Job Summary:
We are looking for a Senior Specialist – Financial Planning & Reporting to join our Finance team. The role will focus on financial reporting, month-end closing, GL accounting, reconciliations, budgeting, forecasting, and financial analysis, while ensuring compliance with IFRS/SOCPA and regulatory.
Key Responsibilities:
- Support the month-end and period-end closing process to ensure accurate and timely completion.
- Review daily General Ledger (GL) postings for accuracy, completeness, proper classification, and compliance with accounting policies.
- Review and validate month-end closing entries, including accruals, provisions, prepayments, amortization, and depreciation.
- Perform and review GL account reconciliations and period-end adjustments.
- Investigate and resolve accounting discrepancies and posting errors.
- Prepare and review bank reconciliations and follow up on outstanding reconciling items.
- Support the preparation of monthly, quarterly, and annual financial statements and management reports in accordance with IFRS / SOCPA.
- Support annual budgeting, forecasting, financial planning, and variance analysis.
- Prepare periodic financial and management reports with relevant analysis and observations.
- Support regulatory reporting requirements and ensure timely submission of required reports.
- Support the preparation, validation, and reconciliation of Zakat, VAT, and WHT returns and statutory reports.
- Ensure accounting transactions comply with applicable accounting standards, internal policies, and regulatory requirements.
- Support internal and external audit activities by providing required financial records and explanations.
- Coordinate with internal departments and finance teams to obtain and validate financial data and supporting documents.
- Prepare weekly and monthly reports for the Head of Financial Planning & Reporting.
- Support continuous improvement of financial reporting, reconciliation, and control processes.
Skills & Competencies:
- Strong knowledge of General Ledger and financial accounting processes.
- Excellent understanding of month-end closing and reconciliation procedures.
- Strong financial analysis and reporting skills.
- Excellent attention to detail and accuracy.
- Strong analytical and problem-solving abilities.
- Good understanding of financial controls and compliance.
- Business acumen and sound financial judgment.
- Strong communication and stakeholder management skills.
- High level of integrity and professional ethics.
- Advanced proficiency in Microsoft Excel and ERP/accounting systems.
- Strong command of English.
Qualifications & Experience:
- Bachelor's degree in Accounting or Finance; Accounting is preferred.
- 6–8 years of overall experience in General Ledger, Financial Reporting, and Accounting.
- 2–3 years of experience in a senior-level finance or accounting role.
- Experience in the insurance sector is preferred.
- Strong experience in month-end closing, GL accounting, financial reporting, and account reconciliations.
- Experience in budgeting, forecasting, financial planning, and variance analysis.
- Good knowledge of IFRS, SOCPA, Zakat, VAT, and WHT requirements.
- Familiarity with regulatory requirements within the insurance sector.
- CPA / SOCPA / IFRS certification is an advantage.
