Senior Accounting Manager

Senior Accounting Manager

 Senior Accounting Manager

 Reports directly to:   CEO/CFO

 Scope of Job: 

To oversees the financial operations of an organization whilst ensuring compliance  with generally accepted accounting principles and corporate policies

Main Duties and Responsibilities:

• Lead the monthly financial close process, including ensuring all costs incurred are properly recorded, reviewing journal entries, account balance reconciliations and report preparation
• Participate in the ongoing development/establishment of accounting policies and procedures and operational strategies including the review and implementation of process and system change
• Conduct internal audits
• Analyze expenses to ensure cost control and investigate outliers
  • Finalize all GCT and Statutory deductions within the stipulated deadlines
  • Prepare management accounts
  • Act as the primary point of contact of external audits
  • Prepare and manage cashflow reports
  • Act as the lead on all Budget preparation for the company
  • Actively participate in reviewing improvements to the Accounting software, modules and processes.
  • Periodically review and edit documented work procedures and responsibility grids to ensure they accurately reflect work being done. Suggest updates to department policies to reflect actual practices.
  • Substantiate purchase / expense transactions
  • Monthly review of the general ledger - for verifying accurate processing of input and output tax amounts
  • Document monthly computation of GCT Liability
  • Preparation of monthly GCT returns
  • Ensuring timely submission of monthly GCT returns to the Inland Revenue
  • Providing the team with general advice on compliance with GCT regulations, as necessary.
  • Annual reconciliation of GCT Liability
  • Process payrolls:  
  • Verifies mathematical accuracy of invoices and overtime submission
  • Data enter pay information
  • Upload [by logging into company banking system]; and/or distribute net salaries
  • Prepare and remit source deductions to the IRD
  • Prepare quarterly summaries 
  • Document loans and advances
  • Preparation of monthly remittances
  • Preparing all payroll journals to update payable accounts, employer expense accounts, and salary clearing accounts.
  • Ensuring timely submission of monthly payroll remittances and returns (SO1 / SO2) to the Inland Revenue.
  • Ensure the confidentiality and security of all financial and general employee data.
  • Executes and ensures the efficiency of the cheque payments process
  • Approves and make material cash disbursements; verifying vouchers amounts against invoices making site visits to check on progress
  • Ensuring compliance with tax regulations governing payment to vendors including companies, consultants, and skilled labor
  • Monitoring all company expenditure; and where appropriate, make recommendations to individuals and teams responsible for budgets
  • Ensures the monthly reconciliation of Payables control account
  • Setting up new accounts and cost centers when required
  • Monthly review of asset, liability, loan, and capital account entries by compiling and analyzing account information.
  • Ensuring reconciliation of control accounts
  • Ensuring correct allocation of expenditure to cost centers
  • Maintaining monthly control over inventory movement and valuation
  • Recording the cost of newly-acquired fixed assets and investment
  • Tracking existing fixed assets and investments
  • Accounting for disposition of fixed assets and investments
  • Ratio Analysis of financial and operating performance prepared and submitted to the FC.
  • Technical advice (Final Accounts) provided, when required.
  • Support provided in preparation of Departmental/Operational plans.
  • Support provided in determining and achieving Departmental targets and goals.
  • Assistance with determination, drafting and maintenance of the Standard Operating procedures for the Department.
  • Preparing financial statements.
  • Any other relevant accounting function

• Level III Acca or equivalent certification.
• 5- 7 years experience in accounts
• Strong knowledge of accounting standards and principles
• Experience in similar Position is a advantage with experience with accounting softwares
• Able to work with minimum supervision to meet key performance targets, with a strong focus on timeliness, accuracy, and quality.
• Supervisory experience is an asset.
• A growth-oriented individual who takes initiative and demonstrates a desire for growth and continuous improvement.
• Strong analytical, communication, and organizational skills.
• High level of proficiency with G-Suite