Senior Accounts Officer - Management Accounts/Finalization/RTR

Role & responsibilities

Prepayments

• Amortize prepaid expenses over the relevant service period for both new and existing invoices by recording appropriate journal entries.
• Update the prepayment schedule in MACs to reflect newly recorded entries for the month.

Accruals

• Reverse prior accruals once they are closed, rejected, or matched with received invoices.
• Record new accruals based on pending invoice bookings from purchase orders for the current month.
• Update the accruals schedule accordingly.

Journal Entries

• Process all month-end journal entries including:
• Landlord payments
• Inter-site and intercompany recharges within group entities
• Rental revenue
• Payroll
• Other miscellaneous journal entries

Ledger Review

• Scrutinize the nominal ledger to ensure accurate transaction recording for the month.
• Verify:
• No duplicate expenses are recorded
• Prepayments are correctly released
• Accruals are properly recorded and reversed in subsequent periods
• No expenses are omitted

Reporting & Reconciliation

• Roll forward the Management Accounts template.
• Run Trial Balances for:
• Current month
• Year-to-date
• Up to the previous year-end
• Generate the Nominal Activity Report (CSV format) for site-level review.
• Prepare monthly Balance Sheets for clients, ensuring no unreconciled items remain.
• Resolve any unusual balances or issues.

Audit & Intercompany Settlements

• Prepare documentation and files to address audit queries from client auditors.
• Settle intercompany balances by preparing Fund Transfer Statements.

Accounts Payable & Receivable

• Record supplier invoices.
• Process supplier payments.
• Perform bank reconciliations.
• Allocate receipts and handle refund processing.

Preferred candidate profile

Good communications skills (verbal & written)

Excellent MS Excel Skills

Excellent Analytical skills

Excellent Accounting knowledge

Minimum experience of 3-5 years into Month end/RTR/Management Accounts