The Accounting Supervisor oversees daily accounting operations, including transaction recording, reconciliations, reporting, and compliance. They ensure financial integrity, support audits, and provide accurate data to management for decision-making.
Key Responsibilities
Financial Transactions
- Supervise recording of sales, purchases, expenses, and payroll entries.
- Ensure accuracy and timeliness of daily accounting activities.
Reconciliation & Reporting
- Oversee bank reconciliations, cash flow monitoring, and petty cash management.
- Prepare monthly, quarterly, and annual financial reports.
- Validate store-level accounting records against system reports.
Compliance & Audit
- Ensure adherence to accounting standards, tax regulations, and company policies.
- Support internal and external audits with proper documentation.
Inventory & Cost Control
- Coordinate with operations to reconcile inventory and cost of goods sold.
- Monitor variances and investigate discrepancies.
Team Supervision
- Train and manage accounting staff, assigning tasks and monitoring performance.
- Provide guidance on accounting procedures and system usage.
Cross-Functional Coordination
- Work closely with store managers, HR, and procurement to ensure financial accuracy.
- Support management with financial analysis for decision-making.
Qualifications
- Education: Bachelor's degree in Accounting, Finance, or Business Administration.
- Experience: 35 years in accounting, with at least 12 years in a supervisory role (preferably in retail).
- Technical Skills: Proficiency in accounting software (ERP, QuickBooks, SAP), MS Excel, and financial reporting.
- Soft Skills: Leadership, analytical thinking, attention to detail, and communication skills.
