Role Purpose
The Job holder will provide assistance in the implementation of Accounting standards, laws, and preparation of Audited Financial Statements. He/She will uphold the integrity of financial data through general ledger reconciliations and other internal controls and measures.
Key Duties and Responsibilities
Strategic Responsibilities
- Ensure integrity of Accounting Systems and Financial Data.
- Provide technical assistance on Accounting matters.
- Assist in the preparation of Audited Financial Statements.
Technical and Operational Responsibilities
- Reconcile imported GL files in the reporting system against third party systems on each business day and resolve any variances noted.
- Initiate Journal entries in the systems in accordance with the laid down procedures.
- Undertake month end closure activities as outlined in the month end closure checklist and follow up on closure of other modules before the closure of the general ledger.
- Perform sanity checks of the trial balance.
- Perform monthly general ledger reconciliations within the set deadlines and ensure there are no outstanding items, provide comments on any outstanding items and escalate as may be necessary.
- Review of reconciliations from partner business areas such as Banking and Payments, Financial Markets and Currency Operations Departments.
- Support internal and external audit exercises, action on audit issues raised and ensure they are closed promptly.
- Process reimbursement letters and follow –up on payment in line with the laid down work policies and procedures/SLAs.
- Prepare and monitor the departmental budget, annual procurement plan and variance reporting.
- Assist in the preparation of the Audited Financial Statements by providing audit schedules and any other information.
- Represent Finance Department on project teams/working parties to ensure that new products, new functionality and process improvements are correctly implemented.
- Any other roles and responsibilities as may be assigned by the supervisor.
Other Responsibilities
- Assist the Deputy Manager, Financial Reporting and Manager, Financial Reporting to achieve sectional objectives.
- Keep abreast of changes in financial regulations and legislation i.e. policies and International Financial Reporting Standards and update the section leadership.
- Assist in interdepartmental activities such as tender opening and evaluation.
Qualifications and Experience
Qualifications
- A Bachelor’s Degree in Accounting, Management, Economics, Finance or business related discipline from a reputable university.
- Professional qualification(s) in accounting e.g. CPA, ACCA or equivalent.
Work Experience
- At least three (3) years post qualification experience in a busy Accounting related area.
Required Competencies
Technical Competencies
- Good understanding of International Financial Reporting standards.
- Good understanding of Financial Reporting requirements.
- Strong communication and presentation skills.
- Proficiency in Microsoft applications i.e., advanced Excel, Word and PowerPoint.
- Good knowledge and experience with accounting systems.
- Strong analytical and problem-solving skills.
Behavioral / General Competencies
- High level interpersonal skills, including ability to build alliances and collaborate across multiple cultures.
- Strategic thinking and problem-solving skills.
- Strong negotiation skills.
- Attention to details.
- Customer Focus - Ability to demonstrate concern for the expectations of customers and prioritize them as well as convey realistic expectations.
- Emotional Intelligence.
- Team player.
- Be of high ethical standard and integrity.
