Accountant Job Opportunity at Onfon Microfinance

Position Details

Organization: Onfon Microfinance

Position: Accountant

Number of positions: 1

Key Responsibilities

1. Asset Management

• Maintain an accurate and up-to-date fixed asset register.
• Record acquisitions, disposals, transfers, and depreciation of company assets.
• Conduct periodic physical verification of assets and reconcile any variances.
• Ensure assets are properly tagged and safeguarded.
• Prepare reports on asset movement and utilization.

2. Record Management

• Maintain organized financial records and supporting documentation.
• Ensure all accounting documents are properly filed and easily retrievable.
• Manage document retention in accordance with company policies and regulatory requirements.
• Support internal and external audits by providing the required documentation.

3. Payroll and Statutory Management

• Prepare and process monthly payroll accurately and on time.
• Ensure the correct computation of salaries, allowances, deductions, and employee benefits.
• Prepare and remit statutory deductions, including PAYE, NSSF, WCF, SDL, NHIF—or applicable statutory bodies—and other regulatory obligations within the prescribed deadlines.
• Reconcile payroll accounts and statutory balances every month.
• Respond to employee payroll-related queries.

4. Financial Record Keeping

• Record financial transactions accurately in the accounting system.
• Prepare journals, payment vouchers, receipts, and other accounting entries.
• Maintain general ledger accounts and ensure the completeness and accuracy of financial data.
• Assist with month-end and year-end closing processes.
• Support the preparation of financial reports and management accounts.

5. Supplier Account Reconciliation

• Reconcile supplier statements with company records regularly.
• Investigate and resolve discrepancies with suppliers promptly.
• Ensure supplier balances are accurate before payments are processed.
• Maintain proper documentation supporting supplier reconciliations.
• Liaise with the procurement and operations teams to resolve supplier-related issues.

Qualifications and Requirements

Bachelor’s degree in Accounting, Finance, or a related field.

CPA (T), ACCA, or an equivalent professional qualification is preferred.

• Maintain an accurate and up-to-date fixed asset register.
• Record acquisitions, disposals, transfers, and depreciation of company assets.
• Conduct periodic physical verification of assets and reconcile any variances.
• Ensure assets are properly tagged and safeguarded.
• Prepare reports on asset movement and utilization.
• Maintain organized financial records and supporting documentation.
• Ensure all accounting documents are properly filed and easily retrievable.
• Manage document retention in accordance with company policies and regulatory requirements.
• Support internal and external audits by providing the required documentation.
• Prepare and process monthly payroll accurately and on time.
• Ensure the correct computation of salaries, allowances, deductions, and employee benefits.
• Prepare and remit statutory deductions, including PAYE, NSSF, WCF, SDL, NHIF—or applicable statutory bodies—and other regulatory obligations within the prescribed deadlines.
• Reconcile payroll accounts and statutory balances every month.
• Respond to employee payroll-related queries.
• Record financial transactions accurately in the accounting system.
• Prepare journals, payment vouchers, receipts, and other accounting entries.
• Maintain general ledger accounts and ensure the completeness and accuracy of financial data.
• Assist with month-end and year-end closing processes.
• Support the preparation of financial reports and management accounts.
• Reconcile supplier statements with company records regularly.
• Investigate and resolve discrepancies with suppliers promptly.
• Ensure supplier balances are accurate before payments are processed.
• Maintain proper documentation supporting supplier reconciliations.
• Liaise with the procurement and operations teams to resolve supplier-related issues.

• Asset Management
• Record Management
• Payroll Processing
• Statutory Compliance
• Financial Record Keeping
• Supplier Account Reconciliation
• Audit Support
• Financial Reporting

• Bachelor’s degree in Accounting, Finance, or a related field.
• CPA (T), ACCA, or an equivalent professional qualification is preferred.