Standard Distributors, Retail

Bridgetown, Barbados

Job Summary:

• Prepare, develop and analyze accounting information and provide high quality support and service to management, head office, line managers and/or officers of the Company.

Job Description:

• Ensure efficient month end close and prepare accurate monthly financial statements; ensuring all balance sheet accounts are reconciled monthly.
• Preparation and calculation of annual budgets and performance management.
• Manage the Year end audit.
• Ensure all inventory is accurately valued at cost and manage the stock count process.
• Ensure Receivables are monitored for robust collections and to reduce default rates.
• Prepare audit schedules for SDL monthly and ensure payment of quarterly tax remittances and submit corporate tax returns for SDL
• Perform daily, weekly, and monthly bank reconciliations.
• Quarterly financial reporting into ANSA McAL Group Performance System – Talentia
• Prepare monthly variance analysis reports and branch sales reports for Board reporting.
• Completion of cashier reconciliations (within 3 days) and prepare monthly variance reports for cash overs/shorts. Action necessary deductions.
• Prepare, processes journals for the general ledger.
• Supervise the staff and review journals.
• Review and approval of invoices on the system.
• Ensure supplier reconciliations on a monthly basis.
• Review and approve intercompany confirmations, to assure zero variances.
• Efficient cash flow planning and management of same.
• Approval of charged sales orders for credit sales.
• Reconciliation of collection fees and bailiff/agency payments monthly.
• Review and maintain the fixed asset register.
• Approve the creation of new vendors.
• Prepare and negotiate foreign payments.
• Comply with Group’s processes and policies as set out and stated in the ANSA McAL Blue Book.
• Processing financial transactions to ensure the effective recording and tracking of revenues and expenditures.
• Any other duties, which may be assigned.

Education and Experience Requirements:

• ACCA Qualification
• Master’s Degree or advanced certification be considered an asset.
• At least eight to ten (8 – 10) years working experience in the retail industry.
• Applies the competency in the full range of typical situations, requiring guidance in only the most complex or new situations.
• Excellent communication and interpersonal skills
• Highly detail-oriented and organized
• Ability to meet a constant stream of deadlines
• Experience in Tax and VAT calculations
• Financial acumen
• Excellent Report Writing skills
• Computer literate
• Attention to Detail
• Superior analytical and problem-solving skills
• Familiarity with accounting software and programs