Senior Accountant

Client of Talent 360

1. Financial Reporting and Analysis:

• Prepare, review, and analyze monthly, quarterly, and annual financial statements for the business.
• Ensure compliance with financial regulations, tax laws, and industry standards.
• Analyze variances between budgeted and actual figures, highlighting discrepancies and providing explanations.
• Provide regular financial insights to the Accounting Manager to aid in decision-making processes.

2. General Ledger Management:

• Oversee the maintenance of the general ledger (GL), ensuring all accounts are reconciled and transactions are posted correctly.
• Ensure accurate allocation of expenses and revenues in line with business operations.
• Supervise journal entries and general ledger adjustments.

3. Reconciliations:

• Perform monthly reconciliations for various accounts, including bank accounts, supplier and customer accounts, and intercompany transactions.
• Investigate and resolve discrepancies in a timely manner.

4. Payroll and Taxation:

• Oversee payroll processing, ensuring accuracy in wage calculations, statutory deductions, and tax filings.
• Assist in the preparation of VAT, sales tax, and other regulatory filings as required.

5.Cash Flow Management:

• Monitor cash flow on a regular basis, including accounts payable (AP) and accounts receivable (AR), and optimize working capital.
• Prepare cash flow forecasts and reports, advising the management on areas of concern.

6. Budgeting and Forecasting:

• Assist in the preparation of annual budgets and forecasts.
• Work with department heads to track and manage spending within budgetary constraints.
• Provide insights and recommendations on cost control measures and potential cost savings.

7. Audit and Compliance:

• Coordinate with internal and external auditors to ensure compliance with financial regulations and tax laws.
• Prepare for audits by ensuring accurate and complete documentation of financial transactions.

Key Performance Indicators:

- Accuracy of Financial Statements: Timeliness and accuracy of financial statements (Income Statement, Balance Sheet, Cash Flow.

- Timeliness of Financial Deliverables: Financial reports to be completed within time-bound.

- Cash Flow Management: Maintenance of positive cash flow and liqudity.

- Budget Adherence: Ability to manage and control the company s expenses according to the set budget.

- Accounts Receivable and Payable: Timeliness of collections and payments.

- Tax and Compliance: Full compliance with relevant tax laws and regulations.