About the Role
This role encompasses responsibilities in bookkeeping and monitoring accounting transactions. The position requires supervising accounts payable and receivable processes, managing fixed assets, overseeing general ledger tasks, and ensuring compliance with financial reporting standards.
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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, prepayments, and ensure 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.
General Ledger:
- Oversee the general ledger and ensure accurate transaction recording.
- Reconcile balance sheet accounts and resolve discrepancies.
Additional 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.
- To have a vision and a plan for the career path and how to achieve it.
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 that arise and escalate any complex operational issues.
Quality Assurance:
- 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 automation opportunities as much as possible.
Compliance:
- Comply with related policies and procedures and work instructions.
Health, Safety, and Environment:
- Ensure compliance with relevant safety, quality, and environmental management procedures and controls within the defined area of work activity to guarantee safety, legislative compliance, and delivery of high-quality products/services.
Academic Qualification
- Bachelor Degree in Accounting and Finance
Work Experience
- Fresher - 0-2 years or 2 to 4 years
Technical / Functional Competencies
- Accounting Methods
- Accounting Principles
- Accounting Systems
