Job Objective:
To execute all procedures related to accounts receivable to maintain all financial accounts and fixed assets records in line with the policies and regulations, by maintaining general ledger and sub-ledger accounts and producing various accounting reports.
Key Accountabilities:
General Accounting:
- Reconciles collection and billing accounts on a regular basis in order to be able to accurately reflect the status of accounts receivable activities.
- Coordinates with local and overseas offices to receive and document the information on fixed assets in order to support the updating of the fixed assets register on a regular basis.
- Issues invoices and conducts regular follow-ups with sponsors and strategic partners in line with the agreed payment schedules to ensure that the collections are made in time as per the relevant terms and regulations.
- Calculates fixed asset related costs such as depreciation, amortization and asset under construction, and prepares relevant reports to support the preparation of periodic financial statements.
- Prepares journal entries for bank reconciliation, and obtains approval and authorised signatures on all required documentation.
- Enters credit transactions related to all revenue accounts to support the balancing of entries on DET's books of account.
Financial Reporting Support:
- Assist in conducting ad hoc studies and analyses, and preparing regular and ad hoc reports to support decision-making.
- Prepares and submits periodic accounts and financial analysis reports and statistics in a timely manner and submits to line manager.
- Contributes to the monthly reporting process by ensuring that all invoices and payments are entered into the accounting system.
