Centum is East Africa's leading investment company listed on the Nairobi Securities Exchange and Uganda Securities Exchange. We are an investment channel providing investors with access to a portfolio of inaccessible, quality, diversified investments.

Two Rivers Power Company, Two Rivers Water and Sanitation and Two Rivers Property Owners are integral to the Two Rivers Precinct, delivering essential utility and shared services that enable the precinct to operate efficiently. Together, they provide reliable power, water and sanitation services, and the management of shared infrastructure; supporting a vibrant, sustainable and integrated city experience.

The Senior Accountant will be responsible for management of financial reporting, financial operations and compliance for Two Rivers Power Company, Two Rivers Water Company and Two Rivers Property Owners. The role reports to the Financial Controller, Centum Investment Company Plc. The specific responsibilities include:

Prepare annual budgets for the utility companies;
Prepare forecasts for the companies with accompanying analysis and commentary of the forecasts against budgets, strategy and prior year.

Budgeting and Forecasting

Completion of monthly finance close procedures and reporting of financial results;
Preparation of monthly performance reports with accompanying analysis and commentary of the performance against budgets, strategy and prior year;
Preparation of monthly balance sheet reconciliations and the necessary journal entry adjustments;
Analyzing complex financial data and actively recommending corrective actions as necessary; and
Assist in the ad hoc financial analysis and preparation of technical papers as and when requested.

Management accounting and reporting

Preparation of statutory financial statements in accordance with IFRS and applicable local regulations;
Preparation of company financial analysis and commentary for the Board; and
Support the external auditors during the statutory audit and ensure timely completion of the statutory audit process.

Statutory Reporting

Regular assessment of the company’s liquidity needs and ensure accounts are funded to meet obligations;
Accurate and timely preparation of short- and medium-term cash flow forecasts including analysis of bank balances and preparation of the weekly and ad hoc cash position reports; and
Liaising with bankers on the operation of the Company’s bank accounts.

Treasury Management

Developing and implementing sound accounting policies & processes;
Ensure procurement is done in line with the procurement policy;
Regular review and validation of the General Ledger, oversee receivables processing, payables processing, payroll processing, bank reconciliations and other finance operational procedures.
Lead customization and integration efforts to make accounting and supporting systems fit for purpose in relation to the business needs.
Monthly tax filing, including preparation of tax schedules for filing of taxes, ensuring timely tax payments and proper tax accounting.

Finance Operations

Work closely with the Risk department and Business unit leaders in identifying key risks facing the business and update the risk register on an ongoing basis; and
Internal Audit support including provision of information during audits and implementation of recommendations therefrom

Risk Management & Internal Audit

Education

Bachelor’s degree in Business Administration, Commerce, Accounting, or a business-related field.
CPA(K) or equivalent qualification is mandatory.
A member of ICPAK, ACCA or similar association.
Minimum of 5 years’ experience, preferably in a utility company or related industry.
In-depth understanding of International Financial Reporting Standards (IFRS) and tax regulations.
Advanced MS Excel skills with superior analytical skills.
Hands-on experience with accounting software like SAP will be an added advantage.