General Ledger Section Head

JOB PURPOSE:

The Job Holder is Responsible to perform and supervise general ledger accounting staff\activities that are complex and broad in nature, specializing in general ledger and financial reporting functions. In addition to provide internal accounting support by evaluating, recommending, and implementing good practices and procedures and monitoring their compliance.

KEY ACCOUNTABILITIES

Functional Duties

­ . Supervise the work of the accountants- determines priorities and schedules; reviews vouchers, reconciliations, and computations; recommends and provides training to assigned personnel.

­ . Prepares\coordinates journal entries; performs bank reconciliations, cash, and interfund transfers and reconciles general ledger accounts.

­ . Guides financial decisions by establishing, monitoring, and enforcing policies and procedures.

­ . Reviews and approves journal entries, college balance sheets and other accounting reports; researches and corrects out-of-balance funds and inter-fund adjustments.

­ . Protects assets by establishing, monitoring, and enforcing internal controls.

­ . Responsible for the entries associated with the recording of bond purchase(s), amortization, capitalization, and depression.

­ . Monitors financial condition by conducting reviews and providing information to external auditors.

­ . Achieves budget objectives by scheduling expenditures, analyzing variances, and initiating corrective actions.

­ . Provides status of financial condition by collecting, interpreting, and reporting financial data.

­ . Complies with local legal requirements by studying existing and new legislation, anticipating future legislation, enforcing adherence to requirements, filing financial reports, and advising management on needed actions.

­ . Prepares all monthly, quarterly, year-end, and special purpose financial statements for the company.

­ . Responsible for set-up/transfer of budget accounts, general ledger and chart of accounts maintenance, and on-line live computerized transactions.

­ . Maintains records of revenues and expenses and insures that budgets are updated to reflect activities.

­ . Prepares and reviews journal entries; prepares reconciliation of accounts.

­ . Establishes regular procedures and performs scheduled analysis of general ledger balance sheets such as cash and clearing accounts, liability accounts, and inventory accounts.

­ . Prepares, reviews and reconciles monthly trial balances for each accounting fund.

­ . Reviews and reconciles each accounting fund to ensure debits and credits are in balance in all funds and inter-fund accounts balance.

­ . Ensures subsidiary ledger balances (such as payroll, accounts receivable, and accounts payable) tie to the control account balances in the general ledger.

­ . Establishes regular procedures and performs scheduled analysis of general ledger balance sheets such as cash and clearing accounts, liability accounts, and inventory accounts.

­ . Maintains confidentiality of information exposed to in the course of business.

Reporting:

­ Prepares special reports by collecting, analyzing, and summarizing information and trends.

­ Assists and back up the preparation and analysis of monthly reports for the company management review agenda.

­ Prepares internal and external reports and surveys.

Team Management :

­ Work with staff to prioritize work and ensure staff is trained on policy and procedure. Ensure work is accurate and is being processed in a timely manner and in accordance with department policies and procedures.

­ Monitor and evaluate staff performance to ensure duties are properly performed and employees are working towards common business goals. This will include preparation of the annual performance evaluations.

­ Promote high effective management and leadership style in line with company values that supports the achievement of company strategy & objectives.

Note: The principal accountabilities listed above are an illustrative list and not an exhaustive list. Additional responsibilities may be added from time to time depending on organizational requirements

Requirements:
QUALIFICATIONS, EXPERIENCE:

Minimum Qualification :

­ University Graduate in Accounting Management, Finance.

Minimum Experience :

­ Minimum Experience of 5 years in Senior Accountant role for a Large Corporation with total experience in Finance of more than 8 years.

­ Through knowledge in applicable reporting standards (IFRS).

­ Experience with accounting software and ERP systems, Microsoft dynamic is a plus

­ Professional certification is a plus

Other Requirement :

­ A solid background as Problem Solver, Decision Making, and or Process Excellence.

­ Fluency in English is a must; writing and oral.

­ Proven ability to work analytical software.

­ Ability to initiate, to modify, and recommend Policies and Procedures.

­ Ability to initiate, modify and evaluate ERP' Reports, Forms and Workflow.