Accountant

Job title: Accountant.

Reporting line: Financial Controller, with a dotted-line reporting to the Board of Directors.

Main Responsibilities:

1) Financial Management

• Direct and oversee the implementation and adherence to the organization’s financial policies and procedures.
• Participate in the age analysis of Accounts Receivables and Accounts Payables to ensure timely and accurate collection of billings or settlements of dues.
• Monitor maintenance agreements/SLA signed with clients to ensure timely invoicing. Track the status of ongoing projects with the Head of Projects to ensure accurate billing and collections.

2) Financial Reporting

• Produce accurate and timely monthly management accounts and annual consolidated financial statements in compliance with IFRS.
• Prepare timely and accurate reconciliations and schedules, including the
• statement of compliance and Corporate Governance report for the audit
• review process.
• Review both physical and electronic filing systems in line with applicable
• policies and fiscal regulations to ensure compliance with planned tax
• audits, surprise checks, and ISO-certified annual audits.

3) Budgeting and Forecasting

• Lead the annual budgeting process, collaborating with Head of Departments to establish realistic financial targets.
• Lead the semi-annual forecasting exercise by providing budget versus
• actual results to Head of Departments and supporting their business
• planning assumptions for budget committee approval.
• Collaborate with the budget team for regular budget-versus-actual review sessions and upload budgeted figures into the accounting software.

4) Cash Flow Management

• Manage cash flow effectively, optimizing working capital, improving cash
• conversion cycles and ensuring the organisation’s liquidity needs are met.
• Leverage optimal strategies to ensure excess liquidity into short-term
• investments while reducing financial risks.

5) Compliance and Regulatory Adherence

• Coordinate with external/internal auditors to ensure a smooth and efficient tax and statutory audit process.
• Review statutory compliance workings and ensure the filing of statutory returns within the MRA Tax calendar
• Stay abreast of changes in financial regulations and ensure the organisation’s compliance.

6) Team Leadership

• Lead the finance team, providing guidance and mentorship to team members.
• Foster a culture of continuous improvement and professional development with the support of the performance management system in place.

Qualifications & Experience

• Completed Level 2 and ongoing Level 3 of ACCA, ACA or an equivalent professional accounting qualification.
• Minimum ten (10) years of relevant experience in Accounting or Finance,
• preferably within a corporate environment.
• Previous experience in auditing is desirable.
• At least two (2) years of experience in a team leadership or supervisory role is desirable.
• Strong understanding of ERP systems and multi-interfacing environments.
• Experience in credit control, accounts receivable and collections would be an advantage.

Key Competencies

• Strong analytical and problem-solving skills.
• Ability to communicate effectively with senior management and Board members.
• Strong organizational and time-management skills.