Finance Officer at Machine and Equipment Corporation Africa Limited (MECA)

Main Function

• The Finance officer is responsible for ensuring accurate computation and retirement of accounts.
• He/She is also responsible for preparing accurate and timely financial reports and statements and ensure appropriate accounting control procedures.

Role and Task Complexities
Finance 90%:

• Prompt update on all current vouchers and cash books for payment
• Oversee accurate and appropriate recording and analysis of revenues and expenses
• Ensure financial records are maintained in compliance with accepted policies and procedures
• Manage and reconcile all accounts and make certain all financial reporting deadlines are met
• Ensure accurate and timely monthly, quarterly and year end close processes
• Prompt resolution of accounting discrepancies and irregularities
• Prepare budget for staff and vendor payment
• Oversee accurate and appropriate recording and analysis of revenues and expenses
• Collect and analyze financial information to recommend or develop efficient use of resources and procedures, provide strategic recommendations and maintain solutions to business and financial problems
• Ensure compliance with relevant laws, regulations and integrity of financial data
• Prompt generation of cash estimates and budget preparation for ongoing and prospective business ventures
• Any other task assigned by supervisor.

Research10%:

• Conduct financial research and analytical support to sales and marketing teams.
• Read periodical and or annual financial statements to assess the estimated future earnings.
• Participate in investors meetings and interact with the senior financial and management teams.
• Keep track of the changing trends in business processes, ensuing competition and new & changing regulatory policies to protect investors’ interests.

Technical Skills Requirements

• First Degree in Accounting
• At least 4 years’ experience in the management of financial systems and budgets, financial reporting, financial data and analysis.
• Knowledge of applicable laws, codes and regulations
• Knowledge and experience of accounting software and computer applications

Knowledge and Competences:

• Attention to details and accuracy
• Strong communication skills
• Information and task monitoring
• Analytical judgment and problem-solving skills
• Stress tolerance
• Risk assessment, analysis and management