Senior Accountant

Reporting to: Head of Department (HOD) Finance

Overall Objective: Maintain accurate financial records, ensure timely reporting, and support financial compliance and analysis.

- SHOULD HAVE WORKED IN AN EXPORT AND MANUFACTURING COMPANY BEFORE.

1. Financial Record Keeping

Maintenance of day to day and accurate books of accounts

Ensure proper documentation for all financial transactions

Implement and maintain an efficient filing system for financial records

2. Financial Reporting

Generate timely financial reports as required by management and HOD Finance

Prepare monthly, quarterly, and annual financial statements

Prepare custom reports for specific financial analyses

3. Compliance Management

Ensure compliance with all relevant accounting standards and regulations

Stay updated on changes in financial regulations and implement necessary adjustments

Prepare and file all required statutory reports and returns

4. Audit Support

Coordinate with internal and external auditors during audit processes

Prepare necessary documentation for audits

Implement recommendations from audit findings to improve financial processes

5. Cash Flow Management

Monitor daily cash positions and report on cash flow status

Manage accounts payable and accounts receivable to optimize cash flow

Prepare cash flow forecasts

6. Banking Operations

Manage PC (Packing Credit) and CC (Cash Credit) limits effectively

Ensure timely reconciliation of bank statements

Liaise with banks for day-to-day banking operations

7. Financial Analysis Support

Assist HOD Finance in analyzing financial data and preparing reports

Provide insights on financial trends and variances

Support in budget preparation and variance analysis

8. Tax Management

Ensure accurate and timely payment of taxes and preparation of tax returns

Stay informed about tax laws and regulations affecting the company

Implement tax planning strategies as directed by HOD Finance

9. Internal Controls

Implement and maintain internal control procedures for financial operations

Regularly review and update accounting policies and procedures

Identify and address any weaknesses in financial controls

10. Team Management

Supervise and guide the Junior Accountant in daily tasks

Provide training and development opportunities for accounting staff

Allocate tasks and ensure efficient workflow within the accounting team

11. System Management

Oversee the use and maintenance of accounting software and systems

Recommend and implement improvements to accounting processes and systems

Ensure data integrity and security in all financial systems