Talent House Ltd
Posted Job
about 1 month ago

Reporting and Internal Controls Accountant

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Job Description

Our clients are seeking a talented individual to fill up the role of reporting and internal controls Accountant to report to the senior accountant, as well as to provide support to the Finance and control department by managing the internal controls/ affairs of the department.

About Bata

Bata shoe company limited is a manufacturing company which has been in operation since 1937, with its operations in Lusaka where it produces Zambia’s favourite gumboots (the mucus and rain master). For over 13 decades, Bata has been on the leading edge of footwear design. Today, professionals in Bata’s Shoe Innovation Centers around the world continue the tradition of innovation as they dedicate themselves to discovering new shoe materials, developing modern shoe technologies, and creating fresh footwear that marries style with comfort.

About the role:

The role requires an individual with knowledge of International Accounting Standards, a chart of authorities and how to go around the finance risk controls matrix. You must be up to date with different government legislations such as VAT Act, Income Tax Act and PAYE guide. Must equally know the adonis guide as well as BSO accounting procedures and guidelines and managing of internal memos and travel plans.

Key Responsibilities:

Understanding and testing internal controls, providing recommendations on improvements and ensuring that the processes and systems governing internal controls are robust enough for risk identification and mitigation

Periodically review financial controls and systems improving controls and systems where required.

Key systems include:

  • Cash & Bank
  • Stock
  • Procurement
  • Payments
  • Perform internal control activities to ensure compliance and effectiveness of the organisation’s systems and internal controls.
  • Assist control owners in drafting and updating procedures with review notes.
  • Conduct independent and objective ad-hoc missions including investigations.
  • Participate in various stock counts and verification exercises, and conduct spot checks on various operations in the business.
  • Ensure compliance with all group reporting deadlines and reviews
  • Oversee the month-end close process and review the month-end close pack for completeness and accuracy before submission to the Financial Controller
  • Preparing reports for management that analyse trends and performance over time so that they can make strategic decisions in the future
  • Ensure sufficient documentation is in place for all finance functions.
  • Preparing reports for management that analyse trends and performance over time so that they can make strategic decisions in the future.
  • Ensure the effective management of accounts receivables to minimize the risk of extending credit.
  • All journals passed should be duly checked and authorized accordingly
  • Ensure that ALL the General Ledger reconciliations are prepared monthly.
  • All Bank Reconciling items are to be followed up and ensure items are captured accordingly by the responsible staff.
  • Preparing of Cash flow forecast for management review
  • Ensure that all payments are posted to General Ledger promptly.
  • Checking for accuracy and correctness of daily payments and transfers
  • Review monthly departmental performances (P&L statements), and prepare monthly variance reports for Senior Management action.
  • Maintain regular control of all statutory (PAYE, NAPSA, NHIMA, VAT, Pension, PACRA, Workers’ compensation) accounts and ensure payment is made and returns filed on time.
  • Maintain regular control of all bookings by scrutinizing and making the necessary adjustments and ensuring timely booking of departmental internal debit notes.
  • Oversee the month-end close process and review the month-end close pack (MMR) for completeness and accuracy before submission to the Financial Controller.
  • Monitor all trial balance accounts balances and inventories to ensure only legitimate balances are on accounts. Ensure timely reconciliation and follow-up.
  • Prepare monthly payroll and total company reconciliation.
  • Oversee payroll data entry function and all other payroll functions.
  • Assist in daily cash management functions including online banking, electronic funds transfer, and check balances.
  • In charge of Treasury and Cash-Flow and review Bank and cash reconciliation.
  • In charge of Departmental and Total Company Budgeting.
  • Ensure the suitability and effectiveness of internal control systems and the performance of departments in implementing rules, procedures and processes.
  • Initiate the audit process. Scheduling the audit on a timely basis.
  • Assist in preparing any required documentation for the annual audit
  • Ensure sufficient documentation is in place for all finance functions.

Any other Duties allocated by your seniors

Requirements:

  • Bachelor’s Degree or Diploma in Accounting from a reputable institution
  • CIMA level 2/ACCA Level 2
  • Bachelor’s in accounting will be added advantage
  • At least three (3) years of experience in accounting
  • Must be a Member or ZICA
  • Exceptional knowledge of generally accepted accounting principles and accounting procedures.
  • Proficient in MS Excel, data entry, and an accounting software
  • Can maintain strict confidentiality when handling financial data
  • Attention to detail, analytical skills
  • Good Spoken and written communication skills
  • Compensation
  • The incumbent will receive a competitive salary commensurate with experience.

Method of Application

Please send your CV to this email. Indicate clearly in the subject line which role you are applying for.

Application deadline
31 Oct 11:43