Assistant Accountant - Financial Reporting

Assistant Accountant - Financial Reporting

Job Summary

• Monitor transactions transferred to the General Ledger from the various business application system to ensure accuracy of final accounts.
• Ensure the accurate preparation and maintenance of the accounts and financial statements within the specified submission deadlines.
• Maintain Fixed Asset Register in accordance with accounting principles.
• Assist with the management of the department by supporting a cohesive work team and contribute to staff development.

 Education, Knowledge and Experience

• Five (5) O’ level passes including English Language and Math
• Two (2) A’ level passes
• Level II - ACCA or CIMA, CPA, CMA
• Accounting software certification and training would be an asset
• Knowledge of company’s financial procedures
• Knowledge of IAS/IFRS accounting
• Knowledge of the legislation governing insurance accounting
• Knowledge of company products and Chart of Accounts
• Proficiency in the use of office tools and software relevant to job functions.
• Four (4) years’ experience in an accounting environment, preferably in the insurance industry, including two (2) years in a supervisory position.

 Key Responsibilities

• Reviews business procedures and develops document workflows that would ensure accounting documents are available to authorised users.
• Ensure all bank reconciliations are prepared and reviewed on a weekly, monthly or as required by department policy and takes necessary action.
• Ensure all suspense accounts are reconciled on a weekly, monthly or as required by department policy and takes necessary action.
• Ensure all internal control procedures are performed in accordance with procedure and take action as necessary.
• Implements approved performance standards and monitors to ensure performance in line with pre-determined standards.
• Review all coding performed by the junior staff.
• Monitors activities in the unit to ensure policies, procedures and guidelines are adhered to at all times.
• Maintain a relationship with all banks.
• Document policies and procedures within the Accounting and Treasury cycle.
• Ensure the timely processing of stop payments.
• Assists with the on-going evaluation of employees and recommends the appropriate training and development plans where necessary.
• Perform any other duties related to the job function as may be assigned.

Key Capabilities

Customer Focus

A strong understanding of the significance of the customer to the success of the business.

Team Player

Works well as a member of a customer focussed team; performs role assigned in the interest of the team’s success.

Communication

Contributes to discussions; communicates (oral and written) in a logical and organized manner; communicates well under all circumstances.

Personal Attributes

Uses initiative; Ability to act with minimum supervision; Demonstrates a high level of confidentiality; A consistent pattern of satisfactory attendance; Strong work ethics.