Sr. Accountant
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Key skills for this role
Key Skills for This Role
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Accounting and Financial Reporting
- Maintain the general ledger in accordance with IFRS and company accounting policies.
- Prepare and review monthly, quarterly, and annual financial reports.
- Execute month-end and year-end closing activities within prescribed timelines.
- Review accruals, prepayments, provisions, adjustments, journals, and reconciliations.
Project Finance and Cost Control
- Monitor project costs against approved budgets and cost breakdown structures.
- Record direct and indirect project costs, site expenses, material usage, and subcontractor costs.
- Prepare work-in-progress reports and monitor project profitability, cost variances, and financial risks.
- Support revenue recognition based on project progress and contractual terms.
Budgeting and Cash Management
- Assist with annual budgets and periodic forecasts.
- Monitor customer invoicing, advance payments, retentions, collections, and project cash flows.
- Support cash flow planning and working capital management.
Compliance, Controls, and Audit
- Ensure compliance with applicable VAT laws and review VAT computations, returns, and supporting documentation.
- Ensure adherence to internal controls, accounting standards, and company financial policies.
- Support internal and external audits and address audit observations.
Reconciliations and Stakeholder Coordination
- Review accounts payable and subcontractor payments and reconcile bank, supplier, subcontractor, and customer accounts.
- Monitor collections and coordinate with departments to resolve billing issues.
- Liaise with project managers, procurement, site teams, auditors, banks, consultants, and regulatory authorities.
Supervision and Financial Governance
- Guide and supervise junior accounting staff and review work outputs for accuracy and compliance.
- Validate accounting entries and approve routine adjustments within delegated authority limits.
- Recommend corrective actions and escalate financial risks, control breaches, and compliance issues to the Finance Manager.
Requirements
- Apply IFRS, accounting standards, and company accounting policies in financial records and reporting.
- Ensure compliance with applicable VAT laws and regulations, including review of VAT returns and supporting documentation.
- Manage project cost accounting, including direct and indirect costs, site expenses, material usage, and subcontractor costs.
- Support internal and external audits and address audit observations.
- Guide and supervise junior accounting staff and review their work for accuracy and compliance.
- Communicate financial information and risks to management, project managers, auditors, banks, and relevant authorities.
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