Job Purpose

To manage the company’s financial records, ensuring accounting, regulatory and financial accuracy.
Responsible for all aspects of payroll processing ensuring that it is updated & completed accurately and on time.
To develop internal control policies and procedures aligned with best practice accounting standards.

Key Tasks

Assist with the coordination and administration of the Parent Company’s Annual Financial Audit, inclusive of the preparation of audit schedules and compilation of other supporting documents for review by the External Auditors.
Prepare monthly/quarterly financial statements (FS)/reports, inclusive of an Executive Summary highlighting budgeted to actual results.
Prepare and file VAT returns for the Parent Company on a timely basis.
Calculate quarterly statutory tax payments - GFL / BFL / CT and instruct payments to be made on a timely basis.
Calculate and review the monthly tax provision reported in the books of the Parent Company.
Implement & maintain internal financial controls & procedures.
Ensure that Prepayments and Accruals are accounted for accurately in the books of the Group.
Regular review of the AP and AR accounts to ensure that the Subledger Reports are mirrored to the General Ledger balances.
Maintain the company’s Fixed Asset Register and calculate monthly depreciation on all assets held.
Maintain the company’s Borrowing Register and calculate the monthly interest on all loans held.
Responsible for the accuracy & timeliness of Company payroll (overtime/no pay/salary deductions or advances) with payroll entries entered monthly (end of the first week of the following month) & any other statutory responsibility & deductions as outlined by NIB/BIR - NIS, PAYE, Health Surcharge, Pension handled as per regulatory & legal requirements
Administer deductions for employee benefits such as pensions, health insurance, and other programs, ensuring accurate contributions are processed.
Verify annual payments (PAYE, NIS, Health Surcharge, Gross Salary), prepare TD4 Summary Report for BIR and print/upload TD4’s for each employee
Complete NIS claim forms for employees as needed
Reconcile payroll reports with accounting records and resolve any discrepancies
Provide information and documentation for internal or external audits as required
Any other duties as required by the Group Chief Financial Officer.

Qualifications & Experience

BSc. Accounting and/or Level 2 ACCA
Must have a minimum of 3 years progressive accounting /finance experience.
Experience in the shipping industry an asset
Proven problem-solving and strong analytical skills.
Solid technical background, including consolidated reporting and statutory reporting experience.
Must have excellent administrative skills.
Ability to interpret information & make timely assessments & decisions.
Comprehensive knowledge of accounting principles & financial analysis.
Excellent verbal & written communication skills.

Skills & Knowledge

Highly computer literate
High level of integrity & confidentiality
Knowledge of financial & industry developments.
In depth knowledge & experience of MS Suite (Excel)
Team Player – Able to build effective teams and motivate others.
Organized, detailed-oriented and attentive to accuracy in reporting.
Goal oriented and self-motivated.
Ability to take responsibility and be accountable.
Able to multitask, work independently and manage competing priorities effectively.

Cargo Consolidators Agency Ltd jobs

Senior Accounting Assistant