Accountant
JOB DESCRIPTION
POSITION: Accountant
DEPARTMENT: Finance
REPORTING TO: Manager – Finance
SUMMARY OF RESPONSIBILITIES:
The Accountant, reporting to the Finance Manager, is responsible for managing the day-to-day accounting functions and ensuring the accuracy of financial records. In collaboration with the Financial Analyst, the Accountant plays a critical role in budgeting, financial reporting, and maintaining strong internal controls. This position supports the Finance Manager in decision-making by providing timely and accurate financial insights, ensuring compliance with accounting standards and regulations.
KEY DUTIES AND RESPONSIBILITIES:
Financial Reporting & Strategic Management
- Prepare accurate and timely financial reports, including monthly, quarterly, and annual statements, in compliance with IFRS.
- Collaborate with the Financial Analyst on financial planning, budgeting, and forecasting.
- Support the Finance Manager in presenting financial results and analysis to senior management, offering insights for strategic decisions.
Budgeting & Financial Analysis
- Work with the Financial Analyst to develop, review, and monitor the annual budget.
- Analyze financial performance against the budget, preparing variance reports and making recommendations for financial improvements.
- Assist in conducting cost-benefit analysis and providing financial insight to enhance operational efficiency
Compliance & Internal Controls
- Ensure compliance with all financial regulations, including IFRS standards, AML/CFT regulations, and maintain strong internal controls.
- Work with the Financial Analyst to strengthen internal controls, identify risks, and recommend solutions.
- Ensure accurate and timely submission of tax filings, statutory reports, and regulatory requirements.
Daily Operations & Team Leadership
- Oversee daily financial operations, including accounts payable, receivables, payroll, and general ledger maintenance.
- Provide mentorship and guidance to junior accounting staff, ensuring the accuracy of financial transactions.
- Assist the Finance Manager in conducting performance evaluations and developing the skills of the finance team.
Cash Flow & Treasury Management
- Monitor cash flow, ensuring the organization meets its liquidity needs while managing risk.
- Collaborate with the Financial Analyst to manage the investment portfolio, recommending strategies aligned with financial goals.
- Review and approve bank reconciliations, ensuring discrepancies are addressed in a timely manner.
Audit & Compliance
- Assist in preparing for and managing external audits, including the preparation of audit schedules.
- Work with the Financial Analyst to ensure all audit requirements are met and any recommendations are implemented.
- Maintain compliance with internal audit processes and regulatory standards.
Financial Systems & Technology
- Ensure efficient use of accounting software and ERP systems to maintain accurate financial data.
- Work alongside the Financial Analyst to explore and implement new tools or systems that improve financial reporting and operational efficiency.
EDUCATION AND WORK EXPERIENCE:
- Completion of the Applied Knowledge and Applied Skills levels of ACCA is required. Candidates must be either finished or near completion of the Strategic Professional level.
- Minimum of 5-7 years of experience in accounting, with at least 3 years in a supervisory or senior role.
- Strong knowledge of IFRS, AML/CFT regulations, and general accounting principles.
- Proficiency in accounting software, ERP systems, and financial analysis tools.
PERSONAL ATTRIBUTES:
- Excellent analytical skills with the ability to collaborate with both the Finance Manager and Financial Analyst.
- Strong leadership abilities and a proven track record in mentoring junior staff.
- High attention to detail with the ability to meet deadlines and work under pressure.
Strong ethics and professionalism, particularly in handling confidential financial information.