Accountant at Persianas Retail Limited

Job Description

Position Summary/Objectives:
The Accountant performs a variety of accounting and bookkeeping duties according to established policies and procedures. He analyses and prepares financial and management reports to aid management decisions as well as provides financial information to management by researching different accounting data.
He ensures accuracy of PRL financial records and compliance with best practice financial management principles and regulatory requirements. The Accountant is responsible for an accurate booking and allocation of expenses and investments, for the monthly accruals, for the amortization of prepaid expenses, for the fixed assets depreciation, etc.
Key Roles & Responsibilities
Reports to: Finance Manager

• Manage an accurate financial administration (creditors, debtors, salary administration, ledgers) and monitors the cash flow, the goods flow, accounts, and other financial transactions.
• Ensure timely and accurate preparation of periodic management reports to aid management decision-making process.
• Prepare periodic financial reports, ensuring compliance with defined accounting policies and financial reporting standards.
• Perform financial analysis as required.
• Provide assistance with stock reconciliation and reports at PRL retail outlets as required. Assist in the preparation of setting up the company budgets for the next financial year. Ensure the invoices are controlled and approved by the line management, before processing in the bookkeeping system. Develops system for the maintenance of financial records, making use of current technologies.
• Prepare and ensure prompt remission of all statutory payments towards including VAT, PAYE tax, employee and Company pension contributions.
• Liaise with Auditors/ Tax consultant and external Auditors (FIRS/LIRS etc.) on various audit activities. Make timely payment to the tax authorities after approval by Line Manager. Maintain a good relationship with the tax authorities.
• Perform general internal audit activities for PRL.
• Manage PRL’S general ledger and account statements; and ensure all transactions are processed in line with acceptable accounting principles.
• Maintain Petty cash Book.
• Perform periodic ledger and bank reconciliations as required.
• Oversees POS collection and re-conciliation.
• Manage the receipts and deposits of cash and bank transactions, including foreign transfers, to ensure the accuracy of PRL’s financial position.
• Maintain an accurate and up-to-date record of all financial activities. 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. Ensures differences in the stock administration are sorted out. Assist the Finance Manager to formulate the Financial Handbook as well as review and rewrite the current procedures. Provide advice and updates the Finance Manager on any irregularities of concerns about invoices or any other financial matters. Analyzes financial differences, solves and discusses the complex ones, which demands a higher hand decision to the Finance Manager.
• Perform any other duties as assigned by the Finance Manager.

Job Requirements:

• Good working knowledge of Accounting Software/computers/ Microsoft office.
• Good financial and accounting knowledge, including understanding of finance best practices and IFRS/ international accounting and financial reporting standards.
• Good communication (written and verbal), interpersonal and people management skills.
• Ability to manage multiple priorities.
• Strong analytical and problem-solving skills.
• Ability to work independently, anticipate work needs and follow through with minimum direction.
• High ethical standards and integrity.
• Ability to perform at high levels in a fast-paced ever-changing work environment.
• Disciplined and anticipative. A desire for continuous business improvement and professional development. Good team player and able to collaborate with other teams in the organization.

Personal Attributes:
The incumbent must also demonstrate the following personal attributes:

• Demonstrate sound work ethics
• Be honest and trustworthy
• Be respectful 
• Be organized
• Be thorough
• Show commitment to PRL
• Qualifications & Experience:
• Bachelor’s degree or its equivalent in Accounting.
• Relevant professional qualifications such as ACA, ACCA, CMA.
• Minimum of five (5) years relevant experience in Accounting/ Finance

 Only candidates with professional accounting/financial qualification and at least 4 years core work experience as an accountant would be considered.