Financial Accountant Job at Jambojet… See details on how to apply for the opportunities available at Jambojet.
Descriptions;
Jambojet, a brand of Kenya Airways, is Kenya’s first low-cost airline. Operating from Jomo Kenyatta International Airport in Nairobi, Jambojet has set to revolutionize the way you travel by opening up the skies for all to fly for less. We aim to provide affordable air travel because flying really is for everyone. What’s more, Jambojet has a wide variety of value added services to ensure that you enjoy your flying experience in the manner that best suits you and your pocket. And because we are a wholly-owned subsidiary of Kenya Airways, you can be assured of top quality service and adherence to the highest international safety standards.
RESPONSIBILITIES:
Payables
- Review and verify the intercompany account between Kenya Airways and Jambojet and make payments in adherence to the signed SLA agreement.
- Manage all external supplier payments and reconcile all supplier accounts, including Kenya Airways.
- Remit statutory deductions and taxes including but not limited to corporate tax, VAT, PAYE, government uplift taxes, withholding tax, railway development levy, etc.
Revenue Reporting
- Account for revenue per flight
- Reconcile the revenue account;
- Balance sheet
- Profit & loss
- Liability accounts
- Revenue accounts
Budgets and Forecasts
- Coordinate the process of preparing annual budgets with respective business heads.
- Provide cost center managers with monthly cost center reports for their review and sign off.
- Manage the accrual process
Reconciliation of Accounts
- Reconciliation of the Bank Accounts and the revenue suspense accounts
Tax
- VAT calculation and filing
- Processing and ensuring payment of VAT on time
- Calculating and ensuring payment of the various taxes from time to time
- Fixed assets
- Managing the fixed assets register and ensuring accurate computation of depreciation
- Ensuring periodic verification of fixed assets
Minimum Requirements
- Bachelor’s degree in Finance related course from an accredited university
- Qualified Accountant CPA (K)/CIMA/ACCA/ACA and University Degree from an accredited university
- Atleast 5 years experience in Accounting/Finance
- Thorough understanding and working knowledge of International Financial Reporting Standards (IFRS) and International Accounting Standards (IAS)
- Compliance in the use of a standard chart of accounts (SCOA) and compilation of the General ledger in conformity to the SCOA
- Working knowledge of monthly reconciliations across a large company Understanding and application of internal controls for transactions processing in preparation of the financial accounts
- Preparation of periodic statutory accounts for over a period of at least 2 years
- Highly computer literate with intermediate level proficiency in MS Office applications i.e. word, excel, PowerPoint, MS Project, Outlook
- Solid understanding of accounting software principles.
- Intermediate knowledge in working with an ERP system preferably with Oracle/SAP applications.
