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Recruitment at Lesotho Electricity Company


Applications are invited from suitably qualified Lesotho Nationals for the above-mentioned position. The incumbent will be responsible to the General Manager Finance. The position is in Maseru, LEC Headquarters.

Projects Accountant

QUALIFICATIONS

Degree in Accounting/ General Accountant or equivalent.

 EXPERIENCE & OTHER REQUIREMENTS

5 years experience in projects accounting environment.
Good understanding of International Accounting Standards (IFRS).
Good understanding of reporting for externally funded projects.
Experience with computer based accounting packages preferably ACCPAC and MS Office packages
Excellent analytical and report writing skills.
Highly numerate.
Excellent interpersonal and leadership skills.

KEY PERFORMANCE AREAS

The incumbent will be responsible for performing the following;

Develops and implements projects accounting policies and procedures.
Prepares claim certificates for foreign component and submit to the Ministry of Finance for approval.
Prepares disbursement applications for approval and submit the approved to Financiers for payment.
Processes payment of local component of the projects.
Prepares orders and payments for operational expenditure.
Reports on the financial status and progress of the projects.
Maintains proper filing of project documents.
Handles all customs clearances for the office and the consultants/contractors
Participates in the evaluation of tenders relating to projects.
Updates the ACCPAC system with all financial transactions.
Prepares detailed schedules of completed projects and submit with supporting documentation to General Manager Finance for approval.
Submits the approved completed project schedules and supporting documents to Management Accounting Manager/ Assets Accountant for capitalisation.
Performs bank reconciliations for project bank accounts.
Prepares annual financial statements/ reports in compliance with International Financial Reporting Standards and Financier’s procedures.
Coordinates the external audit of the projects financial statements.

Interested candidates must submit their applications and CVs to the Human Resources Manager, P O Box 423, Maseru 100, or hand deliver at the Registry, LEC Head Office on or before 24-05-2017 at 12:00hrs. References should be made to EFD: FIN 0158 on all applications.

Only shortlisted candidates will be contacted.

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