Senior Accountant CHICKEN Tonight

Location: Kampala.
Department: Finance and Accounting
Reports to: Head of Finance
Deadline for application: 15th February 2025
Vacancies: 1
ABOUT THE COMPANY: Chickentonight is a Ugandan Quick Service Restaurant chain with a heritage and
customer trust spanning over 20 years, boosting of a network of thirteen (13) branches.
Job description Summary:
The Senior Accountant will oversee the financial operations and reporting of the restaurant’s business
activities, ensuring compliance with accounting standards, financial accuracy, and operational efficiency.
This role requires a strong understanding of the hospitality industry, attention to detail, and the ability to work
in a fast-paced environment.
Key Roles and Responsibilities:
1. Financial Management and Reporting:
 Prepare, examine and analyse accounting records, financial statements, and other financial reports
to assess accuracy, completeness, and conformance to reporting and procedural standards.
 Generate monthly, quarterly, and annual financial reports, including balance sheets, income
statements, and cash flow statements.
 Ensure timely and accurate month-end and year-end closing processes.=
 Analyzing key financial data and advising senior management on strategic planning.
 Study the branch P&L and ensure costs are within minimum
 Manage general ledger activities and perform reconciliations for accounts such as bank accounts,
payroll, and inventory.
 Oversee the preparation of profit and loss statements and balance sheets for individual outlets and
the overall company.
 Review and management of petty cash expenditure at branch level
 Conduct risk assessment and advise on ways to minimize risk
2. Budgeting and Forecasting:
 Develop and monitor budgets in collaboration with all stakeholders.
 Provide weekly and monthly financial forecasting and insights to aid in decision-making.
 Track and analyse key financial metrics, including food costs, labour costs, and overhead.
 Review budget proposals and prepare necessary supporting documentation and justification.
 Monitor budget implementation and progress, providing regular updates to management.
3. Accounts Payable and Receivable:
 Supervise accounts payable and accounts receivable processes, ensuring timely and accurate
payments and collections.
 Review vendor contracts, invoices, and payments for accuracy and compliance.
4. Cost Control and Inventory Management:
 Develop and maintain cost accounting systems to provide accurate cost information.
 Conduct detailed cost analysis to identify cost-saving opportunities and recommend actionable
measures.
 Monitor and analyze budget variances and report significant issues to management.
 Work with various departments to ensure cost-effective operations and processes (Supply chain and
branches)

 Monitor overall usage of packaging materials
 Work with operations teams to manage and reduce food and beverage costs.
 Implement and monitor inventory control measures to prevent losses.
 Wastage management
 Conduct periodic inventory audits to ensure accuracy and accountability.
5.Internal Controls and process management:
 Develop, implement, and monitor internal controls to safeguard assets and ensure financial accuracy.
 Identify areas for process improvements within the accounting and supply chain function and
implement best practices.
 Participate in the development and enhancement of accounting policies and procedures.
 Train and mentor junior accounting staff on best practices and company policies.
 Ensure compliance with local, state, and government reporting requirements and tax filings.
 Maintain an up-to-date Asset register
 Ensure an UpToDate Menu costing
 Monitor stock take and ensure accurate postings in the system.
 Manage central stores and kitchen inventory movements, Month end stock takes for the whole chain
 Report and resolve any inventory variances arising from Central stores and the kitchen.
 Oversee the semi processed goods production.
6. Compliance and Audit:
 Ensure compliance with local tax regulations and file accurate tax returns (e.g., VAT, PAYE,
corporate tax).
 Prepare and support internal and external audits.
 Stay updated with changes in accounting and tax laws relevant to the hospitality industry.
7. Team Collaboration and Leadership:
 Provide guidance to junior accounting staff and ensure accurate bookkeeping practices.
 Collaborate with restaurant managers to streamline operational financial processes.

JOB SPECIFICATIONS AND MINIMUM QUALIFICATIONS;

A Bachelor’s Degree in Business Administration, Finance, Commerce,Accounting, Auditing, or other
relevant field
 Professional qualification such as CPA, ACCA (MUST HAVE COMPLETED ALL LEVELS)
 A minimum of (5) five years of related work experience in a FinancialManagement related environment,
one of which should have been attained in Management Accounting in a reputable organization
 In depth understanding of International Financial Reporting Standards (IFRS).
 Proficiency in ERP (e.g. SAGE), MS Packages (MS Word, Excel,PowerPoint) and financial modelling
 Ability to work independently with minimal supervision
 Track record of leading functional teams/units
 Great attention to detail
 Highly innovative and with a proven high level of integrity;
 Good communication and presentation skills at a senior level
 Excellent time management, analytical skills and strategic planningabilities
 Capable of working under pressure to meet tight deadlines
 Ability to work independently, proactively and in a team to deliverthe business;
 Good track record of outstanding performance;
 Excellent interpersonal and communication skills;
 Excellent administrative and negotiation skills;
 Confident and dynamic personality
 Business Acumen