The Accounts Manager will supervise, monitor, and evaluate all day-to-day accounting activities.
In addition, he/she will be developing and implement systems for collecting/recording, posting, analyzing, verifying, and reporting financial information.
Primary Responsibilities
Plan, implement and oversee day to-day accounting operations
Ensure all accounting and financial related documents are well captured, stored and managed
Monitor and analyze accounting data and ensure accuracy and timely postings
Adhere to proper accounting methods, policies and principles and ensure employees adhere as well
Ensure that all transactions are captured with source documents & posted into the ERP Software
Daily review of all postings to ensure that postings, reconciliations and corrections are done daily and accurately.
Post all end of month adjustments and ensure a clean close of period
Intercompany Accounts are posted correctly, and all company accounts are well maintained.
Setup and manage an effective document management system for all Accounting related activities.
Ensure effective control of sensitive accounting and financial documents - cheques, tax documents etc.
Oversee the Bank reconciliation processes and ensure that all Banks are properly analyzed and reconciled daily.
Ensure all forms of cash within the organization are properly managed and accounted for
Ensure all Bank Loans are properly analyzed, interest calculations are done and reconciled with the Bank deductions etc. Ensure repayment schedules are kept in view and arrangements made for them 30 days before they are due
Ensure that all Fixed Assets and Assets of the company are properly managed - received, registered, depreciated properly and accounted for
Oversee the Inventory and Warehouse Officers to ensure that all assets are adequately accounted for.
Ensure the team is ready for the Annual Audit process and coordinate engagements with the
Auditors
Ensure all tax obligations are being met in a timely manner for all the companies - VAT, WHT, CIT etc.
Ensure Annual, Monthly and Weekly Budgets are properly done.
Project and plan for future cash requirements. Cash Plans and other payments should be accurately forecasted and planned for
Accurate reporting for Management.
Perform all other functions as may be directed by the FC/MD.
Requirements
B.Sc and MBA/MSc with ICAN/ACCA
Proven experience in Manufacturing Companies
Experience as an Accountant (minimum 8 years)
Experience in Financial Planning and Analysis, Budgeting, and Forecasting
Experience managing a team of accountants
Hands-on experience with ERP Systems (Odoo)
Experience in Cash Management, Risk Management, Auditing, and Taxation
Prior experience in financial strategy and executing financial strategic initiatives
Good understanding of GAAP and IFRS
Strong knowledge in managing accounting records
Understanding of Accounts/Finance processes and procedures