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July 11, 2024

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Job Description

About the job

Accountant – Two Rivers International Finance and Innovation Centre (TRIFIC)

Two Rivers International Finance and Innovation Centre (TRIFIC) is the only services-focused Special Economic Zone (SEZ) in Kenya, offering new and exciting prospects for global, regional, and Kenyan service-oriented business enterprises seeking a competitive and advantageous base to access international markets.

TRIFIC seeks to recruit an Accountant who will be responsible for accounting operations and reporting, transactions processing, preparation of budgets and forecasts, Treasury management, GL maintenance and statutory reporting and compliance.

Key Accountabilities

Budgeting and Forecasting

Prepare annual budgets and forecasts for the Company with accompanying analysis and commentary of the forecasts against budgets and the long-term strategy and prior year. Financial reporting

Prepare monthly performance reports for the company, with accompanying analysis and commentary of the performance against budgets, long-term strategy, and prior year. Assist in the preparation of ad hoc financial analysis and technical papers as and when requested by the executive management. Statutory reporting

Prepare statutory financial statements in accordance with IFRS and applicable local regulations. Liaise with external auditors in providing necessary information and supporting the audit process to ensure timely completion of the audit. Preparation of quarterly, half-year and full-year company and financial statements and reports for the company. Treasury Management & Corporate Finance

  • Preparation of Cash Flow Forecasts Monitor payables, negotiate with suppliers on credit and payment terms, allocate collections to maturing obligations for the company. Maintain a complete and accurate record of all facilities across the company. Provided information to financiers in accordance with Facility agreements including: Cash Flow forecasts, management accounts, compliance Certificates and other KYC as may be required by the Lenders.

Risk Management & Internal audit

Work closely with the Risk department, Business Unit leaders, and subsidiary managing directors in identifying key risks facing the various businesses and update the risk register on an ongoing basis. Internal Audit support – Provide information during internal audits; act on findings and recommendations of both the internal and external auditors. Project Accounting and Finance Operations

  • Project cost control, working jointly with project managers and QS to review budget spend against board approved budgets and contracts and SAP Contractor/vendor Statements as a basis for reviewing payments and recommending them for approval. Ongoing project or portfolio profitability forecasting based on communicated prices, projected costs and other expenses and advising Management on pricing and cost management. This role includes project/portfolio budgetary control, both monitoring and reporting on variances. Ensure that all procurement is done as per the procurement policy and report on non-compliance. Regular review and validation of the GLs, over-see receivables processing, Payables processing, Payroll processing, bank reconciliations, and other period-end procedures. Monthly tax filing – prepare tax schedules for filing of taxes, ensure timely tax payments and proper tax accounting for the company and the entities within the Group.

Education And Experience

  • Bachelor’s degree in a business-related field CPA(K) or equivalent qualification is mandatory 4 years accounting experience In-depth understanding of International Financial Reporting Standards (IFRS), International Accounting Standards (IAS) and tax regulations. Advanced MS Excel skills. Aptitude for numbers and quantitative skills