Financial Accountant (MT1) - Finance Department
Listing reference: capbw_001815
Listing status: Under Review
Apply by: 6 September 2024
Position summary
Industry: Banking
Job category: Financial Accounting
Location: Windhoek
Contract: Permanent
Remuneration: Market related
EE position: No
Introduction
To assist with the administration of Bank Windhoek’s debtors and creditors. Responsible for the accounting and payment function of the bank.
Job description
Key Performance Areas (KPAs)
1. Administration
• Review and monitor all customer and creditors transactions processed in the accounting records of the bank and resolve related queries.
• Open new customer/ vendor accounts and maintain all details.
• Provide input into debt collection strategies.
• Assist with the following up on due and overdue debtors accounts and all debtors’ enquiries received.
• Ensure that all debtors’ invoices and statements are sent to customers.
• Ensure that proof of payments to creditors are distributed.
• Perform daily/ weekly/ monthly reporting to management on outstanding debtors and creditors and related queries.
• Prepare and review debtors’, creditors and general ledger reconciliations and resolve any related queries and recommend possible write offs to management.
• Managing the quality and turnaround times of the customer and vendor reconciliation as well as the accounting processes.
• Prepare and process the monthly payroll.
• Ensure that account allocations and payments are correctly processed and authorised in line with policy and process parameters.
• Manage the monthly closing of financial records and posting of month end information, ensure the accuracy and timelines thereof.
• Recommend and participate in process improvement and accuracy, automation, efficiency, and risk control.
• Assist in the interim and annual audit performed by the external and internal auditors.
2. Client Services
• Ensure that all correspondence to clients is completed timeously.
• Ensure that no losses occur because of omissions.
• Ensure that all queries are handled immediately with positive results.
• Go the extra mile for clients with excellent aftercare.
3. Personnel Management
• Ensure that personnel are judiciously applied in appropriate posts and that the workload is cleared with the minimum mistakes and overtime.
• Ensure that formal and on-the-job training is effectively planned and conducted to ensure that sufficient expertise is available to deal with the work.
• Ensure that mentorship in the department is effective to enable all personnel to develop to their full potential.
• Ensure that sufficient knowledge of personnel and their duties is maintained to have effective evaluations and ensure that on-going discussion take place.
• Ensure that evaluations are done on a regular basis according to the guideline of the system.
• Ensure that steps are taken to develop employees for performance improvement.
4. Other
• Any other reasonable and lawful instruction as given to the incumbent by his/her line manager.
• Assist peers in execution of daily tasks if required.
Core Competencies:
• Leading and supervising
• Adhering to principles and values
• Working with people
• Analysing
• Planning and organising
• Delivering results and meeting customer expectations
• Following instructions and procedures
• Adapting and responding to changes
• Coping with pressures and setbacks
• Achieving personal work goals and objectives
Minimum requirements
Experience/Knowledge and skills:
• At least 5 years practical experience in the Financial Accounting Field, with 3 years Supervisory experience.
• Experience in the banking sector will be an added advantage
• Computer literacy (Word and advanced knowledge of Excel spreadsheets).
• Excellent interpersonal and communications skills (verbal and in writing – English).
• Customer service skills.
• Detail conscious.
• Must have an aptitude for detail and critical analysis to report to management.
• Demonstrated ability to work independently and taking ownership.
• Ability to work well under pressure and deliver accurate documentation.
• Ability to manage one’s own and sub-ordinates time, set priorities, plan, and organise work in order to meet strict deadlines/ timeframes and allocated tasks within the role.
• Ability to manage multiple tasks effectively.
• Sound knowledge of VAT.
• Knowledge of the accounting systems (SAP) and processing activities will be an added advantage.
Qualification:
• B Comm. Accounting Degree with completed articles (NIPA or ICAN)
