Group Finance Associate job at UpEnergy | Apply Now

1. Governance and Internal Control 

Enterprise Risk Management (ERM) 

• Develop a comprehensive Enterprise Risk Management Framework for the group to identify, assess, and manage risks.

• Lead the internal audit function, ensuring that internal audit services are provided effectively across the group.

Standard Operating Procedures (SOPs) 

• Develop and ensure adherence to SOPs, policies, and controls to standardize processes across the group.

• Recommend and implement improvements to systems, policies, processes, and controls.

2. Management of financial accounting processes at the group 

• Customer invoices management

• Ensure that all customer invoices are accurately generated and sent out promptly.

• Ensure that these invoices are recorded in the accounting system.

• Ensure payments are tracked and received as per the company’s policy.

Payment management 

• Ensure that all invoices issued to group companies are paid on time and recorded correctly in the accounting system

Bank and credit card reconciliation 

• Monthly Reconciliation: Ensure that bank and credit card statements are reconciled with the accounting system every month.

Fixed assets reconciliation 

• Ensure the reconciliation of fixed assets is completed monthly.

• Ensure that depreciation entries are accurately recorded.

Loans reconciliation 

• Ensure that loans are reconciled each month.

• Record the appropriate journal entries for these loans.

Monthly closure of financial reports 

• General Ledger Reconciliation: Maintain a file for monthly general ledger reconciliations with all supporting documents.

• Ensure these reconciliations are reviewed by the group financial accountant and Group Financial Director.

• Ensure that after the review, the books are closed in the accounting system to maintain the integrity of financial transactions and reports.