Financial Accountant

Responsibilities:

• Evaluate, enhance, and implement improvements to the current accounting system to ensure efficiency and accuracy in financial processes.
• Act as the point of contact between the company and financial institution, handling transactions, and inquiries, and ensuring smooth operations.
• Sourcing of funds for projects
• Collaborate with external auditors during audits, providing necessary documentation and assisting with the audit process.
• Maintain accurate financial records and ensure proper documentation of all transactions.
• Prepare financial statements, including balance sheets, income statements, and cash flow reports.
• Perform general ledger accounting tasks, such as journal entries, reconciliations, and adjusting entries.
• Monitor company expenses and ensure proper categorization and cost allocation.
• Assist in the preparation of budgets and financial forecasts.
• Manage accounts payable and receivable processes, ensuring timely payments and invoicing.
• Prepare and file tax returns, ensuring compliance with relevant tax laws and regulations.
• Conduct monthly, quarterly, and year-end financial close processes.
• Analyze financial data to identify trends, variances, and opportunities for cost savings or efficiency improvements.
• Provide support to management on financial planning and decision-making.
• Ensure compliance with internal financial policies and procedures
• Oversee payroll processing, including calculating wages, deductions, and taxes
• Implement and maintain internal controls to safeguard company assets and prevent fraud
• Risk Strategy Development: Design and implement a comprehensive risk management strategy aligning with the business objectives and regulatory requirements.
• Risk Assessment: Identify, assess, and prioritize risks across the organization, including credit, operational, market, compliance, and reputational risks.
• Regulatory Compliance: Ensure that the BWE/BWP adheres to all relevant regulations and industry standards, staying abreast of changes in the regulatory environment.
• Risk Monitoring: Establish key risk indicators (KRIs) and metrics to monitor risk exposures and ensure timely reporting to the board and senior management.
• Risk Mitigation: Develop and implement risk mitigation strategies and action plans, working collaboratively with other departments to minimize risk exposure.
• Crisis Management: Lead the development of crisis management and business continuity plans.
• Team Leadership: Build and manage a high-performing risk management team, fostering a culture of risk awareness and accountability throughout the organization.
• Stakeholder Engagement: Collaborate with the executives and external stakeholders to communicate risk management strategies and outcomes.

Requirements:

• Bachelor's degree in Accounting, Finance, or a related field.
• Professional certification (ACA, ACCA, CIMA, ICAN, or equivalent).
• Minimum 3 years of experience in finance and accounting
• Strong knowledge of financial regulations, laws, and standards.
• Excellent leadership, communication, and analytical skills.
• Proficient in financial software.