Job Role
- The Accountant is responsible for managing and supporting the company's day-to-day financial operations within the Fast-Moving Consumer Goods (FMCG) industry. The role involves maintaining accurate financial records, managing accounts payable and receivable, monitoring inventory-related transactions, preparing financial reports, and ensuring compliance with statutory and financial regulations.
- The ideal candidate should have strong accounting knowledge, excellent analytical skills, and experience handling high-volume transactions within a trading, retail, distribution, or FMCG environment.
PURPOSE OF THE ROLE
- Ensure accurate and timely recording of all financial transactions.
- Maintain proper financial records and support effective financial management.
- Monitor inventory-related costs, stock movements, and financial discrepancies.
- Support cash flow management and cost-control initiatives.
- Ensure compliance with statutory obligations and accounting standards.
- Provide accurate financial reports to support management decision-making.
DUTIES AND RESPONSIBILITIES
Financial Accounting & Record Keeping
- Record daily financial transactions, including sales, purchases, receipts, and payments.
- Maintain accurate general ledger records and supporting financial documentation.
- Prepare and process invoices, payment vouchers, journal entries, and reconciliations.
- Maintain proper records of accounts payable and accounts receivable.
- Ensure all financial transactions are supported by relevant documentation.
Accounts Payable & Receivable
- Monitor customer accounts and follow up on outstanding payments.
- Process supplier invoices and coordinate timely payments.
- Reconcile supplier and customer statements.
- Maintain accurate records of outstanding balances and payment schedules.
- Investigate and resolve billing and payment discrepancies.
Inventory & Cost Management
- Monitor and reconcile inventory-related financial records.
- Work closely with the warehouse and operations teams to track stock movements.
- Investigate stock variances, damaged goods, returns, and inventory discrepancies.
- Support product costing and monitoring of operational expenses.
- Prepare reports on inventory costs and related financial transactions.
Financial Reporting & Budgeting
- Prepare periodic financial reports, including income and expenditure statements.
- Assist in preparing monthly management accounts.
- Monitor expenses against approved budgets and highlight variances.
- Prepare bank reconciliations and cash flow reports.
- Provide financial information to management to support business decisions.
Tax Compliance & Audit Support
- Ensure compliance with applicable tax regulations and statutory requirements.
- Assist in the preparation and filing of VAT, withholding tax, and other statutory returns.
- Maintain proper financial records for internal and external audits.
- Support audit processes by providing the required financial documentation.
- Ensure adherence to established financial policies and procedures.
QUALIFICATIONS
- Bachelor's degree or Diploma in Accounting, Finance, or a related field.
- CPA(K) qualification or progress towards completion will be an added advantage.
- Minimum 2–3 years' experience in an accounting role, preferably within the FMCG, retail, or distribution industry.
- Experience in inventory accounting, reconciliations, accounts payable, and receivable.
- Proficiency in Microsoft Excel and accounting software.
- Good understanding of financial reporting and statutory compliance.