Accountant

Position Overview

The Accounting Officer is responsible for overseeing the company's fixed assets management, petty cash custodianship, statutory compliance, and contributing to financial analysis and reporting. This role requires a detail-oriented professional who can ensure financial accuracy, regulatory compliance, and contribute to the organization's financial health through timely reporting and analysis.

Reports to: Finance Director

Responsibilities

Fixed Assets Management

• Maintain an accurate and up-to-date fixed asset register, tracking acquisitions, disposals, and transfers.
• Oversee the capitalization of fixed assets and ensure proper classification.
• Reconcile the asset register with the custodians' fixed assets inventory report
• Monitor and record depreciation expenses in accordance with company policy and accounting standards.
• Prepare fixed asset reports for management and auditors as needed.

Petty Cash Custodian

• Manage the petty cash fund, ensuring that all transactions are properly recorded and substantiated.
• Ensure proper authorization and disbursement of petty cash requests, adhering to company policies.
• Conduct regular reconciliations of petty cash balances and submit reports for review.
• Monitor cash flow within the petty cash fund, replenishing as necessary and keeping records of all activities.

Statutory Compliance

• Ensure that all statutory requirements are met, including tax filings (e.g., VAT, withholding taxes), social security, and other government-mandated obligations.
• Prepare and submit reports for regulatory agencies within the required timelines.
• Maintain knowledge of changes in tax laws and regulatory requirements, updating procedures as necessary to ensure compliance.
• Collaborate with external auditors and government agencies during audits, providing documentation and addressing queries.

Financial Analysis and Reporting

• Assist in preparing and reviewing financial statements, including balance sheets, income statements, and cash flow reports.
• Prepare journal entries, perform account reconciliations, and assist in month-end closing activities.
• Analyze financial data to identify trends, variances, and areas for improvement.
• Participate in the budgeting and forecasting process, providing relevant data and analysis.
• Provide insights and recommendations for cost-saving opportunities and process improvements.
• Assist in the preparation of financial reports for management.

Any additional duties or projects that may be assigned to support team objectives or organizational needs.

Requirements and Skills

Educational Background

• Bachelor's degree in Accountancy
• CPA certification preferred but not required.

Experience and Knowledge

• Proven experience in accounting or finance
• Strong understanding of basic accounting principles and tax laws
• Proficiency in using accounting software (e.g. QuickBooks) and spreadsheet applications (e.g., Microsoft Excel).
• Experience in a similar role in the BPO industry is a plus

Technical Skills

• Proficiency in using accounting software (e.g. QuickBooks) and spreadsheet applications (e.g., Microsoft Excel).

Soft Skills

• Excellent organizational and time-management skills, with the ability to handle multiple responsibilities efficiently.
• Proven ability to prioritize tasks, meet deadlines, and manage time effectively.
• Strong analytical abilities to interpret financial data, identify trends, and address discrepancies.
• Detail-oriented with the capacity to perform account reconciliations and financial analysis.
• Excellent verbal and written communication skills for interacting with internal teams, external auditors, and regulatory bodies.
• Flexibility to adapt to changing priorities and requirements.
• Ability to handle ad hoc tasks as assigned.