OUT-SOURCED ACCOUNTING SERVICES
Budgeting & Cash flow Projections
- Preparation of Budgets and Preparation of cashflow projections
- Preparation of cashflow projections
Book Keeping
- Set-up chart of accounts
- Ensure that all transactions are recorded accurately and timely into the financial management system
- Implement financial operational best practices
- Prepare and review monthly bank reconciliations
- Prepare monthly management reports
Tax Advisory
- Preparation and submission of VAT, WHT, CGT returns on ITAX
- Preparation and submission of income tax returns on ITAX
- Application of Compliance certificates
OUT-SOURCED PAYROLL SERVICES
- Payroll processing for staff including multi-currency contracts
- Computing gross earnings for contracts negotiated NET of taxes
- Preparing payroll reports for approval
- Processing and emailing employee pay slips
- Remitting returns and payments for monthly statutory deductions on behalf clients to KRA, NSSF, NHIF, HELB
- Processing p9 reports for employee for annual returns
CASH/FUND MANAGEMENT
Partnering with Donor agencies and other organizations to provide
- Custodian services for project funds
- Management and disbursement of donor funds as per grant guidelines
- Ensure funds are spent on the agreed upon activities
- Processing and emailing employee pay slips
- Due diligence on sub-grantee/ sub-awards
FINANCIAL REPORTING
Preparation of IFRS Financial Statements in readiness for Financial statement audits