Accountant – IFRS Reconciliations

The incumbent will lead a team responsible for financial reconciliations across multiple lines of business and legal entities, monitor remediation of audit issues, drive monthly and year-end close reconciliation cycles, and ensure progress reporting and documentation

The Accountant – IFRS Reconciliations is a key technical and supervisory role within the Finance team responsible for ensuring the timely, accurate, and compliant reconciliation of accounts in accordance with accounting policies, IFRS standards, and internal audit requirements. The incumbent will lead a team responsible for financial reconciliations across multiple lines of business and legal entities, monitor remediation of audit issues, drive monthly and year-end close reconciliation cycles, and ensure progress reporting and documentation of challenges is systematically tracked and resolved.

1.     Strategic Reconciliation Oversight

• Supervise the clearing and closure of reconciliation items across multiple years (e.g., legacy items from 2024 and prior), ensuring completeness and accuracy of balances.
• Lead initiatives to clear reconciliation backlogs with targets such as achieving an 80% resolution rate for aged items within specified timeframes (e.g., Jan–Oct 2025).
• Maintain and update the Reconciliation Matrix across departments to track ownership, resolution timelines, and monitoring mechanisms.

 2.     IFRS 17 Compliance and Audit Preparedness

• Review and ensure that all reconciling items are addressed with respect to IFRS 17-based recommendations.
• Monitor action plans linked to audit findings and ensure all internal audit recommendations are fully implemented and evidenced by year-end deadlines (e.g., 31st Dec 2025).
• Prepare documentation and audit trails required for financial audits, control assessments, and internal review processes.

3.     Performance Monitoring and Reporting

• Prepare monthly Progress Reports by the 15th of each month, outlining status, challenges, and movement in account balances.
• Track reconciliations using both count- and value-based metrics aligned with Finance KPIs and internal reporting frameworks.
• Document and escalate reconciliation challenges for cross-functional resolution.

4.     Team Leadership and Coordination

• Provide day-to-day supervision of the reconciliation team, assigning responsibilities, reviewing outputs, and providing coaching and developmental feedback.
• Act as a liaison between the reconciliation team and internal departments to expedite resolution of high-impact items.
• Champion continuous process improvement, automation opportunities, and standardization of reconciliation practices.

 Education

• Bachelor’s Degree in Accounting, Finance or related discipline
• Professional certification (or in completion of final paper) in ACCA and CPA, or equivalent