Accountant at Ivee Consulting Limited

Job Overview

• The Accountant will be responsible for managing the day-to-day accounting operations, including maintaining financial records, preparing financial statements, and ensuring compliance with relevant accounting standards and regulations.

Key Responsibilities
Financial Recordkeeping:

• Maintain and update accurate financial records, including the general ledger, accounts payable, accounts receivable, and bank reconciliations.
• Ensure that all transactions are properly recorded and classified in accordance with accounting principles and company policies.

Financial Reporting:

• Prepare monthly, quarterly, and annual financial statements, including balance sheets, income statements, and cash flow statements.
• Assist in the preparation of financial reports for senior management and stakeholders.

Accounts Payable & Receivable:

• Manage the accounts payable and receivable process, ensuring timely and accurate processing of invoices and payments.
• Monitor outstanding payments and follow up with customers or suppliers as needed.

Payroll Processing:

• Ensure accurate and timely processing of employee payroll, including the calculation of salaries, bonuses, and deductions.
• Maintain payroll records and ensure compliance with tax regulations.

Budgeting & Forecasting:

• Assist with the preparation of annual budgets and financial forecasts.
• Monitor actual performance against budgets and report any discrepancies to management.

Tax Compliance & Reporting:

• Assist in preparing tax filings, including VAT, PAYE, and corporate tax returns, ensuring compliance with tax laws.
• Maintain accurate records of tax liabilities and payments.

Internal Controls & Auditing:

• Implement and maintain internal controls to safeguard financial assets and ensure the integrity of financial information.
• Assist with internal and external audits, providing necessary documentation and explanations.

General Finance Support:

• Provide support to the Finance Manager and other departments in various financial matters as needed.
• Assist in the preparation of financial analysis to support decision-making.

Key Performance Indicators (KPIs)
Accuracy of Financial Reporting:

• Achieve a target of 100% accuracy in the preparation and submission of financial statements and reports.
• Timely completion of monthly, quarterly, and annual financial reports with minimal errors.

Accounts Payable & Receivable Management:

• Ensure accounts payable and receivable are processed within [specified time frame] (e.g., 5 days) of receipt of invoices.
• Maintain a collection rate of 95% or higher on outstanding receivables.

Payroll Processing:

• Timely and accurate payroll processing with 100% accuracy in employee compensation and tax deductions.
• Zero payroll errors or delays.

Tax Compliance:

• Ensure 100% compliance with tax regulations, with all tax filings submitted on time.
• Zero instances of tax penalties or late payments.

Budget Monitoring & Discrepancy Resolution:

• Achieve a budget variance of no more than 5% between projected and actual expenses.
• Proactively identify and address discrepancies in financial reports within [specified time frame].

Qualifications
Education:

• Bachelor's Degree in Accounting, Finance, or a related field (CPA or ACCA certification preferred).

Experience:

• Minimum of 3 years of experience in accounting or finance, preferably in a corporate or at a digital banking environment.
• Experience with financial software and accounting systems (e.g., QuickBooks, SAP, Xero).

Skills & Knowledge:

• Strong understanding of accounting principles, financial reporting, and tax regulations.
• Proficiency in accounting software and MS Excel.
• Attention to detail and strong organizational skills.
• Ability to meet deadlines and handle multiple tasks simultaneously.
• Excellent communication and interpersonal skills.