Finance And Accounts Lead
Current• Manage accurate and timely financial records, by processing, reconciling and reporting all transactions in accordance with International Financial Reporting Standards;• Manage all finance and accounting functions, including expenses, budget preparation , Tax VAT calculations and reporting, financial reporting and successful external audits.• Maintain accurate records in SAP and QuickBooks of all payments for goods and services received, from vendors.• Preparation of monthly… Show more • Manage accurate and timely financial records, by processing, reconciling and reporting all transactions in accordance with International Financial Reporting Standards;• Manage all finance and accounting functions, including expenses, budget preparation , Tax VAT calculations and reporting, financial reporting and successful external audits.• Maintain accurate records in SAP and QuickBooks of all payments for goods and services received, from vendors.• Preparation of monthly budget versus actual financial reports for each program and presentation of complex financial results with analysis to the management in New York, USA., In order to facilitate decision making; • Monitoring project expenses against donor approved budget lines to ensure fund is appropriately spent within project timeline and donor guideline. Keeping track of all project budgets.• Reporting financial results to donors as per donor guideline. • Monitoring expenses of field teams and ensuring financial compliance for restricted grants. • Analyze and present complex financial data to facilitate management’s decision making.• Preparation of annual financial statements as per International Accounting Standards and International Financial Reporting Standards ;• Involved in identification of business risk and control deficiencies in the financial management systems and recommendation of compensating controls.• Ensure compliance with local regulatory requirements including The Companies Act, 1994, The Value Added Tax and Supplementary Duty Act, 2012 and Income tax Act 2023 etc. Preparation and timely submission of reports and documents required by local regulatory authorities. Manage relationship with bank to ensure smooth fund release, better interest rates from FDR and LC issuance for eyeglass import. Facilitate local statutory audit and support US group audit and US tax audits. Ensure proper transparency and governance in procurement and financial transactions of the organization. Show less