Vacancy Details

Vacancy

Details
Vacancy Number 16/2023
Title Financial Reporting Officer
Description 1. Responsible for the Loan Debtors Control reconciliation. • Prepares the Loan Debtors Control reconciliation. Reconciles the Bank Management System transaction listing for the month with the General Ledger control account for loan portfolio. • Identify all un-reconciled transaction and investigate the missing entries. • Prepares any adjustment journals for the reconciliation. 2. Responsible for the Interest and Fees in Suspense Reconciliation • Prepares the Interest and Fees in Suspense reconciliations. Reconciles the Bank Management System transaction listing for the month with the General Ledger. • Identify all un-reconciled transaction and investigate the missing entries. • Prepares any adjustment journals for the reconciliation. 3. Responsible for the Expected Credit Loss Reconciliation under IFRS 9 on a monthly basis. • Effectively input raw data and analyze movements in the ECL Model. Provide details of monthly movements in ECL levels. • Prepares adjustment journals as required based on ECL movements. 4. Responsible for the Specific, General and Unallocated Provision • Prepares the Specific and General/Unallocated Provision reconciliations. • Reconciles the Bank Management System transaction listing for the month with the General Ledger. • Identify all un-reconciled transaction and investigate the missing entries. • Prepares any adjustment journals for the reconciliation. 5. Maintain the Asset Register and Depreciation System. The job requires a thorough understanding of accounting standards on the treatment and recording of assets. • Responsible for all disposals of assets sold or written off by the Bank. • Ensure that Asset register is up to date and monthly reconciliation is done in time. • Prepare the monthly depreciation journals. • Prepare the necessary journals for the revaluation of Bank’s assets and ensure that the Asset register is updated accurately. • Assist the Team Leader Financial Accounting in the Annual Stock take exercise. 6. Assist the Team Leader Financial Accounting: • In the preparation of the monthly management accounts. • Extracting data for any financial analysis and management reporting. • In the compilation and preparation of the Banks Annual Operating Budget and quarterly reviews. 7. Contributes in drafting new accounting procedures, policies and measures as necessary and when required. 8. Assist with the dissemination of the six-monthly statements as and when required. 9. Responsible for updating the Document Management System for filing and record keeping purposes. 10. Any other related duties assigned by the Team Leader Financial Accounting or Manager Finance.
Qualification A relevant degree in Accounting, Finance/Commerce or Business Administration from a reputable tertiary institution
Experience At least 3 years’ experience in similar role.
Salary $36,450 - $54,676
Term 3
Start Date 4/15/2023
End Date 4/28/2023