Emerge Egress Consulting is a HR Management & Training Consulting Firm established in 2017 based in Nairobi. In essence it focuses in Recruitment, Business & Marketing Strategy and Training Programs for various sectors. We partner with clients in various industries and sectors in order to meet their various needs.
Role Objective:
Our client in the construction industry is seeking an
experienced accountant with a solid background in the construction industry.
You will be responsible for overseeing financial activities related to various
construction projects, ultimately creating detailed budgets, overseeing
supplier contracts, and verifying invoice statements while displaying excellent
business acumen.
The position will be responsible for ensuring that
there is accurate financial recording through proper preparation of financials
and accurate management report monitoring costs and budgets.
Core Duties and Responsibilities:
- Prepare and analyze financial statements specific to
construction projects and for the organization, including balance sheets,
income statements, and cash flow statements etc
- Ensure accuracy and compliance with regulatory standards.
- Implement and maintain cost accounting systems to accurately
track project costs, including materials, labor, and overhead expenses.
- Preparation of project budgets and forecasts, collaborating
with project managers and stakeholders and Monitor budget performance.
- Track and analyze monthly expenses against the budget.
- Support tax compliance activities, including preparing tax
returns and ensuring timely tax payment for relevant departments.
- General accounting and ledger maintenance: Review financial
transactions and ensure accuracy and completeness of ledger entries.
- Oversee inventory management for the organization.
- Ensure timely preparation of monthly balance sheet and other
financial reports.
- Resolve discrepancies arising from reconciliations accurately
and promptly.
- Identify cost saving opportunities and recommend action to
improve financial efficiency.
- Monitor cost trends and variances and provide detailed reports
to management.
- Perform bank and cash reconciliation.
- Ensure all controlled accounts are reconciled on monthly basis
to avoid any errors.
- Manage project accounting activities, including revenue
recognition, billing, and contract management.
- Conduct financial analysis to evaluate project profitability,
cash flow projections, and return on investment.
- Maintain compliance with regulatory requirements and industry
standards, relevant tax regulations.
- Identify and mitigate financial risks associated with
construction projects, implementing controls and procedures as necessary.
- Performing accounting duties throughout the project, such as
preparing invoices, estimating cash flow, and signing off on purchase
orders.
- Preparing cost analyses by interpreting projects’ financial
data and information.
- Reporting any financial risks and budgetary discrepancies to
management for review.
- Maintaining strong relationships with vendors and suppliers.
- Keeping abreast with both the construction and accounting
industry.
- Underatake banking duties as required.
- Preparation of payroll and preparation of casuals pay as
required.
- Perform other duties as assigned.
Job Specifications and Qualifications:
- Bachelor’s Degree in Accounting, Finance or related field from
a recognized institution.
- Professional accounting qualification (eg CPA,ACCA) preferred
- Minimum of 5 years’ experience.
- Proficiency in an accounting software and ERP Systems and
Microsoft office suite
- Proven experience in accounting, preferably in the
construction or manufacturing sector.
Key Competencies
- Solid analytical and mathematical skills
- Excellent problem-solving skills.
- Strong understanding of construction accounting principles,
including job costing and revenue recognition.
- Excellent analytical skills with the ability to interpret
financial data and trends.
- High level and commitment to accuracy and compliance.
- Effective communication and interpersonal skills.
- Ability to multitask and thrive in a fast-paced environment.
How To Apply
If interested in the position and meet the above
requirements, kindly send your CV on or before 19th July
2024 to the email careers@emergeegressconsulting.com and indicate the position applied for in the subject
line.
