Accountant

Core Responsibilities:

• Cost Management and Analysis:
• Tracking and Analyzing Costs: Meticulously track and analyze all expenses related to transportation (freight, fuel, tolls), inventory (carrying costs, spoilage, obsolescence), customs duties, and distribution.
• Cost Allocation: Implement robust cost allocation methods to accurately assign costs to specific shipments, routes, products, customers, or business units. This often involves activity-based costing (ABC).
• Budgeting and Forecasting: Develop and manage budgets for logistics and supply chain operations, forecasting future expenses and identifying cost-saving opportunities.
• Profitability Analysis: Conduct detailed profitability analysis at various levels (e.g., per shipment, per product, per customer) to inform strategic decisions.
• Inventory Accounting and Management:
• Inventory Valuation: Ensure accurate valuation of inventory, considering different costing methods (e.g., FIFO, LIFO, weighted average).
• Inventory Tracking: Monitor inventory levels, turnover rates, shrinkage, and other key metrics across warehouses and storage locations.
• Reconciliation: Reconcile inventory records with physical counts and financial statements.
• Financial Reporting and Compliance:
• Financial Statement Preparation: Prepare accurate and timely financial statements (income statements, balance sheets, cash flow reports) that reflect the logistics and supply chain operations.
• Regulatory Compliance: Ensure strict adherence to industry regulations, accounting standards tax codes (sales tax, VAT, import/export duties),
• Auditing: Facilitate internal and external audits to verify reporting accuracy and identify control gaps.
• Accounts Payable and Receivable:
• Invoice Processing: Efficiently process invoices from vendors and carriers, ensuring timely and accurate payments.
• Reconciliation: Reconcile payments with invoices and manage accounts payable and receivable specific to logistics transactions.
• Vendor and Supplier Management:
• Contract Review: Review contracts with logistics providers, suppliers, and vendors to ensure financial terms are met.
• Negotiation Support: Provide financial data and analysis to support negotiations with suppliers for better terms and cost savings.
• Risk Management:
• Identifying and Mitigating Risks: Identify financial risks within the supply chain, such as currency fluctuations in international transactions, potential transportation delays, or product damage.
• Developing Strategies: Contribute to developing strategies to mitigate these risks (e.g., hedging strategies for currency, insurance coverage).
• Data Analysis and System Utilization:
• KPI Monitoring: Monitor key financial performance indicators (KPIs) relevant to logistics, such as cost per mile, revenue per shipment, and fuel efficiency.
• Software Proficiency: Utilize specialized accounting software, Enterprise Resource Planning (ERP) systems, Transportation Management Systems (TMS), to track financial data and generate reports.
• Process Improvement: Identify opportunities to streamline financial processes and improve efficiency within the logistics and supply chain functions.

Key Skills Required:

• Strong Accounting Fundamentals: In-depth knowledge of accounting principles, financial reporting, and cost accounting.
• Analytical Skills: Ability to interpret complex financial data, identify trends, and draw meaningful conclusions to support decision-making.
• Attention to Detail: Meticulous approach to reviewing financial records and ensuring accuracy.
• Problem-Solving: Ability to analyze issues, resolve discrepancies, and propose effective solutions for financial challenges in the supply chain.
• Technical Proficiency: Expertise in accounting software (e.g., SAP, Oracle, NetSuite, QuickBooks, Xero) and advanced Excel skills. Familiarity with logistics-specific software (TMS, WMS) is highly beneficial.
• Communication Skills: Clear and effective verbal and written communication to convey financial insights to various stakeholders, including management, operations teams, and external partners.
• Business Acumen: Understanding of logistics and supply chain operations, including freight forwarding, warehousing, inventory management, and distribution processes.
• Adaptability: Ability to adapt to changing regulations, technologies, and market conditions within the dynamic logistics environment.
• Strategic Thinking: Capacity to look beyond day-to-day operations and contribute to long-term financial planning for the supply chain.
• Compliance Knowledge: Awareness of international trade laws, customs regulations, and tax implications relevant to global supply chains.
• Follow Up : Communicating with clients to obtain overdue payments

Job Type: Full-time

Benefits:

• Health insurance
• Provident Fund

Schedule:

• Fixed shift

Work Location: In person