Accountant – Accounts Receivable

Accountant – Accounts Receivable

Department:
Finance
Project Location(s):
Nairobi
Job Type:
Accountant – Accounts Receivable

Job Profile

Job Title:   Accountant –Accounts Receivable

Job Reference:  Finance/1/2022

Organization:   ACCOSCA

Department:  Finance Department

Reporting to:   Head of Finance

Location:   Head Office

Background

ACCOSCA is a Pan African confederation of national associations of savings and credit cooperatives societies established in 1968. The organization was revitalized in 2009 having been defunct from 1999.

The General Assembly which currently comprises of twenty-eight countries is the highest organ of the organization. Currently, ACCOSCA has developed programs aimed at empowering and promoting cooperatives in Africa and is collaborating with various government bodies, development agencies and research institution in her service delivery to promote financial inclusion in Africa. Overall ACCOSCA aims at: Promoting the establishment of an institutional framework for mobilizing personal saving and credit cooperatives, Capacity Building, Technical Assistance, Information exchange and Research on topical issues and address them amicably. ACCOSCA is instituting change in her organization that is guided by the current strategic plan which is a five-year plan from 2022 -2026 with a view of turning around the institution.

ACCOSCA Mission

To empower SACCOS in Africa through technical programs

ACCOSCA Vision

To promote Financial Inclusion in Africa

Main purpose of the job

The main purpose of this position is to ensure timeliness, accuracy and integrity of the accounting system and reports that come therefrom. The other duty is to ensure that the supporting documents used for processing accounting data are adequate and due process is followed. The role demands that you should have excellent organizational skills and be able to handle time-sensitive tasks. More specifically, you should be able to ensure that all revenue activities are well recorded and collected with supporting documentation preserved.

Job Objective: Responsibilities of Accountant

Responsibilities related to accounts receivable

  1. Performing general bookkeeping duties, like invoicing clients, recording cash receipts, reconciling specified bank accounts and updating accounting software logs.
  2. Maintaining the billing system and addressing any billing discrepancies in a timely manner.
  3. Maintaining accurate accounting ledgers that are in line with best practices.
  4. Following up with past-due accounts for collections.
  5. Keeping line manager informed of any issues.
  6. Receiving and handling invoicing and billing-related mail.
  7. Communicating with other department heads regularly as required in consultation with the line manager.
  8. Drafting and submitting financial reports and statements that detail the status of accounts receivable to the line manager.
  9. Prepare donor specific reports as guided by line manager.

Other duties

  1. Establish and monitor the implementation and maintenance of accounting control procedures.
  2. Monitor and support taxation issues.
  3. Maintain an accurate filing of receipts and other financial documents by keeping accurate financial records and a proper register of all receipts.
  4. Ensure accurate and appropriate recording of revenues.
  5. Liaise with administration assistant to ensure smooth operations of the other departments especially in the audit of travel vouchers and reconciliation of travel advances.
  6. Management of Fixed assets including ensuring existence and condition.
  7. Involved in budgeting activities to produce accurate forecasts as requested by the Head of Finance.
  8. Assist in monthly Financial and management reporting as requested by the Head of Finance.
  9. Supporting the Head of Finance with annual and ad hoc auditing activities.
  10. Any other duties that may be assigned by your supervisor

Possible Difficult/Stressful Conditions

a)     All round pressure to achieve deadlines.

b)    Limited resources against several competing ACCOSCA needs.

c)     Risks and consequences of making financial mistakes.

d)    May work during odd hours.

Background Requirements

Education: Formal Qualifications

  • Essential: Bachelor of Degree Accounting, Finance or Its equivalent or Business Administration.
  • Desirable: Professional qualification as a CPA/ACCA is considered a plus.

Personal Specification

Essential: Minimum of 3 years’ experience in the Accounting Department.

  • Solid knowledge of financial and accounting procedures.
  • Experience using financial software.
  • Advanced MS Excel skills.
  • Knowledge of financial regulations.
  • Excellent analytical and numerical skills.
  • Time management skills.
  • Strong ethics, with an ability to manage confidential data.
  • Excellent problem-solving ability -The ability to find ways of solving or pre-empting problems.
  • Keen eye to detail.
  • Tax Compliance from KRA.
  • Certificate of Good conduct.

All interested candidates to submit their CV, relevant certificates and a cover letter clearly demonstrating knowledge, experience, and motivation as well as highlighting suitability for the assignment to info@accosca.org on or before 29th March 2022

Title
Accountant Job Advert (Accounts Receivable)
32 downloads
Contact Us