Assistant Manager Corporate Accounting
Mobilink (A part of Vimpelcom)
Total years of experience :6 years, 3 Months
Current responsibilities include;
• Preparation of monthly management accounts, including consolidation of subsidiaries, in compliance with IFRS and applicable corporate laws;
• Advising accounting treatment of complex transactions using IFRSs and related guidance provided by group accounting manual (e.g. Mergers and Acquisitions, Investments, Asset Retirement Obligation);
• Monthly variance analysis of Income Statement and Statement of Financial Position including comparisons with forecasts as a part of monthly closing.
• Updating senior management with IFRS changes and their impact on financials;
• Monthly reporting of accruals to highest management level including supervision of all capex/opex accruals including surplus identification and its reversal;
• Ensuring compliance of financial statements closing procedures;; and
• Working on accounting quality projects assigned time to time
The experience with PwC involved;
• Assisting senior manager/partner in preparation of engagement proposals including explanation of firm's competences, agreeing the scope of engagement and related fees based on time cost estimates;
• Planning an engagement including understanding the business and its regulatory environment, determination of applicable financial reporting framework, understanding the control environment, preliminary financial analysis and agreeing the internal engagement timeline;
• Considering all five components of internal control based on COSO framework, their evaluation and validation;
• Reviewing periodical budgets for due approval and amendments, comparing actual results with those budgeted and accepting logical variance explanations;
• Assigning work to subordinate staff, their supervision and review e.g. vouching and verification of bank/cash payment/receipt vouchers and journal vouchers, work performed on accounts receivables/ payables etc.;
• Verifying compliance of applicable corporate/ tax laws and highlighting non compliances;
• Assisting the management in preparation of financial statements in accordance with the applicable financial reporting framework; and • Preparation of final deliverables including board letter, audit/ assurance report and recommendation oriented internal control report.
Accounting, Auditing and Company Laws