Hub Accountant

About Us:

Wasoko (“people of the market” in Swahili) is transforming communities across Africa by revolutionizing access to essential goods and services. We are East Africa’s biggest digitized retail distribution platform powered by our own in-house logistics network. Tens of thousands of informal retailers across Kenya, Tanzania, Rwanda, Uganda, and Zambia) use Wasoko to order everyday essential goods and receive working capital financing.

The informal retailers of Africa today are the primary if not the only channel used by consumers to purchase essential goods worth over $600 billion per year. The fragmented infrastructure across large land mass, distributed but diverse population and rather a smaller basket size spend does not yet lend themselves to big basket retail or mass consumer ecommerce. Instead, the informal retail ecosystem is THE channel for building the plumbing for digital and consumer commerce across Africa.

This is Wasoko’s opportunity. Wasoko with its brand, scale and logistics network is best positioned to build the technology-leveraged rails to serve the 1+ billion African consumers through informal retailers. We are building a digital-first operating system for informal retailers, focusing initially on B2B distribution but quickly incorporating a host of other tools and services to help communities across Africa get more for less.

Role: Hub Accountant (Internal Candidates Only)

Department: Finance

Locations: Mwanza, Tanzania

Reporting:

Regional Finance Manager

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Country Accountant

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Hub Accountant

Direct Reports: None

Duties & Responsibilities

• Prepare and analyze multiple location performance reports and share with different stakeholders for tracking, performance and decision making
• Prepare and analyze hub variances from the budget and report significant issues to management
• Diagnose and resolve causes of inventory variances/discrepancies
• Collate, document and report all variances reported during receipt of goods from suppliers/ inter warehouse transfers and ensure proper adjustments are done after approvals
• Perform monthly stock reconciliations of physical counts against system for all categories of inventory /warehouses and highlight variances to management
• Oversee and coordinate physical inventory counts of goods (monthly and cycle counts) for all locations along with regular inspections to identify discrepancies or ways to improve inventory management
• Coordinate with warehouse team to implement and ensure proper control systems and procedures to reduce theft, damage, breakage and inventory obsolescence
• Regular review and reporting on Inventory aging analysis report and taking appropriate/recommended actions
• Handle and document approved non-routine inventory transactions i.e. stock adjustments
• Reconcile cash received against sales for each sales location and match with the numbers in the accounting system
• Review, validate and provide reports on vehicle utilization, consumption in the hub and it’s spokes
• Match purchase orders with invoices, delivery notes, goods received notes
• Maintain accurate records of invoices, payments and credit notes on the accounting system
• Maintenance of hub petty cash to support operations
• Ensure proper record keeping and storage of all invoices, petty cash, credit notes and purchase return records

Requirements

The successful candidate will possess:

• 3+ years of bookkeeping experience, preferably in manufacturing or retail, at a company with multi location operations with over $100,000 in annual turnover, or a leading regional or international accounting firm
• Degree in Finance, Accounting or Business Administration
• CPA Section II or equivalent will be an added advantage
• Excellent accounting software user and administration skills, preferably SAP
• Strategic thinker who possesses solid business acumen and is able to organize and manage multiple priorities.
• Exceptional verbal and written communications skills and the ability to interact effectively with others, both internally and externally.
• Excellent time management skills, with the ability to perform multiple tasks and meet critical deadlines while maintaining accuracy and quality.
• Proven ability to make complex and time-sensitive decisions in the best interests of the organization.
• Have a high degree of accuracy and attention to detail
• Fluency in English (both oral and written) and the ability to communicate with sophistication within a business setting