Accountant

Responsibilities:

• Prepare accurate monthly, quarterly, and annual financial statements, including balance sheets, income statements, and cash flow reports.
• Analyze financial data to identify trends, variances, and key metrics that drive business performance.
• Assist in developing reports that provide insights into financial health and support long-term planning and decision-making.
• Develop and monitor annual budgets and financial forecasts in collaboration with department heads and senior management.
• Conduct variance analysis, comparing actual results with budgeted figures, and prepare recommendations for cost-control measures.
• Update forecasts based on changing financial conditions or business objectives.
• Oversee accounts payable and accounts receivable processes, ensuring timely processing of invoices, payments, and collections.
• Reconcile supplier statements and resolve discrepancies to maintain strong vendor relationships.
• Implement credit policies to optimize cash flow and ensure timely payment from clients.
• Maintain and reconcile general ledger accounts, ensuring accuracy in data entries, adjusting entries, and classifications.
• Conduct monthly bank and account reconciliations to verify account balances and maintain data integrity.
• Manage fixed asset accounting, including depreciation schedules and asset registers.
• Ensure compliance with applicable accounting standards (e.g., IFRS or GAAP) and company policies.
• Prepare and file tax returns, VAT/GST filings, and other regulatory reports as required.
• Stay informed about changes in tax laws, industry regulations, and financial reporting standards to ensure compliance.
• Design and implement internal controls to safeguard company assets, prevent fraud, and ensure accuracy in financial reporting.
• Conduct internal audits to identify potential financial risks, areas of non-compliance, and opportunities for improvement.
• Develop financial policies and procedures to enhance operational efficiency and accountability.
• Analyze costs associated with company operations, identifying opportunities for cost reduction and efficiency improvements.
• Track and report on project costs, helping project managers stay within budget and allocate resources effectively.
• Implement financial models and metrics to support pricing strategies and evaluate profitability.
• Monitor cash flow to ensure liquidity and operational stability, forecasting cash needs, and managing cash reserves.
• Work closely with banks and financial institutions to manage loans, credit facilities, and interest rates.
• Optimize working capital by balancing cash inflows and outflows effectively.
• Utilize and manage accounting software (e.g., QuickBooks, Sage, SAP) to streamline accounting processes and improve accuracy.
• Generate ad hoc reports and analysis as requested by management, supporting data-driven decisions.
• Support the implementation of financial management software or ERP systems, ensuring accuracy and efficiency.
• Prepare financial documents and coordinate with external auditors during annual audits, providing necessary information and responses to inquiries.
• Address audit findings and implement corrective actions to improve financial practices and reporting accuracy.
• Maintain thorough documentation of financial transactions and audit trails for future reference and compliance.
• Partner with various departments to provide financial guidance, support budgeting and financial planning, and enhance cost efficiency.
• Offer insights and recommendations to operational teams to improve resource utilization, reduce waste, and enhance profitability.
• Support management in strategic planning by providing financial forecasts, risk assessments, and investment analysis.

Requirements:

• Bachelor’s degree in Accounting, Finance, Business Administration, or related field from an accredited institution.
• A Master’s degree in Accounting or Finance is advantageous.
• Certified Public Accountant (CPA), Chartered Accountant (CA), or relevant certifications (e.g., ACCA, ICAN) required or highly preferred.
• Minimum of 3 years of experience in accounting, with strong experience in financial reporting, budgeting, and compliance.
• Experience within [industry-specific knowledge, e.g., manufacturing, engineering, construction] is preferred.
• Strong knowledge of accounting software, such as QuickBooks, Sage, SAP, or other ERP systems.
• Advanced proficiency in Microsoft Excel for financial modeling, analysis, and reporting.
• Familiarity with data visualization tools (e.g., Power BI) is an advantage.
• In-depth understanding of IFRS, GAAP, tax laws, and industry-specific regulations.
• Ability to analyze complex financial data, identify trends, and interpret financial metrics to drive decision-making.
• Strong focus on accuracy, with a commitment to maintaining data integrity in financial reporting.
• Ability to present financial information clearly and collaborate effectively with non-financial team members.
• High level of integrity, confidentiality, and ethical conduct in handling financial information.
• Knowledge of cost accounting methods and their applications in [industry-specific field, e.g., manufacturing or construction].
• Prior experience in working with cross-functional teams in a matrixed organizational structure.
• Strong project management skills, with the ability to manage multiple priorities and deadlines.
• Strong understanding of financial principles and strategic implications for operational decisions.
• Ability to troubleshoot financial issues and make sound recommendations based on data.
• Flexibility in adapting to evolving regulatory standards and new financial systems.
• Ability to take ownership of financial processes, identify areas for improvement, and lead by example.