Safaricom Senior Accountant- Stocks Job Vacancy in Kenya

We are pleased to announce the following vacancy within the Finance Division.

In keeping with our current business needs, we are looking for a person who meets the criteria indicated below:

Senior Accountant- Stocks
Ref: FIN-SAS-NOVEMBER 2010

Reporting to the Principal Accountant – Stocks; the job holder will ensure accuracy and completeness of inventory reporting and costing by ensuring that all stocks purchased by the business are properly recognized and valued for inclusion in the financial ledgers in accordance with the Vodafone Accounting policies and International Accounting standards.

The job holder’s key responsibilities will be to:

• Process all stock transactions through Oracle and eliminate month end entries at GL level except on accruals only;
• Ensure that stock transactions / movements (purchases and sales) are agreed to purchase ledger and sales ledger on a monthly basis;
• Prepare monthly cost of sale and balance sheet schedules in accordance to provisions of accounting standards (IFRS) and Policies (Vodafone/ Management);
• Reconcile physical stock balances, the stock ledger and the inventory control account in the general ledger on an ongoing basis;
• Review stock valuation module on an ongoing basis ensuring that all relevant cost elements are captured;
• Ensure a complete spares catalogue exists in the stock ledger for all engineering spares and receipts and issues of spares are processed;
• Ensure a stock movement report by quantity and cost is prepared on a monthly basis;
• Review and report monthly stock take reports by warehouse/care center managers and follow up on the variances;
• Carryout a complete stock take report on a quarterly basis and investigate and issue a report on variances noted;
• Obtain full management approval for stock adjustments resulting from stock take exercise;
• Facilitate detailed Training of the Safaricom stock handlers;

The ideal candidate should possess the following skills and competencies:

• Qualified Accountant CPA (K)/CIMA/ACCA/ACA or equivalent with honors degree from a recognized university. An IT qualification will be an added advantage;
• 4-5 years Accounting experience in a well run company of which 2 should be at a supervisory level;
• Hands on experience working with a computerized accounting system preferably with ERP application;
• Demonstrate proficiency in project management skills and competencies;
• Thorough understanding of the International Financial Reporting Standards and experience in application and enforcement of the standards at the workplace;
• Experience in co-ordination of project activities to completion;
• Ability to critically analyse processes and systems for enhancement of efficiencies and performance;
• Experience in preparation and supervision of basic accounting ledger entries and extraction of the Trial Balance and financial statements;
• Direct involvement in Corporate reporting for financial and management information;
• Ability to relate well with both internal and external customers and work in teams;
• Proactive, confident, self- drive for results with the ability to work under pressure and tight schedules/deadlines and with minimum supervision;
• Leadership skills and ability to train others and enhance their skills and competencies;
• A proven team player with excellent communication and interpersonal skills.

If you meet the requirements and are self driven, proactive and up to the challenge, please send your resume and application letter quoting the job reference number to the address below.

All applications must be delivered on or before Tuesday 9th November 2010.

Senior Manager - Talent Acquisition
Safaricom Limited
Via email to: hr@safaricom.co.ke