Type: 
Paid
Closing date: 
17 Nov 2025
Section: 
Mahe

SALARY BAND: SG6

RESPONSIBLE TO: Chief Finance Officer 

HOURS OF WORK: 40 hours per week (expected to work overtime)

LOCATION: Head Office

DUTIES AND RESPONSIBILITIES

The Finance Associate will be responsible for applying knowledge of accounting terminology and using spreadsheets and/or automated accounting systems to discharge accounting duties and responsibilities.

Purchase and Payable Management

  • Ensuring proper classification of inventory or operational expenses.
  • Ensuring adherence to agreed-upon procurement terms.
  • Record prepayments in the respective codes
  • Addressing vendor queries regarding payments or pending invoices.

Inventory Management

  • Creation/Approving of the inventory codes
  • Oversee accuracy of entering purchases to the system
  • Maintaining accurate records of inventory purchases, movements, and adjustments
  • Conducting periodic stock counts and reconciling discrepancies with recorded data.
  • Ensuring inventory data in the accounting system matches physical stock.
  • Investigating and resolving discrepancies between physical stock and system records.
  • Tracking inventory purchases and ensuring receipt is accurately recorded.
  • Matching purchase orders with goods received and supplier invoices.
  • Tracking inventory costs, including purchase price, transportation, and storage expenses.
  • Recording adjustments for stock write-offs, damages, shrinkage, or obsolete inventory.
  • Prepare Monthly stock related reports
  • Attend to year end stock take at VdM, FF and head Office

Salary and Payroll Management

  • Calculating gross pay, deductions (taxes, benefits, loans, etc.), and net pay for employees.
  • Accounting for overtime, bonuses, commissions, or other variable pay components
  • Generating payroll runs and issuing pay slips to employees.
  • Ensuring timely salary disbursements via bank transfers or checks
  • Prepare salary input form for payroll
  • Process payroll on the HRS system
  • Reconciling payroll accounts with bank statements and general ledger entries.
  • Preparing payroll-related reports for management, auditors, or regulatory bodies.
  • Approve Payroll Reconciliation
  • Allocating payroll costs to appropriate departments or cost centers.

Fixed Asset management

  • Recording newly acquired assets in the fixed asset register with accurate details (e.g., description, cost, purchase date).
  • Ensuring proper classification of assets (e.g., machinery, vehicles, buildings, etc.).
  • Allocating acquisition costs, including purchase price, transportation, installation, and initial setup costs.
  • Assigning unique identification tags or codes to each asset for easy tracking.
  • Maintaining a system to link physical assets to their records in the fixed asset register. Recording disposals, sales, or write-offs of assets, including gains or losses on disposal.
  • Removing disposed assets from the register and updating related accounting records.
  • Keeping an up-to-date fixed asset register with details such as asset type, location, cost, and status.
  • Periodically verifying the accuracy of the register against physical assets.
  • Review FAR
  • Recording the transfer of assets between locations, departments, or cost centers.
  • Updating the fixed asset register to reflect these changes.
  • Ensuring fixed asset management complies with accounting standards (e.g., IAS 16, ASC 360).
  • Preparing asset-related disclosures for financial statements.
  • Conducting regular physical audits of fixed assets to verify existence and condition.

 

General Ledger Management

Perform postings for the following bank accounts:

  • 10300 Barclays (SCR) Expenses
  • 10900 Nouvobanq (EUR)
  • 11002 Nouvobanq (SCR)

 

Perform bank reconciliation of the following codes:            

  • 11000 EC Nouvobanq (SCR))
  • 10800 Nouvobanq (SCR)

Additional duties

  • Update monthly coco de Mer sales
  • Perform cash count for review by Assistant Accountant
  • Attend to any other duties as may be assigned by the CFO /Senior Accountant/Assistant Accountant/CEO

 

QUALIFICATION AND REQUIREMENT FOR THE POST

Diploma in Business Studies or Diploma in Public Financial Management plus AAT Level 4 or completion of F1 to F3 plus Foundation in Professional modules with at least three years working experience

 

 

SKILLS AND ATTRIBUTES

Accounts Technicians are required to have a logical mind and an ability to work well with numbers. Other skills needed for the job include:

  • Good verbal and written communication skills
  • Excellent attention to detail
  • The ability to maintain clear and accurate financial records
  • Computer literate with ability to use various specialist applications and software (POS/Sage/HRS)
  • Reasonable excel/access/word processing skills
  • A genuine interest in business and finance
  • Good administrative skills
  • An organized and methodical approach to working
  • The ability to concentrate on multi-tasks for long periods of time
  • The ability to work independently and as part of a team
  • A polite cheerful attitude, particularly when meeting clients
  • An honest and discreet attitude when dealing with company accounts
  • A willingness to undertake professional development
  • The ability to work on deadline and under pressure
  • The ability to balance a number of conflicting demands
  • The ability to learn quickly and adapt to (often complex) in-house systems
  • Fluent in Creole and English

Apply now with an application form (which can be downloaded from our website, or collected at Mont Fleuri or Vallée de Mai Visitor Centre), your C.V. & a cover letter sent to recruitment@sif.sc. Kindly note deadline for application is Monday 17th November 2025.