Description
Vacancy Title
Financial Analyst
Department
Finance
Vacancy Description
JOB SUMMARY
The Financial Analyst is a trainee member providing each incumbent
with hands on exposure to the activities of a Company’s Finance
Department.
Responsibilities of this position typically cover the preparation
of various forms of accounting documents, vouchers, and transaction
posting/processing. The role also prepares simple reports under the
supervision of the Financial Accountant.
SPECIFIC DUTIES & RESPONSIBILITIES
Operational
- Works within the scope of defined Finance and Accounting systems, processes, procedures and policies to ensure all financial transactions are properly captured on manual documents and within the system, and within specified timeframes.
- Processes invoices due for payment to creditors.
- Prepares customer bills and gas accounting activities.
- Prepares daily float requirements and the daily cash report.
- Prepares and maintains the cash book.
- Posts transactions into the accounting system and prints relevant reports.
- Handles basic banking activities, e.g. deposits and withdrawals.
- Obtains the Company’s Bank statements and performs basic reconciliation.
- Prepares monthly summary schedule of withholding tax (WHT) from approved invoices sent for payment.
- Monitors the company’s liquidity and ensure up-to-date record of investments are kept
- Renders monthly returns for PAYE, WHT, pension and other statutory deductions
- Posts finance and accounting transactions
- Maintains an efficient filing and document retrieval system, both manual and automated
- Performs other duties as assigned by the Financial Accountant.
KEY PERFORMANCE INDICATORS
- Accuracy of transaction processing (posting of entries etc.)
- Accuracy of accounting schedules prepared
- Level of un-reconciled items in accounts handled
- Quality and timeliness of accounting reports produced
- Level of adherence to regulatory/statutory reporting guidelines and timelines
- Quality and ease of retrieval of financial information/documents and reports
- Transaction turnaround times
QUALIFICATIONS & EXPERIENCE
- 1st degree in Accounting or Economics from a reputable University
- Professional Accreditation (ACA) is an advantage
- 2 – 3 years work experience in a similar role
KNOWLEDGE & SKILLS REQUIRED
- Numeracy
- Basic/Intermediate Accounting
- Analytical & Research
- Reporting
- Creativity & Innovation
- Organisation/Administration
- Interpersonal Relations
- Team playing
- Oral & Written Communication
- PC Utilisation
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