Sr. Accountant

Audit Responsibilities

• Determine internal audit scope, develop annual plans, document process and prepare audit findings report
• Perform and control the full audit cycle including risk management and control management over operations’ effectiveness, financial reliability and compliance with all applicable directives and regulations.
• Undertake regular transaction and systems review to confirm that internal control systems are in place and are working
• Obtain, analyze and evaluate accounting documentation, reports and data
• Prepare audit reports that reflect audit’s results and document process on a monthly basis
• Act as an objective source of independent advice to ensure validity, legality and goal achievement
• Identify loopholes and recommend risk aversion measures and cost savings
• Engage in continuous knowledge development regarding sector’s rules, regulations, best practices, tools, techniques and performance standards
• Coordinate both internal & external audits.

Accounting Responsibilities

• Review costings of all inventories and ensure that costs are maintained accurately
• Coordinate and set up selling prices
• Analyze changes in product design, raw materials, manufacturing methods or services provided, to determine effects on cost.
• Analyze and review actual manufacturing costs and prepare monthly variance reports comparing standard costs to actual production costs with adequate explanations.
• Actively monitor all manufacturing costs at Factory level to ensure efficiency in terms of yields percentages, adherence to costing recipes/BOM, labour ratios and other inputs to actualize maximum cost savings.
• Provide management with reports specifying and comparing factors affecting prices and profitability of products.
• Run month end close costing activities to aid in month end closing of accounts.
• Coordinate and be the “in charge” during stock counts and adjustments
• Facilitate proper office cash management by authorizing invoices before payment vouchers are prepared;
• Facilitate safekeeping of all accountable documents;
• Ensure supplier definition, invoice and validate payments in the ERP system to maintain compliance of procedures;
• Prepare annual operational budgets by determining the availability of funds, activities scheduled for the year and their costs translating these into operational budgets
• Ensure all financial data i.e., payment vouchers, receipts, adjustments and any other journal entries are posted into the accounting system software on a monthly basis.
• Ensure all financial information is properly filed, secured and backed up.
• Ensure all the assets of the Company are safeguarded.
• Prepare bank reconciliations
• Participate in external audits by providing auditors with accounting documents as requested and providing information and explanations for audit queries.
• Implement standards, regulations and procedures by executing the day-to-day operations of the department;
• Any other responsibilities that may be assigned from time to time

Skills

Qualifications Knowledge and Skills:

• Bachelor’s degree in Accounting or Finance;
• Professional Qualification CPA, CMA, ACCA or equivalent
• Auditing Experience is a must
• Computer literacy; Must have SAP B1 functional knowledge and experience. Also, technical knowledge in SAP is highly preferred
• Three (3) years of service in a manufacturing environment.
• Skills and knowledge in budgeting, financial planning; accounting; general ledger; financial reporting;
• Knowledge of the accounting system/modules
• Able to deliver under pressure with minimal supervision