Assistant Accountant

Deadline: Friday 4^th October 2024

We are looking for an Assistant Accountant to join Medine group I Shared Services. This role will assist Accountant(s) in the maintenance, reporting, and management of the organisation’s finance.

Duties and Responsibilities

Assistance

• Work closely with direct reporting line to ensure a smooth running of the finance team.
• Assist in the preparation of year budget, cash flow, income, expenditure patterns among others.
• Assist in the update of financial procedures. Update and ensure it is communicated to all concerned staff.
• Assist in the end of year closing and financial statement preparation.
• Assist in the preparation of reports as required by law, regulations, and company policies.
• Assist in the audit and statutory reporting requirements.

Monitoring

• Monitor debtors and creditors ledger.
• Monitor all budgets on a monthly basis.
• Escalate significant budget variances concerns on a timely basis to enable corrective action to be taken quickly.
• Monitor invoices and cheques requisitions and ensure procedure is followed accordingly.
• Review Purchase Orders. Check documents for completeness and compliance with financial policies and procedures.
• Liaise with external service providers for timely delivery of accounts. Review the work to ensure accuracy.
• Prepare audit file for year-end audits.

Analysis

• Provide assistance to project managers in cost control.
• Perform relevant cost analysis.
• Monitor the efficiency of internal controls.
• Assist direct superior in the implementation of policies and procedures.
• Analyse results against budgets and re-forecasting of revenue and expenses for future months.

Financial Management

• Compute figures and prepare recurring account statements.
• Compute taxes owed and prepare tax returns, ensuring compliance with payment reporting and other tax requirements.
• Prepare management accounts and budgets.
• Prepare cash flows.
• Prepare Statutory accounts.

Team Management

• Give appropriate work instruction to subordinate. Coordinate and supervise work of team.
• Do weekly works programs/ priorities for team and report back.
• Set goals, establish result measurements and review job progress of subordinates.
• Provide assistance in training/ coaching and support development of team.
• Keep team motivated.
• Ensure that work meets quality standards by reviewing work for accuracy and proper completion and monitoring output

Minimum education requirements

• Partly ACCA qualified – Level 1 & 2 achieved

Candidate’s Profile

• Demonstrate clear understanding of VAT issues and procedures.
• Have knowledge of the builder’s certificate procedures.
• Excellent knowledge of accounting and bookkeeping terminology and practices.
• Ability to detect errors.
• Ability to understand and apply current accounting guidelines and policies.
• Ability to follow, apply, interpret and explain instructions.
• Ability to work in tight deadlines.
• Ability to prioritize own workload and those within team.
• Proactive.
• Excellent communication skills, both written and verbal.