Financial Accountant

WHAT YOU WILL DO Maintain the General Ledger (GL), ensure accurate recording of all financial transactions, review journal entries, accruals, and prepayments, perform month-end and year-end closing activities, and reconcile balance sheet accounts. Prepare monthly, quarterly, and annual financial statements, ensure compliance with Sri Lanka Accounting Standards (SLFRS/LKAS), prepare management accounts and supporting schedules, and provide variance analysis against budgets and prior periods. Reconcile inventory records with physical stocks, maintain standard costs for finished and semi-finished goods, review material consumption, inventory valuation, and provisions for slow-moving or obsolete stocks, verify costing and inventory movements, monitor raw materials, work-in-progress (WIP), and finished goods balances, and support annual stock counts and cycle counts. Maintain the fixed asset register, capitalize qualifying expenditure, calculate and post depreciation, verify the physical existence of assets, and support asset disposals and write-offs. Prepare VAT returns, review income tax computations, manage APIT/PAYE and Withholding Tax (WHT), and ensure compliance with SSCL, ESC, and other relevant statutory requirements. Ensure compliance with the Companies Act No. 7 of 2007, the Inland Revenue Act, Exchange Control regulations, and other applicable statutory requirements. Coordinate annual external and internal audits and prepare schedules requested by auditors. Assist the Finance Controller with annual budgets and Latest Estimates (LEs), analyze actual performance against budgets, and provide supporting financial data to management. Process landed costs for imported raw and packing materials and maintain standard costs for finished and semi-finished goods. OUR PERFECT CANDIDATE Completion of the Corporate Level qualification of CA Sri Lanka, Management Level of CIMA or Applied Skills (Professional Core) Level in ACCA. Bachelor’s Degree in Finance, Accounting or an equivalent discipline from a recognized university will be added advantage. Minimum 5 years of relevant experience of financial accounting functions in a manufacturing organization. Hands-on experience in SAP B1 with proficiency in MS Excel and other relevant financial applications. Strong knowledge of accounting standards, statutory requirements, taxation principles and applicable regulatory requirements. Strong analytical, communication and interpersonal skills, with a high level of accuracy, attention to detail and ability to meet reporting deadlines.