Jaspal Company Limited

Report to: Chief Accountant

1. Inventory:

• Reconcile inventory, good in transit or stock movement report.
• Accounting for JPS Inventory including month-end close journal entries and account reconciliations
• Perform routine reconciliations of system quantities to identify discrepancies. Analyze and resolve the discrepancies when they occur.
• Recommend controls for weaknesses identified
• Play a key role in the annual physical inventory counts and audits
• Manage the Inventory accounting process
• Perform physical counts of inventory with the merchandise team
• Perform detailed reserve analysis for all inventory types

2. Account payable:

• Keeping track of all payments and expenditures, including payroll, purchase orders, invoices, statements, etc.
• Reconciling processed work by verifying entries and comparing system reports to balances
• Paying vendors by scheduling pay checks and ensuring payment is received for outstanding credit; generally responding to all vendor enquiries regarding finance
• Preparing analyses of accounts and producing monthly reports
• Calculate, post business transactions, process invoices, verify financial data for use in maintaining accounts payable records, and provide other clerical support necessary to pay the obligations of the organization
• Prepare vouchers listing invoice number, date, vendor address, item description, amounts and coding per accounting policies and procedures
• To do AP reconciliation and collection the account detail on every month.
• Others to be assigned by line manager.