Accountant
JobsBy Palabana University
PALABANA UNIVERSITY EMPLOYMENT OPPORTUNITIES The Council of Palabana University is inviting qualified and sufficiently motivated individuals to apply for the following positions in the University. JOB TITLE: ACCOUNTANT [1] JOB PURPOSE To manage and oversee the financial operations of Palabana University by ensuring accurate financial reporting, effective budget control, compliance with financial regulations, and efficient utilization of financial resources. Key Duties and Responsibilities 1. Financial Reporting • Prepare monthly, quarterly, and annual financial statements. • Produce management accounts to support decision-making. • Ensure accuracy and compliance with accounting standards and university policies. 2. Budgeting & Budgetary Control • Prepare and consolidate departmental budgets. • Monitor budget performance and analyse variances. • Provide recommendations to improve financial efficiency and control. 3. Financial Planning & Forecasting • Conduct financial analysis and forecasting to guide strategic planning. • Advise management on financial trends and risks. 4. Treasury & Cash Management • Manage cash flow to ensure availability of funds. • Oversee banking activities and reconciliations. • Ensure proper utilisation and safeguarding of funds. 5. Internal Controls & Compliance • Implement and monitor internal control systems. • Ensure compliance with university financial policies and statutory requirements. • Identify and mitigate financial risks. 6. Audit Support • Coordinate internal and external audits. • Respond to audit queries and implement recommendations. 7. Records Management • Maintain accurate financial records, ledgers, and supporting documentation. • Ensure proper filing and retrieval systems. 8. Supervision & Leadership • Supervise finance staff and ensure efficient workflow. • Provide guidance, mentorship, and performance monitoring. SKILLS AND COMPETENCIES • Strong analytical and problem-solving skills • High level of accuracy and attention