Principal Accountant – Credit Control

NKCC/HR.1907 /CO/24/11/2023

Job purpose

To ensure timely collection of debts from credit customers as per the credit policy and ensure proper posting into the SAP system.

Key responsibilities

•  Manage debt collection and monitoring credit limits.
•  Ensure timely collection of all revenues including but not limited to Sales revenue and rent.
•  Review expenditure returns from departments, prepare variance analysis and
•  Interpret financial policies for sound financial principles, practices procedures for effective internal control.
•  Prepare and update debtors and general ledgers daily.
•  Assist other departmental and sectional managers in the management of their budgets through regular provision of reliable up to date financial information.
•  Review the coding of ledger and store items in the system to ensure that is accurate and sufficient.
•  Prepare Bank Reconciliation statements for every customer daily.
•  Verification of payment cheques, Mobile Money, EFTs, and bank transfers.
•  Ensure all customer accounts are updated and reconciled to the letter.
•  Prepare debt ageing reports for decision making and advise management on way forward.
•  Review vote book entries and undertake monthly variance analysis.

Qualifications and person specifications

•  Bachelor’s degree in business (Finance/Accounting) or Equivalent qualifications.
•  Master’s degree in business (Finance/Accounting) or any other relevant qualification will be an added advantage.
•  CPA(K) & Certificate in Credit Management
•  Membership in good standing of the Institute of Certified Public Accountants of Kenya  (ICPAK).
•  Member in good standing of the Institute of Certified Credit professionals.
•  A minimum period of eight (8) years in relevant work experience and at least three (3)
•  years in supervisory role in a position in the Public Service or Private Sector.
•  Proficiency in computer applications (SAP is an added advantage)

Method of Application

In addition to the Qualifications and requirements set above, successful candidates for the above positions shall be expected to fulfil the requirements of Chapter Six of the Constitution.

Qualified and interested applicants who meet the above requirements are required to send their application in HARD COPIES quoting the Title and Reference Number of the position applied for on the cover letter and envelope, together with a detailed Curriculum Vitae, indicating current salary, copies of certificates, testimonies, and the contact information of at least three referees to:

 Chief Manager, Human Resources and Administration

New Kenya Co-operative Creameries Ltd

P.O. Box 30131 – 00100

NAIROBI.

 All applications should be sent through the above address ONLY and received not later than 5 p.m. on 8th December 2023.