The Accountant at East Africa National Distribution Share Company (EAND S.C.) is responsible for supporting the financial and accounting operations by managing accurate financial data, ensuring compliance with regulatory requirements, and contributing to financial reporting and analysis. The accountant will perform a range of functions, including recording transactions, preparing reports, assisting with budgeting processes, and providing essential support to the Financial Manager. This role is integral to maintaining the company’s financial health and supports the organization’s strategic goals, including cost control, operational efficiency, and business growth.

1. Financial Recording and Reconciliation

   • Maintain accurate and up-to-date financial records by recording all transactions in the general ledger.

   • Perform daily, monthly, and quarterly reconciliations of bank accounts, accounts payable, and accounts receivable.

   • Ensure completeness, accuracy, and timeliness in all financial documentation.

2. Financial Reporting and Analysis

   • Assist in preparing monthly, quarterly, and annual financial statements, including income statements, balance sheets, and cash flow statements.

   • Conduct variance analysis and report findings to the Financial Manager to support budgeting and forecasting activities.

   • Generate ad hoc reports for financial management and analysis as required.

3. Compliance and Financial Controls

   • Adhere to internal financial policies and controls to safeguard company assets.

   • Ensure compliance with all relevant financial regulations, tax laws, and accounting standards (e.g., IFRS, GAAP).

   • Assist in audits by preparing documentation and responding to auditor queries.

4. Accounts Payable and Receivable

   • Process and record accounts payable and receivable transactions, ensuring timely and accurate invoicing and payments.

   • Monitor outstanding receivables and follow up on overdue accounts to maintain cash flow efficiency.

   • Reconcile vendor statements and resolve discrepancies in a timely manner.

5. Budgeting and Cost Control Support

   • Support the budgeting process by collecting financial data, preparing reports, and monitoring budget adherence.

   • Track expenses and identify opportunities for cost reduction and resource optimization.

   • Collaborate with other departments to provide financial insights and support cost management efforts.

6. Payroll and Expense Processing

   • Assist in payroll processing by ensuring accurate calculation and timely disbursement of employee salaries and benefits.

   • Manage and process employee expense claims, ensuring adherence to company policies.

7. System Management and Data Integrity

   • Ensure accurate data entry and integrity in financial software and ERP systems.

   • Maintain a strong working knowledge of accounting systems, recommend improvements, and troubleshoot any issues.

   • Regularly update accounting processes and procedures to enhance efficiency and accuracy.

8. Customer and Vendor Relations

   • Liaise with suppliers and customers regarding invoicing, payments, and account reconciliations.

   • Respond to queries from vendors, customers, and internal departments with accuracy and professionalism.

Job Requirements

• Bachelor’s degree in Accounting, Finance, or a related field.

• Professional certifications are highly desirable.

  Experience:

        Minimum of 3 years of experience in accounting, preferably in a distribution, logistics, or construction materials industry.

• Experience in general ledger accounting, financial reporting, and compliance.

How To Apply

Qualified candidates are invited to submit their resume and a cover letter detailing and your relevant experience and achievements to only recruit@eastafricanholding.com