Website People Project Co
People Project Co
Company: People Project Co. Ltd (recruiting on behalf of an organization in the manufacturing and industrial sector)
Job Title: Senior Accountant Location: Arusha, Tanzania
Role Purpose: The Senior Accountant will play a key role in ensuring the accuracy, integrity, and completeness of the organization’s financial records, while supporting the Finance Manager / Chief Accountant and Financial Controller in delivering timely and reliable financial information. The role will take ownership of key accounting activities including General Ledger management, account reconciliations, accounting schedules, month-end and year-end close, inventory accounting, fixed assets, and financial reporting.
JOB DESCRIPTION
Education:
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Bachelor’s Degree in Accounting, Finance, Commerce, Business Administration, or a related field.
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CPA (T), ACCA, or an equivalent professional accounting qualification will be an added advantage.
Experience:
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Minimum of 4 – 6 years’ progressive experience in accounting and financial management.
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Experience in Automotive, Manufacturing, Industrial or Inventory accounting is highly desirable.
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Strong knowledge of financial reporting, budgeting, taxation, cash flow management, and project costing.
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Experience using accounting software and ERP systems.
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Experience preparing General Ledger reconciliations and financial schedules.
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Experience with monthly and annual financial closing.
Competences:
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Advanced proficiency in Microsoft Excel and financial reporting tools.
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Strong analytical and financial management skills.
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Strong accounting fundamentals and excellent reconciliation skills.
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High attention to detail and strong numerical / analytical ability.
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Ability to investigate discrepancies and meet reporting deadlines.
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Good organizational, documentation and communication skills.
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Integrity and confidentiality.
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Ability to supervise and guide junior accounting personnel.
General Responsibilities:
General Ledger Accounting:
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Review General Ledger transactions for accuracy and completeness and prepare or review journal entries.
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Ensure transactions are posted to the correct accounts and accounting periods.
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Investigate unusual or incorrect General Ledger balances and prepare adjusting or reclassification journals where required.
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Ensure adequate supporting documentation exists for accounting entries and maintain schedules supporting material accounts.
Account Reconciliations:
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Prepare and/or review monthly reconciliations for bank accounts, receivables, payables, customer and supplier advances, inventory, work in progress, fixed assets, loans, staff advances, prepayments, accruals, deposits, intercompany balances, tax-related ledger accounts and other balance-sheet accounts.
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Investigate reconciliation differences, follow up outstanding items until cleared and maintain proper evidence and supporting schedules.
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Escalate long-outstanding or material differences to the Finance Manager / Chief Accountant.
Month – End Closing:
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Assist in managing the monthly accounting close and complete assigned tasks according to the closing calendar.
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Prepare monthly accruals, provisions, prepayments and expense schedules and verify proper accounting cut-off.
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Review accounting entries posted by junior accounting staff and ensure required schedules are complete before accounts are finalized.
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Assist the Finance Manager / Chief Accountant in preparing the monthly Trial Balance and investigating unexpected period movements.
Accounting Schedules:
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Prepare and maintain accurate schedules for fixed assets, depreciation, prepayments, accruals, loans, interest, customer balances, supplier balances, inventory, work in progress, intercompany accounts, staff advances and other receivables/payables.
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Ensure every supporting schedule reconciles to the General Ledger.
Accounts Payable & Receivables Review:
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Review supplier invoices, supplier reconciliations, supplier ageing and advances for proper accounting treatment.
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Review customer account reconciliations, customer ageing, receipt allocation, unidentified receipts, credit notes and account adjustments.
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Investigate duplicate, long-outstanding or unusual balances and support preparation of information for management review.
Inventory Accounting:
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Reconcile inventory records to the General Ledger and assist with periodic physical stock counts.
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Investigate stock-count variances and review inventory adjustments.
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Maintain or review schedules for raw materials, work in progress, manufactured components and finished goods.
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Ensure inventory-related accounting entries have adequate supporting documentation.
Fixed Assets:
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Maintain the fixed-asset register and record asset additions, transfers and disposals.
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Ensure assets are correctly classified, depreciation is accurately calculated and the register reconciles to the General Ledger.
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Participate in periodic physical verification and investigate missing, transferred or disposed assets.
Bank & Cash Reconciliations:
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Ensure assigned bank accounts are reconciled monthly and investigate unidentified receipts, payments and stale items.
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Ensure bank charges, interest and other transactions are appropriately recorded and escalate unusual transactions.
Audit & Financial Reporting Support:
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Prepare schedules and supporting documentation requested by internal and external auditors.
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Retrieve documents for audit samples and support resolution of audit queries and findings.
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Assist with preparation of monthly management accounts and supporting financial analyses.
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Verify accounting data used for management reporting and support investigation of unusual account movements.
Accounting Team Supervision & Systems:
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Review work prepared by Accountants and Accounts Assistants where delegated and provide guidance on reconciliations and accounting entries.
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Monitor outstanding accounting tasks, escalate recurring errors or delays and assist in training junior finance staff.
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Ensure transactions are accurately entered into the ERP/accounting system and identify incorrect postings for correction.
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Support improvements to accounting, reconciliation and documentation processes.
How to Apply: Interested candidates who meet the above requirements are invited to submit their CV and cover letter through our website: https://peopleproject-co-limited.careers-page.com
Only shortlisted candidates will be contacted.
To apply for this job please visit peopleproject-co-limited.careers-page.com.