The financial accountant job task will vary depending on company services and needs, however some duties of financial accountant jobs in ghana are expected to be the same for all companies. These include but not limited to collecting financial data, analysis and finding variances, studying financial trends, data summary and preparation of monthly, quarterly and annual statements of the company. This is achieved by using accepted accounting principles.
Key Competencies of financial accountants
- data Analysis
- highly numerate
- critical and strategic thinker
- Make intuitive and heuristic judgement
- strong communicator at all levels
- problem solver
- attention to detail
- Flexibility and stress tolerant
- well organised
- Good presentation skills
- able to work a team
Expected Education and Experience of financial accountants
- qualification in accounting degree or relevant training
- working knowledge of applicable financial laws, codes and regulations
- working knowledge country specific accepted accounting practices and principles
- Practical knowledge and experience of accounting software packages, example: sage
- knowledgeable in economic and auditing principles
- Usually expected to be ACCA, CFA or CIMA chartered with at least 3 years of work experience with expertise in financial reporting,taxation, budgeting, financial data analysis, forecasting and advice.
Main Responsibilities and Accountability of financial accountants
- Responsible for the General Ledger
- Preparation of Statutory Accounts
- Supporting the External Audit process
- Responsible for full balance sheet reconciliation
- Responsible for payroll duties
- Completion of pay as you earn (PAYE) and VAT returns
- Overseeing financial software system development and testing
- Â Ensuring accuracy and completeness of financial reporting
- Liaising with the Tax team in relation to VAT queries / support
- Responsible for managing and delivering month end reporting, including accruals and prepayments
- Â Ensure country specific policy compliance of the business
- Deputising Head of Finance in his or her absence
- Spotting and resolving accounting irregularities
Ensure accurate and appropriate financial data recording and analysis of revenues and expenses
It is prudent for job seeker to ensure CV highlights the aforementioned job descriptions of financial accountants and make conscious efforts to meet meet them if you intend to build a career as a financial accountant.