Accountant Job Description
Job Title
Accountant
Job Summary
The Accountant is responsible for managing financial records, preparing financial reports, ensuring compliance with accounting standards and regulations, and supporting the organization's financial operations. The role involves handling accounts payable and receivable, reconciliations, budgeting, tax compliance, and financial analysis to support business decision-making.
Key Responsibilities
Financial Accounting
- Maintain accurate and up-to-date financial records and accounting systems.
- Record, classify, and reconcile financial transactions.
- Prepare journal entries, general ledger postings, and account reconciliations.
- Ensure the accuracy and completeness of financial data.
Accounts Payable & Receivable
- Process supplier invoices and payments.
- Monitor customer accounts and follow up on outstanding receivables.
- Verify payment requests and supporting documentation.
- Reconcile vendor and customer accounts regularly.
Financial Reporting
- Prepare monthly, quarterly, and annual financial statements.
- Generate management reports, cash flow reports, and financial analyses.
- Assist in budget preparation and financial forecasting.
- Support management with financial insights and recommendations.
Tax & Compliance
- Prepare and file tax returns and statutory reports as required.
- Ensure compliance with accounting standards, tax laws, and company policies.
- Coordinate with external auditors and regulatory authorities.
- Maintain proper documentation for audits and compliance reviews.
Cash & Bank Management
- Perform bank reconciliations and monitor cash flow.
- Manage petty cash transactions and records.
- Monitor company expenses and ensure proper authorization.
- Assist in treasury and cash management activities.
Payroll Support
- Assist in payroll preparation and processing.
- Ensure payroll-related deductions, benefits, and statutory contributions are accurately recorded.
- Maintain employee payroll records and documentation.
Internal Controls
- Ensure compliance with internal financial controls and procedures.
- Identify discrepancies and recommend corrective actions.
- Support process improvement initiatives to enhance financial efficiency and accuracy.
Qualifications
- Bachelor's degree in Accounting, Finance, Commerce, or a related field.
- Professional certification (CPA, ACCA, CMA, CA, or equivalent) is an advantage.
- 2–5 years of accounting experience, preferably in a corporate, hospitality, retail, or service environment.
- Knowledge of accounting principles, taxation, and financial reporting standards.
Skills & Competencies
- Financial Accounting
- Bookkeeping and Reconciliation
- Financial Reporting
- Budgeting and Forecasting
- Tax Compliance
- Accounts Payable & Receivable Management
- ERP/Accounting Software Proficiency
- Microsoft Excel and Financial Analysis
- Attention to Detail
- Problem-Solving and Analytical Skills
- Time Management and Organization
- Communication and Teamwork
Key Performance Indicators (KPIs)
- Accuracy of financial records and reports
- Timeliness of month-end and year-end closing
- Compliance with tax and regulatory requirements
- Accounts receivable collection performance
- Accuracy of reconciliations
- Audit findings and compliance results
- Budget adherence and cost control
Working Conditions
- Full-time office-based position.
- May require additional hours during month-end, year-end, audits, and tax filing periods.
- Frequent interaction with internal departments, vendors, auditors, and financial institutions.
