Sr. Accountant

Responsibilities

• ● Ensure accurate maintenance of the general ledger in accordance with IFRS and company accounting policies.
• ● Ø Prepare and review monthly, quarterly, and annual financial reports.
• ● Ø Execute month-end and year-end closing activities within prescribed timelines.
• ● Ø Ensure proper accounting treatment of accruals, prepayments, provisions, and adjustments.
• ● Ø Monitor project costs against approved budgets and cost breakdown structures.
• ● Ø Ensure accurate recording of Direct and indirect project costs, Site expenses, Material usage and subcontractor costs.
• ● Ø Prepare and maintain Work-in-Progress (WIP) reports.
• ● Ø Monitor project profitability and identify cost variances and potential financial risks.
• ● Ø Support revenue recognition in accordance with project progress and contractual terms.
• ● Ø Assist in preparation of annual budgets and periodic forecasts.
• ● Ø Monitor project cash flows including Customer invoicing, Advance payments, Retentions and Collections.
• ● Ø Support cash flow planning and working capital management.
• ● Ø Ensure compliance with applicable VAT laws and regulations.
• ● Ø Review VAT computations, returns, and supporting documentation.
• ● Ø Ensure adherence to internal control procedures and financial policies.
• ● Ø Support internal and external audit activities and address audit observations.
• ● Ø Review and monitor accounts payable and subcontractor payments.
• ● Ø Ensure proper reconciliation of Bank accounts, Supplier and subcontractor accounts and Customer accounts.
• ● Ø Monitor collections and coordinate with relevant departments to resolve billing issues.
• ● Ø Liaise with project managers to review project financial performance.