Convenience Retail Accountant

Full Job Description

Job Purpose:

This position aims to ensure that Internal controls and accounting policies in Company Owned Company Operated (COCO) sites and convenience stores are well designed, implemented, monitored, and evaluated to ensure smooth running of these sites.

Duties and Responsibilities:

• Assist in the preparation of financial reports for company-run stations and convenience stores.
  

• Participate in month-end closure procedures for all COCO and convenience stores including booking of incomes and expenses in the Oracle system by the 5 th of the subsequent month.
  

• Participate in monthly/quarterly stock takes within COCO sites and convenience sites
  

• Review COCO/Shop TAR reconciliations and highlight areas for improvement, follow up, and ensure that timely action is taken to remedy any issues noted.
  

• Monitor and ensure the financial controls are strictly adhered to in accordance with company policy.
  

• Ensure correct and timely posting of COCO sites transactions into the ORACLE ERP System I.e. Invoices, Expenses, receipts, and Stock adjustments.
  

• Review transactions posted in station/shop accounting systems for accuracy and completeness.
  

• Conduct profitability analysis and any other such analysis to improve COCO and convenience stores' performances.
  

• Visiting at least one station per quarter to assess the effectiveness of internal controls (stocks, cash, system, and operations) and activity reports.  All stations should be visited at least twice a year.
  

• Preparation of assigned balance sheet/COCO/Shop reconciliations monthly, to be completed and submitted to the Chief Accountant by the 15th of every month.
  

• In liaison with the assigned territory managers, proactively detect and report any potential fraud.
  

• Conduct training for station and convenience store managers on finance issues, company policies, and procedures.
  

• Preparation of any other reports as requested by the COCO Accounting Manager.
  

• Bachelor’s degree in business administration, Commerce or Economics
  

• Professional Accounting certification (CPA, ACCA)
  

• Experience in maintaining books using ERP systems.
  

• Minimum 2 years experience in retail business/supermarkets. 
  

• Experience in preparing financial reports.
  

• Capable of meeting tight deadlines and working at odd hours including weekends.