Finance Trainee
KOKO Networks
This job is no longer accepting applications
See open jobs at KOKO Networks.See open jobs similar to "Finance Trainee" Shortlist.Accounting & Finance
Nairobi, Kenya
Posted on Mar 8, 2025
We are seeking motivated individuals ready for intensive training, new challenges, and diverse responsibilities within our rapidly expanding finance team.
As a trainee, you will gain hands-on experience across Accounting, Tax, and Treasury, equipping you with a well-rounded foundation in financial management. Your initial responsibilities will include assisting in financial transaction preparation to support our East Africa operations while ensuring regulatory compliance. As you progress, you will rotate through key areas such as Accounts Payable, Petty Cash, Treasury, Tax, and Payroll, allowing you to develop into a strong finance professional.
Join us and take the next step in building a successful career in finance!
What You Will Bring
- Bachelors Degree in accounting or finance related field or CPA/ACCA.
- 0-1 Years professional experience. Having worked with an ERP is an added advantage (Odoo, Dynamics, SAP, Oracle etc.).
- Audit firm experience is an added advantage.
- Positive Attitude - Open to learning, adaptable, and flexible.
- Resilience - Ability to work under pressure and handle challenges effectively.
- Growth Mindset - Continuously seeks improvement in skills and performance.
- Proven Excellence - Demonstrated success in any field.
- Language Proficiency - Strong spoken and written communication skills in both Swahili and English.
Answer the following questions and upload your answers to the assessment exercise question.
1. Name Statutory deductions & their respective deadlines.
2. Withholding VAT and withholding tax rates and their deadlines.
3. Please share 3 components of cashflow.
4. Jane is employed at XYZ Company Limited Earning 100,000. Please prepare a payroll journal entry.
5. At what point is input VAT apportionment applied and illustrate input VAT apportionment formula.
6. XYZ Ltd acquired an asset for Kes 100,000 and incurred incidental costs of Kes 20,000. Please prepare a fixed asset journal entry.
7. What is working capital?
8. What is the difference between an accrual and a provision.
9. Company XYZ has a license covering 1 year from January 2025 to December 2025. Please give a journal entry/entries of how this will be recorded in XYZ the books throughout the year.
10. Name three main categories of tax supplies.
11. Company XYZ engaged a law firm for an assignment for Kes 200,000. Please give journal entries for:
a) Posting the initial bill in the books
b) Payment of the journal
This job is no longer accepting applications
See open jobs at KOKO Networks.See open jobs similar to "Finance Trainee" Shortlist.
