Job Description

Financial Record Keeping:

1. Maintain accurate and up-to-date financial records.

2. Record and reconcile financial transactions.

3. Prepare financial reports, including balance sheets, income statements, and cash flow statements.

4. Regular meeting weekly/monthly Meeting with management discuss the financials

5. AP/AR management and preparation of aging report on timely basis and submit to management for review

Credit Control:

1. Evaluate the creditworthiness of customers and clients.

2. Establish and monitor credit limits for customers and enforce credit policy.

3. Manage credit and collections, including the timely collection of outstanding debts.

4. Negotiate payment terms and payment plans with customers when necessary.

5. Detailed forecast of Credit collection on monthly basis and set target of collection to each sales man.

6. Review the collection target on weekly basis and see the downfalls if any.

7. Participate actively in setting up sales target to make sure the cash flow will not effected and Goods are supplies to credit worthy customer.

8. Call Management meeting regular basis to discuss the cash flow

9. Initiate legal actions or collection efforts for delinquent accounts, if required.

Budgeting and Forecasting:

1. Assist in budget creation and financial forecasting.

2. Monitor and report on budget versus actual performance.

3. Collaborate with other departments to track and control expenses, improve cash flow.

4. Preparation of Weekly / Monthly cash flow and submit to Management

5. Offer insights and recommendations to senior management for informed decision-making.

Tax Compliance:

1. Prepare and file tax returns on time, maintaining necessary tax records.

2. Engage with auditors for timely completion of audit and submission of return.

3. Filing of Sales tax returns on time with accurate records.

Audit Support:

1. Collaborate with auditors during internal and external audits.

2. Prepare audit documentation and provide required financial information.

Payable

1. Monitor purchases and stock make sure stock will not be exceed more than required limit

2. Management of payable, continuous engaging with Suppliers to maintain or increase the credit limit.

3. Ensure timely payment to suppliers to avoid the short of supply and maintain good relationships with suppliers.

4. Preparation of aging and forecast of payable based on cash flow for smooth operation.
Report to management and take necessary steps to cover any short fall

Day to Day operations

1. Cross check generated invoice and attaches pending invoice GRN for Collecting the payment.

2. Meet modern trade customers if need any clarification with our ledger .

3. Every evening delivery invoices should be checked and those to be canceled should be canceled and those to be returned should be cleared by issuing credit note.

4. Monitor the work of Sales Coordinator, cancel invoice filing, credit note filing, daily invoice filing etc.

This combined role is crucial in maintaining financial stability and ensuring that the organization manages its credit risk effectively while also meeting its financial goals.

Job Types: Full-time, Permanent

Pay: ?10,000.00 - ?13,000.00 per month

Education:

• Bachelor's (Preferred)

Experience:

• Accounting: 1 year (Preferred)

Work Location: In person