Performs a variety of professional level accounting duties involved in preparing, maintaining, analyzing, verifying, and reconciling complex financial transactions, statements, records, and reports;
Maintains the accuracy of the City's ledgers and subsidiary financial system. Assists in preparation of assigned budgets, annual audit, and year end closing. Assist in planning, setting and administrating of accounting systems, prepare financial information such as financial statement reports, cash flows. Balance sheet and financial notes for individuals. departments within organizations, businesses and other establishments. Gather documentation to support account balances, view financial data for obvious errors. Record adjusting journal entries for misstatements found while analyzing financial data. Analyze accounting records like Cash flows, balance sheet, income statement, inventory cost, account receivable and payable aging report. Compare the previous operation form the current operation or simply called variance analysis. Discuss the unusual increase or decrease of any accounts with the senior accountant from the information taken after doing variance analysis. Develop and maintain cost finding, reporting, and internal control procedures. Assist in reconciling after-sales department revenue and gross profit against finance records. Reconciliation of receivable and payable balances against suppliers and customers. Calculation and analysis of incentives and direct sales commissions. Maintaining recording and amortization of prepayments such as insurance, subscriptions and others. Practical knowledge in applying applicable accounting standards such as IFRS 9 – ECL, IFRS 15 – Revenue from Contracts with Customers, IFRS 16 – Leases.