WTS Energy logo

Accountant (Petroleum Retail)

WTS Energy

Nairobi, KenyaPosted Posted today
go
excel
cpa

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Job description

Key Responsibilities

  • Reconcile daily station sales against POS reports, pump readings, cash collections, M-Pesa, card transactions, credit sales, and bank deposits.
  • Ensure accurate recording of fuel, specialty products, convenience shop sales, and non-fuel income in Odoo ERP.
  • Reconcile fuel and other inventory movements, investigate stock variances, and coordinate stock valuation with the Inventory/Costing Accountant.
  • Verify station expenses, petty cash reconciliations, supplier documentation, and approved expenditure against budgets.
  • Monitor customer receivables, credit sales, outstanding collections, and unbanked revenue, escalating discrepancies promptly.
  • Reconcile electronic collections and ensure compliance with applicable VAT, eTIMS, and internal accounting requirements.
  • Monitor product margins, inventory losses, non-fuel income, and potential revenue leakage.
  • Prepare daily, weekly, and monthly sales, collections, stock variance, and financial performance reports.
  • Support month-end closure, management accounts preparation, audits, and periodic stock counts.
  • Maintain accurate financial records, reconciliation schedules, and supporting documentation for audit purposes.
  • Identify control weaknesses, irregular transactions, and unexplained variances, recommending corrective action.
  • Perform other duties related to retail accounting, financial reporting, and financial controls as assigned by the Head of Finance.

Required Qualifications

  • Bachelor's degree in Accounting, Finance, Commerce, or a related field.
  • CPA(K) qualification or equivalent recognised professional accounting qualification.
  • Minimum 3 years' relevant accounting experience, preferably in petroleum retail, FMCG, or multi-site retail operations.
  • Practical experience in sales and bank reconciliations, inventory accounting, receivables, and financial reporting.
  • Experience using ERP systems, preferably Odoo, and familiarity with POS systems.
  • Working knowledge of Kenyan VAT and eTIMS requirements.
  • Strong analytical, numerical, reconciliation, and Microsoft Excel skills.
  • High attention to detail, integrity, confidentiality, and accountability.
  • Good communication and organisational skills, with the ability to meet reporting deadlines and coordinate across departments.

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