Job Description

Job Summary
Job Summary:

• You will play a key role in ensuring the accuracy and integrity of financial transactions, maintaining compliance with accounting standards, and contributing to the overall financial health of the organization.
• The Senior Accountant will work collaboratively with cross-functional teams and provide valuable insights into strategic decision-making

Key Responsibilities:
Financial Reporting and Analysis:

• Prepare accurate and timely monthly management accounts, including balance sheets, income statements, and cash flow statements.
• Analyze financial data, trends, and performance metrics to provide actionable insights to management.

Month-end and Year-end Close:

• Lead the month-end and year-end closing processes, ensuring all financial activities are accurately recorded.
• Assist in financial audits by providing necessary documentation and information related to accounts payable.
• Assist in the annual budget process

Payment Processing:

• Prepare and process payment batches and electronic payments.
• Manage the payment schedule to ensure timely and accurate disbursements.
• Monitor and address any issues related to payment processing, such as rejected payments or payment inquiries from suppliers.

General Ledger Management:

• Maintain and reconcile general ledger accounts to ensure accuracy and completeness.
• Identify and rectify discrepancies, investigating and resolving variances.

Financial Controls and Compliance:

• Establish and enforce internal controls to safeguard financial assets and ensure compliance with industry regulations.
• Assist in the preparation for and coordination of internal and external audits.
• Establish and enforce internal controls related to stock receipts to ensure accuracy and prevent errors.

Stock Receipts and Reconciliation:

• Oversee the receipt of stock, ensuring accurate and timely recording of all transactions.
• Reconcile stock receipts with purchase orders, ensuring consistency and resolving discrepancies.
• Prepare monthly supplier reconciliations and work closely with suppliers address any issues related to stock receipts

Inventory Valuation:

• Work closely with the procurement and supply chain teams to understand stock valuation methods.
• Implement and maintain appropriate stock valuation practices, such as FIFO or LIFO.
• Budgeting and Forecasting:
• Collaborate with the finance team to contribute to the budgeting and forecasting processes.
• Provide financial insights to support the development of accurate and realistic budgets.

Required Skills and Qualifications:

• Bachelor of Accounting
• CA - 2-3 years post articles experience
• CIMA - 2-3 Years experience
• BCom(Accounting) - 3-5 years' experience
• Good knowledge of Microsoft Office (Word, Outlook)
• Advanced Excel
• Good knowledge of Pastel/similar accounting system
• Strong analytical and problem-solving skills.
• Excellent attention to detail and organizational abilities.
• Effective communication and interpersonal skills.
• Deadline driven
• Time Management skills
• Able to work under pressure
• Planning skills

OttoBauthentic
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