COMPANY ACCOUNTANT

We are seeking a responsible, detail-oriented and experienced Company Accountant to manage the company's accounting and financial operations.

The successful candidate will be responsible for maintaining accurate financial records, preparing financial reports, managing cash flow, overseeing accounts payable and receivable, ensuring tax and statutory compliance, and supporting management in financial planning and business decision-making.

Key Responsibilities

1. Financial Accounting & Reporting

• Manage the full set of company accounts and ensure accurate financial records.
• Prepare monthly, quarterly and annual financial statements.
• Perform monthly closing, bank reconciliations and general ledger reconciliations.
• Prepare profit and loss statements, balance sheets and cash flow reports.
• Ensure all accounting transactions are properly recorded and documented.
• Monitor financial performance and highlight significant variances to management.

2. Accounts Payable & Receivable

• Oversee accounts payable and accounts receivable activities.
• Process supplier invoices, payment vouchers and customer receipts.
• Monitor customer outstanding balances and follow up on overdue payments.
• Ensure timely payments to suppliers and proper cash management.
• Reconcile supplier and customer accounts.
• Monitor customer credit limits and payment terms.

3. Cash Flow & Financial Management

• Monitor daily cash flow and bank balances.
• Prepare cash flow forecasts and financial projections.
• Manage working capital and ensure sufficient funds for business operations.
• Monitor operating expenses and identify opportunities for cost savings.
• Assist management in budgeting and financial planning.

4. Inventory & Cost Accounting

• Monitor inventory valuation and stock movement.
• Reconcile inventory records with warehouse stock reports.
• Monitor product costs, gross profit margins and cost of goods sold.
• Analyse food product costs, wastage and stock variances.
• Work closely with purchasing, warehouse and operations teams to ensure accurate inventory accounting.
• Assist in implementing effective inventory and cost control procedures.

5. Tax & Statutory Compliance

• Ensure compliance with applicable accounting standards, tax regulations and statutory requirements.
• Prepare GST returns and ensure timely submission where applicable.
• Coordinate corporate income tax computations and filings with external tax agents.
• Liaise with auditors, tax agents, banks and relevant authorities.
• Ensure proper maintenance of accounting records and supporting documents.
• Assist in annual financial audits and statutory reporting.

6. Budgeting & Financial Analysis

• Prepare annual budgets and financial forecasts.
• Analyse actual financial performance against budgets.
• Identify cost variances and recommend corrective actions.
• Monitor departmental expenses and operating costs.
• Provide financial insights and recommendations to support management decisions.

7. Internal Controls & Accounting Systems

• Maintain proper accounting procedures and internal financial controls.
• Review payment processes and financial documentation.
• Ensure accuracy and completeness of accounting records.
• Improve accounting workflows and financial reporting efficiency.
• Maintain and update accounting software and financial databases.