QSR Revenue Assurance Associate at Food Concepts Plc Full Time

Job Title: QSR Revenue Assurance Associate

Job ID: 942
Location: Mushin, Lagos (Head Office)
Department: Finance Department
Reports to (Title): Treasury Manager
Grade Level: Associate
Internal Contacts (most frequent contacts): Executive Management & Senior and Middle Management
External Contact: Service Providers/ Vendors & External Auditors and Statutory Auditors.

Job Purpose

• To keeps track of a company’s revenue whilst sourcing for ways to improve it.

Core Responsibilities and Key Result Areas
Cash Asset Monitoring:

• Ensure daily verification reports of lodgements made into the company account by stores across the country
• Prepare daily sales analysis report
• Verify daily cash sales banked by stores to ensure it reflects in the bank statement and
• Balance records of company revenue on a monthly basis
• Ensure cash banked agrees to sales and all variances owing to expense deductions from sales are reconciled.
• Review financial records and activities of various departments

Reporting & Recommendation:

• Prepare monthly report of Turnover analysis
• Daily verification reports
• Monthly turnover reconciliation reports
• Prepare expense journal and upload to P & L account on oracle on  a monthly basis
• Prepare revenue reports on a regular basis as outlined by management
• Prepare monthly revenue forecast and break approved budget/forecast into daily sales target across CR stores.
• Liaise with  Operations team   on revenue forecast

Key Performance Indicators

• Accuracy of daily sales analysis report
• Timeliness of sales verification report
• Timeliness of monthly DSA

Job Specifications

• A good first degree in Accounting or Finance
• Membership of ICAN, ACCA, or any other related professional degree is an added advantage
• Minimum of 3- 4  years’ experience in a similar role is required

Knowledge Requirements:

• Knowledge of Basic Bookkeeping and accounting receivables principles
• Knowledge of General accounting principles
• Knowledge of managing accounting figures and financial records
• Demonstrates data entry skills with a knack for numbers
• Knowledge of accounting software

Decision Expectation:

• Recommend ways in which the company can adapt favorably to new and current economic conditions
• Recommend new strategies to maximize company revenue
• Review financial records and activities of various departments

Purpose of Contact:

• Exchange or provide information
• Obtain, clarify, and discuss information
• Present, discuss information and problems
• Collaborate, negotiate and present ideas
• Deal with, influence or motivate subordinates
• Promote, justify or settle highly sensitive matters

Working Condition

• JJobholder typically work 40 hours per week, Monday to Friday, although some roles may involve weekend or evening work.
• This role is largely office-based, and requires the job holder to strongly pay attention to detail, as well as lots of analysis and number crunching.
• Job holder offers valuable information derived from often-complex quantitative analysis, but he/she must present this information to executive management in a way that makes sense to a layperson.

Application Closing Date
Not Specified.