Accountant

About this role

The Accountant will be responsible for performing finance and administrative tasks within the Institute following established standards and procedures. This position requires the ability to plan, develop, organize, direct, and coordinate a range of activities related to general ledger, accounts payable, cash management, payroll, and accounts receivable and produce the necessary regular financial plans and reports on strict deadlines

Responsibilities

• Preparation of the Institute’s accounts.
• In charge of monitoring acquisition, distribution, storage and accountability for all institute property
• Maintenance and regular updating of the Institute’s fixed assets, inventory and any other property of the institute,
• Preparation and management of the Institute’s payroll.
• Ensuring that there are processes and controls are in place to ensure that there is accuracy and integrity of the financial information.
• Developing the Institute’s annual and termly budgets plus budget management and controls, working closely with the Institute’s management staff,
• Monitor the activities and budget performance of the various projects and programs, ensuring compliance with appropriate regulations, MVTI policies and procedures, and accepted financial practice and standards; coordinate remedial action as necessary.
• Ensure that accurate and complete accounting, reporting and internal control systems are functioning and that all relevant records are maintained.
• Respond to external auditors’ financial checks observations and provide timely information needed to respond to the findings.
• Ensure accurate and timely disbursement of funds, ensuring that payment is made to vendors, implementing partners, service providers and other stakeholders.
• Filing statutory returns i.e. PAYE, NSSF and Income tax.

Requirements

• The applicant should hold a Bachelor’s Degree in Accounting or Commerce or Business Administration from a recognized institution, or any other relevant Degree or qualification,
• Membership in professional qualifications like ACCA, CPA etc is an additional advantage,
• A minimum of three years’ experience working in an Accounting or Finance function of a Tertiary educational institution at a senior management level,
• Knowledge of financial planning and budget management principles, policies, laws, and regulations, as applied to Educational Institutions,
• Ability to supervise and train employees, to include financial procedures, organizing, prioritizing, and scheduling work assignments,
• Excellent computer skills, especially Microsoft Office and use of electronic accounting packages,
• Excellent communication skills both oral and written.