Accountant – Bank & AP

JOB DESCRIPTION

At Network International, every second counts. As a leader in the fast-paced world of financial services, we thrive on innovation, agility, and the relentless pursuit of excellence. We recognize industry trends, the dual nature of technological advancements, and the scarcity of top talent. This is why we prioritize investing in our people.

Here, you’ll work alongside industry experts to solve complex problems and leverage cutting-edge technology to stay ahead of the competition. We offer a culture where your skills are valued, your growth is prioritized, and your achievements are recognized—because winning isn’t just our goal; it’s our standard. Accountant, Bank & AP.

About The Role

The Accountant will be in charge of the process that compares transactions recorded using internal record-keeping for financial accounts against transaction statements from external sources (Banks/MNO’s etc.) while accurately capturing the associated costs in line with IFRS.

Responsibilities

Key Responsibilities:

Bank Reconciliation

• Completing daily, weekly and monthly reconciliations, along with research and follow through of unreconciled items in collaboration with fin ops, for assigned accounts.
• Analyzing and recording all appropriate debit & credit adjustments/journals including for chargebacks and refunds.
• Support the Treasury Manager with information regarding all relevant financial and operating issues.
• Continuously establish and document procedures for compliance and efficiency to quickly reduce/eliminate outstanding items and time spent reconciling.
• Prepare accurate, timely and complete journal information for the recording of reconciling entries to the appropriate accounts.
• Responsible for the identification, accounting and reporting of information related to the reconciliations performed.
• Devote proper attention to analyzing and resolving variances in Merchant Receivables for assigned countries.
• Provide required documentation and maintain appropriate source documents and other related records in support of the reconciliation figures uploaded on the ERP.

Liquidity And Funding Management

• Lead in negotiation of competitive forex rates for conversion.
• Highlight ways of investing surplus cash while making sure our obligations are met.
• Timely reporting of cash position reports and submitting them to relevant parties by specified deadlines.

Administration

• Maintaining Bank Mandates .
• Assisting with statutory and compliance audits as needed.
• Generating necessary bank letters and correspondence, ensuring they are authorized and signed appropriately.

Revenue & Cost Of Sales Performance Reporting And Analysis

• Review bank service charges i.e. clearing and bank transfer fees and accounting for them according to IFRS.
• Proactively monitor Dynamic Currency Conversion (DCC) transactions + other innovations and account for them according to IFRS.
• Support the Treasury Manager in producing Cost of Sales figures and Gross Profit analysis per country/product while ensuring strict adherence to IFRS.
• Ensure correct booking of costs/balance sheet items & between periods for all assigned Subsidiaries in NetSuite.
• Monthly recording of gateway transactions and recharge invoices in NetSuite.
• Management collection of accounts receivable generated by gateway transactions and reporting any challenges foreseen in collection to the managers.

Qualifications

Completing additional tasks assigned by the line manager.

Education

• Degree in Finance/Certified Public Accountant qualification or any other relevant qualification in Finance field

Language

• Good English language working knowledge, speaking and writing

Experience Type

• Experience in process simplification and improvements.
• Demonstrated ability to seek out relevant information from others (i.e co-workers, other employees in the Field, banks, etc.)
• Significant understanding of bank statement activity (e.g. deposits, checks, charges, in-transit items).
• Significant experience and knowledge in general accounting (debits vs. credits) and demonstrated ability to verify correctness & completeness of information

Job Specific Skills

• Strong analytical skills.
• Excel modelling skills and attention to detail (accounting accuracy, and identifying errors).
• Creative and innovative.
• Qualified accountant or equivalent with a business degree or its equivalent.
• Ability to work collaboratively with other key stakeholders.
• Ability to work fluidly with big data & across systems