Principal Financial Accountant

Purpose of the position:
Prepare and Review Financial Transactions in a specified period of time in accordance to the UEDCL financial Guidelines and Policies.

Key Result Areas:
• Review and verify all financial Requisitions and Vouchers for accuracy and compliance to set guidelines before submission to the Manager Financial Accounting for approval.
• Prepare, submit monthly tax returns plus any other statutory obligations according to the statutory requirements.
Update and maintain the inventory ledger on monthly basis for all stores according to the financial policy.
• Assist with audit preparations (Internal and external).
• Provide prompt settlement of all suppliers’ invoices and staff payments in line with the Finance Manual.
• Review monthly Bank reconciliations for all UEDCL Accounts and report to Manager Financial Accounting on any anomalies in line with the Finance Manual.
Prepare Departmental Monthly report highlighting key information for management action as per UEDCL policy guidelines.
• Review and monitor implementation of internal controls including risk assessments and review of risk areas in line with the company’s risk policy.
• Participate in the budget preparation process with inclination on financial implication of budget assumption in accordance to the Finance manual.
Reconcile prepaid accounts on monthly basis and ensure all expense are captured in the respective periods and well analyzed.
• Prepare bi weekly working capital report and submit to Manager Financial Accounting.
• Ensure all documents are scanned and well archived.
• Any other duties that may be assigned from time to time.

Knowledge, Skills and Abilities
• A Bachelor’s degree in commerce (BCOM), Business Administration (BBA) or its equivalent from a recognized university.
• Professional Qualification at least Stage II, i.e. ACCA, CPA
Experience of not less than 5 years in a reputable public or private organization
• Proficiency in handling of Sunsystem, Vision & Ms Excel, Ms word, Power point
• Financial Analytical Skills & Problem solving Skills, should have good written communication skills.
• Proven Track of Integrity & Work ethics, Committed Team player whose Result Oriented and good at getting the best out of his/her Subordinates.
• Membership to a professional accounting body is an added advantage.