DUTIES AND RESPONSIBILITIES

• Maintain and update all accounting records including general ledger, journals, and subsidiary ledgers with accuracy and timeliness.
• Ensure proper documentation and filing of all financial transactions for easy retrieval and audit readiness.
• Process supplier invoices, verify payment terms, and ensure timely payments.
• Generate and send out customer invoices, monitor payments, and follow up on overdue accounts.
• Maintain accurate records of accounts payable and receivable balances and transactions.
• Perform monthly bank reconciliations to ensure all cash transactions are accurately recorded and any discrepancies resolved promptly.
• Monitor bank statements and cash flow to support financial decision-making.
• Prepare monthly, quarterly, and annual financial statements including profit and loss accounts, balance sheets, and cash flow statements.
• Provide detailed financial reports to management highlighting key insights, variances, and trends.
• Assist in preparing reports for tax authorities, regulatory bodies, and internal audit purposes.
• Ensure all financial activities comply with local tax laws and statutory regulations.
• Prepare and submit statutory returns such as VAT, PAYE, and corporate tax filings on time.
• Keep up to date with changes in financial regulations and ensure the company adheres to these changes.
• Use accounting software such as Tally and QuickBooks for data entry, report generation, and maintaining financial accuracy.
• Troubleshoot minor software issues and liaise with IT or software providers for technical support.
• Assist management in the preparation of annual budgets and financial forecasts.
• Analyze actual financial performance against budget and provide explanations for variances.
• Support both internal and external auditors during audit exercises by providing required documentation and explanations.
• Implement audit recommendations to improve financial controls and processes.
• Establish and monitor internal controls to safeguard company assets and ensure the accuracy of financial data.
• Identify any risks related to accounting processes and propose corrective actions.
• Work closely with other departments such as procurement, sales, and HR to ensure smooth financial operations.
• Provide financial guidance and support to non-financial staff when needed.
• Identify opportunities to streamline accounting processes and improve operational efficiency.
• Stay updated with the latest accounting best practices and technology trends.

KEY REQUIREMENT SKILLS AND QUALIFICATION

• Diploma or Degree in Accounting, Finance, or a related field.
• Possession of CPA qualification is mandatory.
• Proven practical accounting experience in a busy organization.
• Proficiency in accounting software such as Tally and QuickBooks.
• Strong understanding of accounting principles, financial regulations, and statutory compliance.
• Excellent numerical and analytical skills with attention to detail.
• Good communication and interpersonal skills.
• Ability to work independently and manage multiple tasks within deadlines.