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Chief Accountant

  • Full-time
  • Finance
  • Lesotho

PURPOSE OF ROLE

Full cycle accounting (payroll, fixed assets, taxes, accruals, provisions, impairments, financial statements etc.) combined with involvement in treasury and financial controlling functions.

DUTIES AND RESPONSIBILITIES

  •  Review, capture and process journal entries to ensure all business transactions are recorded in accounting software Sage X3 v12 in accordance with group policy.
  • Review monthly accruals, provisions, loan accounts and interest calculations, fixed assets, IFRS16 bookings.
  • Perform reconciliations and general ledger account clearings.
  • Preparation of monthly/yearly closings.
  • Preparation of monthly management accounts.
  • Preparation of IFRS Financial Statements (yearly, interim etc.)
  • Preparation, review and submission of monthly tax returns (VAT, WHT, Import VAT, etc.), provisional tax and annual corporate income tax returns.
  • Responsible for the facilitation of the annual external audit.
  • Review, maintenance and implementation of the respective accounting and other policies in compliance with Group accounting policies.
  • Design, implement and maintain relevant and appropriate internal financial controls in compliance with Group internal procedures.
  • Ensure compliance with statutory requirements in alignment with local government standards, tax, and other local regulations.
  • Perform weekly, monthly and annual cash flow planning.
  • Set up monthly and annual budgets in line with Group and company strategies and objectives.
  • Generating and implementing processes to improve and automate finance functions.
  •  Provide support and leadership to 2-3 team members reporting to you.

JOB REQUIREMENTS

  • University degree in Finance, Accounting or Economics.
  • Minimum 3 years’ experience as Chief Accountant.
  • Experience in international company having tight monthly closing deadlines.
  • Experience in financial institution would be considered as advantage.
  • Knowledge and experience in the full-cycle accounting process.
  • Experience in preparation of IFRS compliant financial statements.
  • Comprehensive local tax knowledge, including WHT, VAT and Import VAT.
  • Experience in working with external auditors.
  • Comprehensive knowledge of IFRS.
  • Proficient computer skills (especially Excel), Sage X3 accounting software would be considered as advantage.
  • Fluent reading, writing and communicating in English.
  • Accuracy, punctuality and detail orientation.
  • Ability to learn and grasp concepts quickly.


EDUCATION REQUIREMENTS

  • Bachelor’s or higher degree in accounting, finance or any other related field (Professional qualification is an added advantage).
  • The applicant should be an affiliated member of Lesotho Institute of Accountants.

INTERPERSONAL REQUIREMENTS

  • Strong financial analysis skills
  • Get things done attitude
  • Strong communication skills, both written and verbal
  • Proficient knowledge in Microsoft office, particularly with Excel
  • Ability to work with little to no supervision