Assistant Accountant

We are looking for our next Assistant Accountant who will be responsible for the maintenance, reporting and the management of the organisation’s finance

We are looking for our next Assistant Accountant who will be responsible for the maintenance, reporting and the management of the organisation’s finance. 

The duties of an Assistant Accountant at Medine Group involve : 

Assistance

• Work closely with direct reporting line to ensure a smooth running of the finance team.
• Assist in the preparation of year budget, cash flow, income, expenditure patterns among others.
• Assist in the update of financial procedures. Update and ensure it is communicated to all concerned staff.
• Assist in the end of year closing and financial statement preparation.
• Assist in the preparation of reports as required by law, regulations and company policies.
• Assist in the audit and statutory reporting requirements.

Monitoring

• Monitor debtors and creditors ledger.
• Monitor all budgets on a monthly basis.
• Escalate significant budget variances concerns on a timely basis to enable corrective action to be taken quickly.
• Monitor invoices and cheques requisitions and ensure procedure is followed accordingly.
• Review Purchase Orders. Check documents for completeness and compliance with financial policies and procedures.
• Liaise with external service providers for timely delivery of accounts. Review the work to ensure accuracy.
• Prepare audit file for year-end audits.

Analysis

• Provide assistance to project managers in cost control.
• Perform relevant cost analysis.
• Monitor the efficiency of internal controls.
• Assist direct superior in the implementation of policies and procedures.
• Analyse results against budgets and re-forecasting of revenue and expenses for future months.

Financial Management 

• Compute figures and prepare recurring account statements.
• Compute taxes owed and prepare tax returns, ensuring compliance with payment reporting and other tax requirements.
• Prepare management accounts and budgets.
• Prepare cash flows.
• Prepare Statutory accounts.

Team Management

• Give appropriate work instruction to subordinate. Coordinate and supervise work of team.
• Do weekly works programs/ priorities for team and report back.
• Set goals, establish result measurements and review job progress of subordinates.
• Provide assistance in training/ coaching and support development of team.
• Keep team motivated.
• Ensure that work meets quality standards by reviewing work for accuracy and proper completion and monitoring output

Minimum education requirements 

• Partly ACCA qualified – Level 1 & 2 achieved

Candidate's Profile

• Demonstrate clear understanding of VAT issues and procedures.
• Have knowledge of the builder’s certificate procedures.
• Excellent knowledge of accounting and bookkeeping terminology and practices.
• Ability to detect errors.
• Ability to understand and apply current accounting guidelines and policies.
• Ability to follow, apply, interpret and explain instructions.
• Ability to work in tight deadlines.
• Ability to prioritize own workload and those within team.
• Proactive.
• Excellent communication skills, both written and verbal.