Pre-Requisites

Qualification/Education. Candidate must possess at least Graduation or Post Graduate Diploma, Professional Degree, in Finance / Accounting.

Work Experience.

a. At least 5 year(s) of working experience in the related field preferably in an Aviation industry or large multinational organisation with minimum 30-50 employees is required for this position.

b. Must have experience in accounting, auditing, taxation, implementing and complying financial policies.

Purpose

The Senior Accounts Officer is responsible for all areas relating to financial reporting. This position will be responsible for developing and maintaining accounting principles, practices and procedures to ensure accurate and timely financial statements. The Senior Accounts Officer supervises staff accountants/sub ordinates and is responsible for managing the team to ensure that work is properly allocated and completed in a timely and accurate manner. This position addresses tight deadlines and a multitude of accounting activities including general ledger preparation, financial reporting, yearend audit preparation and the support of budget activities. The Senior Accounts Officer will have contact with firm’s Assistant Manager Finance which requires strong interpersonal communication skills both written and verbal

Responsibilities and Duties

a. Keep constant track on recoveries and make sure allowance of doubtful debts created in accounting books.

b. Supervise and reconcile company inventory as per accounting policy.

c. Compliance of stamp system as per annexure 1 of accounting policy & procedure manual.

d. Compliance of Annexure 2,3,4,5 and 6 of accounting policy & procedure manual.

e. Prepare and submission of tax summary and details along with back to Assistant Manager Finance as per accounting policy.

f. Keep constant track on payments and make sure invoice payment procedures, credit policy and payment schedule are complied.

g. Correspond with suppliers, customers, bankers, auditors, FTA, employees, directors by email or formal letters efficiently. (If not mention under JD’s of other staff)

h. Monthly, Quarterly and Yearly Preparation and interpretation of financial statements and ensure timely reporting as per policy.

i. Provide Assistance to Assistant Manager Finance for budget activities.

j. Ensure data entered in ERP system is verified, posted correctly and in timely fashion.

k. Ensure and maintain confidentiality of information

l. Ensure the accurate and timely processing of positive pay transactions.

m. Supervise Account reconciliation and analysis: Prepaid Expenses, Deposits, Accrued Expenses, Investments, Capital Leases, Members Equity, Inter-company balances.

n. Supervise Journal Entries including maintenance of recurring journal entries and allocations.

o. Avoid indulge in any personal business/job taking advantage of the current position held in ASC Group

p. Oversee the Daily operations of the accounting department including:

i. Accounts payable/receivable

ii. Cash receipts

iii. General ledger

iv. Payroll and utilities

v. Revenue and expenditure variance analysis

vi. Capital assets réconciliations

vii. Tax transactions

viii. Fixed asset activity

ix. Debt activity

x. Provide recommendations

xi. Improve systems and procedures and initiate corrective actions

xii. Meet financial accounting objectives

xiii. Establish and maintain fiscal files and records to document transactions