DESCRIPTION
The Assistant Accountantis responsible for financial reporting, Central Bank reporting, statutory payables, reporting on the performance of the investment portfolio, conducting preliminary analyses to guide decision-making, supervision of the day-to-day activities of the department to ensure accuracy and maintaining integrity of the accounting records.
KEY RESPONSIBILITIES
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- Prepares assigned financial and management reports within given deadlines, providing supporting analyses as required.
- Maintains the investment register and reconciles to the general ledger on a monthly basis, and reports on the performance on the investment portfolio.
- Ensuring all documentation for the investment securities is kept up to date, and properly filed.
- Maintains the company’s Fixed Assets and Right of Use Asset registers, recording the related accounting entries within stipulated timelines.
- Reconciles all assigned statutory taxes (including but not limited to PAYE, NIS, Health Surcharge, Green Fund Levy, Business Levy, Corporation Tax) on a monthly basis.
- Prepares and submits the VAT Return by the stipulated deadline.
- Prepares regulatory reports for submission to the Central Bank by the stipulated deadline.
- Performs assigned Balance Sheet reconciliations.
- Ensures expense accounts are correctly updated and that performance against budget and historical periods are properly analyzed.
- Ensures that receipts/deposits and payments are posted to the General Ledger on a daily basis.
- Prepares daily cash book, showing all receipts and payments.
- Periodically audits Petty Cash.
- Assists in the preparation of interim and year-end audit schedules and deals with auditors’ requests for information in a timely manner.
- Supports the preparation of the annual corporate budget by providing appropriate inputs.
- Ensures an appropriate and adequate system of internal control is in place and periodically makes recommendations for improvement.
QUALIFICATIONS & EXPERIENCE
- Level II of a Professional Accounting qualification such as ACCA, CIMA, CMA.
- Three (3) to five (5) years’ experience in a similar capacity.
- Experience in the Insurance industry would be an asset.
SKILLS & ATTRIBUTES
- Working knowledge of local financial laws and regulations, such as the Insurance Act and the Financial Services Act.
- Excellent knowledge of financial and accounting standards and practices.
- Proficient with Microsoft excel.
- Working knowledge of investment instruments.
- Excellent interpersonal and communication skills.
- Good analytical and problem solving skills.