Exciting Career Opportunity: Accountant at Mission for Essential Drugs and Supplies (MEDS)
About MEDS
Mission for Essential Drugs and Supplies (MEDS) is a leading faith-based health solutions provider established in 1986 through an ecumenical partnership between the Kenya Conference of Catholic Bishops (KCCB) and the Christian Health Association of Kenya (CHAK). Our core mission is to provide reliable and affordable Health Products and Technologies, Quality Assurance, and Health Systems Strengthening Services. We serve clients across Kenya, Africa, and beyond, making a significant impact in the healthcare sector.
Position: Accountant
Location: Nairobi, Kenya
Reporting to: Chief Accountant
Job Overview
MEDS is seeking a highly skilled Accountant to oversee tax accounting, ensure compliance with KRA regulations, and manage financial aspects of donor-funded projects. The ideal candidate will play a key role in reconciling tax accounts, processing payments, and preparing financial reports in line with donor and regulatory requirements.
Key Responsibilities
- Reconcile tax sub-ledgers, including PAYE, VAT, and Withholding Tax, with the general ledger to ensure accuracy and compliance with KRA regulations.
- Process tax declarations and payments promptly to avoid fines and penalties.
- Prepare and submit VAT and Withholding Tax sub-ledgers, revenue and expenditure reports, and VAT returns in compliance with existing laws.
- Generate periodic tax lead schedules, including VAT 3 Schedule and IT2 Schedule, to facilitate internal and external financial audits.
- Assess and ensure organizational compliance with taxation laws and provide training on regulatory changes.
- Prepare and analyze project budgets and financial reports on a monthly, quarterly, and annual basis to monitor project performance in line with donor requirements.
- Conduct import cost analyses by calculating all pre-shipment and post-shipment cost elements to assess the viability of imports and justify pricing.
- Process payments for temporary staff by accurately tabulating and posting amounts to the relevant ledgers to ensure timely disbursement.
- Implement audit resolutions related to taxes, project reports, and other financial matters.
- Continuously review the organization’s compliance with taxation laws and recommend necessary changes.
Job Requirements
- Bachelor’s Degree in Finance or a business-related field.
- Certified Public Accountant (Finalist) or equivalent.
- Registration with ICPAK is an added advantage.
- Minimum of five years of experience, including at least two years in accounting within a tax environment.
- Strong knowledge of Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS).
- Familiarity with Generally Accepted Government Audit Standards (GAGAS) and the Code of Federal Regulations.
- Excellent analytical, communication, problem-solving, and interpersonal skills.
- High attention to detail and critical thinking ability.
How to Apply
If you meet the above requirements and are ready to contribute to a dynamic and impactful organization, submit your application, including a detailed CV stating your current position, current or last gross salary, and expected gross salary to:
Email: [email protected]
Deadline: 28th February 2025
Only shortlisted candidates will be contacted.
