Job Description
PRINCIPAL ACCOUNTANT- CREDIT CONTROL-NKCC/HR.1907 /CO/24/11/2023
Job purpose
To ensure timely collection of debts from credit customers as per the credit policy and ensure
proper posting into the SAP system.
Key responsibilities
▪ Manage debt collection and monitoring credit limits.
▪ Ensure timely collection of all revenues including but not limited to Sales revenue and
rent.
▪ Review expenditure returns from departments, prepare variance analysis and
▪ Interpret financial policies for sound financial principles, practices procedures for
effective internal control.
• Prepare and update debtors and general ledgers daily.
▪ Assist other departmental and sectional managers in the management of their budgets
through regular provision of reliable up to date financial information.
▪ Review the coding of ledger and store items in the system to ensure that is accurate and
sufficient.
▪ Prepare Bank Reconciliation statements for every customer daily.
▪ Verification of payment cheques, Mobile Money, EFTs, and bank transfers.
▪ Ensure all customer accounts are updated and reconciled to the letter.
▪ Prepare debt ageing reports for decision making and advise management on way
forward.
▪ Review vote book entries and undertake monthly variance analysis.
Qualifications and person specifications
▪ Bachelor’s degree in business (Finance/Accounting) or Equivalent qualifications.
▪ Master’s degree in business (Finance/Accounting) or any other relevant qualification will
be an added advantage.
▪ CPA(K) & Certificate in Credit Management
▪ Membership in good standing of the Institute of Certified Public Accountants of Kenya
(ICPAK).
▪ Member in good standing of the Institute of Certified Credit professionals.
▪ A minimum period of eight (8) years in relevant work experience and at least three (3)
years in supervisory role in a position in the Public Service or Private Sector.
▪ Proficiency in computer applications (SAP is an added advantage)