Job Title: Accountant—Accounts Receivables (Fresher Job Positions)
Organisation: Yalelo (U) Limited
Duty Station: Kampala, Uganda
Reports to: Financial Controller
About the Company:
Yalelo (U) Limited is a tilapia fish farm that was established in Uganda in 2019. The farm is located in Butembe, Buikwe district on the shores of Lake Victoria. Yalelo Uganda is a subsidiary of First Wave Group B.V; a Dutch company with a portfolio of aquaculture related assets in Africa. First Wave Group owns and operates Yalelo Zambia, a pioneer of Aquaculture founded in 2011 that has grown quickly to become the leading fish farm in Zambia and among the largest aquaculture farms in Africa.
Job Summary: The Accountant—Accounts Receivable is responsible for the management of the accounts receivable position, thereby ensuring accounts receivable are always reflected complete and accurate. The incumbent is in contact with the customers to ensure timely payment and reconciliations of the Yalelo (U) Limited third-party credit accounts. Together with the YK Accounts Assistant, the incumbent also makes sure that the AR/AP position between Yalelo (U) Limited and Yalelo (K) Limited is reconciled on a weekly basis. The incumbent is also the business partner for commercial, in that capacity there is involvement in expense reports, budgeting, ad hoc analyses and support and challenge on financial results.
Key Duties and Responsibilities:
- 100% accurate, complete AR position.
- Process and issue invoices upon confirmation of order fulfilment, and liaise with the distribution team for order fulfilment confirmations.
- Weekly accounts receivable customer statement reconciliation with key customers.
- Ensure target DSO is met; issue customer statements to credit customers, follow up on collections when accounts are due for payment (i.e. apply dunning process).
- All new customers onboarded according to policy (i.e. customer due diligence requirement).
- Responsible for accurate and complete intercompany accounts payable and accounts receivable following weekly reconciliation.
- Month-end close: 1) All AR transactions completed, and AR module closed off 2) System closed, data posted and reconciled to TB. Provision adjusted 3) ensure proper recording of all commissions for Glovo, MOMO, Flexipay and other direct discounted sales. 4) Conduct reconciliation of Sales to Revenues from all retail shops.
- Lead monthly channel margin analysis.
- Assist in the annual budget and midyear LE for commercial.
- Approve commercial expense reports mapping/routing <$1,000.
- Assist in developing and monitoring commercial KPIs providing the means to measure firm-wide financial progress.
- Business partner for commercial.
Qualifications, Skills and Experience:
- Bachelor’s Degree in either Accounting, Finance or Business Administration or a related field
- Minimum of Second-class Upper bachelor’s degree in accounting.
- Professional qualification (ACCA, CPA) is an added advantage.
- At least 3 years of related work experience.
- Highly motivated, results driven, responsible and accountable.
- Self-sufficient, capable of independent decision making
How to Apply:
All candidates should apply online at the link below.
Deadline: 24th January 2025
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