Assistant Accountant at Cosmos Limited

Cosmos Limited

  • Kenya
  • Permanent
  • Full-time
  • 2 months ago
The brain child of Prakash Patel, a talented pharmacist who migrated to Kenya in 1958. He quickly realised the fact that almost all medicine was being imported from abroad. Good medicine was expensive and out of the reach of the majority who were low and middle income earners. This led to the formation of Cosmos and a dream to manufacture quality and affordable medicines locally. Not only was that dream realised but Cosmos has grown to become the most reputable pharmaceutical manufacturer in east and central Africa.Assistant AccountantJob Summary
  • To support the Finance Department in the efficient processing of accounts payable, treasury operations, and tax compliance. The role ensures timely payment of obligations, proper cash management, and accurate preparation and filing of statutory taxes, while maintaining financial integrity and compliance with internal controls and regulatory standards.
Key responsibilitiesAccounts Payable
  • Process supplier invoices and staff reimbursements in a timely and accurate manner.
  • Ensure all payments are properly authorized and supported by valid documentation.
  • Maintain an accurate accounts payable ledger and perform regular reconciliations.
  • Liaise with vendors to resolve discrepancies and respond to payment queries.
Treasury Operations
  • Monitor daily cash balances and prepare cash position reports.
  • Support in cash forecasting and ensure sufficient liquidity for operational needs.
  • Process bank payments and transfers accurately and on time.
  • Reconcile bank statements with internal records on a regular basis.
Tax Compliance
  • Prepare and file statutory tax returns (e.g., VAT, PAYE, withholding tax) in line with regulatory deadlines.
  • Reconcile tax accounts and ensure timely payment of tax liabilities.
  • Assist with tax audits and maintain appropriate documentation and records.
  • Stay up to date with changes in tax legislation and advise the team accordingly.
Qualifications
  • Bachelor’s degree in Accounting, Finance or its equivalent from a recognized institution;
  • CPA (K)/ ACCA or its equivalent would be desirable.
  • Three (3) years’ experience in a busy working environment in a similar role.
  • Familiar with use of MS Office, in particular advanced Excel skills, Conversant with accounting software such as Sage e.
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