Branch accountant - zambia

A Branch Accountant plays a vital role in managing the financial records, transactions and the day to day admin of a specific branch or location within an organization.

Job Overview:

The Branch Accountant is responsible for maintaining accurate financial records and ensuring compliance with accounting principles and company policies at a specific branch or location. This role involves day-to-day accounting activities, financial reporting, reconciliations, administration and providing support to the branch's financial operations.

Key Responsibilities:

• Financial Record Keeping: Maintain and update financial records, including ledgers, journals, Unbilled revenue, WIP and accounts payable/receivable. Ensure all financial transactions are accurately recorded and documented.
• Financial Reporting: Prepare and submit financial reports, including monthly, quarterly, and annual financial statements. Assist in the consolidation of branch financial data for corporate reporting.
• Budget Management: Assist in the preparation of branch budgets and forecasts. Monitor budget performance and report any variances to management.
• Accounts Payable and Receivable: Process invoices, payments, and receipts. Reconcile accounts payable and accounts receivable balances. Follow up on outstanding invoices, unbilled revenue and payments.
• Bank Reconciliation: Reconcile bank statements and ensure the accuracy of transactions. Investigate and resolve discrepancies.
• Expense Management: Review and verify expense reports submitted by branch personnel. Ensure compliance with company expense policies.
• Inventory Control (if applicable): Maintain accurate records of inventory levels and transactions. Perform periodic inventory reconciliations and ensure that bi-annual stock counts take place and is correct.
• Compliance and Auditing: Ensure compliance with accounting standards, company policies, and relevant regulations. Assist in internal and external audits as needed.
• Financial Support: Provide financial data and analysis to support branch management's decision-making. Address financial inquiries and provide guidance to branch staff.
• Administrative support: Oversee the day to day operations of the branch whilst ensuring a smooth functioning of the branch and supporting the achievement of organisational goals.

Qualifications, Experience and Competencies required:

• Bachelor's degree in accounting, finance, or a related field.
• Proven experience in accounting or finance roles, preferably in a branch or location-specific setting.
• Knowledge of accounting principles, practices, and financial regulations.
• Proficiency in accounting software and spreadsheet applications.
• Strong analytical and problem-solving skills.
• Attention to detail and a high level of accuracy.
• Effective communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Organizational skills and the ability to manage multiple tasks and deadlines.
• Familiarity with industry-specific and Country specific accounting practices.

Skills

• Account Management
• Budget Management
• Corporate Reports
• Financial Administration
• Financial Reporting