Lead Channel Accountant
Responsibilities
Channel Management
- Ensure proper set up of channel partner accounts in both the sales portal and oracle
- Ensure clean customer master through regular reviews
- Ensure distributor payments are receipted correctly and on time
- Ensure all stock issued is paid for or is secured
- Carry out credit assessment for distributors
- Ensure no credit exposure to the company
- Assist in development of distributor commission structures in line with company strategy
- Highlight areas of risk and opportunity in the commission structures
- Review and approve commission structures
- Review computation of distributor Commissions
- Timely payment of distributor commissions
- Preparation of termination payments to distributors
- Review of Channel Partners Debtors Aging reports
- Filling and submission of monthly reports to Group finance-AG, DTRs
- Assist distributors in managing their accounts
- Assist distributors with their profitability analysis
- Ensure distributors confirm their balances on a quarterly basis
Reporting
- Timely AR period close and Generation of Aging Reports.
- Timely preparation and submission of monthly & quarterly reporting templates (Both internal & External)
- Ensure timely response to adhoc requests
- Timeliness, Completeness and Accuracy of Channel inputs as per ACE India/Tanzania SLAs and the Financial reporting calendar
- Ensure accurate booking of revenues
- Review of revenue accounts reconciliations (IN-GL, Sim Recon etc.)
- Management of LMS and Rewards system
- Ensure all accounts are assigned to an analyst
- Ensure all accounts are reconciled as per group guidelines
- Review account reconciliations
- Ensure Timely preparation and closure of reconciling items.
- Ensure timely billing and collections
- Management of Bad Debt
Cash Management
- Ensure all collections are banked
- All stocks to be released after payment
- Monitor E-Value at the shops
- Monitor and ensure accountability for all petty cash
- Train shop staff on cash processes
- Liquidity Management & Working Capital Optimization
- Risk Management & Debt Management
- Vendor Payment on Time & Collections
- Ensure Bank Reconciliations are in place
- Cash forecasting
Team Leadership
- Performance management and engagement
- Succession planning
- Ensure team objectives are aligned to the objectives and strategy of the business
Qualifications
Educational Qualifications
- University Degree
- ACCA/CPA/CFA or in the process of getting the professional Qualification
Relevant Experience
- Minimum 5 years in FMCG or Telecoms.
- In-depth knowledge of the telecoms industry advantageous.
- Experience in carrying out quantitative and qualitative analytical reviews on financial statement items
- Proficiency in MS Office suite. Excellent skills in Excel
- Proven ability to analyze complex business issues and identify, design and implement effective practical recommendations
Other requirements
- High level of commitment
- Attention to detail
- Good interpersonal skills
- Strong analytical and problem-solving skills
- Excellent communication and presentation skill
How to Apply:
Job type Full-time Job, To submit your application, please follow the link provided below.