Senior Account
Scraped from: Afriworket
Key Responsibilities 1. Financial Management & Reporting • Manage and reconcile client financial transactions in accordance with accounting standards and firm policies. • Prepare, review, and present monthly, quarterly, and annual financial statements, including balance sheets, income statements, and cash flow analyses tailored to client needs. • Perform detailed variance analyses and provide actionable insights to enhance client financial performance and decision-making. • Assist clients with budgeting, forecasting, and long-term financial planning. 2. Payable Accounts & Receivable Oversight • Supervise the processing of client accounts payable and receivable to ensure timely and accurate settlements. • Review client invoices, contracts, and related documentation for accuracy and compliance. • Reconcile vendor, customer, and intercompany accounts promptly, addressing discrepancies efficiently. 3. Taxation & Regulatory Compliance • Coordinate and manage timely preparation and submission of statutory tax filings for clients, including VAT, withholding tax, annual profit tax, and social security contributions. • Maintain up-to-date knowledge of tax laws and regulations, advising clients on implications and ensuring compliance. • Liaise directly with clients, auditors, tax authorities, and regulatory bodies during audits, inspections, and compliance assessments. 4. Bank & Cash Flow Management • Oversee client bank reconciliations and cash flow monitoring to ensure accuracy and compliance. • Manage payroll processing for clients, verifying salary payments, deductions, and statutory contributions. • Administer foreign currency transactions, advising clients on currency risk and compliance with exchange control regulations. 5. Inventory Management & Cost Accounting • Maintain accurate and compliant inventory records for clients, ensuring proper valuation and reconciliation with physical counts. • Develop and monitor cost accounting frameworks to analyze production costs, conduct variance analysis, and support client pricing and profitability strategies. • Implement effective stock control measures to reduce losses and optimize inventory turnover on behalf of clients. 6. Import Cost Build-Up • Calculate total landed costs for imported goods, including purchase price, freight, customs duties, insurance, clearing charges, and other associated costs for clients. • Ensure accurate allocation of import-related expenses to client inventory in line with accounting standards and regulatory requirements. • Monitor and advise clients on the impact of changing tariffs, foreign exchange rates, and other cost variables on profitability. 7. Internal Controls & Process Improvement • Review and maintain robust internal control systems for clients to safeguard assets and improve accuracy. • Identify opportunities to streamline and enhance accounting workflows and reporting processes across client engagements. • Provide comprehensive support and documentation during internal and external audits, including tax audits. 8. Team Leadership & Client Engagement • Lead, mentor, and develop junior accounting staff to foster professional growth and high-quality service delivery. • Serve as the primary point of contact for clients on financial matters, delivering clear, concise, and timely communications. • Build trusted advisor relationships, offering strategic financial guidance to enhance client business operations and compliance. Technical Expertise • Proficiency in accounting software such as Peachtree, QuickBooks, or equivalent, alongside advanced Microsoft Excel skills. • Comprehensive knowledge of Ethiopian tax legislation, IFRS, GAAP, and related regulatory frameworks. • Strong ability to prioritize and manage multiple client engagements under tight deadlines. Core Competencies • Exceptional analytical, problem-solving, and decision-making skills. • Excellent interpersonal, communication, and client relationship management abilities. • Demonstrated leadership and team development capabilities. please submit your resume, recruitment@optimumet.com