Vacancy title:
Cost Accountant
Jobs at:
ICT AuthorityDeadline of this Job:
02 May 2022
Summary
Date Posted: Tuesday, May 24, 2022 , Base Salary: Not Disclosed
JOB DETAILS:
Cost Accountant
Job Description
The duties and responsibilities entail:
• Target costing of the project, prepare margin analysis and trace costs back to activities
• Develop cost accounting framework that facilitate reporting of contribution margins;
• Preparation of the budget, control and periodic financial reporting;
• Monitor budget utilization to ensure efficient utilization of allocated funds and alert management of any risks exposure;
• Examine monthly expenditure controls and commitments to identify possible budget
• deficits and alert management to allocate additional funds or control expenditure;
• Review of financial procedures and policies in line with the regulations while ensuring compliance with internal controls;
• Analyze, reconcile and maintain the general ledger accounts, while establishing any un reconciling items;
• Prepare monthly journal entries and adjustments, including supporting document documentation and appropriate descriptions;
• Prepare and analyze income statement and balance sheet schedules for annual audit;
• Coordinate external and internal audits and ensure its effective implementation of recommendation;
• Preparation and submission of financial, accounting and management reports on weekly, monthly, quarterly and annually for decision making
• Coordinate monthly cash books and bank reconciliations;
• Preparation and management of weekly, monthly and annual cash flows forecasting and reporting;
• Revenue collection, reconciliation and reporting
Job specification
For appointment to this grade, a candidate must have:
• Bachelor’s degree in Commerce, Accounting, Economics or Business Administration, or related field
• Certified Public Accountant of Kenya (CPAK)
• At least three (3) years’ work experience, in a Private or Public Sector;
• A member in good standing of the Institute of Certified Public Accountants of Kenya (ICPAK)
• Proficiency in computer applications;
• Demonstrated results in work performance; and
• Meet the requirements of Chapter Six (6) of the Constitution
Competencies and Skills
• Negotiation and communication skills
• Management skills
• Analytical skills
• Knowledge of accounting packages
• Attention to details
• Problem solving skill
Work Hours: 8
Experience in Months: 36
Level of Education: Bachelor Degree
Job application procedure
Email your application letter accompanied with a copy of the National Identity Card/Passport, current detailed CV in PDF format clearly indicating your current position, scanned copies of academic and professional testimonials, current and expected remuneration to the following email address: recruitment@eaglehr.co.ke
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