Vacancy title:
Senior Accountant
Jobs at:
InterswitchDeadline of this Job:
Sunday, May 05 2024
Summary
Date Posted: Monday, April 29 2024, Base Salary: Not Disclosed
JOB DETAILS:
Interswitch is an Africa-focused integrated digital payments and commerce company that facilitates the electronic circulation of money as well as the exchange of value between individuals and organizations on a timely and consistent basis. Our vision is to build an Africa where payment is a seamless part of everyday life.
Job Title: Senior Accountant
Function: Finance & Supply Chain
Location: Uganda
JOB PURPOSE
• To oversee the financial operations while ensuring compliance with accounting standards and regulations and providing strategic financial guidance to senior management by reporting on key statutory, regulatory, and management reports, and monitor the day-to-day financial activity of the organization to drive prudent financial decisions and contribute to the financial health of the organization.
KEY RESPONSIBILITIES
Strategy & Planning
• Develop and implement financial strategies, policies, and procedures to ensure the company’s financial health and compliance.
• Prepare financial statements and supporting schedules monthly, quarterly, and annually to ensure efficient and accurate financial reporting.
• Collaborate with senior management to develop financial plans and budgets aligned with the company’s goals and objectives.
• Monitor and evaluate financial performance against budget and forecast, identifying areas for improvement, and implementing corrective actions.
• Analyze revenues, commissions, and expenses to ensure appropriate recording.
• Update and rewrite the Accounting policy of the company and ensure compliance with IFRS.
• Oversee day-to-day accounting activities, including accounts payable/receivable, general ledger maintenance, and bank reconciliations.
• Support members of the Finance team and advise on technical accounting queries.
• Analyze financial statements monthly and report variances.
• Check payment schedules, including account numbers, vendor names, and amounts prior to payments in the absence of the Country Head of Finance.
• Conduct spot checks of cash count exercises to confirm cash at hand tallies with ledger entries.
• Review monthly schedules for approvals, prepayments, WHT, etc., and sign off.
• Ensure balance sheet reconciliations are carried out timely (Supplier account, Customer account, WHT, VAT, Intercompany, Inventory, Accruals, customer balances, cash and bank).
• Enable financial and tax auditing processes by providing required documentation and explanations to internal and external auditors.
• Reconcile management accounts/pre-audit TB to final set of audited financial statements.
• Support annual statutory audit and quarterly financial verification process by preparing and reviewing audit schedules.
• Communicate and liaise with external auditors.
• Keep abreast of updates and amendments to accounting standards and local regulatory
EDUCATION
• 1st degree, Financial Accounting, or related course
• Professional certifications: At least level 3 of CPA or ACCA
EXPERIENCE:
• 3-5 years’ Experience in a similar role for organization of similar size and complexity. Audit for professional services experience is an added advantage.
REPORTING LINE: Country Head, Finance
Work Hours: 8
Experience in Months: 36
Level of Education: Bachelor Degree
Job application procedure
Send your Applications to: hr.ug@interswitchgroup.com
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