Job description

Responsibilities:

Prepayments and Accruals:

• Manage prepayments and accruals processes, ensuring accurate entries and timely recognition in financial statements.
• Prepare and analyze prepayment and accrual breakdowns to ensure proper allocation across financial periods.

Bank Accounts and Monthly Reconciliations:

• Oversee and manage daily bank account transactions, ensuring proper posting and reconciliation of all bank accounts on a monthly basis.
• Review and reconcile monthly bank statements, identifying and resolving discrepancies in a timely manner.

Expense and Monthly Closing Entries:

• Review and analyze monthly bank transactions and prepare all related expense journal entries.
• Prepare monthly closing entries, including lease entries, depreciation, and salaries, ensuring compliance with accounting standards and internal controls.

Finance Receivables and Revenue Recognition:

• Review and reconcile finance receivables portfolios on a monthly basis, investigating and resolving discrepancies.
• Record revenue according to amortization schedules, ensuring that all income is accurately recognized in accordance with accounting principles.

General Ledger and Financial Reporting:

• Ensure accuracy of general ledger accounts related to prepayments, accruals, expenses, and receivables.
• Assist with the preparation of monthly financial statements and management reports, providing insights into account balances and variances.

Continuous Improvement:

• Identify areas for process improvements within accounting functions, ensuring efficiencies in closing, reconciliation, and reporting cycles.
• Support the implementation of best practices for accounting controls and financial reporting.