with tax authorities to ensure that all queries raised are addressed on time
- Identify tax planning opportunities that may exist in the Company
Financial Reporting
- Developing, implementing and maintaining sound management controls to ensure compliance with overall Company control requirements.
- Preparation of monthly management reports
- Preparation of annual financial statements
- Maintaining adequate systems of internal controls needed to safeguard assets, ensuring accurate financial reporting and compliance with policies and procedures.
- Ensuring compliance with accounting systems and procedures. Ensuring financial statements and reports are prepared in compliance with statutory and other regulatory requirements.
- Co-ordinating Annual external audits
Maintenance of the General ledger by
- Ensuring that all general ledger reconciliations are performed as per agreed deadlines
- Review of all general ledger reconciliations
- Ensure that no reconciling items are older than 1 month
- Raise red flag on internal control issues that are likely to pose a risk to the organisation
Payroll management
- Internal controls around payroll are maintained/ improved
- Ensure timely reconciliation of the payroll related control accounts in the General ledger and no reconciliation issues older than one month
Supplier Management (Accounts payable)
- Ensure that suppliers are paid as per agreed terms,
- Supplier accounts reconciliations are performed on monthly basis
- All disputed items are resolved on a timely basis and no outstanding issues older than 1 month
- Ensure that good relationship with company suppliers is maintained at all times
Treasury and cashflow management
- Ensuring that there is a long-term plan for capital investment for modernization and expansion of facilities, including appraisals for capital projects, and there is in place a financing plan for such projects.
- Managing liquidity in both local and foreign currencies on a daily basis.
- Overseeing the preparation of daily and weekly cash flow reports.
- Ensuring compliance with the treasury policy.
- Developing procedures and recommending system changes that facilitate accurate and timely completion of treasury transactions.
- Ensure that company internal controls around cash and Bankings are complied with at all times
- Ensure Daily bank reconciliations are performed without fail
- Keep track of all bank charges, commissions, bank guarantee charges and other tariffs charged by the bank and ensure that they are as per agreement
- Petty cash control and management
Account Receivable management
- Ensure internal controls around accounts receivable are complied with
- Ensure that customer credit limits are strictly managed as per company
- Ensure that exemption reports on customers with overdue accounts are generated and circulated to members of the management team on a monthly basis
- Ensure customer statement are generated on a monthly basis and passed to National Sales Manager for onward distribution to customers
- Ensure that customer accounts aging analysis is generated, reviewed and red flag raised on customers with overdue accounts
People management and development
- Demonstrate effective leadership of the team working under you
- Managing team and individual performance through regular reviews, monitoring objectives and ensuring development needs are identified and actioned.
- Providing clarity to the team working under you
- Performance management
- Put in place people development & empowerment initiatives such as training and couching
- Job TypeFull Time
- QualificationBA/BSc/HND
- Experience
- LocationNairobi
- Job FieldFinance / Accounting / Audit 
Account Receivable management
- Ensure internal controls around accounts receivable are complied with
- Ensure customer account are reconciled, circularized and balances signed off with Customer on quarterly basis
- Ensure that customer credit is managed as per company policy and Budgeted debtors days are achieved through timely collection of overdue accounts
- Liaise with customers to ensure good customer relationship is maintained
- Ensure that customers settle their accounts on a timely basis as per the approved terms
- Accurate Allocation of receipts from customers.
- Customer statement of account reconciliations
- Ensure an exemption report of accounts with exceeded limits is generated monthly and circulated to HOF, MD and Heads of Sales
- Ensure that exemption reports on customers with overdue accounts are generated and circulated to members of the management team on a weekly basis i.e. on Mondays after week end close
- Ensure customer statement are generated and circulated on a monthly basis for onward distribution to customers by the 2 day after month end close
- Ensure that customer accounts aging analysis is generated, reviewed and red flag raised on customers with overdue accounts by day 2 after month end close
- Ensure that the debtors aging report is accurate through timely and accurate allocation of payments against invoices in SAP
- Ensure that the AR ledger agrees with the GL control accounts (140010, 140020 & 141030) by 9th day after month end close
- Provisions for bad debts using ECL model
- Reconciliations for Revaluations accounts and sundry debtors on a monthly basis by WD9.
- Resolving customers queries on a timely basis
- Performing any other work as may be allocated from time to time
Commercial Finance Roles
- Maintenance and management of core trade, accruals and settlement in SAP (customer agreement management in SAP)
- Management of Customer JPF fund and ensuring no cost overruns against set budget
- Customer activations management and settlement
- Ensure customers issue TIMS compliant invoices for promo and rebate payments.
- Manage the AR/AP interface in SAP for promo/Rebate invoices posting
- Pre and post promo analysis ensuring only projects with ROI that are in line with business expectations are implemented
- Tradex management including monthly analysis and advising management on areas where spend can be optimized for better ROI
Cash flow management
- Prepare and submit to Head of Finance a cash collection forecast every Tuesday after month end close
- Achieve >85% cash collection accuracy monthly as measured by actual cash collected versus target
- Achieve the budgeted debtor’s day by driving cash collection in conjunction with the commercial teams
Method of Application
Use the link(s) below to apply on company website.
