Senior Accountant

Job Description

Job Description

• Oversee day-to-day accounting operations, including accounts payable, accounts receivable, general ledger, and bank reconciliations.
• Prepare and review financial statements, ensuring accuracy, completeness, and compliance with accounting standards.
• Conduct financial analysis, identify trends, and provide insights to management for strategic decision-making.
• Coordinate with external auditors and support the completion of annual audits.
• Collaborate with the management team to develop annual budgets and financial forecasts.
• Monitor and analyze actual performance against budgeted targets, identifying variances and recommending corrective actions.
• Provide guidance and support to department heads in budget preparation and expenditure tracking.
• Prepare financial projections and models for business planning and investment analysis.
• Manage cash flow by monitoring inflows and outflows, optimizing working capital, and ensuring adequate liquidity.
• Maintain relationships with banks and financial institutions, overseeing banking transactions and managing banking facilities.
• Perform periodic cash flow forecasts, assess funding needs, and recommend strategies for optimizing cash resources.
• Monitor and reconcile Intercompany transactions and balances.
• Ensure compliance with tax regulations, including VAT, withholding tax, and corporate tax filings.
• Coordinate with external tax advisors to prepare and submit tax returns and reports.
• Stay updated with changes in tax laws and regulations, advising management on potential impacts and opportunities.
• Maintain accurate records and documentation for tax compliance and audits.
• Supervise and provide guidance to the accounting team, ensuring effective performance and professional development.
• Review and approve journal entries, reconciliations, and financial transactions.
• Foster a culture of continuous improvement, implementing best practices, and streamlining accounting processes.
• Train and mentor junior accountants, facilitating their growth and development.