Senior Accountant

  • Location:
  • Salary:
    negotiable
  • Job type:
    Contract
  • Posted:
    1 month ago
  • Category:
    Accounting, Distribution, FMCG
  • Deadline:
    November 5, 2021

Purpose of the role:

The incumbent in the above-mentioned position will generally be responsible for vouching for Capturing of all business transactions and generating reports for management control, external auditors, and dealing with all matters and Queries pertaining to accounts arising from various authorities, computing, and remitting statutory dues on a timely basis.

 

Detailed responsibilities:

 

  • Vouches and captures all business transactions in the accounting software.
  • Prepares Management accounts on monthly basis for Review
  • Computes and ensures all statutory payments are remitted online to respective authorities on a timely basis (VAT, WHT, PAYE & SDL, Provisional Tax payments, NSSF, WCF, City service levy, and others)
  • Prepares final accounts for submission to Auditors and attends to all Audit Queries.
  • Ensures Data backups are regularly conducted as per instructions.
  • Attending to and resolving any queries from TRA in respect to submitted accounts, statutory payments, and other matters that may arise.
  • Carrying out bank reconciliations on weekly basis.
  • Daily Inspecting and vouching stock movements records from stores at Mines and also conducting physical stock checks and counts on a monthly/weekly basis on sites.
  • Responsible for ensuring all departments submit their annual operating plan and accordingly prepare Financial Annual Operating plan in consultation with respective departments.
  • Prepares Summary of average total cost per Ton on monthly basis for tracking of costs.
  • Raising Sales invoices and Electronic Fiscal Receipts
  • Prepares Payroll on due dates in consultation with HR & SHE officer and liaising with Bank for remittance into respective staff accounts
  • Payments to Creditors after ensuring all procedures have been followed and documentation is complete.
  • Follow up and send statements for outstanding amounts to Debtors for timely collection
  • Reconciles the Receivables and Payables accounts
  • Ensures other operational reports are prepared by the respective departments on machine efficiency and operator efficiency and reported along with the management accounts.
  • Conducts ledger scrutiny on a monthly basis and rectification entry if any.
  • Conducts verification of Cash payments from mining sites with supporting documents and handles petty cash payments in regards to Tanga operations

 

KPI’s

  • Budgeted numbers to Actuals – Variance report (How good are budgeted numbers?)
  • The number of financial reports prepared and submitted on time?
  • The number of days taken to close a month and prepare management accounts (How many reports are annually completed on time?)
  • Was the deadline for submission of Accounts to Auditors met? (The date on which accounts were submitted to Auditors?)
  • Were the Bank reconciliations done and signed off on weekly basis? (How many Bank reconciliation reports were delayed)

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