Role Objective

Our client is a retail chain outlet seeking a Junior Accountant is responsible for managing financial aspects of the retail outlet. This includes daily cash reconciliation, inventory cost analysis, payroll processing, and ensuring tax compliance. 

Core Duties and Responsibilities

• Maintain and reconcile the general ledger accounts and bank statements.
• Prepare and file tax returns and ensure compliance with local, state, and federal regulations.
• Assist in the development of information for budgets and forecasts, providing variance analysis as required.
• Manage daily transactions, including invoices and payments and reconciliation of daily store transactions, including effective and efficient bank alignment to sales reported on a daily basis.
• Reconcile POS (Point of Sale) reports with actual cash, credit card receipts, and mobile payment.
• Prepare and monitor daily bank deposits and ensure they match recorded sales.
• Oversee the petty cash fund for minor store expenses and emergency supplies.
• Collaborate with floor managers to conduct regular stock-takes and reconcile physical stock with system records.
• Identify and report discrepancies in inventory and suggest ways to reduce loss.
• Manage Accounts Payable by verifying supplier invoices against \"Goods Received Notes before processing payments.
• Prepare Monthly Profit & Loss (P&L) statements, balance sheets, and cash flow reports.
• Calculate and file VAT, sales tax, and payroll taxes (PAYE) and other statutory obligations.
• Assist in creating annual budgets and monthly forecasts for store operations.
• Calculate wages, overtime, and commissions for floor staff and cashiers.
• Coordinate with internal or external auditors during annual financial reviews.
• Any other duties as assigned. 

  Job Specifications and Qualifications

• CPA Foundation/CPA 1
• At least 2 relevant years’ experience in a retail chain.
• Proficient in using financial software and tools.   

Key Competencies

• Strong analytical and statistical skills.
• High Integrity
• Strong analytical and problem-solving abilities.
• Excellent organizational and time management skills.
• Excellent attention to detail and accuracy in financial reporting.
• Adaptability and flexibility in a fast-paced environment.