Reporting to the Finance Manager, the Financial Accountant will be responsible for the maintenance of the accurate accounting records, processing accounting transactions in a timely and accurate manner and generating monthly and quarterly accounts and forecasts.
Principal Duties and Responsibilities
Principal Duties and Responsibilities
- Accurate and timely booking of entries into the accounting system;
- Maintenance of general ledger, sub-ledgers and other books of accounts;
- Processing all payments accurately, and in line with the Bank’s payment policies;
- Follow up of all receivables including rents for the bank premises;
- Preparing monthly and quarterly management accounts;
- Preparation of monthly payroll in a timely and accurate manner;
- Preparing funds utilization reports in line with donor/lender requirements to support the submission of the donors/lender reports as specified;
- Preparing reimbursement requests for submission to donors and following up to ensure that such reimbursements are received as expected; this responsibility is sitting with the Loans Accountant.
- Addressing client and donor queries relating to payments, funds utilization reporting and reimbursement requests adequately and comprehensively; and
- Preparing ad-hoc financial reports as requested by management.
- Consolidate accurately and on timely basis the annual budget and quarterly reforecast
- Accurate (monthly) Capex forecast, accounting and capitalization
- Budget performance reports monthly.
- Coordinate preparation of schedules to support the work of Internal and external audit
- Prepare monthly creditor variance analysis reports. Ensure they are reviewed and filed.
- All statutory obligations are paid up including VAT, Withholding Tax
- Handling supplier queries and ongoing maintenance of aged creditors listing.
- Completing month and year end process (Accruals, Prepayments, Fixed Asset Register, Depreciation, Budget, variance analysis and commitment schedule).
- Responsible for monthly aged creditor report – ensuring invoices are paid within their payment terms and handle vendors queries.
- Responsible for Creditors reconciliations including clearance of FX balances in creditor ledgers.
- Key Interface with Country Offices and inter related parties regarding invoice processing as well as administration of invoice logistics.
- Prepare and monitor commitment schedules for all liabilities payable
- Travels and per diem disbursements.
Minimum Qualifications and Experience
- A Bachelor of Commerce, Finance or Accounting degree from a recognized University;
- A professional accounting qualification such as CPA or ACCA;
- At least seven years experience in an accounting function in a busy firm; experience with an international audit firm, a large bank and knowledge of donor accounting procedure will be definite advantages;
- Hands on Knowledge and skills in using Oracle Financials systems will be an added advantage;
- Diligence and an ability to work with minimum supervision within a multinational team;
- Good report writing and communication skills.
- Be aged between 32- 40 years.
The Bank offers a competitive tax free compensation package and attractive benefits.
To apply, please submit your application, including a cover letter and curriculum vitae to admin @ eadb.org or apply online on http://www.eadb.org/jobs_online.php
The deadline for receipt of applications is Friday 16th April 2010.
Applicants must be nationals of the member states of EADB.
Only shortlisted candidates will be notified.
