Payables & Tax Accountant at Madison Group Limited

The Role

The Payables & Tax Accountant will supervise the payables section and to ensure analysis of Management Expenses are done timely and accurately.

Key Responsibilities

• Supervise payables section staff and oversee smooth operations of the accounts payables section
• Monthly expenses reconciliation, analysis and reporting before 9th of every month
• Maintain accurate accruals and prepayment schedules
• Ensure payments are done within the agreed turnaround times
• Verification and checking of expenses and branch petty cash reimbursements before payment.
• Analyzing and reconciliation of allocated ledger accounts
• Support month end as well year end closures. Ensuring correct accounting entries and proposing appropriate journals to correct any mis-postings
• Ensure timely payment and filling of accurate statutory returns, taxes and levies as per the compliance checklist.
• Provide accurate reports, including daily cash position and weekly cashflow projections.
• Fixed asset register management
• Management of petty cash and imprest accounting.
• Assist in vendor reconciliation and responding to vendor queries raised
• Responding to audit queries by providing accurate audit schedules of allocated ledgers

Minimum Requirements

Qualifications, Experience and Personal Attributes

• A Bachelor’s Degree (Business Administration /Actuarial Science or related)
• Fully qualified CPA (K), ACCA or CIMA
• 6-8 years’ experience as an accountant in a busy finance environment within
  the insurance industry.
• Experience in handling tax matters.