Accountant

Responsibilities:

Accounting and Financial Management:

• Prepare and analyze accurate financial statements, including balance sheets, income statements, and cash flow statements.
• Manage all aspects of the accounting cycle, including accounts payable, accounts receivable, general ledger, and bank reconciliations.
• Develop and manage the company’s weekly operating budget, collaborating with other department heads.
• Implement and maintain internal controls across the supply chain (store to sales) to prevent theft and pilfering, and ensure financial integrity.
• Oversee inventory management, ordering, and cost control processes to minimize waste and maximize profitability.
• Conduct financial analysis to identify trends, opportunities, and areas for improvement.
• Ensure compliance with all applicable accounting standards, regulatory requirements, and tax laws.
• Oversee external audits and ensure all financial records are accurate and compliant.

Cash & Operations Management:

• Directly or indirectly supervise cashier staff, ensuring proper training, adherence to company policies, and excellent customer service.
• Manage the POS system, including menu updates, pricing changes, and troubleshooting technical issues.
• Oversee the daily reconciliation of sales transactions and cash receipts to ensure accuracy, and resolve overages and shortages to completeness.

Vendor Management:

• Establish and maintain strong relationships with key vendors, negotiating favorable terms and ensuring a reliable supply of goods and services.
• Implement and maintain inventory management systems to minimize waste and maximize profitability.
• Manage supplier invoices, ensuring accuracy and timely payment.

Team Leadership & Development:

• Lead and motivate the accounting and cashier teams to achieve performance goals, fostering a collaborative and accountable team.
• Set clear expectations, provide regular feedback, and conduct performance reviews to develop team members.
• Develop and implement training programs to enhance employee skills and knowledge.

Requirements:

• Minimum of 5 years of experience
• Minimum of a BSc.

Key Performance Indicators (KPIs):

• Accuracy of Financial Statements: Ensure accuracy and completeness of financial statements prepared.
• Cash Handling Efficiency: Manage cash handling procedures to ensure efficient disbursements and minimize cash shortages.
• Budget Variance: Monitor variance between budgeted and actual spending.
• Cashier Performance: Monitor cashier performance and ensure they are well-trained
• Inventory Management: Measure inventory turnover, track and minimize the amount of inventory lost due to theft, spoilage, or other factors.
• Compliance with Audit Standards: Ensure that all stores comply with audit requirements and internal cash handling policies.