Accountant Job in Kenya

 Job Title: Accountant

Hiring Organization: Education
Development Center
Location – Locality: Nairobi
Location – Region: Kenya
Industry: Not For
Profit
Job Type: Full
Time
Salary: KES
Competitive
Date Posted: 01/30/2024

Company
Description

Education
Development Center (EDC) is a global nonprofit that advances lasting solutions
to improve education, promote health, and expand economic opportunity, with a
focus on vulnerable and under-served populations. Since 1958, we have been a
leader in designing, implementing, and evaluating powerful and innovative
programs in more than 80 countries around the world.

EDC
promotes equity and access to high quality education and health services and
products that contribute to thriving communities where people from diverse
backgrounds learn, live, and work together. We support an inclusive workplace
culture that embraces many perspectives and broadens our understanding of the
communities we serve, enhancing and enriching our work.

EDC is
committed to equity, diversity and inclusion in the workplace.

Position
Description


The
Accountant will assist the Finance and Administration Manager in performing
project accounting tasks. S/he will be responsible for preparing timely and
accurate financial reports and assisting in the preparation of financial
spreadsheets, cash flow forecasts, data entry, corresponding with vendors, as
appropriate, and ensuring the project is compliant with USAID financial
regulations. This position reports to the Finance and Administration Manager. 

Essential
Functions will include, but are not limited to: 

Supports
the Finance and Administration Manager in conducting day-to-day finance
operations, including enforcement of EDC and USAID policies, procedures and
systems.

Supports
the Finance and Administration Manager in the preparation of project monthly
financial reports and tracking of spending against the approved budget.

Manages
the process of clearing bills, advance reconciliation, payments, and vouchers,
including a review and certification of supporting documentation to ensure it
is compliant with local tax laws, as well as USAID and EDC policies.

Records
project transactions in QuickBooks, utilizing the correct charge codes and
monitoring alignment to budgeted activities.

Prepares
the bank reconciliation of each account prior to the monthly close.

Prepares
weekly cash flow needs for review by the Finance and Administration Manager and
approval by Chief of Party and follow up with U.S. Home Office for wiring.

Monitors
and reports on vendor payment schedules and obligations.

Monitors
employee advance aging and ensures timely liquidation.

Works
closely with the EDC US Home Office to ensure timely reconciliation of monthly
expense reports and responds to any inquiries, as necessary.

Assists
in the preparation of monthly financial spreadsheets, cash flow forecasts in
accordance with appropriate procedures.

Provides
necessary information to payroll service provider to ensure salaries are being
processed in accordance with requirements.

Prepares
and submits required DA-1 form and associated supporting documentation on a
monthly basis as part of seeking approval for VAT refunds. Follows up with
individual vendors for tax refunds once requests have been approved.

Previews
all back-up documentation to ensure completeness, accuracy, and full compliance
with EDC policies and procedures. Ensures all supporting financial
documentation is scanned and digitally archived on a monthly basis per EDC file
retention policies.

Ensures
the safeguarding of checks and other office documents such as vehicle licenses,
contracts, and leases in conjunction with HR / Office Manager.

Demonstrates
a high level of professionalism and ethics when dealing with documentation and
related information on sensitive and confidential matters, as well as with EDC
colleagues.

Conducts
checks on compliance with USAID’s Anti-Terrorist Certification (“ATC”)
regulations.

Other
duties as required.

Qualifications

The
candidate for the position of Accountant shall have at a minimum the following
qualifications:

Education:

Secondary
education required; additional technical or collegiate education desirable

Skills
and Experience:

4 to 5
years of direct relevant experience in accounting required;

Experience
supporting large USAID or other international donor-funded projects required;  

Proficiency
working with QuickBooks accounting system required; 

Proficiency
in MS Excel and MS Word;

Knowledge
of Kenyan labor and tax laws, specifically regarding VAT refunds;

Detail-oriented
and organized; 

Must be
able to work within a cross cultural setting, negotiate diplomatically, and
function well under pressure; 

Ability
to work independently, as well as within a team in difficult work environment;

Certified
Public Accountant.

Click
Here To Apply

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