Career Opportunities in a Financial Institution

KEY RESPONSIBILITIES

General Business

• Direct and coordinate all Accounting/Finance functions and activities of the company in order to ensure the smooth and efficient running of the Department
• Ensure compliance with statutory authority and audit requirements
• Maintain integrity of Accounting system (software), ensuring it remains effective and operational at all times
• Ensure all taxation and legislative requirements are complied with at all times
• On a monthly basis conduct balance sheet reconciliation for review by Directors
• Where inconsistencies in reconciliations emerge, take remedial actions or refer to relevant personnel as appropriate
• Update “chart of accounts” monthly to reflect account management activities
• Provide assistance and direction to the business entities regarding financial matters

Finance Administration

• Ensure the monthly reconciliation of all ledgers and sub-ledgers
• Ensure daily on-line reconciliation of bank accounts across the various Banks
• Analyse weekly business performance/results on an outlet by outlet basis, providing feedback to Senior Management
• Review asset position comparing figures with financials, advice management on optimum stock levels at branch and warehouse
• Track and monitor daily revenue for accuracy, verifying it against Bank takings
• Suggest and where approved, implement cost management strategies
• Ensure monthly accruals are adjusted to meet demands of the business
• On a monthly basis monitor and track debtors to ensure they are consistent with contract conditions
• In conjunction with Directors, source and identify finance providers at competitive rates
• In conjunction with IT Systems Administrator, coordinate and implement upgrades to Peachtree, providing necessary information/training to direct reports

Budgeting/Forecasting and Reporting

• Co-ordinate and prepare business plan financial forecasts, annual/monthly budgets, including operating and capital expenditure budgets
• Ensure the accurate preparation/reporting of monthly/weekly financial results in strict accordance with Company deadlines
• Where required, provide assistance/direction to managers with regards to the preparation of budgets
• Ensure approved capital expenditure budgets are adhered to at all times
• Collate all relevant information to produce end of year statutory accounts for the company
• Ensure that end of year statutory accounts report is finalized by specified date and presented to Directors for review
• On an annual basis prepare “budget reports” for review by Directors.
• On a monthly basis track and review expenditure against set budgets providing Directors with a Budget Inconsistencies Report

Asset Management

• Ensure all company assets are monitored and accurately accounted for
• Ensure the fixed assets register is managed and maintained with strict adherence to fixed assets register procedure
• On a monthly basis ensure the general ledger is reconciled to the assets register

KEY REQUIREMENTS

• Bachelor's degree in Accounting or Finance related discipline
• ACA/ACCA is a must.
• FCA/FCCA is an added advantage
• Minimum 3 years experience in a structured organization
• 5 years experience in Banking or Project Finance
• Experience in a fast growing company is an advantage
• Experience with ERP Software tools
• Impressive Excel skills
• Proven presentation skills to both finance and non-finance individuals
• Passion for working with the business to achieve key goals
• A critical thinker with high attention to detail
• Strong commercial acumen
• Demonstrated process improvement
• Extraordinary interpersonal and communication skills

JOB DESCRIPTION

• Prepares asset, liability, and capital account entries by compiling and analyzing account information
• Documents financial transactions by entering account information
• Recommends financial actions by analyzing accounting options
• Summarizes current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports
• Substantiates financial transactions by auditing documents
• Maintains accounting controls by preparing and recommending policies and procedures
• Guides accounting clerical staff by coordinating activities and answering questions
• Reconciles financial discrepancies by collecting and analyzing account information
• Secures financial information by completing data base backups
• Maintains financial security by following internal controls
• Prepares payments by verifying documentation, and requesting disbursements
• Answers accounting procedure questions by researching and interpreting accounting policy and regulations
• Complies with federal, state, and local financial legal requirements by studying existing and new legislation, enforcing adherence to requirements, and advising management on needed actions
• Prepares special financial reports by collecting, analyzing, and summarizing account information and trends
• Maintains customer confidence and protects operations by keeping financial information confidential
• Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies
• Accomplishes the result by performing the duty
• Contributes to team effort by accomplishing related results as needed