KEY DUTIES

1. DOCUMENT REALIZATIONS PROCESS

I.1.       Weekly processing of the documents for cashier and business advance closing from the stores, after approval; controlling the POS movements of stores based on banks; and reporting of cashier end of period for previous month on the 15^th day of the month.

I.2.       Recording of the business advance closing documents of the store employees and regional directors to the accounting books after approved by the retailing management; reconciliation and reporting of business advances of the previous month on the 20^th day of the month.

I.3.       Filing of the receipts and other documents produced in the accounting as facilitating the auditors such as properly cut and stuck on A4 papers, establishing a well-organized archive system and keeping the legal documents systematically.

I.4.      Recording of invoices for goods purchasing and price differences of goods purchasing both domestic and abroad according to the accounting principles and financial legislation as well as issuing of invoices for price differences of goods purchasing;

I.5.      Creating the file costs of import and export based on cost details, creating unit prices by reflecting the costs to the stocks, update following up of the report for missing import products, obtaining consensus with import operations over the figures accumulated in the import advance accounts during period closing;

I.6.       Recording of invoices for service purchasing, price difference of service purchase and other activities according to the accounting principles and financial legislation, and issuing of invoices for price differences of service purchasing;

I.7.       Recording of invoices for wholesaling, returns of commercial goods and returns of wholesale both domestic and abroad according to the accounting principles and financial legislation;

I.8.       Recording of expenses’ lists both domestic and abroad according to the accounting principles and financial legislation;

I.9.       Recording of all banking transactions both in TL and foreign exchange according to the accounting principles and financial legislation, following up and controlling of banking expenses, point usage and POS commission rates, calculating and recording of exchange differences of foreign exchange bank accounts at ends of month, preparing of the report for credit card usage and cost control;

I.10.     Issuing, accrual and recording according to the accounting principles and financial legislation of the VAT returns;

I.11.     Issuing, accrual and recording according to the accounting principles and financial legislation of the withholding tax returns;

I.12.     Recording of payrolls according to the accounting principles and financial legislation;

I.13.    Transferring of purchase, returns from purchase, wholesale, returns from

wholesale, product converting and input from production operations at the stocks to the accounting records in order to ensure the compatibility between stocks and accounting program;

I.14.    Making cost and exchange difference accruals of the sources used from and used to the group companies, other companies and banks, issuing and recording of the exchange differences invoices;

I.15.     Printing and keeping of the official books and performing the system closings of the previous periods after the temporary declarations of 3 months are delivered;

I.16.     Daily recording of the stores cashier operations according to the accounting principles and financial legislation;

I.17.     Recording of the customers’ and companies’ check and bond operations according to the accounting principles and financial legislation and making consensuses thereof at the end of month;

I.18.     Following up the expenses to be invoiced account, issuing and recording of the invoices according to the accounting principles and financial legislation, making consensuses at the end of month;

I.19.     Making any and all expense accruals (electricity, water, telephone, fees, rentals, amortizations, expenses paid in advance) at the end of month and recording of the expenses based on the relevant month according to the accounting principles and financial legislation, and making consensuses at the end of month;

I.20.     Controlling, consensus and recording according to the accounting principles and financial legislation of the consignee accounts, sales and collections of Franchise vendors and making consensuses at the end of month;

I.21.     Making semi-annual reconciliations related to the foreign customers’ current accounts, ensuring the semi-annual reconciliations of domestic wholesale vendors, establishing the recording and following up system of the valuable documents such as termed bonds and letters of guarantee from customers and third parties, taking necessary actions and informing within the validity periods thereof;

I.22.    Reconciliation of accrual accounts at the end of month;

I.23.    Printing, following up and controlling of any printed materials;

I.24.     Filing of the receipts and other documents produced in the accounting as facilitating the auditors such as properly cut and stuck on A4 papers, establishing a well-organized archive system and keeping the legal documents systematically;

I.25.    Making and following up the insurance policies of the stores;

I.26.     Follow up procedures at government authorities;

I.27.    Definition of current account cards and profit margins, and cancelling of invoices. 

1. PAYMENT / COLLECTION PROCESS

II.1.     Making semiannual reconciliations with the suppliers in order to prevent multi payments;

II.2.     Informing the endorsement information to the Landlords, and planning of monthly rental payments;

II.3.     Following up, making and reconciliation of any regular payments such as rental, insurance, leasing, etc.;

II.4.     Following up, recording and reconciliation of letters of guarantee and blocked checks given to the Customs, landlords, courts and suppliers;

II.5.     Making reconciliation of the cash deposited by the stores with the banks.

III. FINANCIAL PLANNING PROCESS

III.1.    Realization of any bank payments and bank transfers, preparing and submitting to the relevant bank of the instructions for this purpose;

III.2.    Following up and closing of the Credit Commitments;

III.3.    Reconciliation of POS account of central warehouse;

III.4.    Consolidation of bank balances;

III.5.    Preparing extracts and controlling of cash deposited by the stores and contacting with the store who has cash but not deposited and have them deposited it;

III.6.    Entering the daily exchange rates.
At LC Waikiki, we take the time to review each and every application due to LC Waikiki prerequisites. If your application found appropriate we will contact you via phone or email: [email protected]

At LC Waikiki, we take the time to review each and every application due to LC Waikiki prerequisites. If your application found appropriate we will contact you via phone or email.