About the Role
This position involves bookkeeping and monitoring for accounting transactions, ensuring accuracy and compliance across various accounting functions, including accounts payable (A/P), accounts receivable (A/R), asset management, and general ledger (G/L) oversight. The role also encompasses preparing financial statements, supporting budget preparation, and driving improvements in accounting processes.
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Key Accountability Areas
A/P:
- Supervise supplier invoice processing and ensure 3-way matching accuracy.
- Verify invoices for tax and policy compliance.
- Oversee timely vendor payments and manage vendor inquiries.
- Monitor accruals and prepayments, ensuring expenses align with accounting periods.
- Reconcile accounts payable sub-ledger with vendor statements and resolve discrepancies.
A/R:
- Oversee customer invoicing, ensuring accuracy and adherence to contracts.
- Evaluate customer creditworthiness and manage receivables to minimize bad debt.
- Implement collection procedures and resolve overdue payment issues.
- Reconcile customer accounts and analyze aging reports.
Asset Management:
- Manage accounting for fixed assets, including acquisition, depreciation, and disposal.
- Ensure compliance with regulations and prevent inventory shrinkage.
- Track and verify company assets periodically.
G/L:
- Oversee the general ledger and ensure accurate transaction recording.
- Reconcile balance sheet accounts and resolve discrepancies.
Other Responsibilities:
- Prepare financial statements per IFRS and assist with external audits.
- Support budget preparation, monitor financial performance, and identify risks.
- Improve accounting processes for efficiency and compliance with local regulations.
Role Accountability
HR Proficiency:
- Ability to obtain updated soft and technical skills related to the job.
- Develop a vision and a plan for career path progression and how to achieve it.
Delivery:
- Perform planned activities to meet operational and development targets according to delivery schedules.
- Utilize resources effectively to achieve objectives within efficient cost and time.
- Provide periodic reports detailing deviations and execution of planned tasks.
Problem-Solving:
- Address any related problems and escalate complex operational issues as needed.
Quality Assurance:
- Ensure quality requirements are met by developing effective quality control processes, including specifications for products or processes.
Business Process Improvements:
- Coordinate well-defined written systems, policies, and procedures, and seek opportunities for automation wherever possible.
Compliance:
- Adhere to related policies, procedures, and work instructions.
Health, Safety, and Environment:
- Ensure compliance with relevant safety, quality, and environmental management procedures and controls within defined work areas to guarantee safety, legislative compliance, and delivery of high-quality products/services.
Academic Qualification
- Bachelor’s Degree in Accounting and Finance
Work Experience
- 2 to 4 years relevant experience.
Technical / Functional Competencies
- Knowledge of accounting methods, principles, and systems.
