Junior Accountant - Nairobi - Hospitality at Emerge Egress Consulting

About the Role

We invite applications from suitably qualified candidates for a Junior Accountant position based in Nairobi. This role offers the opportunity to develop your accounting career in the hospitality sector, working with a dynamic team to manage financial operations and ensure accurate financial reporting.

Core Duties and Responsibilities

• Prepare and present accurate and timely financial statements, including income statements, balance sheets, and cash flow statements
• Ensure compliance with accounting standards and regulatory requirements in financial reporting
• Monitor and manage cash flow, optimizing liquidity to meet operational needs
• Implement strategies to efficiently manage working capital, balancing receivables and payables
• Identify and assess financial risks, developing and implementing risk mitigation strategies
• Conduct thorough cost analysis to identify areas for cost savings and efficiency improvements
• Implement measures to control expenses while maintaining operational effectiveness
• Ensure compliance with local authorities, statutory bodies, and tax authorities, as well as with internal controls
• Manage accounts receivable
• Prepare information for and execute monthly invoicing cycles and reconciliations
• Prepare management reports, financial statements, and other finance-related reports and correspondence
• Resolve finance-related queries and issues
• Manage creditors and ensure timely payments, taking into account settlement discounts
• Oversee collection of all debts where required and assist with problem-solving
• Maintain and nurture strong relationships with banking partners to optimize financial services
• Ensure smooth and efficient bank reconciliations and transaction management
• Ensure timely and accurate payments to suppliers while maintaining positive relationships and optimizing cash flow
• Maintain records and documentation for financial transparency
• Perform any other duties as allocated

Qualifications and Requirements

• Bachelor's degree in Finance, Accounting, or Financial Management
• CPA Intermediate Level (preferred)