Senior Accountant (IFRS Expert) at West Indian Ocean Cable Company (WIOCC)

Reporting Line: Director Accounting and Tax

Job Objective:

Responsible for accurate preparation of financial statements and maintaining proper accounting controls for WIOCC Group.

Key Duties & Responsibilities:

Financial compliance

• Ensure compliance with all IFRS and IAS guidelines in local and group reporting including coordination and adoption of new or amended IFRS and other accounting standards and interpretation thereof for proper accounting as well as assessing the potential impact on the Statement of Financial Position and Statement of Comprehensive income
• Ensure compliance with statutory law in the various jurisdictions and financial regulations by keeping abreast with changes in regional, industry and financial standards

Financial preparation

• Coordination and preparation of the IFRS Consolidated Financial Statements of WIOCC Group and its subsidiaries also review of the standalone financial statements for the subsidiaries

Financial reporting

• Ensure accuracy of all financial data that is posted in the accounting ERP and the monthly management workbooks
• Preparation of the monthly audit workbooks and trend analysis to explain the monthly movements and report any unusual movements from month to month with insightful explanations
• Responsible for timely recharge of costs from parent companies to subsidiaries including intercompany transactions
• Monthly reconciliation of cost of sales between the budgeted amounts against actuals.
• Approval of transactions that impact the general ledger, that is, invoices, journals and expense reports
• Ensure proper record keeping of document, soft and hard copies in line with agreed company procedures
• Involved in all month end and year end closing procedures of the reporting process

External and internal audits

• Coordinate and prepare for external statutory audits, avail information needed by the external auditors in a timely manner and provide advice, financial interpretations and corrective actions in response to audit and other queries
• Co-operating with all departments to comply with all auditor’s requests and meet the agreed deadlines

Accounting policies development–

• Support in developing and maintaining WIOCC Group accounting policies and standard operating procedures
• Support in ensuring a robust control environment is present throughout the accounting department

Stakeholder management

• Collaborate with internal stakeholders, such as senior management and department heads, to provide financial insights that support decision-making. Additionally, work with external stakeholders, such as auditors, investors and regulatory bodies

Any other responsibilities that may be assigned to the job by the supervisor from time to time.

Minimum Qualifications:

• Bachelor’s degree in finance or accounting or related field
• Professional accounting qualifications. The candidate should be a certified public accountant or a chartered accountant
• Deep understanding of IFRS and IAS accounting standards
• A minimum of 7 years’ experience in a Senior Accountant position or in a Big 4 audit firm
• Deep understanding of Group accounting and consolidations
• Proficiency in spoken and written English
• Proficient computer skills, including Microsoft Office Suite (Word, PowerPoint, Outlook, and Excel)
• Implement and execute set objectives and strategies in a fast-paced multi-national and multi-cultural work environment

Attributes

• Critical thinking & problem solving – able to solve problems by self, through analysis and making informed decisions
• Flexible / dependable – demonstrate reliability, responsibility and trustworthiness
• Collaboration & open mindedness – being a great collaborator and open to the ideas and opinions of others
• Intrinsically motivated – positive and passionate about role, and self-motivated
• Other attributes – works well under pressure, excellent time management, attention to detail and results-oriented, high personal integrity and ethical standards
• Stakeholder relationships – confident and able to build new relationships
• Strong analytical skills and able to collate and interpret data from various sources
• Ability to multi-task, prioritise and pay attention to detail