QSSK-MCF-CA-Chief Accountant at Q-Sourcing Servtec Group

January 17, 2023

Job Description

DUTIES & RESPONSIBILITIES:

Budget and Cost Control

  • Assist in monitoring the allocated budget for the store to ensure compliance and highlight possible issues
  • Provide inputs on the preparation of the budget when necessary
  • Provide inputs on cost reduction measures for the store

Risk Management and Insurance Coverage

  • Ensure proper and adequate insurance coverage
  • Ensure that financial aspects of the contracts are adhered to and are renewed in a timely manner

Internal Control and Audit

  • Ensure alignment of procedures with those developed by the Finance function
  • Guarantee that the fixed asset register is properly maintained
  • Ensure that payroll is processed accurately and timely
  • Control suppliers’ payment terms and consequences
  • Monitor stock-check, sleeping stock, receiving controls, and analyze shrinkage result
  • Perform audits on CCO to minimize cash flow risks, prepare corrective actions and proposals for improvement
  • Ensure the strict implementation of Internal Audit recommendations
  • Review, develop and implement the financial strategy that supports the company’s corporate and business strategies

Reporting

  • Oversee the preparation of store performance analysis by Department/Section
  • Prepare business presentations and reports for stakeholders periodically and ad hoc basis when required
  • Provide a summary of asset information to the management regularly
  • Responsible for business analysis and modeling including:
  • Monthly financial closing (budgetary control, P&L, Balance Sheet, and Cash Flow)
  • Monthly forecast
  • Annual budget
  • Store turnover
  • Cash flow

Human Capital Responsibilities

  • Assist in the implementation of the performance management process by setting objectives, monitoring performance, and providing constructive feedback and provide inputs to senior management
  • Provide mentorship for the purpose of developing a continuous talent pipeline for key roles
  • Provide inputs on training needs and coordinate with the Human Capital department to ensure the facilitation of training requirements
  • Develop and implement on the job-training for the team
  • Provide inputs for the development of the annual manpower plan
  • Ensure the implementation of Retail’s corporate policies and relevant procedures

KNOWLEDGE, SKILLS, AND EXPERIENCE:

  • Bachelor’s Degree in Finance, Business Administration, or Commerce
  • A minimum of 5 years in a similar role, of which 2+ years in retail business
  • Strong analytical and technical skills in financial analysis and reporting
  • Good project management skills
  • Knowledge of MS Office, particularly modeling in Excel
  • ICPAK Membership
  • Presentation skills
  • Accounting concepts and knowledge of IFRS
  • Investment appraisal process and capital budgeting