Accounting Supervisor

Key and Critical Responsibilities

Monitors and supervises the timely and accurate completion of accounting transactions and information. <div> Prepares periodic and ad hoc financial reports and statements. </div><div> Manages and verifies the work completed by lower level staff. </div><div> Schedules and organizes the completion of tasks and duties of the relevant sections in accordance with set deadlines and deliverables. </div><div> Reviews and verifies all processed transactions to ensure the accuracy and completeness and compliance with accounting standards (IFRSs and GAAP), policies, statutory and contractual requirements for all entries. </div><div> Post all transactions in the accounting system on a daily basis. </div><div> Monitors and processes all company transactions in the accounting system and verifies the completeness, reliability and relevance of all department reports and information. </div><div> Reviews and approves all department reports, reconciliations and statements. </div><div> Implements work schedules and desk manuals for each member of staff. </div><div> Continually monitors and reviews departmental and staff performance to ensure targets are being achieved. Identifies, recommends and implements necessary corrective action where necessary. </div><div> Reviews all existing processes and procedures to ensure compliance with the approved Policies and Procedures and other statutory requirements and to make recommendations to improve process efficiency. </div><div> Monitors the timely payment of salaries to all employees (both monthly and fortnightly paid) in accordance with contractual and statutory requirements. </div><div> Reviews and ensures the submission of Statutory Deductions and remittance to the respective statutory/financial institutions within the established deadlines. </div><div> Ensures all suppliers are paid in a timely manner. </div><div> Ensures the timely collection of the Authoritys accounts receivables and reimbursements. </div><div> Liaises with internal department heads and external agencies to ensure the resolution of queries, issues and inefficiencies that affects departmental objectives and deliverables. </div><div> Sensitizes and advises accordingly relevant stakeholders as to established company, departmental policies, procedures, protocols and processes. </div><div> Prepares the Cash Flow Projections and Reports. </div><div> Assists in the establishment of the budgeting methodologies, assumptions and estimates for the preparation of future budgets and projections. </div><div> Co-ordinates, reviews and submits all budget submissions and annual draft estimates for all departments and institutions for managerial / executive approval. </div><div> Reviews and approves purchase requisitions in accordance with the budget allocation for the fiscal period. </div><div> Liaises with and advises all Head of Department/Institution Heads (budget holders) with regards to approved budget allocations, available funding for the period and all variances on a monthly basis. </div><div> Monitors the budgeted expenditure versus actual expenditure and the formulation and the enforcement of proper budget planning and management techniques and remedial actions for adverse variances with all departmental / institution heads. </div><div> Prepares detailed costing schedules and output levels for specific services/procedures and workflows and the calculation of the respective standard operating costs and benchmarks. </div><div> Assist in establishing methods for the identification, measuring and monitoring of departmental and institutional cost drivers on a monthly basis. </div><div> Establishes appropriate costing methodologies and apportionment methods to accurately define standard costs for all services/processes and cost centres within the Authority </div><div> Performs financial evaluation; feasibility studies of proposed projects; periodic Fixed Asset, Inventory and Cash counts. </div><div> Maintains all Chart of Accounts. </div><div> Administers the petty cash float in accordance with the Financial Policies and Procedure and reviews all disbursements and replenishments and the conducting of cash counts on a daily basis. </div><div> Prepares Business Letters, Management Reports and Committee Notes. </div><div> Ability to perform duties according to assigned rosters or plans that can be formulated in times of authorized service exigencies. </div><div> Ability to use the relevant computer applications related to job functions. </div><div> Performs related duties as assigned. </div><div><br></div><div> </div>