Job Description
Key Responsibilities:
Financial Record Keeping:
- Maintain daily records of sales, purchases, and expenses.
- Reconcile cash and credit card transactions with sales records.
Accounts Management:
- Prepare and manage accounts payable and receivable.
- Track invoices, receipts, and payments.
- Monitor and manage petty cash.
Banking and Reconciliation:
- Perform daily, weekly, and monthly bank reconciliations.
- Ensure timely deposits and withdrawals as needed.
Budgeting and Reporting:
- Assist in preparing budgets and financial forecasts.
- Generate financial reports (profit & loss, balance sheet, cash flow).
- Report financial status to management.
Inventory and Cost Control:
- Work with inventory management staff to ensure accurate cost accounting.
- Track the financial impact of stock levels, orders, and returns.
Software Usage:
- Use accounting software (e.g., Excel, QuickBooks, Sage, Tally) to manage financial records.
Job Requirements:
Educational Qualifications:
- Bachelor’s degree in Accounting, Finance, or a related field.
Experience:
- 1–3 years of experience in accounting, preferably in retail or a similar environment.
- Experience with bookshop or bookstore operations is a plus.
Skills and Competencies:
- Proficiency in accounting software and MS Excel.
- Strong numerical and analytical skills.
- Good organizational and time management skills.
- Attention to detail and accuracy.
- Strong ethical standards and integrity.
- Communication skills for dealing with management, vendors, and customers.