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2 weeks ago
Job Title: Franchise Accounting Assistant Manager
The ideal candidate will be responsible for supporting the financial integrity of all franchise related transactions. The position requires a strong understanding of Franchise agreements, revenue sharing model and store level profitability.
- Prepare and review financial statements for accuracy and compliance.
- Issue monthly franchisee financial statements and prepare settlement reports.
- Ensure timely financial reporting, in accordance with the accounting standards.
- Record inventory adjustments and losses, analyze stock variances, and strengthen internal controls to minimize financial risks.
- Monitor franchise financial performance (profitability, cost monitoring, compliance).
- Coordinate with franchisees on financial matters and queries.
- Ensure proper treatment of financial entries.
- Maintain accurate franchise account balances (advances, deductions, and reimbursements)
- Assist in ensuring compliance with company policy, tax regulations, and franchise financial terms
- Supervise and train accounting assistants in handling franchise accounting transactions and franchise specific processes and reporting standards.
- Bachelors degree in Accounting, Finance or related course
- With at least three (3) years relevant Franchise Accounting experience, preferably with experience in Franchise Operations or Retail Accounting.
- Knowledge of existing ordinances, laws, restrictions, and legislations related to franchising
- CPA or non-CPA
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