The Accountant is responsible for managing the financial reporting and accounting operations of the organization. This role includes preparing and analyzing financial statements, ensuring compliance with tax regulations, and supporting both the finance team and the General Manager (GM) of the market. The Accountant will play a crucial role in budgeting, financial planning, and process improvement to drive efficiency and accuracy within the finance department.
2. Key Responsibilities2.1 Financial Reporting (30%)
- Prepare and analyze financial statements to ensure accuracy and compliance with accounting standards.
- Manage tax compliance, including VAT, withholding tax, and both provisional and final tax.
- Reconcile accounts and prepare cash flow forecasts to support financial decision-making.
2.2 Accounting Operations (25%)
- Oversee day-to-day accounting tasks such as bank reconciliations, inter-company reconciliations, and general journal entries.
- Manage fixed asset accounting and ensure proper documentation and record-keeping.
2.3 Audit and Compliance (15%)
- Coordinate with external auditors to ensure audit readiness and compliance with financial regulations.
- Maintain accurate financial records and documentation to support audit processes.
2.4 Budgeting and Planning (15%)
- Develop operational plans, budgets, and long-term financial forecasts to guide organizational strategy.
- Analyze financial data to provide insights and support strategic planning.
2.5 Team Management (10%)
- Supervise finance staff, delegate tasks, and provide guidance to ensure efficient workflow within the team.
- Foster a collaborative and supportive work environment.
2.6 Other Responsibilities (5%)
- Handle insurance claims, manage stationery orders, and support the GM with financial queries and reports.
3.1 Accuracy in Financial Reporting:
- Timely preparation and submission of accurate financial statements.
- Zero discrepancies in monthly and annual reports.
3.2 Compliance and Audit Readiness:
- Adherence to all relevant financial regulations and standards.
- Successful completion of external audits with minimal findings.
3.3 Efficiency in Accounting Operations:
- Completion of reconciliations and journal entries within specified timeframes.
- Reduction in processing time for routine accounting tasks.
3.4 Budget and Forecast Accuracy:
- Accurate and realistic budgeting and forecasting with minimal variance from actual performance.
- Effective management of cash flow to support organizational needs.
3.5 Team Leadership and Development:
- High team engagement and productivity levels.
- Successful onboarding and training of new finance staff.
3.6 Process Improvement Initiatives:
- Implementation of process improvements leading to increased efficiency.
- Successful adoption of new accounting software or tools.
4.1 Education:
- Bachelor’s degree in Accounting, Finance, or a related field.
- Professional certification such as CPA, ACCA, or equivalent is preferred.
4.2 Work Experience:
- Minimum of 5 years of experience in accounting or finance roles.
- Proven track record of managing financial reporting, tax compliance, and accounting operations.
- Experience in supervising and leading a team is desirable.
5.1 Language:
- Fluency in English (speaking, reading, and writing) is required.
5.2 Technical Competencies:
- Advanced skills in Microsoft Excel for financial analysis and reporting.
- Proficiency in accounting software (e.g., QuickBooks, SAP, Oracle).
5.3 Analytical Skills:
- Strong ability to collect, organize, analyze, interpret, and communicate numerical data.
- Capable of performing financial forecasting and analysis to support decision-making.
5.4 Planning and Organizing:
- Excellent time management skills with the ability to prioritize tasks and meet deadlines.
- Ability to plan, prioritize, and systemize actions in line with required resources.
5.5 Problem-Solving:
- Strong problem-solving skills with the ability to identify and resolve complex financial issues.
- Capable of streamlining accounting processes for increased efficiency.
5.6 Interpersonal Skills:
- Strong communication skills to interact effectively with colleagues, the Finance Manager, and the GM.
- Ability to maintain confidentiality and handle sensitive financial information with discretion.
5.7 Accountability and Dependability:
- Demonstrated ability to take responsibility for actions and decisions, with a high level of reliability.
- Commitment to upholding ethical standards and practices in all financial dealings.
5.8 Goal Setting:
- Ability to formulate, prioritize, and execute predetermined objectives to achieve organizational goals.