Accountant

We are looking for an experienced Accountant to perform divisional accounting transactions in alignment with our overall business processes, procedures, and objectives. The ideal candidate will ensure compliance with relevant Financial Reporting Standards while supporting accurate and timely financial reporting across the division.

Job Responsibilities:

• Budgeting: Conducting monthly performance meetings, quarterly performance analysis, preparing annual budgets based on forecasts, trend analysis, as well as updating Hyperion for quarterly and annual reviews.
• Deposits: Verification and deposit of collections under the respective deposit slips, submission/upload of daily collection transactions on the ERP portal after control check, and liaising with Finance for any related issues.
• Payables: Ensure accurate and timely payments to suppliers, monitor aging and prepayment balances, preparing local and foreign payments, following up for statements of account, coordinating commercial activities, monitoring and closing inter-division and inter-company payables, and accounting for invoices.
• Receivables: Ensure accurate and timely collections from customers, monitor aging balances and advances, following up for collections, coordinating commercial activities, monitoring and closing inter-division and inter-company receivables, timely adjustment and booking of invoices, debit memos, credit memos, and receipts.
• Security Deposits: Prepare security deposit details along with certificate copies, maintain records and perform routine reconciliations with the General Ledger balances.
• Collections: Prepare and maintain customer credit agreement records, liaise with C&C and operations teams to review credit limits, and follow-up; track cheque returns and collections; and close inter-division and inter-company receivables.
• Incentive: Prepare monthly and annual accrual working for incentives based on turnover. 8. Audit: Verification of Tax Invoices, Cash and Inventory levels, and liaising with Internal and External auditors in completing audit processes and procedures.
• Transaction Processing: Manage the vendor lifecycle, including requisition, onboarding, vendor callback, and purchase-to-pay process. Process payments for local and foreign vendors, petty cash, and credit cards. Reconcile petty cash and credit cards. Assist in any relevant accounting functions.
• Reconciliations: Reconcile balance sheets, resolving any open items with the necessary parties, and providing timely and accurate financial data to support management decision-making.
• Documentation: Maintain the necessary documents in an efficient and systematic manner.
• Reporting: Assist in preparing all the necessary reports that summarize results, findings, conclusions, and recommendations.
• Teamwork: To support the achievement of overall performance of the team for effective and smooth completion of tasks.
• Communication and Collaboration: Communicate and Collaborate with all branches to ensure seamless coordination and alignment of functions.
• Continuous Improvement: Identifying opportunities for process improvement. This includes implementing best practices, leveraging technology and automation, and driving efficiency gains.
• Health and Safety: Maintain company Environment, Health, Safety and Quality policy and procedure and improve safety culture.

Job Specifications:

• Bachelor’s degree in Accounting and Finance or a relevant degree
• 2 - 4 years of experience in a relevant role

Skills and/or Competencies required

• Knowledge of Accounting Principles:
• Have a strong understanding of International Financial Reporting Standards (IFRS/IAS) or other relevant accounting frameworks.
• Financial Analysis and Reporting: Proficiency in financial analysis, budgeting, and financial reporting is essential.
• Software Proficiency: Have experience working with accounting software and financial management systems. o Attention to Detail: Ensure accuracy in financial records, reports, and calculations.
• Analytical and Problem-Solving Skills: Strong analytical skills to interpret financial information, identify issues or inefficiencies, and propose solutions.
• Ethical Conduct: Maintain high ethical standards, integrity, and confidentiality in handling financial information.
• Communication Skills: Effective communication skills, both written and verbal.
• Time Management and Organizational Skills: Strong time management and organizational skills are crucial to prioritize work, meet deadlines, and manage competing priorities effectively.