Job description for Accountant and Finance Manager at Awor Coffee
ROLES AND RESPONSIBILITIES
As an Accountant and Finance Manager, you are broadly responsible for planning, managing, and overseeing all financial and accounting activities of the company. You play a critical role in preparing financial reports, conducting financial analysis, managing taxation, ensuring internal controls, and supporting strategic decisions that impact the profitability of the business.
Financial Management and Control
- Prepare, manage, and monitor the annual budget.
- Control daily operational expenses of restaurants/cafés/food production facilities to align with the budget.
- Analyze daily, weekly, and monthly cash flow to ensure business liquidity.
- Prepare financial forecasts, including projections of sales, costs, and profits.
Preparation and Review of Financial Reports
- Prepare monthly management reports
- Analyze financial reports to identify opportunities for cost savings or improved profitability.
- Provide insights and recommendations based on financial reports to the Chief Executive Officer.
Supervision of the Accounting and Finance Team
- Lead and supervise the Accounting and Finance team (including Staff, Supervisors, and all members of the division).
- Develop and implement Standard Operating Procedures (SOPs) related to financial and accounting transactions.
- Train and guide the team to understand and follow the company's financial systems and policies.
Tax Management and Compliance
- Ensure tax reporting (Income Tax, VAT, Restaurant Tax) is submitted on time and in accordance with regulations.
- Coordinate with tax consultants or external auditors when necessary.
- Prepare data required for audits and annual reporting.
Internal Financial Control and Risk Management
- Develop and oversee the internal control system to prevent fraud
- Conduct regular internal audits.
Operational Support
- Assist the operations division in preparing and analyzing
- Provide analysis to determine whether an outlet is profitable (profit center analysis).
External Relations
- Liaise with banks regarding credit facilities or other financial transactions.
- Communicate with external auditors, vendors, and other financial institutions as needed.
