SENIOR ACCOUNTS ADMINISTRATOR – BSB INSURANCE SERVICES

VACANCY 

SENIOR ACCOUNTS ADMINISTRATOR (8 MONTHS FIXED TERM CONTRACT)

Are you a dynamic and results driven accounting professional ready to hit the ground running?

We are looking for an Accounts professional to take full ownership of our end-to-end finance function.

This is a high impact role where your expertise will directly support business continuity and financial integrity. If you are passionate about numbers, thrive in a fast paced environment and can start immediately, we want to hear from you.

What You’ll Be Responsible For:

• Reconcile creditors’ control accounts to ensure that they balance.
• Investigate and resolve any discrepancies with creditor’s accounts.
• Process miscellaneous payments/ cheques from time to time.
• Maintain a register showing cheques made.
• Check the petty cash funding vouchers for respective departments.
• Ensure all the cash balances and is deposited accordingly for control purposes.
• Ten reconciliations of the petty cash books and general ledger on weekly and monthly basis to identify any discrepancies and whether the monthly general ledger balances with trial balance for completeness.
• Perform reconciliation of the general ledger accounts:
• Update the invoices in the system so that creditors can be paid in accordance with the Agency’s accounting procedures.
• Make follow ups on unpaid invoices from statements and on creditors ledger to ensure payment of all items.
• Ensure reconciliation of creditors’ statements with the creditors’ ledger to the most recent statement so that creditors without statements can be contacted.
• Check creditors’ postings in the system and update them to effect payment.
• Check supplier reconciliation to confirm the correctness of the amount due for payment and make a follow up on reconciling items according to the Agency procedures.
• Collaborate with Procurement to negotiate settlement discounts with suppliers for early payments in accordance with Agency procedures.
• Attend to creditor queries relating to payments and account settlement inquiry and old in accordance with agency policies and guidelines.
• Prepare cash flow forecasts for payments to be made on monthly basis and explain variances arising thereof.
• Oversee all the Agency’s accounts payable business transactions and ensure that there are no errors in the records.
• Develop and recommend policies and procedures to ensure compliance with legislative and statutory requirements.
• Prepare and process accounts payable and accordingly posts expenditures to general ledger.
• Prepare monthly cash received summary report and submit it to the Principal Officer for approval.

• Prepare and process billings, codes, and purchase requisitions.
• Maintain expenditure records and prepare periodic expenditure reports by operating and maintaining computer data log to record.
• Tabulate and maintain records of materials, supplies, labour, and equipment costs on department projects.
• Reconcile expenditure to budget line items and prepare budget expenditure projections.
• Provide financial advice for operational issues by applying financial principles and practices to develop recommendations.
• Ensure Tax payments and compliance.
• Payments of NBFIRA supervisory levy.
• Payments of CIPA annual fee.
• Payments of NBFIRA License renewal fee.
• And any other duties that may be assigned to you from time to time

What We’re Looking For:

• Degree in Accounting, Finance, Financial Management, or equivalent professional qualification.
• Part qualification towards (BICA, ACCA, ACA, CIMA, etc.) an added advantage.
• Three (3) years’ experience in a financial management and/or accounting role (preferably at a bank or other mass market financial institution).
• Demonstrated experience utilising a computerised accounting system and detailed knowledge of contracts and change order documents is strongly preferred.

What’s in It For You?

1. A chance to make a meaningful impact
1. Exposure to strategic financial operations
1. Competitive remuneration for the duration of the contract
1. Possibility of future opportunities within the group