Acocunting Associate - Costing

The Accounting Associate supports the month-end financial close process and lead junior accounting personnel.

Job Description:

• Provide daily oversight and coaching to the Accounting Analyst, reviewing their outputs, assigning responsibilities, and supporting professional development, while ensuring accuracy and timeliness of assigned tasks.
• Maintain and update fixed asset records to ensure compliance with IAS 16 and accurate depreciation, disposal, and revaluation accounting.
• Identify and resolve discrepancies in the general ledger and supporting accounts, ensuring accurate financial reporting.
• Prepare and review bank reconciliations and other general ledger reconciliations on a daily and monthly basis to support accurate financial data.
• Prepare and post accruals and prepayments at month-end to ensure financial completeness and compliance with matching principles.
• Ensure that month-end closing procedures are executed accurately and on schedule, including revaluations and journal postings.Perform ongoing analysis of manufacturing variances, inventory costings, and revenue trends, flagging issues and supporting cost control strategies.
• Compile and present reports on financial performance and cost analyses to support decision-making by departmental managers.
• Prepare and submit VAT/GCT and other tax returns accurately and in accordance with statutory timelines.
• Coordinate with internal and external auditors by providing supporting schedules, reconciliations, and documentation, ensuring compliance with audit requirements.
• Review monthly inventory valuation and cost of production calculations to ensure accurate reporting and compliance with IAS 2.
• Supervise cash flow reporting, bank deposit confirmations, and vendor payment processing as delegated, ensuring business continuity.
• Perform any other job duties as required by the job function to support the operations of the department.