Job Description

Job Purpose

• To enhance sound financial decision making by developing and implementing financial accounting and reporting system that provides accurate and current information to stakeholders.
  Duties and Responsibilities
  
  Generic Duties:
• Plans, leads, organizes, staffs & controls department’s overall activities.
• Designs and implements procedures, systems, and tools to maximize departmental operating efficiency.
• Assesses risks by following industry trends to ensure profitability, company survival and provide solutions.
• Coaches, mentors, and develops employees through periodic performance evaluations and ongoing performance dialogue and feedback.
• Ensures adherence to company policies and procedures and undertake disciplinary actions if the need arises.

Main Duties & Responsibilities:

• Develops, implements, and monitors the Department’s strategic, operational plans and budgets.
• Reviews the general ledger structure, chart of accounts, policies, and procedures to enable financial statement preparation and compliance with all required financial audits.
• Initiates the updating of chart of account whenever needed and facilitates opening of general and subsidiary ledger accounts.
• Manages the process of preparation and review of journal entries, balance sheet and reconciliations.
• Oversees effective implementation of company’s financial policies and procedures and ensures relevant government regulations are observed by all concerned parties.
• Checks all reconciliations are properly and timely prepared.
• Reviews transactions to ensure they are properly recorded, and books of accounts are balanced.
• Leads the preparation of general accounting reports at the end of each month and reports it to the immediate supervisor.
• Manages monthly closing of financial records and posting of month-end information and ensures accuracy of financial statements.
• Follows up timely preparation and submission of monthly, quarterly, and semi-annual interim financial statements report.
• Provides required documents and explanations to external and internal auditors.
• Facilitates external auditing and follow up the timely completion of the Annual Audit Reports.
• Validates and analyzes financial statements, performs variance analysis, and follows up on key issues identified.
• Reviews and recommends improvements to finance policies, internal controls, systems, and processes.
• Prepares the corporate consolidated financial reports to show profit and losses and gives professional comment with recommendations.
• Leads the implementation and development of new procedures and features to improve the workflow of the department.
• Ensures authorized signatories are up to date, signs statements on time, and coordinates reviews as needed.
• Anticipates and documents the impact of new accounting rules on the Company's finstatements.
• Ensures integrity of the accounting system by monitoring that accounting transactions are correctly posted, and financial and management reports are produced on a timely basis.
• Performs other duties assigned by the immediate supervisor.