Chief Accountant Job at J3 Foods and Store International

• Ensure all financial transactions and records are accurately maintained for J3 Foods and Stores International.
• Ensure timely and accurate preparation of financial statements (monthly, quarterly, annual) for all outlets.
• Ensure accurate reconciliation of inventory transactions (purchases, movements, write-offs) in alignment with accounting standards.
• Manage and mentor Account Officers across all distribution outlets.
• Conduct monthly performance reviews and ensure adherence to accounting procedures.
• Collaborate with the warehouse department to validate stock reports and minimize discrepancies between physical and book inventory.
• Review and approve balance sheet reconciliations (bank, inventory, receivables, payables).
• mplement standardized accounting processes across all locations.
• Resolve complex accounting issues escalated by Account Officers.
• Approve payment vouchers, petty cash, and bank reconciliations.
• Ensure payroll is processed correctly and on time, including accurate deductions and remittances.
• Manage and monitor payment systems to verify incoming payments.
• Oversee cost accounting and ensure proper allocation of expenses.
• Implement cost-saving measures without compromising operational efficiency.
• Monitor trade promotions, discounts, and rebate accounting.
• Validate sales reports and ensure revenue recognition aligns with accounting standards.
• Ensure timely filing of VAT, corporate taxes, and other statutory obligations.
• Stay updated on changes in tax laws affecting FMCG distribution.
• Implement internal controls to prevent fraud and errors.
• Train Account Officers on new accounting processes and policies.
• Prepare financial reports to MD/CEO and General manager.
• Advise the management on investment opportunities and ways to improve profitability.

• Financial records are accurate and up-to-date.
• Financial reports are submitted on time (monthly, quarterly, annually).
• Strong internal control and fraud prevention.
• Compliance with tax regulations is maintained.
• Team performance 6. Cost optimization and budget control.

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