Account payable

Job Purpose

To keeps track of a company's revenue whilst sourcing for ways to improve it.
Core Responsibilities and Key Result Areas

Cash Asset Monitoring
Ensure daily verification reports of lodgements made into the company account by stores across the country
Prepare daily sales analysis report
Verify daily cash sales banked by stores to ensure it reflects in the bank statement and
Balance records of company revenue on a monthly basis
Ensure cash banked agrees to sales and all variances owing to expense deductions from sales are reconciled.
Review financial records and activities of various departments
Reporting & Recommendation

Prepare monthly report of Turnover analysis
Daily verification reports
Monthly turnover reconciliation reports
Prepare expense journal and upload to P & L account on oracle on a monthly basis
Prepare revenue reports on a regular basis as outlined by management
Prepare monthly revenue forecast and break approved budget/forecast into daily sales target across CR stores.
Liaise with Operations team on revenue forecast
Key Performance Indicators

Accuracy of daily sales analysis report
Timeliness of sales verification report
Timeliness of monthly DSA
Knowledge Requirements

Knowledge of Basic Bookkeeping and accounting receivables principles
Knowledge of General accounting principles
Knowledge of managing accounting figures and financial records
Demonstrates data entry skills with a knack for numbers
Knowledge of accounting software
Job Specifications

A good first degree in Accounting or Finance
Membership of ICAN, ACCA, or any other related professional degree is an added advantage
Minimum of 3- 4 years’ experience in a similar role is required
Decision Expectations

Recommend ways in which the company can adapt favorably to new and current economic conditions
Recommend new strategies to maximize company revenue
Review financial records and activities of various departments