Assistant Accountant

Assistant Accountant

JOB SUMMARY

Reporting to the Finance Manager, the Assistant Accountant is a senior technical professional accountable for the training and coaching of accounting staff; preparation of corporation tax, deferred tax modelling and tax filings; direct supervision of the Accounting Assistant and Accounts Clerks; preparation of IFRS-compliant financial statements and audit schedules; and ensuring that the Company’s financial performance and financial position are accurately reflected in business results. This position liaises directly with the Company’s external auditors for the Annual Financial Audit and is expected to represent the Finance Manager in technical accounting and audit matters.

KEY RESPONSIBILITIES

• Prepares all corporation tax, green fund levy, business levy, VAT and statutory filings and accounts for outstanding returns and refunds in a timely manner.
• Reviews and confirms that all financial audit schedules are prepared timely and in good form for the annual financial audit.
• Maintains the company deferred and corporation tax model for quarterly and annual financial reporting and liaises with tax service provider and auditors.
• Reviews that asset disposal applications are compliant with Company policy and makes recommendations to the Procurement and Disposal Advisory Committee (PDAC) or Manager for approval of fixed asset disposals.
• Supervises the accounts receivable function for sales, collection and credit control and supports the quarterly management credit review process.
• Performs semi-annual tests of Internal Control over Financial Reporting and remediate gaps.
• Supervises the annual insurance renewal process in collaboration with Procurement and the Finance Manager.
• Prepares IFRS compliant audit schedules and draft annual financial statements and notes to the accounts.
• Computes and maintains the impairment assessment model compliant with IAS36.
• Assures the timeliness, accuracy, and completeness of the monthly financial reporting process.
• Liaises with external auditors, tax authorities and accounting service providers to enable timely and accurate records.
• Manages the timely close out of Internal and External Audit exceptions for management review in keeping with the Management Letter timelines.
• Oversees preparation of the monthly management reports.
• Trains and develops staff in proper accounting procedures and IFRS standards.
• Maintains and makes recommendations to improve Standard Operating Procedures for   general ledger, Tax accounting and Accounts Receivable functions.
• Ensures that the calculation of Expected Credit Losses is in keeping with the requirements of IFRS9.
• Maintains and reconciles fixed assets register, enters additions, retirements, write-offs, depreciation, amortisation, and makes recommendations for component level accounting as per IAS16. Review that NFM follows the IFRS16 standard for accounting for leases in financial statements.
• Maintains and reviews procedures to ensure the monthly trial balance meets the CEAVOP assertions.
• Supervises staff, ensuring that the performance of duties are in accordance with established standards and required timelines.
• Reviews all prepayments based on monthly schedule - insurance, subscriptions, port fees, rentals and reconciles to the general ledger account.
• Posts general ledger journals and prepares reconciliations for all general ledger accounts.
• Performs other duties as may be required by the job function.

REQUIREMENTS:

• Proficiency in the preparation of financial statements, including cashflows and supporting schedules.
• ACCA Level II and pursuing Level III.
• A minimum of ten (10) years in an accounting or audit environment.
• At least five (5) years accounting Supervisory Experience.
• Proficiency in preparing audit schedules and maintenance of audit files and documentation.
• Proficiency in the use of financial accounting software for group consolidation.
• Proficiency in the use of Microsoft Office Suite in particular high proficiency in Microsoft Excel modelling.
• Good communication (verbal and written), and report-writing skills.
• Strong time management and organisation skills.
• Ability to work collaboratively with different teams.
• Keen analytical skills.
• Highly confidential and trustworthy.