Responsibilities
Supervision of assistant accountant in all official assignments
Approval of petty cash transactions before disbursement of cash
Ensuring cash availability for all transactions and making sure that there is no downtime in the factory
Proactively attending to the sales team for cash, and other financial information
Posting of transactions (customer invoices/payments, bank/petty cash payments) into Sage50 accounting software of the company
Review of transactions into Sage50 accounting software of the company
Correction of transactions into Sage50 accounting software of the company by the assistant accountant
Ensuring effective and efficient banking transactions
Preparation of financial reports: weekly, monthly, quarterly, Bi-annual and annual based on existing company template and as per management requests
Preparation of staff salary for review by the internal auditor
Preparation of monthly sales commission
Ensuring prompt payment of staff PAYEE
Ensure completion of bank reconciliation of all banks before 10th of the following month
Manage all accounting operations based on accounting principles
Communicate staff of any information from management through internal memo/via E-mail
Update staff records accordingly on both Sage50 and individual staff file
Plan and carry out staff training from time to time
Attend to government agencies
Closely monitor expenses in line with the approved budget for the year.
Publish financial statements in time
Conduct month-end and year-end close process
Collect, analyze and summarize account information
Compute taxes and prepare tax returns, balance sheet, profit/loss statement etc
Audit financial transactions and document accounting control procedures
Keep information confidential and secure them with random database backups
Keep up with financial policies, regulations and legislation
Attend critical management meetings and proffer useful ideas on moving the company forward.
Other duties may be assigned by management