Job description

We are seeking a highly skilled and detail-oriented Accountant with a strong background in the food and beverage industry. The ideal candidate should have experience in accounting software like Tally, Fodex, and ERP systems, as well as a proven track record in inventory management, petty cash handling, purchasing, vendor management, cost control, and comprehensive financial reporting.

Key Responsibilities:

1. Financial Management:

Manage day-to-day accounting operations, including accounts payable, accounts receivable, and general ledger entries.

Ensure compliance with financial regulations and internal controls.

Analyze and report on financial data, including profit and loss statements, net profit analysis, and other key performance indicators.

2. Inventory Management:

Oversee inventory accounting, including stock reconciliation and valuation.

Monitor and report on cost of goods sold (COGS) and resolve inventory discrepancies promptly.

Ensure accurate tracking of inventory flow and assist in reducing waste and inefficiencies.

3. Purchasing & Vendor Management:

Manage vendor relationships, including negotiations, purchase orders, and timely payments.

Analyze and approve procurement requests to ensure cost-effectiveness and quality.

Track vendor performance and ensure compliance with company policies.

4. Petty Cash & Expense Control:

Handle petty cash transactions, maintain accurate records, and ensure timely reconciliation.

Monitor and control departmental expenses to ensure adherence to approved budgets.

5. ERP & Software Expertise:

Utilize accounting tools like Tally, Fodex, and ERP systems to manage financial data effectively.

Generate comprehensive financial reports and ensure seamless integration with operational processes.

6. Account Reconciliation & Reporting:

Perform regular bank reconciliations and maintain updated financial records.

Prepare and present monthly, quarterly, and annual financial statements, including detailed analysis of profit and loss and other financial metrics.

7. Taxation & Compliance:

Ensure timely filing of VAT and other applicable taxes.

Maintain compliance with local financial laws and regulations.

8. Cost Management & Analysis:

Conduct in-depth cost analysis to identify opportunities for cost reduction and operational efficiency.

Assist in developing pricing strategies based on financial data and market trends.

Monitor overall costs and recommend strategies to optimize profitability.

9. Audit Preparation:

Prepare and assist with internal and external audits.

Address audit findings and implement corrective actions as required.

10. General Administrative Duties:

Support other departments with financial data, analysis, and budget tracking.

Handle ad-hoc accounting tasks and other related responsibilities as required.

Qualifications & Skills:

Experience: Minimum 5+ years of accounting experience in the food and beverage industry.

Software Proficiency: Expertise in Tally, Fodex, and ERP systems is mandatory.

Skills:

Strong analytical, problem-solving, and organizational skills.

Excellent knowledge of purchasing, vendor management, and cost control strategies.

Proficiency in preparing financial reports, including profit and loss statements and net profit analysis.

Attention to Detail: High level of accuracy in financial record-keeping.

Knowledge:

Familiarity with inventory management, cost analysis, and financial reporting.

Deep understanding of taxation regulations, particularly VAT compliance.

Communication: Excellent verbal and written communication skills for effective collaboration with vendors, teams, and stakeholders.

Job Type: Full-time