Senior Accountant
Full-time

Chicken Tonight
Description
Chicken Tonight is hiring a Senior Accountant who will oversee the financial operations and reporting of the restaurant’s business activities, ensuring compliance with accounting standards, financial accuracy, and operational efficiency. This role requires a strong understanding of the hospitality industry, attention to detail, and the ability to work in a fast-paced environment.
Department: Finance and Accounting
Reports to: Head of Finance
Deadline for application: 15th February 2025
Vacancies: 1
Key Roles and Responsibilities
1. Financial Management and Reporting
- Prepare, examine, and analyze accounting records, financial statements, and reports to assess accuracy, completeness, and compliance.
- Generate monthly, quarterly, and annual financial reports, including balance sheets, income statements, and cash flow statements.
- Ensure timely and accurate month-end and year-end closing processes.
- Analyze key financial data and advise senior management on strategic planning.
- Study the branch P&L and ensure costs are within minimum.
- Manage general ledger activities and perform reconciliations for accounts such as bank accounts, payroll, and inventory.
- Oversee the preparation of profit and loss statements and balance sheets for individual outlets and the overall company.
- Review and manage petty cash expenditure at the branch level.
- Conduct risk assessment and advise on ways to minimize risk.
2. Budgeting and Forecasting
- Develop and monitor budgets in collaboration with stakeholders.
- Provide weekly and monthly financial forecasting and insights.
- Track and analyze key financial metrics, including food costs, labor costs, and overhead.
- Review budget proposals and prepare necessary supporting documentation.
- Monitor budget implementation and provide regular updates.
3. Accounts Payable and Receivable
- Supervise accounts payable and accounts receivable processes, ensuring timely and accurate payments and collections.
- Review vendor contracts, invoices, and payments for accuracy and compliance.
4. Cost Control and Inventory Management
- Develop and maintain cost accounting systems for accurate cost information.
- Conduct detailed cost analysis to identify cost-saving opportunities.
- Monitor and analyze budget variances.
- Work with supply chain and branches to ensure cost-effective operations.
- Monitor overall usage of packaging materials.
- Manage and reduce food and beverage costs in collaboration with operations teams.
- Implement and monitor inventory control measures to prevent losses.
- Conduct periodic inventory audits for accuracy and accountability.
- Manage wastage control processes.
5. Internal Controls and Process Management
- Develop and monitor internal controls to safeguard assets and financial accuracy.
- Identify process improvements in accounting and supply chain.
- Enhance accounting policies and procedures.
- Train and mentor junior accounting staff.
- Ensure compliance with local tax and regulatory requirements.
- Maintain an updated Asset Register and Menu Costing.
- Monitor stock take accuracy and postings in the system.
- Manage central stores and kitchen inventory movements.
- Oversee semi-processed goods production.
6. Compliance and Audit
- Ensure compliance with tax regulations and file accurate tax returns (VAT, PAYE, corporate tax).
- Prepare and support internal and external audits.
- Stay updated on changes in accounting and tax laws.
7. Team Collaboration and Leadership
- Provide guidance to junior accounting staff.
- Collaborate with restaurant managers to streamline financial operations.
Job Specifications and Minimum Qualifications
- Bachelor’s Degree in Business Administration, Finance, Commerce, Accounting, or a related field.
- CPA or ACCA certification (MUST HAVE COMPLETED ALL LEVELS).
- At least 5 years of work experience in a financial management environment, including 1 year in management accounting.
- In-depth understanding of International Financial Reporting Standards (IFRS).
- Proficiency in ERP systems (e.g., SAGE), Microsoft Office (Word, Excel, PowerPoint), and financial modeling.
- Ability to work independently with minimal supervision.
- Strong leadership skills with a track record of leading functional teams.
- Attention to detail and a high level of integrity.
- Strong communication and presentation skills.
- Excellent time management, analytical, and strategic planning abilities.
- Ability to meet tight deadlines under pressure.
- Strong business acumen and negotiation skills.
- Confident, dynamic personality with excellent interpersonal skills.
TO APPLY
Submit your CV and Cover Letter to one of the following:
📧 Email: Send your application to recruitment@chickentonight.ug with “Senior Accountant” in the subject line.
📅 Deadline: 15th February 2025.
Only shortlisted candidates shall be contacted.