Accounting Associate

Synopsis of the Role:

The Accounting Associate is responsible for providing accurate, timely, and compliant accounting and financial support to the organization. The role focuses on day-to-day accounting operations, including recording financial transactions, maintaining accounting records, supporting month-end and year-end closing activities, and assisting with financial reporting and audits. This position requires strong attention to detail, analytical skills, and adherence to accounting standards and internal controls.

The Accounting Associate plays a key role in ensuring financial accuracy, supporting sound decision-making, and maintaining compliance with company policies and regulatory requirements.

Essential Functions

General Accounting

Record and post daily financial transactions, including journal entries, invoices, and receipts.

Maintain accurate and up-to-date accounting records and supporting schedules.

Assist in month-end and year-end closing activities, including reconciliations and adjusting

entries.

Ensure proper classification of expenses, revenues, assets, and liabilities in accordance with

accounting policies.

Accounts Payable & Receivable Support

Assist in processing vendor invoices, expense reimbursements, and payment requests.

Verify completeness and accuracy of supporting documents prior to payment processing.

Monitor outstanding receivables and support billing and collection follow-ups as needed.

Maintain subsidiary ledgers for payables and receivables.

Reconciliations & Reporting

Prepare bank, cash, and account reconciliations on a regular basis.

Assist in the preparation of financial reports, schedules, and summaries for management

review.

Identify, investigate, and report discrepancies or unusual transactions to the supervisor.

Compliance & Documentation

Ensure compliance with internal accounting policies, procedures, and internal controls. Maintain proper filing and documentation of financial records for audit and reference

purposes.

Assist in preparing documents and schedules required for internal and external audits.

Support compliance with relevant tax, regulatory, and statutory requirements.

Coordination & Support

Coordinate with other departments regarding billing, expense documentation, and financial

inquiries.

Provide accounting support for organizational activities, projects, or events as required.

Perform other related accounting and finance tasks as may be assigned by the supervisor.

Qualifications:

Bachelor's degree in Accountancy, Accounting Technology, Finance, or a related field.

12 years of relevant accounting or finance experience

Basic knowledge of accounting principles, financial statements, and bookkeeping.

Experience using accounting software and MS Excel is an advantage.