Accountant (Receivables)

Economic Community of West African States (ECOWAS)

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The Economic Community of West African States (ECOWAS) is a regional grouping with 15 Member States in West Africa (three landlocked and one island) with a population of about 300million and an annual economic growth rate of around 6%.

The ECOWAS Commission is one of the eight Regional Economic Communities supporting the African Union to coordinate the implementation of continental and regional integration and development programmes in the West African region.

A vacancy exists at ECOWAS for which applications are hereby invited.

The application is online and application forms as well as guidelines for application, are all available at the click of the apply button.

 

Job Objective

  • Reporting directly to the Senior Accountant (Receivables), the Accountant has a responsibility for the execution of financial policies and regulations relating to the recording of amounts due to the Commission and to follow up and regularize any advances due from staff and other debtors.
  • The incumbent will be required to ensure all ledger reconciliations and maintain an up to date record of all accounts.

General Description

  • A major responsibility of this position is performing and managing the daily, weekly and monthly financial activities that are required for the proper preparation of financial statements.
  • The Accountant will be responsible for generating accurate, timely and complete financial statements on receivables in accordance with the Financial Regulations.
  • In addition, the accountant would spend time on the supervision of the work of his/her subordinates including providing solutions on regularisation of advances and recovery of amounts due from debtors. Providing guidance and motivating and mentoring staff would be important to the success of this position.

Principal Duties and Responsibilities

  • Supervise and produce the requisite monthly, quarterly and annual statements of all receivables due to the ECOWAS Commission;
  • Follow up on staff and other debtor ledgers with a view to collecting and regularizing all amounts due to the ECOWAS;
  • Supervise and review posting of transactions into the accounting software;
  • Liaise with staff and other debtors to ensure that all outstanding amounts are settled promptly on their due dates;
  • Ensure efficient and effective functioning and maintenance of the accounting software.
  • Check and certify the accuracy of the receivable ledgers and ensure reconciliation from any discrepancies observed;
  • Supervise subordinate staff working on reconciliation statements and ensure that they are provided with all the logistics needed for the proper accomplishment of the job;
  • Perform other related duties as required;

Qualifications, Knowledge, Skills and Abilities Required

  • Bachelor's degree in Accounting (or equivalent qualification) with additional 5 years of relevant record of professional experience. Being a professional accountant (CPA, ACCA, CIMA, CA etc.) will be an added advantage.
  • A higher degree will reduce the number of years of experience to three (3);
  • Excellent verbal and written communication skills (fluent) in one of the official languages of the ECOWAS Community (English, French and Portuguese). Good working knowledge of a second Community language will be an added advantage.
  • Excellent knowledge of financial accounting principles and concepts including the International Public Sector Accounting Standards (IPSAS). Experience with EU Pillar Assessment on Internal Control and Accounting will be an added advantage.
  • Good knowledge of general aspects of financial management software and of at least one ERP software. Previous specific experience with SAP will be an asset.
  • Ability to operate standard Microsoft office software (Word, Excel, Power Point, Access)
  • Good inter-personal skills and team working ability necessary to enable effective interaction in performing key financial activities of other team members and supervise their works, including peers. Proven record of experience in multicultural environments will be an added advantage
  • Ability to set and meet deadlines including strong ability to manage multiple tasks to completion and with set deadlines.
  • Ability to make recommendations on key financial and managerial issues.

Language:

  • Must be fluent in one of the official languages of the Commission; English, French and Portuguese. A working knowledge of another would be an advantage.

Annual Salary

  • USD 36,901 - USD 44,469.

This job originally appeared elsewhere.

Summary

Company

Economic Community of West African States (ECOWAS)

Job Level

Experienced (Non-Manager)

Location

Abuja

Specialization

Accounting / Audit / Tax and Banking / Finance / Insurance

Job Type

Full-Time

Minimum Qualification

Degree

Preferred Years of Experience

5 - 7 years

Application Deadline

2 weeks from now