Accountant

Key Duties and Responsibilities:

1. Financial Analysis & Reporting:

• Prepare timely, accurate financial statements and management reports in line with Watoto’s Finance Policy.
• Prepare monthly variance analysis reports to compare actual vs. budgeted figures and prior year figures, explaining variances to relevant stakeholders.
• Maintain and ensure balance sheet reconciliations and listings are up to date.
• Act as the primary liaison for external audits, ensuring compliance and addressing audit queries.
• Implement audit recommendations and follow up on resolutions.

2. Budgeting & Forecasting:

• Lead the Annual Ministries budget coordination in collaboration with other team leaders.
• Ensure budgetary controls are in place, monitoring that expenditure remains within approved limits.
• Track departmental budgets and conduct quarterly realignments according to financial policy.
• Prepare quarterly financial forecasts and provide cost control insights to management.

3. Process Controls and Execution:

• Manage the Accountable Advance process, ensuring compliance with controls.
• Review and ensure accurate allocation of shared costs for all entities.
• Monitor and ensure regular reconciliations of programs and settlements.

4. Risk Management & Compliance:

• Serve as the key liaison with tax professionals and ensure the computation of corporation tax and deferred tax for all business entities.
• Prepare financial disclosures related to taxation and file corporate tax returns.
• Handle correspondence with statutory bodies and ensure compliance with regulatory requirements.
• Manage retirement and other benefit plan reporting.

5. Policies and Procedures:

• Contribute to the review of Watoto Ministries’ financial policies to ensure alignment with international standards and the ministry’s needs.
• Assist in the development of finance risk mitigation strategies.

6. Projects and Systems Development:

• Develop and manage automated financial systems to improve reporting accuracy and efficiency.
• Ensure that all information retrieved from accounting systems is complete and accurate.
• Handle special projects and ad hoc analyses as required.
• Provide technical oversight to improve the accounting systems and processes.

7. Human Resource Management and Development:

• Participate in recruitment, onboarding, and performance appraisals of finance team members.
• Ensure that all staff have clear job descriptions and performance action plans.
• Lead employee initiatives to foster high performance and implement the department’s annual leave schedule.

8. Report Preparation:

• Analyze data and prepare data-driven reports for strategic decision-making.
• Prepare periodic and ad hoc reports for management and the Deacons Finance Committee.
• Organize Deacons Finance Committee meetings as needed.

Qualifications, Skills, and Experience:

• A minimum of a Bachelor’s degree in Commerce, Accounting, Business Administration, or a related field from a reputable university.
• Completed or in the process of obtaining professional certification in accounting (e.g., ACCA, CPA, or similar).
• At least 5 years of experience in a busy finance and accounts function.
• Proficiency in accounting systems; experience with Solomon is a distinct advantage.
• Strong financial analytical, problem-solving, and attention to detail skills.
• Solid understanding of financial principles, cash management, and risk analysis.
• Strong report writing, presentation, and communication skills.
• Ability to exercise confidentiality and make sound judgments.
• A high level of personal and professional integrity.
• Ability to live up to organizational values and a strong work ethic.

How to Apply:

Interested candidates should submit their applications through the link below:
Apply Here

Application Deadline: January 24, 2025