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FINANCIAL ACCOUNTANT

Anonymous Employer

Accounting, Auditing & Finance

Easy Apply
New
2 weeks ago

Job Summary

The Financial Accountant will oversee day-to-day accounting operations, with functional responsibility for payroll accounting, accounts payable and receivable. He/ She will be responsible for production of financial reports, proper maintenance of accounting records, accurate processing of financial transactions and administration of a comprehensive set of controls and budgets designed to mitigate risk and enhance the accuracy of the company’s reported financial results.

  • Minimum Qualification : Bachelors
  • Experience Level : Mid level
  • Experience Length : 5 years

Job Description/Requirements

  • Maintain a system of accounts and keep books and records on all transactions and assets.
  • Prepare and analyze accurate monthly Board pack and financial management reports, including income statement, balance sheet, budget and variance, projections and forecast.
  • Track the company’s financial status and performance to identify areas for potential improvement.
  • Maintain control of the following areas: general ledger, accounts payable, expense reports, billing, and payroll.
  • Ensure integrity of stock take and reconciliation to the general ledger.
  • Review supplier reconciliations before payments; manage supplier queries and resolution of reconciling items.
  • Managing accounts receivable in terms of debt collection, credit control, allocations and circulation of customer statements.
  • Ensure adherence to financial policies and procedures for the company.
  • Coordinate the preparation of draft audited financial statements and all tax returns; ensure timely, accurate, and complete issuing of financial statements as required.
  • Monitor bank accounts and coordinate cash sweeps to minimize bank interest charges and penalties.
  • Prepare weekly payment forecasts based on agreed payment plans and business requests.
  • Ensure bank obligations are paid on time (LC&s, Bills of Exchange, Stock loans, Commercial loans, Asset finance, IPF).
  • Assist in the production of cash flow reports, annual budgets, and forecasts.
  • Calculate variances from the budget and report significant issues to management.
  • Coordinate interim and annual audits.
  • Understand and adhere to financial regulations, legislation and Tax compliance.
  • Ensure appropriate and adequate General Insurance cover and ensure timely renewal and payment of premiums (IPF).


SKILLS & QUALIFICATIONS.

  • Bachelor’s degree in accounting or finance. 
  • CPA K or ACCA
  • Knowledge and use of ERP
  • FMCG or B2B industry experience is an added advantage
  • Minimum of 5 years experience finance and accounting experience including coordinating audit activities and managing reporting, budget development and analysis, accounts payable and receivable, general ledger and payroll
  • Proficient in spreadsheets, databases, MS Office and financial software applications
  • Excellent time management skills, with the ability to perform multiple tasks and meet critical deadlines while maintaining accuracy and quality.
  • Proven ability to make complex and time-sensitive decisions in the best interests of the organization.
  • High level of integrity

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