KEY RESPONSIBILITIES

Financial Reporting and Analysis:

• Prepare monthly, quarterly, and annual financial statements.

• Analyze financial data and provide insights to management.

• Assist in the preparation of budgets and forecasts.

• Monitor and report on key financial performance indicators.

General Ledger Management:

• Maintain accurate and up-to-date general ledger accounts.

• Reconcile bank statements and other financial accounts.

• Process journal entries and ensure proper allocation of expenses.

Accounts Payable and Receivable:

• Oversee accounts payable and receivable processes.

• Ensure timely payment of invoices and collection of receivables.

• Resolve discrepancies and handle vendor/customer inquiries.

Cost Accounting:

• Track and analyze product costs.

• Assist in inventory valuation and cost of goods sold calculations.

• Provide cost analysis for various product lines and departments.

Compliance and Auditing

• Ensure compliance with relevant accounting standards and regulations.

• Assist in internal and external audit processes.

• Maintain organized financial records and documentation.

Taxation:

• Assist in the preparation of tax returns and reports.

• Stay updated on tax laws and regulations affecting the FMCG industry.

• Support tax planning initiatives.

Systems and Process Improvement

• Identify and implement process improvements in accounting procedures.

• Maintain and update accounting software and systems.

• Train and support other team members on accounting processes and tools.

 

Key Performance Indicators (KPIs):

• Accuracy and timeliness of financial reports.

• Reduction in days sales outstanding (DSO) for accounts receivable.

• Improved efficiency in month-end close process.

• Successful completion of audits with minimal adjustments.

• Achievement of cost-saving targets through process improvements.