Accounting Manager for Ela Enterprises Ltd, Papua New Guinea

The position of Accounts Manager is a senior position and would require long working hours. The Accounts Manager would report directly to the Directors and CEO and would be responsible for day to day operations of the Finance Department. 

You will be responsible for performing the following tasks to the highest standards.
1. Establish tables of accounts and assign entries to proper accounts.
To ensure documentation of all transactions in a systematic and accurate method. The whole accounts team has to be guided to ensure consistency and high level of accuracy of all data that is being recorded.
2. To design and implement the Standard Operating procedures in the accounts department to ensure high level of accuracy, cost control and effective use of all resources.
3. Performance of regular internal audits. Review, Re-structure current accounting system & procedure for better efficiency and stronger controls.
4. To ensure the posting of all sales transactions into the accounts receivable ledger and reconcile the accounts receivables on a periodic basis and take the balance confirmation from third parties. To follow up Debtors outstanding on a regular basis, to have proper credit control systems.
5. To ensure the postings of all vendor related transactions to accounts payables ledger and reconcile the accounts payables on a periodic basis and take the balance confirmations from the parties.
6. Attending to payroll duties and responsibilities..
7. It will be the duties and responsibilities of the accounts manager to ensure the Members and Company Nasfunds contributions and any other superannuation contributions are paid up on timely basis.
8. Accounts manager will have the responsibility to ensure that the employees (in particular the general employees) are paid their fortnightly wages and salaries in an orderly and timely manner.
9. Accounts manager will have the responsibility to ensure that the employees (in particular the general employees) are paid their fortnightly wages and salaries in an orderly and timely manner.
10. The incumbent will be responsible to ensure that employees have their bank accounts being properly and correctly credited with their wages and salaries. Accounts Manager will maintain employment records in an orderly manner that will enable payment of leave, termination and long service entitlements as and when they fall due.
11. Check and input all manual sales invoices raised at the Head Office into the Quick Book System, checking the arithmetical accuracies, GST, customer order numbers, point of delivery and all other information that may be of relevance; Check and ensure that all credit notes issued are proper, specific to an invoice, with costs agreeing to invoice, properly authorized and all reasoning of such issuance are being genuine;
12. All above invoices have properly and timely delivered to the customer complete with delivery dockets being properly signed and received by the customer or his/her agent; All payments received for payment of credit invoices are properly receipted in the official receipt book, noting invoice numbers, invoice amounts, date of payment, cheque/cash details etc;
13. To ensure the assets of the company are properly documented and filed in the asset register with all relevant and accurate details.


14. Prepare Monthly bank reconciliation statements of all bank accounts.
15. Preparation and finalization of monthly accounts and costing and other MIS reports as per management requirements.
Preparation of costs sheets and comparisons with the actual on a monthly basis and other report variances as and when required.
16. Ensure the appropriate systems and internal controls are implemented and maintained.
17. Devising product cost management techniques for monitoring various overheads and achieving maximum cost control in factory operations.
18. Assisting all departments in evaluating, assessing and implementing cost reduction measures and programs.
19. You will also be responsible for formulating budgets and conducting variance analysis to determine difference between budgeted and actual expenditure and implementing corrective actions to make effective cost control.


20. Preparation of MIS reports to provide feedback to top management on official performance Viz. Fund Management, credit control, profitability etc.
21. Preparation of MIS reports as well as carrying out financial analysis etc as required for financial decision making.
22. Over and above this any other jobs assigned to you also has to be completed.


Recruiter Name:Jalu / Mansi
Email Address:jalu@elapng.com