Exploits University
Applications are invited from suitably qualified and experienced candidates with proven hands-on accounting experience to fill the vacancy of Accountant at Exploits University Lilongwe Campus.
JOB SUMMARY
The accountant is responsible for timely preparation of financial statements and coordinating all financial related activities of the University. He/she safeguards all University assets, manages the finance system and reconciles the University accounts. He/she closely supervises the Assistant Accountant and ensures the utmost efficiency.
KEY DUTIES AND RESPONSIBILITIES
- Timely payroll preparation and ensuring tax obligations
- Management of creditors and suppliers accounts by ensuring all invoices are recorded, monthly production of the aged creditors’ analysis and ensuring that payment plans and monthly obligations are remitted.
- Management of the asset register by regularly updating it and ensuring that all assets are tagged, recorded and evaluated yearly.
- Filing tax returns with the Malawi Revenue Authority i.e PAYE, WHT and Corporate taxes.
- Effectively manage the University cash flow while adhering to established policies.
- Preparation of draft audit reports in readiness for external auditing.
- Management of expenditure in line with the budget.
- Ensures adherence to all monthly and yearly TAX obligations.
- Daily updating of the Student’s Management System.
- Calculate and administer terminal benefits entitlements.
- Yearly preparation of University budget and quarterly review of the budget
- Reconcile bank statements, verify charges, monitor cash reserves, reconcile accounts payable and accounts receivable.
- Ensure transactions are properly recorded and entered into the computerised accounting system.
- Prepare monthly financial statements, quarterly reports, reports on variances, reports consisting of income statements and balance sheets.
- Maintain the computerised accounting system.
- Maintain the accounts payable and accounts receivable systems in order to ensure complete and accurate records of all moneys.
- Ensure all transactions are in line with government laws.
- Issue receipts in the absence of the assistant accountant.
- Any other duties assigned.
PERSON SPECIFICATIONS
Qualifications ad Work Experience
- A Bachelor’s Degree in Finance/Accounting from an accredited institution recognized by National Council of Higher Education (NCHE). Those studying towards professional ACCA, CIMA qualifications and registered with ICAM will have an added advantage.
- Minimum 4 years working experience in accounting field under minimum supervision.
- Have good knowledge of Microsoft Office applications. Knowledge of Accounting package QuickBooks will be an added advantage.
Core competencies and attributes
- Knowledge of the Malawi tax legislation, accounting regulations and accounting practices and policies.
- Ability to work independently within deadlines, self-motivated and creative.
- Excellent analytical and computer skills, including proficiency in Excel and QuickBooks.
- Outstanding organizational, reporting, data entry and maths skills.
- Attention to detail.
- Proven ability to work under pressure and deliver within tight deadline.
- A team player who demonstrates high levels of honesty, confidentiality and integrity.
- A self-starter who is able to plan and manage his/her own work and takes initiative
Exploits University is an equal opportunity employer. Every qualified applicant will be considered for employment.
Method of Application
Interested candidates who meet the above qualifications should submit their applications electronically and these should include: a cover letter, certified copies of relevant qualifications and detailed Curriculum Vitae with three traceable referees to the following address;
The University Registrar,
Exploits University,
P.O. Box 31507,
Lilongwe 3.
Email: recruit@exploitsmw.com
The closing date for applications is 19th August, 2022. Only shortlisted candidates will be contacted. Late applications will not be