Careers

Job Description

The Accountant is responsible for managing the Society's accounting operations, ensuring accurate financial reporting, sound accounting policies, practices and internal controls compliant with legislation and industry-related requirements.

The incumbent provides advice and direction to the Board of Directors and the General Manager on accounting and other related matters, as necessary.

Key duties and Responsibilities

Essential Duties

• Provides leadership, direction and day-to-day management for all aspects of the accounting operations.
• Responsible for completing and maintaining general ledgers, reconciliations, budgets and financial reports. Additional responsibilities include monthly analysis of general ledger accounts, revenue and expense analysis and monthly financial statements.
• Ensures accurate, timely and consistent information is delivered to the Board of Directors and management
• Prepares or assists with regulatory reporting.
• Maintains working knowledge of organisational policies and procedures, current and/or pending industry regulations, legislation and accounting standards.
• Ensures appropriate business and financial controls are in place and compliant with Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) Standards, best practices, compliance and regulatory standards.
• Ensures compliance with internal control policies, guidelines and procedures, including strategic planning and other accounting processes.
• Applies sustained effort to ensure continuous improvement in both the effectiveness and efficiency of financial and accounting processes.
• Manage and account for the Society's Fixed Assets.
• Develop and implement revenue collection and debt collection systems.
• Ensure adequate safeguards to protect Society and its assets from fraud and misuse.
• Work with the Society's Internal Audit Department and external auditors, including auditors from state agencies, to ensure the assets and accounts of the organisation are appropriately managed.
• Reviews and responds to issues identified in audits and regulatory reports..
• Maintains strict confidentiality on all matters.
• Maintains joint custody of Treasury with the General Manager.
• Liaises with the Information Technology Software provides and ensures the system is backed up daily.
• Ensures Supervision of the Accounts Staff.
• Prepares monthly Staff Salaries and ensures that the statutory and other deductions are remitted to the respective offices by the stipulated dates.
• Perform other related duties as required by the job function.

Supervisory Functions

• Establishes the scope of authority, schedule and responsibilities for direct reports.
• Engages with direct reports and peers to align goals with organisational goals and objectives, establish performance metrics, provide feedback and develop talent.
• Ensure a safe and harmonious work environment by treating with staff issues and resource requirements in a consistent and timely manner.
• Comply with the HSE policy and procedures of the Society and cooperate with workplace health and safety measures and initiatives.
• Ensure risk management activities for areas of responsibility are implemented, regularly monitored and maintained, including the work areas of subordinates.

Qualifications

• ACCA Level III with discipline-related experience.
• A Minimum of five years experience with increasing responsibility, of which 3+ years must be at the management level in financial institution.
• A Bachelor's Degree in Finance or Accounting will be an asset
• A Degree/Diploma in Credit Union Management will be an asset.
• Power User in Emortelle accounting software.
• In-depth knowledge of GAAP, IFRS 9 and FIU regulations.
• Excellent analytical and organisational skills with focused attention to detail.