Centum Investment Company Limited: Accountant Job 2019
Job Summary
The role reports to the Managing Director, Zohari Leasing Limited and will be responsible to all accounting and finance related services which shall include to posting of all transactions, cost tracking, general ledger maintenance, financial reporting, tax filing, budgeting and processing payments among other responsibilities.
Responsibilities
1. Accounting & Transaction Processing
- Monthly/quarterly finance close procedures and reporting of financial results
- Analyze balance sheet and expense accounts and prepare necessary journal entry adjustments and general ledger maintenance
- Ensure proper accounting and posting of transactions accordance with lease terms and applicable accounting rules, including lease rental income accrual, depreciation charges, receivables, prepayments etc
- Preparation of invoices for rental payments and other receivables
- Institution of financial controls in line with approved budgets
- Processing of payments per the procurement guidelines
2. Budgets
- Prepare, analyse, monitor and report project financial information including budgets, expenditure, forecasts, cost control and cash flows
- Assist in preparation and update of budgets and forecasts including assumptions
- Track all costs and budget including processing of all related invoices and lead quarterly budget meetings to identify and discuss any cost / budget issues
- Coordinate with the business team and group finance team to reconcile budgets against funding line / financing source
- Coordinate with financiers to ensure drawdowns are undertaken as scheduled and repayments structured accordingly
- Identify and report on expenditure, budget and income variations as well as implementing monitoring processes to provide for effective project management and deliver
3 Working Capital Management
- Regular assessment of operating liquidity needs and liaising with operations team to fund the accounts on a need basis.
- Cash flows forecasting and weekly reporting on liquidity position.
- Key liaison with bankers on the current account operations.
- Forex cost management
3.Internal Controls
- Maintain and monitor costs and expenses within the approved budgets
- Ensure correct account
4.Financial Reporting & Analysis
- External and internal audit support
- Preparation of annual financial statements for sign off by Group Financial Controller
- Prepare ad hoc financial analysis for management
6.Compliance
- Ensure compliance with all company policies and procedures.
- Monthly filing and payment of VAT and Withholding tax.
7.Other duties
- Organization of physical accounting files, maintain leasing related records including insurance, invoices and LPO’s
- Ensure financial management tools and information systems are up to date and reconciled between themselves
- Perform own administrative duties
Job Requirements
Required education: Bachelor’s degree
Required relevant work experience: 3 years
Required languages: English (Spoken: fluent | Written: fluent)
Salary range: Confidential | Contract type: Permanent
You have 1 days left to apply for this job.