Key Responsibilities:
Oversee and manage all accounting transactions.
Prepare and publish financial statements timely and monitor budget forecasts.
Handle monthly, quarterly, and yearly financial closings.
Ensure timely processing of bank payments and file tax returns accurately.
Manage balance sheets and evaluate reports on financial health, liquidity, and cash flow.
Maintain confidentiality of financial data and conduct data backups.
Job Requirements:
Financial Management & Reporting:
Manage daily financial transactions for all e-commerce sales channels (e.g., online store, third-party platforms).
Prepare and maintain accurate records of all online sales, returns, and inventory.
Reconcile e-commerce accounts to ensure accuracy and completeness.
Generate monthly, quarterly, and annual financial reports for senior management.
Inventory & Cost of Goods Sold (COGS) Management:
Track inventory levels and costs, ensuring alignment with online sales data.
Maintain accurate records of purchases, sales, and inventory valuation.
Calculate and report on COGS and gross profit margins for e-commerce sales.
Tax Compliance:
Ensure accurate sales tax collection, filing, and remittance for online transactions.
Keep up-to-date with the tax regulations and rates in different markets.
Prepare necessary documents for tax audits or inquiries related to e-commerce sales.
E-Commerce Platform Integration:
Work closely with the e-commerce team to integrate accounting processes with various online selling platforms (e.g., Shopify, Amazon, eBay).
Ensure that financial data from different platforms is correctly captured and reconciled.
Payment Processing & Reconciliation:
Oversee payment processing systems, ensuring smooth transactions and accurate payment tracking.
Reconcile daily e-commerce payments from credit cards, PayPal, and other payment gateways.
Analysis & Forecasting:
Analyze financial performance trends for e-commerce channels and provide actionable insights.
Assist with forecasting and budgeting for future online sales growth.
Compliance & Internal Controls:
Ensure compliance with financial regulations, company policies, and industry standards.
Help develop and maintain internal controls and best practices for e-commerce accounting operations.