Foundation Accountant at Safal Group

Key Performance Areas

• Cashbook management (registration of cash and bank transactions, bank accounts and cash balances, etc.
• Supervision of the financial movements and funds coming from donors to projects.
• Constantly monitor that expenses are in line with the budget approved.
• Prepare monthly financial reports.
• Prepare the annual budget in consultation with the administrator’s & foundation head for approval by the BOT.
• Prepare Management  reports  for the  Board  of Trustees
• Prepare documents and final financial reports for the donors and for auditor.
• Liaise with the Auditor’s in making the Annual Tax returns for the Foundation.
• Process all statutory payments and returns (SHIF, NSSF, PAYE, etc.).
• Ensure that all project procurements of goods and services are in line with donors’ regulations and guidelines where applicable.
• Prepare contracts with suppliers, partners and service providers, and monitor their administrative compliance with Kenyan law.
• Ensure timely payment of property rent & rates utilities. etc.
• Ensure Annual renewal of insurance policies & timely payment of premiums & pension contributions.
• Bank reconciliation.
• Keep track of advances or loans taken by staff.
• Handle the audits commissioned by donor agencies.
• Quarterly & annual stock taking & update the inventory.

Requirements

Minimum Qualifications and Experience Requirements 

• Minimum academic qualification: Bachelor’s Degree in Business Management and must be a qualified CPA (K) or ACCA 
• Professional registration: ICPAK
• Experience required: minimum of 5 years
• Industry: Foundation/Grant Management