Senior Accountant
Protea Hotel by Marriot -Kampala
Total years of experience :16 years, 6 Months
• The installation and interpretation of all accounting records
• The preparation and interpretation of the financial statements and reports.
• Continuous audit of all accounts and records.
• Taking and costing of all physical inventories.
• Preparation and filing of tax returns and to the supervision of all matters relating to taxes.
• The preparation and interpretation of all statistical records and reports.
• Formulating and implementing best practice financial management strategies, policies and accounting systems.
• Participating in developing long-term corporate strategy and business plans.
• Organizing and coordinating reviewing of performance against budget.
• Designing and implementing systems and controls for monitoring financial processes and procedures.
• Directing, overseeing and coordinating the work of Accounts Assistants to ensure accurate and timely preparation of monthly, quarterly and annual financial statements.
• Reviewing and interpreting the income statement and financial statements. Advise senior Management and the Board on all financial matters including capital commitments and investment plans of the group.
• Developing and implementing cost rationalization strategies to ensure reduction of overall operating costs.
• Training and developing accounting staff to ensure financial management functions and responsibilities are effectively and efficiently discharged to enhance financial integrity and safeguard company assets.
• Responding to issues raised by the external auditors
• The maintenance of adequate records of all contracts and leases.
• The preparation or approval of the regulations or standard practices
• Financial analysis and Variance Analysis
• Management of the treasury functions
Ensuring clear and efficient reporting to Finance Divisional Director
•Formulating and implementing best practice financial management strategies, policies and accounting systems.
•Participating in developing long-term corporate strategy and business plans.
•Providing guidance and expertise in formulation of forward budgets and cash flow projections for the Units and the Group.
•Organizing and coordinating reviewing of performance against these.
•Designing and implementing systems and controls for monitoring financial processes and procedures.
•Directing, overseeing and coordinating the work of Unit Accountants to ensure accurate and timely preparation of monthly, quarterly and annual financial statements.
•Reviewing and interpreting the Units’ and the Group’s trading reports and financial statements. Advise senior Management and the Board on all financial matters including capital commitments and investment plans of the group.
•Developing and implementing cost rationalization strategies to ensure reduction of overall operating costs.
•Training and developing accounting staff to ensure financial management functions and responsibilities are effectively and efficiently discharged to enhance financial integrity and safeguard company assets.
•Handling both internal and external audit queries
•Preparation of schedules for audit purposes
•Handling tax and tax management of group and inter companies
•Consolidation of group account up to final accounts - profit and loss, balance sheet, trial balance and cash flow
•Management of group loan accounts
•Financial forecast - projection of revenues and expenditures
•Application of financial engineering tools in analysis and evaluation of group financial performance
•Foreign currencies - gains and losses, valuations and analysis
•Maintenance of group fixed asset registers and regular depreciation and valuation
•Compliance with international accounting standards in preparations of final accounts
•Investment evaluations and close monitoring of new businesses
•Preparations and presentation of management accounts to the board of directors.
•Analysing financial movement for decision making by the directors
•Engineering financial procedure for increasing efficiency, profit, cost reductions performance and output.
Overseeing that monthly accounting cycle is completed on time
•Responsible for producing monthly Income statements as per GAAP and circulating them
•Prepared all Balance sheet reconciliation schedules and compliance certificates presented to the Group financial Director for approval by the 21st of every month.
•Interact extensively with internal and external auditors to coordinate interim and year-end audits.
•Review actual and accrued entries compared to plan in revenue, cost, operating expenses, and account balances before publication
•Formulating budgets for the unit.
Leader of a dedicated Accounts Receivable team of six people with a core responsibility of ensuring that bills and billing process complied with contracts, special rates and statutory regulations.
•Reviewed and enhanced Micro Fidelio system setup
•Ensured that a guest ledger/ park fees and air package reconciliations are clean.
•Reviewed and approved credit notes
•Prepared timely and accurate debtors aging report.
•Using managerial skills and excellent communication harmonized work flow
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courses: Certified Public Accountant Kenya (C.P.A), KCA University