summary of responsibilities:
the accounts manager plays a pivotal in ensuring the smooth operation of financial transactions and the maintenance of financial records. key roles and responsibilities of an accounts manager in a public financial management system (pfms) may include overseeing and managing transactions, maintaining receipts on the non-tax receipt portal, generating mis reports through the pfms network, generating expenditure and budget dashboards for senior management.
key responsibilities:
• oversee and manage the general accounting functions, including, but not limited to: accounts payable, accounts receivable, general ledger, and taxes.
• maintaining expenditure advance tracker (eat) on all program-related activities.
• progressing from the current system of booking fund releases as ‘expenditure’ to a system of booking fund releases as “transfers”.
• monitoring and providing insights on spending patterns, budget utilization, and other financial metrics.
• involved in preparing and maintaining budgets, ensuring that funds are allocated appropriately, and tracking expenditures against the budget.
• risk management monitoring for errors, and other risks that could impact the smooth financial transaction.
• major role in system maintenance of the pfms and improvement and suggestions for increased efficiency.
• manage day-to-day accounting operations and ensure that there is a redundant process backup in place for every critical operation.
• create new internal accounting corporate policies and maintain existing policies
• manages the accounting staff who are responsible for financial reporting, and budget preparation.
• coordinates training programs for new staff and identifies training needs for current staff.
• establishes internal controls and guidelines for accounting transactions and budget preparation.
• oversees the production of periodic financial reports; ensures that the reported results comply with generally accepted accounting principles.