Outlet Reconciliation: Daily auditing and reconciliation of sales, cash, card, and mobile financial service (MFS) transactions across all 8 retail outlets.
Factory & Inventory Accounting: Tracking raw material costs, manufacturing expenses, factory payroll, and overheads. Managing inventory valuation and variance analysis.
Payroll Management: The accountant will likely handle payroll: Prepare and process payroll for factory and office employees.
Accounts Payable & Receivable: Processing vendor payments, verifying invoices against purchase orders, and managing collections.
Expense Management: Verifying and recording daily operational expenses for both the factory and outlets.
Banking & Cash Flow: Handling daily banking activities, bank reconciliations, and maintaining petty cash.
Reporting: Assisting the Finance Manager in preparing monthly profit and loss statements, balance sheets, and cash flow reports.
Compliance: Ensuring proper documentation for Tax and VAT compliance regarding retail sales and factory procurement.
The Accounts Officer will play a key role in establishing and strengthening the accounting and financial reporting systems of the company.