Job Title: Senior Accountant
Organisation: Interswitch
Duty Station: Kampala, Uganda
Reports to: Country Head, Finance
About US:
Interswitch is a leading African integrated payments and digital commerce platform company headquartered in Lagos. Founded in 2002 in Nigeria, as a transaction switching and processing company with national focus, Interswitch progressively evolved to incorporate consumer financial services with the successive launches of Quickteller, a retail payments ecosystem linking merchants and billers with consumers, as well as Verve, a homegrown, EMV-certified payments card scheme.
Job Summary: The Senior Accountant will oversee the financial operations while ensuring compliance with accounting standards and regulations and providing strategic financial guidance to senior management by reporting on key statutory, regulatory, and management reports, and monitor the day-to-day financial activity of the organization to drive prudent financial decisions and contribute to the financial health of the organization.
Key Duties and Responsibilities:
Strategy & Planning
- Develop and implement financial strategies, policies, and procedures to ensure the company’s financial health and compliance.
- Prepare financial statements and supporting schedules monthly, quarterly, and annually to ensure efficient and accurate financial reporting.
- Collaborate with senior management to develop financial plans and budgets aligned with the company’s goals and objectives.
- Monitor and evaluate financial performance against budget and forecast, identifying areas for improvement, and implementing corrective actions.
- Analyze revenues, commissions, and expenses to ensure appropriate recording.
- Update and rewrite the Accounting policy of the company and ensure compliance with IFRS.
- Oversee day-to-day accounting activities, including accounts payable/receivable, general ledger maintenance, and bank reconciliations.
- Support members of the Finance team and advise on technical accounting queries.
- Analyze financial statements monthly and report variances.
- Check payment schedules, including account numbers, vendor names, and amounts prior to payments in the absence of the Country Head of Finance.
- Conduct spot checks of cash count exercises to confirm cash at hand tallies with ledger entries.
- Review monthly schedules for approvals, prepayments, WHT, etc., and sign off.
- Ensure balance sheet reconciliations are carried out timely (Supplier account, Customer account, WHT, VAT, Intercompany, Inventory, Accruals, customer balances, cash and bank).
- Enable financial and tax auditing processes by providing required documentation and explanations to internal and external auditors.
- Reconcile management accounts/pre-audit TB to final set of audited financial statements.
- Support annual statutory audit and quarterly financial verification process by preparing and reviewing audit schedules.
- Communicate and liaise with external auditors.
- Keep abreast of updates and amendments to accounting standards and local regulatory
Qualifications, Skills and Experience:
- The applicant must hold a 1st degree, Financial Accounting, or related course
- Professional certifications: At least level 3 of CPA or ACCA
- Three to five years of experience in a similar role for organization of similar size and complexity.
- Audit for professional services experience is an added advantage.
How to Apply:
All candidates should send their applications with updated CVs via Email to: hr.ug@interswitchgroup.com
Deadline: 5th May 2024
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