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.

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