ACCOUNTANT

To prepare and finalize monthly, quarterly, and yearly financial reports of the company in order to present the actual results/performance by ;

(a)Collecting all relevant information from each department

(b)Consolidating and applying accounting standards and adhering to group policies

(c)Submitting to General Manager for discussion and variances analysis

(d)Submitting quarterly and yearly financial reports to External Auditors with additional relevant information.

To prepare Annual Budget in collaboration with General Manager by

(a)Collecting all relevant information from each department and any assumptions listed by the Group.

(b)Consolidating information and preparing a draft budget

(c)Prepare and submit revisions to budget (Revised Budget) with variances analysis during the course of the year, as and when required.

(d)Prepare and submit Forecast for last quarter of financial year with variances analysis

To ensure funds availability towards company interested parties for the proper running of day-to-day operations by maintaining a proper daily/weekly cash flow by

(a)honouring obligations towards his suppliers, thus approving/releasing payments and telegraphic or outward transfer

(b)transfering excess liquidity to the Group as Deposit on call

(c)Planning Capital Expenditure already budgeted and approved

(d)Pay dividends at year end to shareholders

To ensure that physical existence and valuation of company’s assets are correctly reported in company financial statements through FAR to

(a)ensure proper coding and classifications of assets

(b)ensure correct depreciation rate as per accounting standards and Group policies

(c)Follow up of asset to be disposed or written/off

To ensure that existing procedures are correctly being followed whereby correct and precise information being communicated to Accounts department, thus minimizing/avoiding risks of human error and fraud by

(a)Reviewing ISO procedures of each department connected to accounts dept and Updating and introducing new procedures to enhance/upgrade our internal controls

Ensure timely cash inflows for amount due from Customers in order to maintain proper running of day-to-day operations by

(a)Scheduling meeting with sales for systematic follow-up and chasing

(b)Issuing reminders to long overdue customers

(c)Prepare files to be sent for legal actions, when necessary.

1.Ensure timely cash availability for amount due to Suppliers in order to maintain proper running of day-to-day operations by giving approval and release of local & overseas payments

2.Ensure timely submission of returns and payment of tax to MRA in respect to

• Value Added Tax (VAT)
• Corporate Tax (CTX)
• Advance Payment System (APS)
• Tax Deduction at Source (TDS)
• Company licence
• Trading Licences
• Advertising fee
• Data Renewal fee

Ensure correct amount is being invoiced to customers so that correct information being reported by Accounts Dept by

(a)Reviewing and approve Blanker orders, discount prices to customers

(b)Reviewing and approve Selling Prices

Ensure that stock is correctly valued and production figures and raw material consumption are correctly computed by

(a)Analysis of real consumption with formulation

(b)Analysis of stock issues, raw materials consumption and other issues

(c)Analysis movement of pallets

(d)Provisioning for slow moving stock & obsolecense thus adhering to Group policies

Ensure correct costing is revalued and set on a periodical basis to report correct Inventory valuation and gross profit margin by

(a)Collection of data from concerned department and computing through formula set up by GM

and Reviewing costing parameters with GM to establish a perfect/relevant pricing system.