Job Objectives:
Responsible for computing, classifying and recording numerical data to keep financial records complete.
Responsible for all inventory transactions, analyzing inventory reports and monitoring, reconciles all inventory variances
Key Responsibilities:
Cash/Treasury management
Responsible for relationship management with the bank at assigned location
Drive timely and complete/accurate evacuation of sales proceed by the designated bank representative
Ensure full/correct processing of all banking related transactions internally ( with HQ) and externally (with the bank)
Responsible for Cash Management -Disbursement and Reporting to HQ in line with company policies and procedures
Inventory Management – Stock balancing and Accountability
Provides management with monthly inventory control statements, and reconciles on- system stock values to physical inventories.
Responsible for the receipts and disbursement of required stock in the Bakery
Compiles and maintains records of quantity, type, and value of supplies stocked in the bakery.
Work in conjunction with the Bakery manager to forecast business stock requirements and reorder levels per month.
In collaboration with supply chain, manage the damaged, defective products return process.
Book keeping
Analyze revenue and expenditure trend and ensure expenditure control
Records and prepares financial statements and analyzes cost variances, or differences between budget and actual cost
Responsible for financial records/information update and proper maintenance of accounting records.
Monitor and supervise cashiering activities and records to ensure prompt reporting of daily sales transactions.
Fixed Asset Management
Responsible for periodic fixed assets physical verification in the Store and report on addition, transfer, stolen and damaged assets.
Financial Reporting
Responsible for assuring accurate and timely reporting of all financial transactions of the Bakery: including but not limited to:
Daily turnover report to HQ
Trading Account and monthly consolidated account showing the bakery’s weekly and monthly Gross Profit Report to HQ
Timely reports on the expenditures and forecasts of cost to HQ
Accounting discrepancies resolution and reporting.
Operations Support
Assist in ensuring the efficiency of the operations of the shop where functioning
Supports the Bakery Manager in the preparation of financial data required for forecasting and/or planning.
Provide business analysis and intelligence on operations trends in the shop where functioning
Monitor regularly sales trends in the shops and provide required data and information for operators to effectively manage business
Key Performance Indicators:
Profitability/Turnover
Required Gross profit margin achievement
Budget versus actual Revenue Margin
Reconciliation
Timeliness of Weekly Cash and Monthly Bank Reconciliations
Timeliness of cash deposits with the bank
Revenue /Expenses Ratio
Cost of sales and transport cost as a % of imprest expenses
Compliance
Number of times teller is submitted late at head office
Number of errors noted on key documentations
Overall Internal Audit Compliance Score
Inventory
The ratio of accurate data on the system to physical inventory (i.e.it should be 1:1)
Skills, Competencies and Requirements:
Functional Competencies/Requirements:
High Proficiency in Accounting
Experience of Monthly Management Reporting
Good Presentation Skill
An Analytical, Logical Thinking
Accurate with figures
Team building and team management
General Management/Requirements:
Strong Analytical skills
High level of attention to details
Good Oral and written Communication skills
Strong Problem Solving Skills
Ability to plan, schedule and coordinate effectively
Confidence and friendly disposition
Reliable and dedicated
Escalate issues when necessary
Educational Qualifications/Experience:
Minimum of Higher National Diploma/university degree
Requires minimum of 5 years of financial and administrative experience in food manufacturing industry 3).
Desired Personal Attributes:
Integrity
Proactive self-starter
Empathetic and enthusiastic towards organizational goals
Logical Mind
Confidentiality
Highly organized and significant ability to multi-task effectively
Ability to cope with and work under pressure
Collaborative management style, however decisive as well
Applicants should send CVs to jos@fadacresources.com
Apply via :
jos@fadacresources.com
