Senior Accountant

Reporting to: Head of Department (HOD) Finance

Overall Objective: Maintain accurate financial records, ensure timely reporting, and support financial compliance and analysis.

- SHOULD HAVE WORKED IN AN EXPORT AND MANUFACTURING COMPANY BEFORE.

1. Financial Record Keeping

· Maintenance of day to day and accurate books of accounts

· Ensure proper documentation for all financial transactions

· Implement and maintain an efficient filing system for financial records

2. Financial Reporting

· Generate timely financial reports as required by management and HOD Finance

· Prepare monthly, quarterly, and annual financial statements

· Prepare custom reports for specific financial analyses

3. Compliance Management

· Ensure compliance with all relevant accounting standards and regulations

· Stay updated on changes in financial regulations and implement necessary adjustments

· Prepare and file all required statutory reports and returns

4. Audit Support

· Coordinate with internal and external auditors during audit processes

· Prepare necessary documentation for audits

· Implement recommendations from audit findings to improve financial processes

5. Cash Flow Management

· Monitor daily cash positions and report on cash flow status

· Manage accounts payable and accounts receivable to optimize cash flow

· Prepare cash flow forecasts

6. Banking Operations

· Manage PC (Packing Credit) and CC (Cash Credit) limits effectively

· Ensure timely reconciliation of bank statements

· Liaise with banks for day-to-day banking operations

7. Financial Analysis Support

· Assist HOD Finance in analyzing financial data and preparing reports

· Provide insights on financial trends and variances

· Support in budget preparation and variance analysis

8. Tax Management

· Ensure accurate and timely payment of taxes and preparation of tax returns

· Stay informed about tax laws and regulations affecting the company

· Implement tax planning strategies as directed by HOD Finance

9. Internal Controls

· Implement and maintain internal control procedures for financial operations

· Regularly review and update accounting policies and procedures

· Identify and address any weaknesses in financial controls

10. Team Management

· Supervise and guide the Junior Accountant in daily tasks

· Provide training and development opportunities for accounting staff

· Allocate tasks and ensure efficient workflow within the accounting team

11. System Management

· Oversee the use and maintenance of accounting software and systems

· Recommend and implement improvements to accounting processes and systems

· Ensure data integrity and security in all financial systems