Accounting Officer - Receivable & Assets

Position Overview

This role is responsible for managing Accounts Receivable, General Ledger, and Fixed Assets accounting to ensure accurate financial reporting, compliance with IFRS, and effective support for audits and business decision-making.

Key Responsibilities

Accounts Receivable Management

• Develop and improve Accounts Receivable (AR) processes and procedures
• Maintain accurate reconciliations with all customers (affiliated and third-party)
• Review reporting requirements and ensure accurate and timely AR reporting
• Produce daily, weekly, and monthly revenue and variance reports
• Review and submit periodic AR aged analysis

General Ledger Management

• Prepare journal entries and reconcile the General Ledger and monthly bank statements
• Maintain the General Ledger in a complete, accurate, and timely manner
• Compile monthly GL schedules and ensure minimal or no reconciling items
• Manage recurring journal entries and ensure timely updates or termination
• Maintain detailed balance sheet schedules and a master list of journal entries

Fixed Assets Management

• Manage the monthly fixed assets closing cycle, including additions, disposals, and adjustments
• Review asset creation, depreciation, disposals, and retirements
• Reconcile the fixed asset sub-ledger to the General Ledger monthly
• Capitalize completed projects and assets under construction into the fixed asset register
• Assign tag numbers and maintain the fixed assets register and depreciation schedules
• Track capital expenditure against approved budgets and authorizations
• Calculate cash flow requirements for asset renewal and replacement
• Conduct physical verification and investigate obsolescence of fixed assets
• Perform impairment reviews for tangible and intangible assets

Financial Reporting & Compliance

• Assist in writing footnotes to financial statements
• Prepare fixed asset audit schedules and support internal and external audits
• Ensure compliance with IFRS, accounting policies, and regulatory requirements