Accountant at Ascentech Services Limited

Job brief

• The successful candidate will monitor cash flow, create financial reports, verify figures, and prepare financial forecasts.

Responsibilities

• Conversant and working experience in ERP environment
• Preparation of daily bank balance position / Daily Finance Report
• Bank reconciliations on daily basis
• Margin money reconciliation
• LC / BC position reconciliation
• Maintain the LG movement & status lists up-to-date at all times.
• Responsible for the accounting for the LC movements in the books
• Calculation and posting of OD interest
• Calculation and posting of LC Interest and LC charges
• OD and STF and other loan Position
• Preparing Bid letters.
• Forex related works and follow up with banks
• Authorising all vouchers emanating from bank reconciliation once its correctness is ensured.
• Checking and approving daily bank reconciliation and ensure:
  • That all pending debits in bank statements are treated and accounted on daily basis.
  • All lodgments entered in tally are reflecting in bank statement....
• Preparing and presenting monthly projected and actual cash flow for each coming month before end of month.
• Ensuring correct and timely LC/BC reports every day.
• Follow up with banks for any excess charge or debits.
• Ensuring that system of daily bank reconciliation and daily collection/lodgment reconciliation

Requirements

• B.Sc in Accounting or Finance or related course
• CPA, CMA, CFA is an advantage
• Minimum 2 years of experience in Treasury function of a corporate environment
• Current / previous experience in the banking sector is an advantage

Knowledge:

• Knowledge of ARC (Accounts Receivable Cycle) and APC (Accounts Payable Cycle).
• Knowledge of LC (Letter of Credit) procedures: opening, follow-up and settlement.
• Basic Knowledge of loans administration.

Skills:

• Excellent Skill in written and oral communication and interpersonal
• Excellent planning and organizational skills with high attention to details
• Skill in operating a personal computer utilizing a variety of software applications: MS Office especially Excel.
• Skill in managing multiple priorities to meet deadlines
• Very good negotiation skills