Position Summary
The Branch Accountant's primary role is to provide an accurate and timely record of branch transactions. The importance of branch accountant lies in their role to safeguard company's assets by establishing the accountabilities of branch personnel. Monitor compliance with established company's policies and encourage compliance to it by reporting deviations to management.
Primary Responsibilities
- Accuracy of Source Document: Check the accuracy and reliability of the source documents e.g. Stock Transfer Slip, Delivery Receipt, Cash Invoice, Charge Invoice, Collection Receipts
- Financial Record Keeping: To generate periodic reports such as sales reports, collection reports, aging of accounts
- Risk Management: To detect and report anomalies, irregularities and non-compliance with the company's directives by salesmen
- Establishment of Accountabilities: Determine the salesmen and warehouse in charge accountabilities on a weekly and monthly basis with regards to their stocks, remittance, revolving fund, receivables etc.
- Reconciliation: To initiate the reconciliation of accounts by salesmen
- Branch Expenses: In charge of the branch cash fund used to pay for branch expenses e.g. utilities
- Accountable Forms: Responsible in managing the accountable forms used in the branch
- Corporate Assets: To maintain record of all corporate assets in the branch and perform periodic actual count.
