Accountant at Hotpoint Appliances Manages financial record-keeping, reconciliation, ledger management, tax compliance, and reporting. Requires Business/Accounting degree, CPA(K) or ACCA, and 2 years’ accounting experience in retail or distribution. Full-time.
Job Purpose
- The role is responsible for processing transactions, maintaining
proper books of accounts, preparing financial reports, plans, forecasts,
analysis and to facilitate effective decision making across the
organization. The role has responsibilities for Cash and Tax accounting.
- The role aims to provide timely, accurate and complete financial
information and to come up with data-driven insights on how to optimize
costs and drive business performance in an optimal way.
- The role entails the analysis of the company’s key overheads, tax
and cost drivers.
Job Responsibility and Accountability
- Process transactions, maintain proper, up-to-date books of accounts
and prepare financial reports, ensure compliance with policies and
procedures, and assist the Finance / Treasury / Credit Manager in all
finance operations-related tasks.
- Prepare, consolidate and track financial entries and ensure
completeness and accuracy.
- Monitor and control costs.
- Review and approve journals.
- Prepare reconciliations, commentaries and reports to explain actual
performance Vs Budgets and other comparatives.
- Analyze trends on past and current revenues, margins, overheads, tax
to provide insights that enable the management to anticipate and plan for
the future.
- Analyse the impact of tax, change of accounting policy, procedures
and other initiatives.
- Prepare and analyze finance-related reports.
- Collaborate / assist other accountants and build strong partnerships
cross-functionally.
- Develop templates for analyzing different scenarios for overheads,
revenues, margins, working capital etc.
- Identify and analyze tax savings opportunities for the company.
- Drive revenue and cost optimization initiatives
- Provide the management with analysis and advice on cost optimization
and allocation.
- Use qualitative and quantitative techniques to gauge the efficiency
and effectiveness of overheads utilization (e.g use of ratios).
- Perform cost / benefit analysis for proposed, current and closed
projects and initiatives, including outsourced services, leasing, pricing,
discounts e.t.c
- Proactively partner with and advise non-finance team members on
revenues and cost control and optimization.
- Working closely with the retail, sales, marketing and supply chain
teams to map out cost optimization opportunities and project
forecasts.
- Participate in the cross-functional review and analysis of cost
center reports.
- Assist the Financial Accountant to conduct the finance training as
part of an upskilling and awareness creation program.
- Go for structured trade visits to develop a deep commercial
appreciation of the business
- Perform pre and post implementation evaluation of the effectiveness
of cost optimization initiatives.
- Monitor and evaluate the cost efficiency of each department.
- Overheads’ budget and tax controls / process checks & reviews
- Controls and compliance: Facilitate audits and perform
self-assessments on overheads/tax
optimization procedures, policies and initiatives.
- Coach / train other accountants in the team.
- Work with line managers on development plan.
- Work cross-functionally to implement and improve financial data,
systems and reports.
- Participate in various committees or task forces geared to business
performance improvement, strategy development and execution.
- Carry out ad hoc assignments as assigned from time to time by the
line Manager, Financial Accountant and CFO.
Qualification and
Experience
- Bachelor’s degree in finance, accounting, economics from an
accredited University.
- Membership of a recognized professional accountancy body (e.g. CFA,
CPA or ACCA).
- Minimum 2 years’ relevant experience in a busy Finance environment.
- Must be conversant with Microsoft Office Tools (Excel, Word,
PowerPoint).
- Experience in working with analytics tools such as BI, Qlik,
Business Warehouse e.t.c will be an added advantage.
Key
Skills:
- Interpretation of financial information with a commercial lens.
- Stakeholder and risk management experience.
- Excellent financial modelling skills.
- High attention to detail, excellent analytical and presentation
skills.
- High level of integrity and confidentiality.
- Ability to build collaborative relationships across the
organization.
- A strong team player with demonstrated experience in leading and
working with teams.
- Knowledge of commercial finance best practices.
How to Apply
Interested and qualified
candidates should forward their CV to: careers@hotpoint.co.ke using the position as
subject of email.
