Financial Accountant

The Financial Accountant is responsible for the accuracy of financial reports, compliance with accounting standards and FINCA Subsidiary’s accounting policies and procedures. As a senior staff in the department s/he will work with regional offices to improve the quality of financial records and ensuring compliance with Central Bank and statutory requirements.

Key Deliverables:

I. Manage the company statutory obligations by withholding the tax, compiling and remitting PAYE, NSSF / NAPSA/ and tax returns in line with Accounting policies and procedures.

• Compile PAYE, NSSF returns by the 15th day of each month.
• Withhold tax returns by the 15th day of each month.
• Corporation Tax before the end of the fourth month following the financial year-end.
• VAT as required by the VAT statute.

II. Manage the accounts and general ledger by reconciliation of the payroll, portfolio and savings audit schedules with the general ledger:

• Prepare portfolio audit schedules and reconcile with the GL.
• Prepare savings audit schedules and reconcile with GL.
• Prepare the payroll schedule and reconcile with the GL.
• Prepare unapplied savings and the loans schedule.
• Prepare accounts receivables aging schedule.
• Prepare the accounts payables aging schedule.
• Prepare the all balance sheet schedules.

III. Manage the Management information system (MIS) – data by tracking and following up the validation issues:

• Track and follow up validation issues.
• Review and consolidate loan agreements reports.
• Initiate payment of insurance premium and follow up outstanding issues.
• Monitor unapplied savings/loan deposits and follow up with the clearance with the regions.
• Identify and follow up with double loans for all regions.

IV. Review the Head-office transactions in line with accounting policies and procedures:

• Reconcile the CATS transfer documents.
• Cross check the journal entries and ensure that the accounts assistant makes adjustments.
• Ensure that vouchers are raised for the internal and external payment vouchers.

V. Manage the bank reconciliation by preparing bank reports in line with accounting policies and procedures:

• Review all final bank reconciliations.
• Prepare monthly bank reports.

VI. Management of Fixed Assets:

• Update regularly the Fixed Asset register with acquisitions and disposal of assets.
• Prepare the monthly depreciation schedule.
• Verify the procurement of all fixed assets.

VII. Regulatory Reporting:

• Preparation of statutory reports; weekly, monthly, quarterly, semi-annual and year end

Qualifications:

• A university degree preferably in commerce and accounting (B.Com) or Banking & Finance. Certified in ACCA/CIMA/ZICA.
• 4 years of experience in accounting role
• Proven experience in preparing Central Bank Prudential Returns
• Proven experience working within a Financial Institution
• Knowledge of IFRS accounting standards

How to Apply

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