Cheif Accountant
Impact Fitness & Beauty Center (SMC) & Innovative Code Co. (event management)
Total years of experience :23 years, 9 Months
• Responsible of overall financial and accounting function of the company.
• Leading team of 7 accountants and 16 cashiers.
• Preparation of financial analysis of operations, including interim and final financial statement with supporting schedules, presenting to management.
• Pricing of our various beauty retail products.
• Involved in price agreements with our consignors on goods under consignments.
• Formulating cost control procedures and ensuring implementation.
• Arranging, preparing and acting as the Central Point of Contact for relationship with external auditors.
• Creating detailed policies and procedures and Internal control in support of the Finance Team as a whole and contribute to business combination activities using financial modeling.
• Preparing annual budgets and forecasts and reviewing them giving necessary advice to the CEO.
• Liaising with the banks, suppliers, and our affiliated parties on behalf of the company.
• Maintaining integrity of general ledger and Chart of Accounts and opening new GL accounts as necessary.
• Partnering with the IT department on issues relating to system development with regard to accounting & finance.
• Follow-up daily cash deposits to the banks and bank reconciliation statements as well.
• Supervise preparation of quarterly and annual inventory.
• Follow-up on accurate entries in the Fixed Assets register.
• Ensure accurate posting of accounting entries in general ledger.
• Verifying purchase orders and receiving notes thereof.
• Supervise accurate preparation of payment vouchers, receipt vouchers and journal entry vouchers.
• Delegation of tasks among accountants to effectively achieve financial objectives. Submission of reports and comparative analysis of data as per needs.
Reporting to the Chief Accountant
Worked with a team of 6 employees in the accounts department.
Preparing Monthly financial statements.
Preparing bank reconciliation statements.
Reporting to BSP regarding the quantity of share coupons sold on a monthly basis.
Disbursing payments to IATA Billing & Settlement Plan (BSP).
Preparing the payroll.
Preparing annual budgets and forecasts and reviewing them giving necessary advice to the Co. Director.
Preparing timely tax returns and ensuring payment on time.
Preparing monthly statements.
Bank reconciliation statements.
Stock control.
Checking daily revenues.
Posting journal vouchers to the general ledger.
Banking cash collections
Preparing suppliers payments
Any other accounting job as amy have been required
An Accountants, Auditors & Tax Consultants Company, Nairobi Kenya .
Ensuring compliance with established internal control procedures by examining records, reports, operating practices, and documentation.
Verifying assets and liabilities by comparing items to documentation.
Completing audit work papers by documenting audit tests and findings.
Appraising adequacy of internal control systems by completing audit questionnaires.
Preparing special audit and control reports by collecting, analyzing, and summarizing operating information and trends.
Communicating audit findings by preparing a final report; discussing findings with Companies’ management.
Monitoring activity and file maintenance in accounting records and data processing systems.
Reviewing cash control procedures and monitors safeguarding of assets.
Determining if the system of authorization and recording procedures are adequate to provide reasonable accounting control over assets, liabilities, income and expenses.
Undertaken the Certified Public Accountants (CPA) course in Kenya.