Accountant-Moshi/Charholi/Kiwale

Position: Accountant

Location:Moshi/Charholi/Kiwale

Key Responsibilities:

1) Reconciliation and Corrections of Trial Balance & Bank Conducted Periodic reconciliations of trial balances, identifying and rectifying discrepancies to ensure accurate and balanced financial records. Conducted regular reconciliations of bank statements to ensure accuracy and completeness of financial transactions. Co-ordinate with Accounts Receivable, Accounts Payable, Cash & Bank Team. Verify and Reconcile Intercompany transaction.

2) Posting of Accounting Entries for Accrual, Prepaid, Cash and Assets: Posted accounting entries for cash and asset transactions, ensuring accuracy and adherence to accounting principles and standards. Investigated and resolved any discrepancies or errors in accounting entries promptly. Collaborated with internal stakeholders, such as the finance team and operational departments, to ensure accurate and complete financial records. Prepare and post Accrual and Prepaid entries for every month. Make adjustment entries for Accrual and Prepaid Transaction. Fixed asset entries for Cash and Other Fixed Asset of the company along with Depreciation posting. Intercompany accounting entries for branches of the company. Summarize payroll data and posting of entries.

3) Month end closing of financials. Prepare and execute the year-end closing process, which involves closing all the open periods for the fiscal year. Preparing and post adjusting entries for accounts with variable. Posting depreciation every month end. Reconcile Inter company transaction and prepare adjusting entries for the same

4) Budget & Forecast Report Preparation Budget addition in the system, preparation & analysis of budget reports, providing accurate financial forecasts to assist in the planning and allocation of resources. Conducted variance analysis between actual trial balance expenses and budgeted figures, identifying causes of discrepancies and proposing corrective actions Prepare detailed budget reports and summaries, ensuring accurate reconciliation between Actual Vs Budgeted expenses variance.

5)Lender Compliance: Compliances- Ensured compliance with lender requirements, including data preparation and reporting to meet contractual obligations and financial covenants, additional Loan disbursements, end-use Certificate, DSRA creation, and Processing NOC requests of existing lenders. Addressed queries related to loan disbursements, ensuring smooth processing and adherence to company policies and lender agreements. Monthly & Quarterly submission of Sales MIS, COP MOF (Cost of Project Means of Finance), YOY Cashflow Preparation

6) Management Reports Preparation: - Generated comprehensive management reports summarizing key financial and operational metrics, aiding leadership in strategic decision-making, such as Ongoing Projects CTC and FCF- Managed Cost to Complete (CTC) and Free Cash Flow (FCF) calculations for ongoing projects, providing detailed financial insights to stakeholders. Monthly cash inflow & outflow projections Prepare monthly payment & receivables projections to keep a smooth flow of payment process. Business Plan Projections - Assisted in the preparation of business plan projections, forecasting future revenues, expenses, and cash flows to inform executive decision- making. Prepared Year-over-Year (YOY) cash flow reports to track the organizations liquidity position, supporting long-term strategic financial planning Collection Receivable Projection- Prepared receivable projections to assess the companys future cash inflows

7) Credit Rating Agency Compliance & Data Preparation: Coordinated the preparation of data required for credit rating agencies, ensuring compliance with all relevant requirements and helping maintain a strong credit rating. Preparation of Cashflow projections, CMA, YTD report, Collection efficiency, Sales track, Debt Tracker, etc.

Software / ERP Skills:

• Hands-on experience in SAP ERP
• Practical working knowledge of ERP Highrise for real estate accounting
• Proficient in Tally ERP and MS Excel

Location - Moshi/Charholi/Kiwale

Apply to-careers@mangalamlandmark.com

Job Type: Full-time

Benefits:

• Provident Fund

Work Location: In person