The Senior Accountant is responsible for managing financial records, ensuring accuracy in financial reporting, and providing insights to support decision-making within the organisation. They play a key role in maintaining financial integrity, ensuring compliance with laws, and optimising the company s financial performance.
Key Responsibilities and Expectations: Financial Reporting:
- Prepare accurate and timely financial statements (income statement, balance sheet, cash flow statement).
- Ensure compliance with accounting principles, regulations, and internal policies.
- Assist in the preparation of monthly, quarterly, and annual financial reports.
General Ledger Management:
- Maintain and reconcile the general ledger.
- Ensure that all accounting entries are properly recorded and classified.
- Perform month-end and year-end closing activities.
Accounts Payable and Receivable:
- Process and track accounts payable (bills, invoices, payments) and accounts receivable (invoices, collections).
- Follow up on overdue accounts and resolve billing issues with customers or vendors.
Tax Compliance:
- Prepare and file tax returns, including sales tax, VAT, and corporate tax.
- Ensure the company is in compliance with local, state, and national tax regulations.
- Assist with tax audits and prepare necessary documentation.
Budgeting and Forecasting:
- Assist in the creation of budgets and financial forecasts.
- Monitor actual financial performance against budgeted figures and provide variance analysis.
- Recommend financial adjustments or improvements based on analysis.
Financial Analysis:
- Analyse financial data to identify trends, opportunities, or risks.
- Provide insights on cost management, profitability, and financial performance.
- Support decision-making by preparing ad-hoc financial reports.
Internal Controls and Compliance:
- Monitor and enforce internal control procedures to safeguard company assets and ensure the accuracy of financial records.
- Assist in the implementation and improvement of accounting systems and software.
Audit Support:
- Assist internal and external auditors during the annual audit process.
- Provide documentation and explanations of financial transactions when required.
Requirements- Bachelor's degree in Accounting, Finance, or a related field.
- Any additional certificates will be an added advantage.
- Previous experience in a similar role minimum of 4-5 years.
- Familiarity with financial software, spreadsheets, and reporting tools.
- Experience with budgeting, financial analysis, and reporting is a plus.
- Strong understanding of accounting principles (GAAP or IFRS).
- Proficiency with accounting software, preferably Zoho (e.g., QuickBooks, SAP, Xero).
- Strong analytical and problem-solving skills.
- Detail-oriented with the ability to work under pressure and meet deadlines.
- Good communication and interpersonal skills for working with teams and external parties.
- Knowledge of tax laws and regulations.
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