Senior Accountant
Hwadi Company Limted
Total years of experience :14 years, 3 Months
• Posting of PL & Balance sheet entries (Journal, Purchase, Bank, Depreciation, etc)
• Monthly Bank Reconciliation
• Assisting Finance Manager in Payments to Supplier after their accounts reconciliation
• Assisting our Internal Auditor (by clear trial balance figures)
• Timely updating the cost of new/ existing items
• Analyzing the markup value of the product with cost effect
• Auditing the cash, credit card and credit sales
• Liaison with supplier for any facilities and business promotions
• Provide updated accurate cost reports every month with comparison against budget and variance analysis
• Periodic inventory verification and reconciliation
• Keep updated Asset register
• Preparation of Monthly MIS, Cash flow.
• Filing the E- Returns (VAT, NSSF, PAYE, LST ) and other related returns
• Preparing payroll for employees with tax schedule
• Preparation of costing for spare parts (Imports)
• Preparation of GP by item wise, to avoid dead stock for slow moving items.
• Accounts Payable: Checking of Internal Material requisition, verification and comparison of quotations from suppliers. Verify the purchase orders, store receipt voucher and supplier invoices. Reconciliation of all suppliers accounts and prompts payment to suppliers.
• Job involves managing receivables and payables; monitoring and controlling cash, bank, sales & purchase, online payments and orders and maintaining structured and organized financial records.
• Processing of all documents for Trade Finance Facilities.
• Liaison with import suppliers.
• Overseeing the timely execution of bank reconciliations (11 Banks USD & local).
• Looking overall accounts for the Company Construction
• Handling other Secretarial work with R.O.C
• Auditing Tanzania Branch quarterly and finalizing books and taxes with Internal Auditor.
• Assisting the Books of Accounts up to finalization i.e. Trial Balance, Trading, Profit & Loss Accounts, Balance sheet and General Accounting
• Controlling of Cash and Credit Sales as per the company’s policies.
• Inter-shops and Divisions Reconciliation (including HO).
• Coordinating for preparation and finalization of Retail Outlet targets.
• Controlling of Inventories by conducting stock-taking at frequent Intervals.
• Verification and Posting of Sales Sheets, Invoices & Documents prepared at Shop Level.
First Class