Assistant Accounting Manager
WORLDEX G.E.C. COMPANY LIMITED- Supervise the daily accounting activities, including bookkeeping, accounts payable and receivable, payroll processing, and expense reporting.
- Ensure that all financial transactions are accurately recorded in the company’s accounting system in compliance with accounting principles.
- Help prepare and review monthly, quarterly, and annual financial reports, ensuring that they are accurate, complete, and compliant with accounting standards.
- Provide support in preparing consolidated financial statements if applicable, and ensure timely submission of reports to senior management or external stakeholders.
- Lead the month-end and year-end close processes, ensuring that all journal entries, reconciliations, and adjustments are completed accurately and on time.
- Ensure that all accounts (e.g., bank accounts, asset accounts, and liabilities) are properly reconciled before closing the books.
- Assist in preparing the annual budget and periodic forecasts by collecting financial data, analyzing trends, and providing input for future financial planning.
- Monitor actual performance against the budget, investigate variances, and report findings to management.
- Oversee the work of junior accountants or clerical staff, ensuring that their work is accurate and completed on time.
- Provide training and development opportunities to team members, helping them grow their skills and advance their careers.
- Conduct periodic performance reviews and offer constructive feedback to improve team efficiency.
- Assist in preparing and filing tax returns, ensuring that all tax-related activities comply with local and international tax regulations.
- Work with external tax advisers or auditors to ensure that the company’s tax obligations are met in a timely and accurate manner.
- Monitor and help manage the company’s cash flow, ensuring that the company has sufficient funds to meet its financial obligations.
- Coordinate with accounts receivable and payable teams to improve cash flow efficiency, including ensuring timely collection of payments and vendor disbursements.
- Work closely with other departments (e.g., sales, operations, HR) to ensure smooth accounting operations and that financial data supports the company’s business processes.
- Provide financial reports and insights to non-financial managers, helping them understand their budgets, costs, and financial performance.
- Stay updated on changes in accounting regulations and help ensure the company adapts to new standards or legal requirements.
- Bachelor’s Degree in Accounting, Finance, Business Administration, or a related field.
- 2-3 years of experience in accounting or finance roles, with at least 1-2 years in a supervisory or management capacity.
- Experience in financial reporting, budget management, audits, and overseeing day-to-day accounting operations.
- Proven track record of working in corporate finance, with familiarity in managing general ledger accounts, reconciliations, and financial statement preparation.
- Strong understanding of tax regulations, audit processes, and internal controls.
- Experience in handling monthly, quarterly, and annual closing processes, including the preparation of financial reports and statements.
- Advanced skills in Microsoft Excel for financial modelling, data analysis, and reporting.
- Ability to supervise and mentor junior accounting staff, including delegating tasks, providing training, and conducting performance reviews.
- Experience in managing teams and ensuring compliance with accounting policies and procedures.
- Strong leadership abilities to handle the daily operations of the accounting department, including accounts payable/receivable, payroll, and general ledger activities.
- Strong analytical skills to solve complex accounting issues, such as reconciliation discrepancies, budgeting variances, or system integration problems.
- Ability to clearly explain financial data and reports to non-financial stakeholders.
- Proactive in reviewing financial reports, identifying potential issues, and ensuring all accounting records are up-to-date.
- Strong time management skills to prioritize tasks, meet tight deadlines, and handle the month-end and year-end closing processes.
- Ability to manage multiple tasks and projects simultaneously while maintaining a high standard of accuracy.
- Ability to adapt to changes in accounting practices, software updates, and regulatory requirements.
- Commitment to continuous professional development and staying updated on industry trends and accounting standards
- Staff training and development
- Scholarship/ education allowance
- Fuel/transportation fees
- Per diem
- 5-day work week
- Social security
- Health insurance
- Attendance bonus or other special compensation
- Annual bonus