Responsibilities

Account Receivable Management

• Review contract or prepare purchase order of new client before empanelment of clients and analysis of contract from IFRS 15 and other accounting standard perspective.
• Prepare & Review necessary documents at the time of client registration like KRA, Bank details, Certificate of registration etc
• Prepare & Review accurately and timely billing data to be shared with the client after getting approval.
• Prepare & Review monthly invoice to be raised to clients and record in accounts before the closure of month or record accrual for month closure.
• Prepare & Review timely and accurately presentation of debtor aging and share it with relevant stakeholder.
• Follow up with stakeholder for collection of money.

Account Payable Management

• Maintain suppliers’ records for getting empanelment
• Review contract or prepare purchase order for new vendor before it gets empanelled in vendor master.
• Prepare & Review timely and accurately booking of expenses, employees’ reimbursement, advances to staff, management and vendor for month closure.
• Prepare & Review booking of intercompany expenses and timely reconciliation.
• Prepare & Review necessary accrual of revenue for the month closure.
• Prepare & Review provision of expenses for month closure.
• Prepare & Review timely and accurately preparation of creditor aging

Treasury Management

• Prepare & Review timely and accurately reporting of cash in hand and cash at bank.
• Prepare & Review timely and accurately payment of vendor.
• Prepare & Review timely and accurately outflow of cash against employees’ reimbursement and travel.
• Prepare & Review timely repatriated of international payment.
• Prepare & Review timely payment of withholding tax, VAT, advance tax and other duties & levies.

Fixed Assets Management

• Prepare & Review creation of purchase order before acquisition of property, plant and equipment (PPE) and intangible assets.
• Prepare & Review creation of fixed assets number against each and every acquisition.
• Prepare & Review acquisition should be entered in the organisation with GRN.
• Prepare & Review accurately and timely recognition of PPE or intangible assets in the books of accounts.
• Prepare & Review monthly recognition of depreciation and mapping it with depreciation tracker.
• Prepare & Review proper recognition of dispose of PPE and its impact on management and financial reporting.
• Prepare & Review timely performance of physical verification of PPE.

Functional Activities:

• Minimum accounting frame work regulation
• Due diligence chart of accounts monthly, quarterly and YTD.
• Accrual of unbilled revenue.
• Accrual and provision of expenses to have accurate picture of P&L.
• Prepare & Review of revenue and expense tracker to ensure completeness of recording.

Auditing and its Reporting

• Consolidate financials for different business verticals and consolidate monthly, quarterly and yearly financial statements.
• Manage & Coordinate with statutory auditor to have audit plan and make ensure to conclude in time.
• Prepare & Prepare & Review necessary corrective action to close the gap on the basis of internal auditor recommendation.

Internal Financial Control

• Minimum Accounting Framework
• Prepare & Review standard of procedures of accounts activity like order to cash, purchase to pay, fixed assets, direct tax, indirect tax, payroll and year end activity.
• Prepare & Review and update risk matrix as per SOP.
• Prepare & Review timely testing of IFC’s SOP and test scripts.
• Prepare & Review user rights matrix working effectively and accurately.
• Prepare & Review ITGC procedure working properly from account perspective

Direct Tax Operation

• Prepare & Review correct calculation of withholding taxes considering income tax provision and DTAA.
• Manage correct calculation of Withholding tax and VAT and timely deposit it.
• Manage timely submission of Tax return.
• Prepare & Review calculation of advance tax, corporate tax and MAT.
• Prepare & Review and finalization of current income tax, deferred tax and contingent liability of ongoing assessment.
• Manage correct and timely prepare annual income tax return and make necessary computation for supporting it.

Requirements

• A Master’s degree in Business Administration, Accounting, Finance or other relevant fields.
• Certified/Chartered Public Accountant (CPA), Association of Chartered Certified Accountants (ACCA) or equivalent qualification is required for this position.
• Proficiency in MS-Office with significant experience in excel, accounting package knowledge will be an added advantage
• 5-10 years post qualification experience
• Good written and verbal skills in the English language.
• While role may be initially an individual contributor, person should have good   people management skills. Strong accounting skills, financial controls, strong judgement and independence