Financial Accountant Job Description

Financial Accountant Job Description

Job Title: Financial Accountant

Location: [Insert Location]
Job Type: Full-Time
Department: Finance/Accounting
Reports To: Finance Manager/Financial Controller

Job Summary:

The Financial Accountant is responsible for ensuring the accuracy and integrity of the company’s financial records and reporting. This role involves preparing financial statements, maintaining general ledger accounts, ensuring compliance with accounting standards, and supporting audits. The ideal candidate will have a solid understanding of accounting principles, strong analytical skills, and the ability to manage multiple financial tasks in a fast-paced environment.

Key Responsibilities:

  • Financial Reporting: Prepare accurate monthly, quarterly, and annual financial statements in compliance with accounting standards and regulatory requirements (e.g., IFRS, GAAP).
  • General Ledger Maintenance: Maintain and reconcile general ledger accounts, ensuring accuracy and completeness of financial data.
  • Month-End Close: Perform month-end close activities, including journal entries, accruals, and prepayments, ensuring deadlines are met.
  • Balance Sheet Reconciliation: Reconcile balance sheet accounts on a regular basis and investigate any discrepancies or variances.
  • Audit Support: Assist with internal and external audits, providing documentation and responding to queries. Ensure that audit recommendations are implemented.
  • Tax Compliance: Prepare and file VAT, corporate tax returns, and other statutory filings. Ensure compliance with tax regulations and work closely with external advisors as needed.
  • Cash Flow Monitoring: Assist in preparing and monitoring cash flow forecasts, ensuring sufficient liquidity for business operations.
  • Fixed Asset Management: Maintain the fixed asset register, ensuring that acquisitions, disposals, and depreciation are accurately recorded.
  • Budgeting & Forecasting: Support the preparation of budgets and forecasts by providing historical financial data and insights.
  • Compliance & Controls: Ensure adherence to internal financial policies and controls, suggesting improvements to strengthen internal processes where necessary.
  • Financial Analysis: Perform variance analysis and provide insights into financial performance, highlighting risks and opportunities.
  • Ad Hoc Reporting: Provide financial reports and analysis as requested by management to support decision-making.

Key Requirements:

  • Education: Bachelor’s degree in Accounting, Finance, or a related field. Professional qualification (e.g., ACCA, CIMA, CPA) is preferred or in progress.
  • Experience: 3+ years of experience in financial accounting or a related role.
  • Skills:
    • Strong knowledge of accounting principles (e.g., IFRS, GAAP) and financial reporting.
    • Proficiency in accounting software (e.g., SAP, Oracle, QuickBooks) and Microsoft Excel.
    • Excellent attention to detail and high level of accuracy.
    • Strong analytical and problem-solving skills.
    • Ability to work under pressure and meet tight deadlines.
    • Good communication skills for presenting financial information to non-financial stakeholders.
  • Personal Attributes:
    • Proactive and self-motivated, with a focus on continuous improvement.
    • High level of integrity and discretion when handling confidential information.
    • Ability to work both independently and as part of a team.

Benefits:

  • Competitive salary and performance-based bonuses.
  • Study support for professional accounting qualifications (e.g., ACCA, CIMA, CPA).
  • Health insurance, pension plan, and other benefits.
  • Opportunities for career development and progression within the finance department.
  • A collaborative and supportive work environment.

How to Apply:

To apply for this position, please submit your resume and a cover letter to [Insert Application Email] or visit [Insert Company Website]. We welcome candidates from diverse backgrounds and experiences.

This Financial Accountant job description outlines the key responsibilities and qualifications for the role, focusing on financial reporting, general ledger maintenance, audit support, and tax compliance. It highlights the need for strong accounting knowledge, analytical skills, and attention to detail.