eMASCO

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Major Group

Professionals

Sub-Major Group

Business and Administration Professionals

Minor Group

241

Finance Professionals

Unit Group

2413

Financial Analysts

Minor Unit Group

MASCO Code

2413-03

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Accounting Analyst

TVET

TVET scope is based on recognized occupational standards, with emphasis on practical components, psychomotor skills and exposure to training in the industry

Accounting Analyst is responsible for preparing, reviewing, and evaluating financial statements, managing reporting cycles, and analysing variances to support business decisions. They oversee accounts payable processes, ensure timely and accurate payments, maintain financial records, and contribute to budgeting, forecasting, and process improvements while ensuring compliance with accounting standards and regulatory requirements.

Tasks

Process and validate vendor invoices, match them with purchase orders and delivery receipts, and reconcile accounts payable transactions, resolving discrepancies with vendors and internal teams.

Manage month-end closing activities to ensure accurate, complete, and timely financial records.

Prepare and analyse budgets, forecasts, and variance reports to support business decisions.

Support internal and external audit processes by preparing records and responding to audit requirements.

Assist in preparing financial models, presentations, and reports for stakeholders.

Perform financial analysis to support payments and cash flow planning.

Maintain accurate accounting records and ensure compliance with internal policies, accounting standards, and financial regulations.

Skills

Basic

Ability to apply mathematics and critical thinking in financial analysis and meet deadlines under pressure.

Attention to detail and accuracy in financial tasks.

Effective communication and interpersonal skills, including active listening.

Proficiency in Microsoft Excel and other relevant office tools.

Strong analytical and problem-solving skills.

Specific

Ability to analyse financial and operational data, including variance analysis, to support planning and decision-making.

Competency in budget preparation and financial forecasting.

Competency in financial reporting to support business planning and reporting cycles.

Knowledge of corporate accounting and accounting documentation practices.

Knowledge of Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS), and local statutory requirements.

Knowledge of payment processes, accounts payable procedures, and cash flow planning.

Proficiency in accounting software.

Proficiency in financial modelling and interpretation of financial reports.

Additional Info

QUALIFICATION

Bachelor’s degree or equivalent

Related Courses

Claimable Course

e-Latih Online Course

Minor Unit Group

Risk Management Officer

2413-03

Accounting Analyst

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