Job Description
Financial Accounting and Reporting:
• Prepare and maintain accurate financial statements in compliance with accounting standards.
• Conduct month-end and year-end closing processes.
• Generate financial reports, including profit and loss statements, balance sheets, and cash flow statements.
Inventory Management:
• Oversee and manage inventory accounting processes, ensuring accurate recording of stock levels, costs, and valuations.
• Implement and monitor inventory control procedures to minimize wastage and discrepancies.
• Conduct regular inventory audits and reconcile discrepancies promptly.
Cost Control and Budgeting:
• Develop and maintain budgets, forecasts, and financial plans.
• Analyze variances between actual and budgeted figures, providing insights and recommendations for cost-saving measures.
• Monitor and control operating expenses across all locations to ensure financial efficiency.
Compliance and Taxation:
• Ensure compliance with all relevant financial regulations, accounting standards, and tax laws.
• Prepare and submit tax returns and other statutory filings accurately and on time.
• Liaise with external auditors and tax authorities as required.
Financial Analysis and Strategy:
• Provide financial analysis and insights to support strategic decision-making.
• Identify opportunities for financial improvement and efficiency across the business.
• Assist in financial planning, risk management, and business growth strategies.
Team Leadership and Development:
• Lead and mentor a team of accounting professionals, fostering a culture of continuous improvement.
• Provide training and support to staff on accounting best practices and financial systems.
Qualifications:
• Chartered Accountant CA certification is mandatory.
• Bachelor's degree in Accounting, Finance, or a related field.
• Minimum of 5 years of experience in accounting, with a focus on inventory management, preferably in the food and beverage industry.
• Strong knowledge of accounting principles, financial regulations, and inventory management systems.
• Proficiency in accounting software e.g., QuickBooks, Zoho and Microsoft Office Suite especially Excel.
• Excellent analytical, organizational, and problem-solving skills.
• Strong communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.
Preferred Attributes:
• Experience working in a multi-location retail or food service environment.
• Familiarity with ERP systems and inventory management software.
• Demonstrated ability to implement process improvements and cost control measures.
What We Offer:
• Competitive salary and benefits package.
• Opportunities for professional development and career advancement.
• A supportive and collaborative work environment.