Fayette Investment Ltd
Fayette Investment Ltd is a retail business with interest in FMC
The responsibilities include:
- Ensure that all financial transactions are carried out and recorded in accordance with standard financial procedures.
- Daily review of sales reports and purchases to ensure company profitability
- Preparation of the daily dashboard to track key drivers
- Preparation of monthly, quarterly, and year-end financial statements and presentation of financial statement to Management.
- Preparation of all statutory returns (NAPSA, ZRA returns, NHIMA) and submitting them on time.
- Follow appropriate authorisation procedures for payments and requisitions, and ensure others follow them.
- Developing of annual budgets in collaboration with Management.
- Conducting monthly and annual performance reviews of the business and monitoring actual expenditures against income generated.
- Providing guidance for annual work planning and budget consolidating ensuring allocation to appropriate financing, components, categories, location.
- Prepare the monthly payroll. Check the month end cashbooks and ensure that all book-keeping and is accurate.
- Prepare, monitor and manage all staff contracts
- Ensure that all financial records are properly kept and as recorded in the booksof accounts
- Prepare bank reconciliation every monthly.
- Reconciliation of supplier, creditor and debtor accounts
- Prepare an analysis of the cashbooks, management report, comparison with budget, and commentary at the end of the month.
- Monitor actual expenditure versus budgets.
- Prepare cashflow projections
- With other staff, monitor actual spend against activities and adjust the spending forecast as needed
- Carry out other accounting and financial management tasks as necessary.
- Continue to develop appropriate financial systems and help all staff to understand and work with them.
- Attend and guide physical stock take processes which may be out of town.
At least 3 years experience
Appropriate Accountancy Qualifications BA or ACCA