Accountant at Mai Shayi Coffee

Position Overview

The Accountant will play a key role in ensuring the financial integrity and efficiency of Mai Shayi Coffee's operations. As a Chartered Accountant (ICAN certified), this role requires a high level of accuracy, compliance with statutory requirements, and proactive financial management.

The Accountant will be responsible for overseeing the company's accounts, payroll, audits, asset management, tax compliance, and financial reporting while contributing to strategic cost reduction and efficiency initiatives. This position offers a great opportunity for career growth.

Key Responsibilities

Accounting & Bookkeeping

• Receive, verify, and record all bills, invoices, and receipts
• Ensure timely entry of bills and expenses into the books of accounts
• Prepare approval notes for payment authorizations
• Maintain accurate journal entries, vouchers, and general ledger records
• Handle cash payments, issue and dispatch cheques, and oversee bank payments
• Manage staff advances, loans, and reconciliations

Payroll & Employee Benefits

• Oversee monthly payroll preparation and ensure accuracy of statutory deductions
• Manage employee-related contributions and filings
• Ensure compliance with local labour, tax, and employee benefit regulations

Financial Reporting & Compliance

• Prepare accurate monthly, quarterly, and annual financial statements
• Support and respond to audit queries while ensuring compliance with statutory audits
• Manage Value Added Tax (VAT), Service Tax, and other statutory filings
• Ensure adherence to financial policies and compliance with various governing acts
• Maintain a Fixed Asset Register and ensure accurate depreciation and asset management

Budgeting & Cost Management

• Support the preparation of the company's annual budget and forecasts
• Track financial performance against budgets, reporting variances and recommending corrective actions
• Identify and drive cost reduction initiatives