Job Purpose
Performing various financial activities like preparing financial statements, maintaining accurate financial records, and ensuring compliance with accounting standards and regulations
Key Accountability Areas
Financial Recordkeeping:
- Maintain accurate general ledger accounts.
- Post journal entries and record business transactions.
- Reconcile accounts payable and receivable.
Account Reconciliation:
- Perform monthly reconciliations to ensure accurate balances.
- Investigate and resolve financial discrepancies.
Accounts Receivable & Payable:
- Process invoices and ensure correct client billing.
- Follow up on payables and ensure timely vendor payments.
- Monitor receivables and follow up on overdue accounts.
Asset Management:
- Maintain fixed asset records, including additions, disposals, and transfers.
- Classify assets correctly and update the asset register.
- Monitor depreciation and ensure compliance with IFRS/GAAP.
- Prepare depreciation schedules and assist with physical counts.
Inventory Management:
- Track inventory and record transactions accurately.
- Apply correct valuation methods (FIFO, LIFO, Weighted Average).
- Assist with inventory audits and reconciliations.
- Maintain controls to prevent losses.
Reporting & Analysis:
- Prepare financial reports on assets and inventory.
- Reconcile related general ledger accounts.
- Support month-, quarter-, and year-end closing.
- Provide insights to improve asset and inventory management.
Compliance & Documentation:
- Ensure compliance with internal controls and policies.
- Support external audits with documentation.
- Adhere to accounting standards and tax laws.
System & Process Improvements:
- Recommend improvements in asset and inventory systems.
- Ensure accurate reporting and data integration with accounting software.
Collaboration:
- Coordinate with procurement, warehouse, and finance teams.
- Support budgeting and forecasting related to assets and inventory.
Role Accountability
HR Proficiency:
- Ability to obtain updated soft and technical skills related to the job.
Delivery:
- Perform the planned activities to meet the operational and development targets as per delivery schedules.
- Utilize resources effectively to achieve objectives within efficient cost and time.
- Provide a periodic report formatted by detailing the deviation and execution of planned tasks.
Problem-Solving:
- Solve any related problems arise and escalate any complex operational issues.
Quality:
- Ensure quality requirements to develop effective quality control and processes including specifications for products or processes or related activities.
Business Process Improvements:
- Coordinate well-defined written systems, policies, procedures, and seek automations opportunities as much as possible.
Compliance:
- Comply to related policy and procedures and work instructions.
Health, Safety, and Environment:
- Ensure compliance of relevant safety, quality, and environmental management procedures and controls within defined area of work activity to guarantee safety, legislative compliance, and delivery of high-quality products/services.
Academic Qualification
Bachelor Degree in Accounting
Work Experience
2 to 5 Years
