Financial Reporting Specialist at CMB Building Maintenance and Investment Company Limited

Reports To: Head of Financial Performance & Reporting
Direct Reports: Supervisors, Officers and Interns

Job Purpose

• To ensure accurate reporting of financial transactions and effective management of financial resources and systems.

Key Responsibilities

• Liaises with HOD, FPR to develop/update and implement financial and accounting policies, procedures and strategies across the Group.
• Manages the day-to-day accounting transactions and ensures the accurate recordings/postings of financial data.
• Prepares the trial balance and financial reports (e.g. bank reconciliations, balance sheet, profit and loss accounts).
• Implements control systems and processes to secure the organization’s assets.
• Acts to ensure the accuracy of inventory balances by reconciling the book balance of stock/cash to physical balances.
• Monitors the fixed asset ledgers to ensure accuracy of balances by effectively reconciling book balance to physical balance.
• Liaises with internal and external auditors to discuss and resolve queries.
• Provides detailed and accurate reports to Executive management on a regular basis to support business objectives.
• Analyze and interpret financial information for Company strategic planning and business decision making.
• Prepare weekly work plans and time sheets for submission to Head of Department.
• Departmental Budget Savings of at least 20%.
• Promptness of service delivery and support for other departments.
• Be a role model for the entire team and always keep the team morale and energy high.
• Provide Accounting policy (Specific to Financial Reporting) orientation for new employees admitted into the department.
• Closure of audit non-conformity within stipulated time
• Attendance of departmental quality meeting and technical meetings.

Performance Area Key Performance Indicator (KPI)
Accounts Management:

• Integrity of physical and electronic accounting financial information.
• Timely resolution of accounts discrepancies.
• Accuracy in documentation and easy retrieval of financial transaction records.
• Number of timely losses within the Organization on various transactions identified.
• Timely reconciliation of accounts.

Financial Reporting:

• Timeliness, completeness and accuracy of financial reports.
• Relevance of reports to decision making.
• Compliance and record management
• Timely completion of reconciliation of accounts.
• Accuracy in filing and easy retrieval of documents.
• Non-compliance of staff to finance policies and procedures.
• No. of detected breaches in internal controls.
• Frequency and number of fraud incidents.

Team Management:

• Managing the team efficiently.
• Trouble shooting.
• Contribution to the employee productivity.

Reporting:

• Prompt submission of Monthly and Quarterly performance reports.

Key Skills And Competencies

• Excellent follow through, ability to pay attention to details and organizational skills.
• High level of professionalism and dedication towards work.
• Analytical, problem solving and decision making skill
• Excellent interpersonal and negotiation skills.
• Excellent written and verbal communication skills.
• Ability to multitask and work well under pressure.
• Strategic thinking, forecasting and planning skills.
• Strong quantitative, analytical and computer skills.
• Able to identify and manage both transactional and operational risks.

Qualifications

• Bachelor’s Degree in Accounting/ Business Management/Economics
• Minimum of 6 years experience in Accounting
• Real Estate experience is an added advantage
• Must be professionally qualified as an Accountant