Assistant Accountant Tyre-King Enterprises Limited

CAREER OPPORTUNITY

Tyre King Enterprises Limited is one of the leading specialized automobile tyre retailers in Zambia and is currently operating in fifteen (15) tyre/battery sales and fitment centres in Zambia. Tyre King is vigorously growing and expanding its footprint in Zambia.

1.0 The role: ASSISTANT ACCOUNTANT

Contract period: 24 months (renewable)

Location: Lusaka

We are currently looking for an Assistant Accountant.

2.0 PURPOSE OF THE JOB

To undertake accounting duties within prescribed policies and procedures in order to support Tyre King Operations. The position is responsible for ensuring timely compilation of accurate financial reports, transcription of data from source documents, reconciliations, production of final accounts and statutory compliance. The position monitors the cash flow of the company on a daily basis, preparing periodic analytical flash reports, controlling all banking and operating systems and also managing the money transmission systems and review bills.

3.0 KEY DUTIES WILL INCLUDE

a) Daily preparation of Bank Reconciliations for all bank accounts.

b) Preparing and circulating of Daily cash flow position

c) Preparing and circulating of daily sales reports (Variance analysis)

d) Uploading of VAT returns and Income Tax returns and conducting Tax reconciliations with ZRA.

e) Working with the Accountant in budget preparations, monthly, quarterly and annual financial and management reports.

f) Liaising with the Bank timely to get exchange rates for foreign payments.

g) Working with the Administration Manager to ensure that claims for any losses are paid at the earliest possible time.

h) Managing general ledgers, ensuring transactions are captured on time and correctly on daily basis to bring out a clean TB.

i) Processing of journals, payroll, petty cash journals

j) Monitors the company’s banking operations; seeing to it that all funds are appropriately banked.

k) Ensures compliance with statutory obligations in accordance with Zambian laws. Maintains a checklist of all statutory compliances and ensure obligations are made on time without any penalties.

l) Preparation of records for the year end external audit.

m) Checks and verifies cash transactions; and also investigates and proposes possible resolution for any discrepancies.

n) Responsible for interest and debt analysis, with provision of relevant information and reports.

o) Reconciles the sub-ledger accounts to the General Ledger, all deferred/accrued/provisions balances are correctly treated and ensures a reconciled position is kept and reflects in the balances in the final trial balance.

p) Ensures a monthly inventory reconciled position reflects correctly in the statement of financial position (balance sheet).

q) Checks correctness and validity of Ndola and Kitwe bank receipts against invoices.

r) Takes care of the cash management system of the company and their payment mechanism.

s) Ensures correctness and validity of data in all sales transactions.

t) Checks to ensure that all inventory transfers are posted in a given month, should be complete at end of each month and report submitted to the Accountant by the 2nd of every month.

u) Ensures that monthly stock / inventory reconciliations are carried out and report submitted to the Accountant by the 3rd of every month.

v) Reconciling all control accounts and submit reconciled accounts by the 2nd of every month to the Accountant.

4.0 REQUIRED QUALIFICATIONS:

1. Full ACCA/CIMA/CA Zambia or 2 papers to completion.

2. Member of ZICA.

3. Knowledge of NAVISION accounting software and Microsoft office.

4. Knowledge of Zambian tax system.

5. Three years in a busy accounting office.

6. Excellent verbal and written communication skills.

7. Excellent analytical skills.