Job Details of Accountant at Hello Mart Ltd

Job description

Responsibilities:

1. Financial Reporting:
   • Prepare and analyze financial statements, including income statements, balance sheets, and cash flow statements, regularly to assess the financial health of the supermarket and identify trends or areas of concern.
   • Generate and distribute financial reports to management, providing insights and recommendations for improving financial performance and achieving business objectives.
2. Budgeting and Forecasting:
   • Develop annual budgets and financial forecasts in collaboration with management, incorporating input from various departments to ensure alignment with strategic goals and objectives.
   • Monitor budgetary performance throughout the fiscal year, tracking actual results against budgeted targets and investigating variances to identify root causes and recommend corrective actions.
3. Accounts Payable and Receivable:
   • Manage accounts payable processes, including invoice verification, payment processing, and vendor reconciliation, to ensure timely and accurate payments while optimizing cash flow management.
   • Oversee accounts receivable functions, including invoicing, collections, and customer account reconciliation, to minimize delinquencies and improve cash flow efficiency.
4. Inventory Control:
   • Coordinate with operations and procurement teams to establish and maintain accurate inventory records, performing regular reconciliations and adjustments as necessary to ensure proper valuation and reporting of inventory assets.
   • Analyze inventory turnover ratios, aging reports, and shrinkage trends to identify opportunities for cost savings, process improvements, and inventory optimization.
5. Compliance and Audit Support:
   • Ensure compliance with accounting principles, industry regulations, and internal policies and procedures, maintaining proper documentation and supporting schedules for audits and regulatory filings.
   • Assist with internal and external audits by providing requested documentation, answering inquiries, and implementing audit recommendations to strengthen internal controls and mitigate risks.

Qualifications:

• Diploma or degree in accounting, finance, or related field
• CPA certification 
• Minimum of 2 years experience in accounting preferably in the retail industry.
• Proficiency in accounting software and Microsoft Excel; experience with QuickBooks or similar programs is a plus.
• Strong analytical skills and attention to detail, with the ability to interpret financial data and identify trends, anomalies, and opportunities.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively with teams and communicate financial information to non-financial stakeholders.

How To Apply

Submit your CV and a cover letter outlining your relevant experience and why you are interested in joining our team as an accountant. The documents should be sent to hr@hellomart.co.ke by 5 pm on Friday 3rd May 2024.