Accountant - Budgeting & Reporting job at Watoto Church and Child Care Ministries | Apply Now

Financial Analysis & Reporting.

• Prepare timely accurate financial statements and management reports in accordance with the Finance policy.

• Prepare monthly comprehensive variance analysis reports to the function heads and explain variances between actual and budgeted and as well as actual versus YTD prior year figures

• Maintain periodic balance sheet reconciliations and listings.

• Serve as primary liaison for external audits related to reporting and controls.

• Follow-up on the resolution of audit queries and the implementation of any recommendations.

Budgeting & Forecasting.

• Take lead in the coordination of the Annual Ministries budget in liaison with other Team Leaders.

• Implement budgetary controls to ensure that the expenditure is within the approved budget.

• Track departmental budgets expenditures and ensure quarterly realignments are done as per the financial policy.

• Prepare quarterly financial forecasts.

• Collect cost information and present cost control initiatives to management.

Process controls and execution.

• Manage the Accountable Advance process and ensure that controls are adhered to.

• Review the shared cost allocations for all the entities and ensure that they are correctly posted.

• Review program reconciliations and ensure that settlements are regularly done.

Risk Management & Compliance.

• Key liaison with the tax professionals engaged by Watoto Church Ministries.

• Ensure computation of corporation tax and deferred tax for the business entities.

• Prepare financial disclosures relating to taxation.

• File corporation tax returns.

• Prepare and follow up correspondence to and from statutory bodies

• Accountable for retirement and other benefit plans reporting.

Policies and Procedures.

• Contribute to the review of the Watoto Ministries Financial policy, guidelines and procedures to ensure that they are in line with international standards and Ministry needs.

• Participate in the development of finance risk mitigation strategy

Projects and Systems Development.

• Develop and implement automated systems that provide accurate reports to management.

• Ensure that complete and accurate information is retrieved from the system.

• Complete special projects and ad hoc analysis as assigned.

• Provide technical oversight and ensure effectiveness of the accounting systems, processes, and implement modifications for improvement.

Human resource management and development.

• Participate in the recruitment, onboarding, orientation and performance appraisal of team members.

• Ensure that all staff have clearly defined job descriptions, and performance action plans.

• Instigate employee initiatives that aim to deliver high performance.

• Prepare and implement a department annual leave schedule.

Preparation of Reports.

• Analyse and prepare data driven reports for strategic decision making.

• Formulate periodic and ad hoc reports in line with the organization’s reporting guidelines to Management and Deacons Finance Committee.

• Organize periodic Deacons Finance Committee meetings.