Accountant Job

PURPOSE OF THE POSITION:

To oversee the financial management, reporting, statutory compliance, and general accounting functions for O&L Leisure and ensure compliance with established procedures and policies. Co-lead the finance function, control and coordinate the financial processes required for hotel operations and Central Office.

QUALIFICATIONS & EXPERIENCES:

• Bachelors degree in accounting/ commerce/ management accounting or financial accounting
• 3-5 years experience in accounting and financial management preferably in the hospitality industry.
• Knowledge of IFRS and accounting practices.
• Proficient in SAP and Opera systems.
• Knowledge of Income Tax Act, Companies Act, VAT Act

KEY ACCOUNTABILITIES:

• Manage, review, and execute month-end management accounts for submission by the 6th working day of each month.
• Reconcile balance sheet accounts monthly to ensure accurate reporting and ledger maintenance.
• Upload bank statements to the various GL accounts with accuracy & timeliness.
• Clear bank control accounts regularly for accurate financial records.
• Post ad-hoc vendor invoices, including those related to capital projects.
• Reconcile closing inventory figures between Materials Control and SAP.
• Support external audits and conduct internal audits on financial processes and controls.
• Generate detailed management accounts for accurately and timely with supporting documents.
• Process all taxation activities, ensuring timely payment of Import VAT, VAT, Withholding Tax on Services, and Withholding Tax on Interest.
• Reconcile, complete, and submit tax returns on ITAS.
• Review creditors reconciliations and authorize payments.
• Assist in raising purchase orders and goods received vouchers at Central Office.
• Process all bank transactions, including bank charges and interest, and capture all banking receipts.
• Reconcile bank statements monthly for inspection by the line manager before the completion of monthly management accounts.
• Monitor cash flow by comparing available cash against periodic payment needs and plan accordingly.
• Review Petty Cash monthly.
• Assist in the annual budgeting process as required.
• Assist in fixed assets capitalization, verification, and counts as a custodian.
• Recommend cost reduction strategies and revenue enhancement.

COMPETENCIES REQUIRED

• Lives the O&L Values
• Leads Growth
• Takes Bold Stands
• Causes Alignment
• Being Authentic
• Inspires Innovation
• Deliver Extraordinary results.

Closing Date: 22 March 2024

This position is subject to a pre-employment screening and vetting process, and by applying for this position, Applicants acknowledge that they are aware that the Company reserves the right to carry out screening / pre-employment vetting of all shortlisted Applicants. A Certificate of Conduct issued by the Namibian Police (not older than 6 months) will be required from shortlisted Applicants.