Intern Assistant Accountant job at Update Innovations Group Limited

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Vacancy title:
Intern Assistant Accountant

[ Type: FULL TIME , Industry: Trade , Category: Accounting & Finance ]

Jobs at:

Update Innovations Group Limited

Deadline of this Job:
31 May 2023  

Duty Station:
Within Zambia , Lusaka , South - Central Africa

Date Posted: Wednesday, May 24, 2023 , Base Salary: Not Disclosed

Update Innovations Group Limited (UIGL) is an established enterprise specialized in providing goods and services in Zambia.
We are currently seeking the services of an Intern Assistant Accountant in our accounts and admin section, as an Intern Assistant Accountant you will play a crucial role in assisting the Business Development Manager in maintaining accurate financial records and ensuring the smooth operation of financial processes, Procurement and stores. You will be responsible for a variety of tasks related to financial management and administration. The following duties and responsibilities are typically associated with the role of an Intern Accounts Assistant:
• Financial Record Keeping: Maintain and update financial records, including accounts payable, accounts receivable, general ledger entries, and bank reconciliations. Ensure accuracy and completeness of all financial transactions.
• Invoice Processing: Process invoices, verify supporting documents, and allocate expenses to appropriate accounts. Monitor and reconcile outstanding accounts payable balances.
• Expense Management: Review and process expense claims, ensuring compliance with policies and procedures. Prepare expense reports and analyze expenditure patterns.
• Petty Cash Management: Maintain and reconcile petty cash funds, ensuring proper documentation and adherence to expenditure limits. Replenish petty cash as needed.
• Financial Reporting: Assist in the preparation of financial reports, including monthly, quarterly, and annual statements. Generate financial analysis reports as requested.
• Budget Monitoring: Support the Finance and Administration Manager in monitoring budgetary performance by tracking expenditures, identifying variances, and highlighting potential issues.
• Payroll Assistance: Collaborate with the HR department to ensure accurate and timely processing of payroll. Maintain employee records, including leave balances and deductions.
• Auditing and Compliance: Assist with internal and external audits by providing necessary documentation, explanations, and support. Ensure compliance with financial regulations and policies.
• Data Entry and Bookkeeping: Enter financial data into accounting software systems and maintain accurate records. Reconcile financial discrepancies and resolve any issues or errors.
• Administrative Support: Provide general administrative support to the Finance and Administration Manager, such as organizing files, responding to inquiries, and assisting with ad-hoc tasks.

Qualifications and Skills:
• A Dilploma in accounting, finance, or a related field is preferred. Diploma in accounting or ZICA Licentiate level with 2 years experience
• Previous experience in an accounting or finance role is highly desirable.
• Proficiency in accounting software and MS Office (especially Excel) is essential.
• Strong attention to detail and accuracy in financial record keeping.
• Knowledge of accounting principles, practices, and regulations.
• Excellent organizational and time management skills.
• Ability to work effectively both independently and as part of a team.
• Strong verbal and written communication skills.
• Discretion and confidentiality when handling sensitive financial information.
• Must be a paid up member of ZICA.

Work Hours: 8

Experience in Months: 24

Level of Education:
Associate Degree

Job application procedure

If you are enthusiastic about joining our team kindly apply and email credentials to [email protected]

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