Management Accountant – BancABC Zimbabwe 120 views

Job Description

Preparation of financial reports, analyses and reconciliations as well as the maintenance of financial records and other documents.

Duties and Responsibilities

Main Focus Areas

• Track General Ledger movements on a daily basis ensuring that all material movements are supported by explanations
• Review the daily Trial Balance check to ensure all TBs are balancing and any imbalances investigated and/or escalated to
  IT Dept for resolution
• Provide periodic variance analysis of all income and expense lines and provide explanations for observed trends
• Supervise key balance sheet account reconciliations and analyses on a monthly basis.
• Perform monthly review of bank-wide suspense accounts ensuring that all accounts have been reconciled, long
  outstanding items followed up and expunged.
• Prepare the monthly TB Recon, which reconciles the supporting listings/schedules to the GL balances
• Conduct the month-end close to ensure that all the month’s financial activities have been accounted for.
• Review month-end schedules and journal entries, and authorise various postings to the general ledger
• Provide oversight on the monthly reconciliation of accruals, prepayments, sundry debtors and provisions
• Preparation of the monthly management accounts pack for the Zimbabwe Group as well as the monthly reporting pack split by Business Unit.
• Produce monthly commentaries/reports highlighting variances and key business issues for management’s attention.
• Supervise preparation of the monthly segmental performance reports such as Cost Apportionment Model, SBU Performance Report, Funds Transfer Pricing, etc.
• Supervise the intercompany accounting process including preparation and submission of the intercompany matrix
• Provide business with requested data and analysis to assist in business decision-making and control and explaining numbers to non-financial managers
• Oversee and authorise general ledger maintenance such as marking of holidays, opening of accounts, locking and
  unlocking of General Ledgers, etc.
• Maintain appropriate files, reports, documentation as well as to facilitate audit and other reviews

Qualifications and Work Experience

• Accounting degree or equivalent. A professional qualification like CA, CIMA, ACCA or equivalent
• 3 years’ experience in a Banking environment.

Skills and Competencies:

• Ability to deal with multiple commitments / deadlines.
• Self-motivated, hardworking and the ability to work independently.
• Excellent interpersonal and communication skills with an ability to be assertive when necessary.
• Able to interact confidently with senior stakeholders.
• Sound planning and organising skills with an ability to work with minimal supervision.
• Proactive, resilient and tenacious.
• High numerical ability and highly attentive to detail
• Experience in financial services.
• Advanced Microsoft Excel skills.
• Technical Pre-requisites
• Proficient Microsoft Office knowledge and skills
• Proven ability to calculate, post and manage accounting figures and financial records
• Knowledge of Companies Act, Income Tax and Banking Act.
• Knowledge of the Accounts Payables principles and Authorisation process of the Procurement Committee
• Must have Exposure to banking financial systems