Kıdemli Muhasebe Uzmanı

Turkic Investment Fund

MAIN DUTIES AND RESPONSIBILITIES

1.     General Ledger Accounting, Closing, Reconciliations and Core Accounting Records

 Maintain the Fund’s general ledger and ensure accurate, timely, and complete recording of accounting transactions by applying knowledge of banking chart of accounts, IFI/MDB accounting practices, financial institution accounting, and IFRS-aligned account mapping to ensure proper classification and reporting of transactions.

Prepare and post accounting entries related to payments, receipts, accruals, prepayments, fixed assets, leases, provisions, payroll, bank charges, FX differences, treasury transactions, investment operations, and other operational expenses.

Support monthly, quarterly, and annual closing processes, including closing checklists, accounting schedules, reconciliations, and supporting documentation.

Ensure proper classification of accounts, cost centers, budget lines, project codes, financial instrument categories, and financial statement captions in accordance with the Fund’s chart of accounts and reporting requirements.

·       Perform bank-to-GL reconciliations and coordinate with Financial Operations to investigate and clear reconciling items, unidentified receipts, rejected payments, bank charges, and settlement differences.

·       Maintain fixed asset registers and support accounting for right-of-use assets and lease liabilities, including depreciation, interest expense, and lease payment reconciliations.

·       Prepare accruals, provisions, prepaid expense schedules, deferred income schedules, and other accounting estimates as required.

·       Maintain accounting records in a manner that ensures traceability, transparency, and a clear audit trai

2.     Payments, Treasury and Investment Operations Accounting

·       Record vendor invoices, staff reimbursements, travel expenses, corporate credit card transactions, procurement-related expenses, payroll-related expenses, and other payables in accordance with internal policies and approved budgets.

·       Verify supporting documents, approvals, budget availability, tax/diplomatic exemption treatment where applicable, and proper accounting classification before posting transactions.

·       Coordinate with Financial Operations on payment processing, settlement status, bank charges, FX rates, and payment confirmations.

·       Record treasury-related transactions, including deposits, repos, interest income, coupon income, FX differences, and related settlements based on supporting documentation from Treasury and Financial Operations.

·       Support accounting treatment of cash equivalents, investments, borrowings, financial assets, financial liabilities, and other financial instruments in accordance with IFRS and the Fund’s accounting policies.

·       Support accounting for investment operations relevant to MDB/IFI activities, including loan disbursements, repayments, interest income, commitment fees, front-end fees, guarantee fees, administrative fees, project-related charges, equity investments, funds, structured/hybrid instruments, and other investment-linked operations.

·       Coordinate with Investment, Financial Operations, Treasury, Risk, and Legal teams to ensure timely and accurate accounting of signed financing agreements, disbursement conditions, repayment schedules, project fees, waivers, amendments, cancellations, and other post-signing events.

3.     Audit, Compliance and Controls

·       Prepare supporting schedules for key financial statement areas, including cash and cash equivalents, financial assets, loans and advances, receivables, payables, accruals, fixed assets, leases, provisions, expenses, income, and investment-related balances.

·       Assist in preparing audit working papers, responding to external auditor queries, and providing supporting documentation during interim and year-end audits.

·       Ensure that accounting records and supporting documents meet internal policy requirements, IFRS principles, and external audit expectations.

·       Support the implementation of audit recommendations and corrective actions related to accounting processes, reconciliations, documentation, and controls.

·       Assist in preparing internal accounting memos, technical notes, accounting treatment assessments, and submissions for review.

·       Maintain version-controlled working papers and ensure proper retention of accounting documentation.

4.     Systems, Tools and Process Improvements

·       Contribute to the implementation, integration, and enhancement of ERP/accounting systems, including accounting workflows, approval routes, master data, posting rules, and system-based controls.

·       Support the design, mapping, testing, and maintenance of the Fund’s chart of accounts, including alignment with IFRS reporting, banking chart of accounts practices, investment operations, budget structures, cost centers, project codes, and management reporting needs.

·       Support automation of accounting processes, reconciliations, recurring journal entries, payment accounting, investment accounting, and closing procedures.

·       Document accounting processes, system interfaces, account mappings, chart of accounts logic, investment accounting flows, and standard operating procedures to support knowledge transfer and business continuity.

·       Identify opportunities to improve accounting efficiency, reduce manual interventions, strengthen controls, and mitigate operational and reporting risks.

·       Contribute to the development and update of accounting manuals, procedures, internal notes, control checklists, and accounting guidance.

EDUCATION AND PROFESSIONAL QUALIFICATIONS

·       Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or related field (required).

·       Relevant professional certifications such as ACCA/CPA (full or part-qualified) are an asset.

·       IFRS training, financial institution accounting courses, ERP/accounting system training, banking accounting/chart of accounts coursework, or investment accounting training is desirable.