Assistant Accountant at Umba

The role is responsible for supporting the Finance Department in maintaining accurate financial records through timely and accurate reconciliation of bank and account statements. The position plays a key role in ensuring data integrity, assisting in audit preparations, managing financial documentation, and supporting the timely posting of payments and statutory filings. The incumbent will also contribute to process improvements and provide general administrative support to ensure smooth financial operations.
Key Responsibilities
Bank Reconciliation

• Assist in reconciling bank statements with company financial records.
• Identify and resolve discrepancies between bank records and the general ledger.

Account Reconciliation

• Perform monthly reconciliations of various balance sheet accounts.
• Investigate and promptly resolve all reconciling items.
• Preparation of CBK reports for review by senior officer

Documentation and Reporting

• Prepare daily liquidity monitoring reports.
• Maintain accurate and organized reconciliation documentation.
• Prepare reconciliation reports and summaries for senior finance staff review.

Support Financial Audits

• Assist in preparing documentation required for internal and external audits.
• Provide necessary support during audits by ensuring all requested information is readily available.

Data Entry and Maintenance

• Ensure accurate and timely posting of all payments in the Management Information System (MIS).
• Facilitate prompt loan disbursement in both MIS and bank systems.
• Maintain and update the fixed assets register.

Statutory Filing and Payments

• Ensure timely filing and remittance of all statutory deductions in line with regulatory deadlines.

Process Improvement

• Identify areas for improving reconciliation processes and increasing efficiency.
• Support the implementation of new reconciliation tools or software solutions.