Job Description

Job no:

492655

Work type:

Permanent (Full-time)

Location:

Margaret Drive

Categories:

Corporate Services

Key Tasks and Responsibilities

Financial Accounting & Reporting

Accounting Operations: Perform General Ledger function for assigned programmes and units, along with supporting tasks which may include

Accounts Payable and Accounts Receivable; Cash and Fixed Asset Management; and Ad-hoc tasks as and when required

Financial Reporting & Month-End Closing: Prepare accurate and timely monthly financial closing, monthly balance sheet schedules and reconciliations, monthly cash flow forecasts and annual statutory financial statements

Subledger Reconciliation & Resolution: Reconcile subledger transactions with the Financial Accounting System, perform investigation on discrepancies (if any), and resolve discrepancies to ensure accurate and reliable reporting

Banking Transactions Management: Record all banking transactions timely and accurately

Management Reporting Support: Support Lead Manager, Finance Operations to prepare monthly management reports

Budgeting, Financial Planning & Analysis

Budget Preparation & Financial Forecasting: Assist in the preparation and consolidation of the annual budget and regular financial forecasts for assigned units

Variance Analysis & Financial Planning Support: Support Lead Manager, Finance Operations in conducting monthly budget and forecast variance analysis to provide insights for financial planning and decision-making

Cost Analysis & Strategic Insights: Generate cost analysis reports to support management in strategic financial decision-making

Compliance & Internal Controls

Regulatory & Compliance Monitoring: Stay updated with the financial aspect of funding requirements and ensure compliance with tax, legal and regulatory requirements

Petty Cash Administration: Administer petty cash, including claim verification, processing, and reconciliation

Documentation & Approvals: Review RC's monthly financial transactions for proper documentation, accurate account assignment, and timely approvals

Internal Controls Monitoring: Monitor the effectiveness of internal controls, promptly escalating risks or irregularities to Lead Manager, Financial Operations

Audit Follow-Up & Implementation: Take follow-up actions on audit findings and recommendations, and ensure timely implementation of recommendations

Asset Reconciliation: Safeguard RC's assets (cash, inventory and equipment) through appropriate internal control procedures and periodic reconciliations

Collaboration & Process Improvement

Process Improvement & Efficiency: Work with other Finance Operations team members to streamline processes and improve efficiency

Financial Systems & Controls Enhancement: Participate in financial system or workflow improvements, including documentation of procedures and sharing of best practices

Job Holder Requirements

Diploma or Degree in Accountancy / Finance with relevant professional accounting certification (ACCA) Minimum 2 years of relevant working experience Experience in budgeting, forecasting, and variance analysis, will be an advantage * Prior working experience in Social Services or Special Education sector will be an advantage.