Accountant job at Simba Group

Organization:

Simba Group

About the Organization:

At simba, we believe that communication is a right, not a luxury. We have been working hard since the Mobile industry began in East Africa to help make this dream become a reality.

We are the largest distributor of airtime in East Africa, working with the biggest network in Uganda (MTN) and Kenya (Safaricom)
We also are one of the largest retailers in East Africa with over 100 retail outlets and are partnered with Nokia, Samsung, Tecno mobile and Redmi to sell high quality mobile phones.

Job Description

Accountants play a crucial role in ensuring the financial health and compliance of organizations by managing and analyzing financial data, preparing financial reports, and providing strategic financial advice

Duties and Responsibilities

Financial Reporting: Prepare financial statements, including balance sheets, income statements, and cash flow statements, to provide accurate and timely information on the financial performance of the organization.
Bookkeeping: Maintain accurate and up-to-date accounting records by recording financial transactions, posting journal entries, and reconciling accounts to ensure accuracy and completeness.
Budgeting and Forecasting: Assist in the development of budgets and financial forecasts by analyzing historical data, identifying trends, and projecting future financial performance to support decision-making processes.

Financial Analysis: Analyze financial data, variances, and trends to identify areas of improvement, opportunities for cost savings, and potential risks to the organization's financial health.
Tax Compliance: Prepare and file tax returns, ensure compliance with tax laws and regulations, and assist in tax planning strategies to minimize tax liabilities and optimize tax benefits for the organization.
Internal Controls: Implement and maintain internal controls and procedures to safeguard assets, prevent fraud, and ensure compliance with accounting standards and regulatory requirements.
Audit Support: Assist with internal and external audits by providing documentation, reconciliations, and explanations of financial transactions and processes to ensure audit readiness and compliance.
Financial Systems Management: Utilize accounting software and financial management systems to streamline processes, improve efficiency, and enhance the accuracy and reliability of financial data.
Financial Planning and Analysis: Provide financial analysis and support for strategic planning initiatives, investment decisions, and business expansion opportunities to support the organization's growth objectives.
Advisory Services: Provide financial advice and guidance to management, stakeholders, and departments within the organization on matters such as budget management, cost control, revenue enhancement, and financial risk management.

Qualifications and Experience

Education: A bachelor's degree in accounting, finance, or a related field is typically required for entry-level accountant positions. Some employers may prefer candidates with a master's degree or professional certifications such as CPA (Certified Public Accountant) or CMA (Certified Management Accountant).
Experience: Relevant work experience in accounting or finance is often preferred, especially for mid-level or senior accountant positions. Experience with financial reporting, auditing, tax preparation, or financial analysis may be required depending on the role.
Knowledge of Accounting Principles: Strong knowledge of accounting principles, practices, and standards (e.g., GAAP - Generally Accepted Accounting Principles) is essential for performing accounting duties accurately and effectively.

Analytical Skills: Excellent analytical skills are necessary for interpreting financial data, identifying trends, and making informed recommendations for financial decision-making.
Attention to Detail: Accountants must have a high level of attention to detail to ensure accuracy in financial records, reports, and calculations.
Computer Proficiency: Proficiency in accounting software, spreadsheet applications (e.g., Microsoft Excel), and financial management systems is important for performing accounting tasks efficiently and effectively.
Communication Skills: Strong communication skills, both verbal and written, are essential for interacting with colleagues, stakeholders, and external parties, as well as for preparing financial reports and presenting financial information.
Ethical Standards: Accountants are expected to uphold high ethical standards and integrity in their work, particularly when handling sensitive financial information and making financial decisions.
Problem-Solving Abilities: The ability to identify issues, analyze root causes, and develop solutions to financial problems or challenges is important for accountants to succeed in their roles.
Time Management: Effective time management skills are necessary for managing multiple tasks, meeting deadlines, and prioritizing work in a fast-paced accounting environment.