Overview:

The Accountant plays a crucial role in ensuring the accuracy of financial records, compliance with accounting standards, and timely reporting of financial information. This position requires meticulous attention to detail, strong analytical skills, and a solid understanding of accounting principles and regulations.

Responsibilities:

Financial Recordkeeping:

• Maintain accurate and up-to-date financial records, including accounts payable, accounts receivable, general ledger entries, and journal entries.
• Ensure proper classification and coding of financial transactions in accordance with accounting principles and organizational policies.

Financial Reporting:

• Prepare monthly, quarterly, and annual financial statements, including balance sheets, income statements, and cash flow statements.
• Analyze financial data and provide insights into financial performance, variances, and trends to support decision-making processes.

Budgeting and Forecasting:

• Assist in the development of annual budgets and financial forecasts by providing input on historical financial data, trends, and future projections.
• Monitor budget-to-actual variances and provide explanations and recommendations for corrective actions as needed.

Tax Compliance:

• Ensure compliance with tax regulations and regulatory requirements, including preparation and filing of tax returns (e.g., VAT, corporate income tax, payroll tax) in a timely manner.
• Assist in tax planning strategies to minimize tax liabilities and maximize tax savings opportunities.

Audit Support:

• Prepare schedules and documentation for internal and external audits, including liaising with auditors and providing necessary information and explanations.
• Implement audit recommendations and internal control improvements to enhance financial processes and mitigate risks.

Financial Analysis:

• Conduct financial analysis and performance evaluations to assess profitability, liquidity, solvency, and efficiency of operations.
• Identify opportunities for cost savings, revenue enhancement, and process improvements based on financial data and analysis.

Cash Management:

• Monitor cash flow activities, including cash receipts, disbursements, and liquidity management.
• Forecast cash flow requirements and recommend appropriate financing options to meet organizational needs.

Compliance and Regulations:

• Stay abreast of changes in accounting standards, regulations, and reporting requirements and ensure compliance with applicable laws and regulations.
• Assist in developing and implementing accounting policies and procedures to ensure adherence to best practices and regulatory requirements.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or related field (ACCA, ICA qualification preferred).
• Five years of experience in accounting or finance roles, with a solid understanding of accounting principles and practices.
• Proficiency in accounting software (preferably QuickBooks) and MS Office Suite, particularly Excel.
• Strong analytical, problem-solving, and attention to detail skills.
• Excellent communication and interpersonal skills, with the ability to work effectively in a team environment.
• Ability to prioritize tasks, meet deadlines, and work under pressure in a fast-paced environment.

The deadline for submission of resumes is 31st April 2024.