Job Description
JOB PURPOSE:
The Accounting Manager is responsible for leading and managing all accounting activities within
the organization. This role ensures accurate financial reporting, compliance with accounting
principles and regulations, and effective management of the accounting team.
KEY ACCOUNTABILITIES
Prepare and analyze financial statements in compliance with accounting principles and regulations. measures the percentage of financial statements prepared and analyzed accurately in compliance with accounting principles and regulations. It can be calculated by dividing the number of accurately prepared statements by the total number of statements, multiplied by 100.
Ensure timely and accurate financial reporting, including balance sheets, income statements, and cash flow statements.
Measures the ability to meet reporting deadlines for financial statements, such as balance
sheets, income statements, and cash flow statements. It can be measured by tracking the number
of financial reports submitted on time against the total number of reports within a specified period.
Review and validate financial data, identifying and addressing any discrepancies or errors.
Assesses the effectiveness of reviewing and validating financial data. It measures the percentage
of financial data reviewed and validated accurately, taking into account discrepancies and errors
identified and addressed.
Oversee the general ledger activities, including account reconciliations, journal entries, and month-end and year-end closing processes.
Evaluates the accuracy of general ledger activities, including account reconciliations. It measures the percentage of reconciliations that are error-free and properly documented.
Ensure accuracy, completeness, and integrity of financial records.
Assesses the accuracy, completeness, and integrity of financial records. It can be measured by conducting periodic internal audits or reviews to identify any inconsistencies or gaps in
financial records.
Ensure compliance with relevant accounting standards, regulations, and legal requirements.
Measures the degree of adherence to relevant accounting standards, regulations, and legal
requirements. It can be measured through internal audits or assessments to evaluate compliance with specific guidelines.
Manage and develop a team of accounting professionals, including performance management, coaching, and mentoring.
Assesses the performance of the accounting team. It can include
metrics such as employee satisfaction, training completion rates, and timely completion of
assigned tasks.
Provide guidance and support on technical accounting matters and ensure professional development opportunities for team members.
Evaluate the improvement in the team's technical accounting knowledge and skills.
COMMUNICATIONS & WORKING RELATIONSHIPS
Collaborate with finance team members, including Finance Manager, AR, AP, and Treasury to
ensure accurate and timely financial reporting.
Coordinate with external auditors to facilitate the audit process, providing necessary documentation
and addressing inquiries.
Collaborate with tax advisors to ensure accurate and timely tax filings and compliance with tax
regulations.
FRAMEWORKS, BOUNDARIES, & DECISION MAKING AUTHORITY
Financial Reporting Framework: Operate within the established financial reporting framework, adhering
to relevant accounting principles, regulations, and internal policies.
Compliance Boundaries: Ensure compliance with accounting standards, regulations, and legal
requirements, including tax laws and financial reporting guidelines.
Internal Controls: Establish and maintain effective internal controls to safeguard company assets,
mitigate financial risks, and ensure accuracy and integrity of financial records.
Budgetary Limits: Work within approved budgets and provide input on budgeting and forecasting
processes. Seek appropriate approvals for budget variances and significant financial decisions.
Resource Allocation: Allocate resources effectively within the accounting team, including staffing,
training, and budget allocation, to ensure efficient and productive operations.
Risk Management: Identify financial risks and recommend mitigation strategies. Escalate significant
risks and issues to senior management for appropriate actions.
Collaboration and Consultation: Collaborate with cross-functional teams, such as finance, operations,
and executive management, for financial analysis, planning, and decision-making. Consult with
external auditors, tax advisors, and regulatory authorities as necessary.
Desired Candidate Profile
Profile:
Bachelor s degree in accounting, Finance, or a related field. IFRS Cert designation is preferred.
Proven experience as an Accounting Manager or in a similar role.
Strong knowledge of accounting principles, regulations, and financial reporting.
Proficiency in using accounting software and ERP systems.
Excellent analytical and problem-solving skills, with attention to detail.
Strong leadership and people management abilities.
Effective communication and interpersonal skills.
Ability to prioritize and manage multiple tasks in a fast-paced environment.
Familiarity with relevant accounting standards (e.g., IFRS) and tax regulations.
Education:
Bachelor of Commerce(Commerce), Bachelor of Business Administration(Management)
Gender:
nm
Nationality:
Any Nationality