Accountant

Overview

Job description

Payable Management

• Creating Vendor code in ERP and managing Vendor documents in Physical and Soft Copy

• Validating the Vendor invoice posting for non-trading vendors.

• Ensuring compliance of company policy for Trading invoice posting

• Processing Vendor Invoice

• Managing vendor Payable ageing, making payment plan along with company cash Flow

• Processing Vendor payment through Bank Transfer

• Processing Vendor payment through Trust Receipt

• Sending the Payment docket to MD for approval

• Sending Payment details to Supplier’s post processing

• Making sure all the CN from Suppliers are accurately booked. (Account, Cost centre, Vendor)

• Getting Vendor Reconciliation done on frequent basis

Cash Flow Management

• Updating Cash Flow on daily basis

• Ensuring all the banking transactions are booked every day

• Bank Reconciliation on Weekly basis

• Ensuring all cheque books are in stock to avoid delays in releasing the payments.

• Keep a check on the bank balances in all the banks accounts across the region and Initiating transfer to Main account for payment processing.

Expense Management

• Utility expenses are booked accurately and timely manner, Accrual of expenses on monthly basis for Month end closing.

• Prepaid Expenses: Identification, Booking, Cost centre, Expense Ledger, monthly Write off.

• Petty Cash Expenses: Store petty cash Expenses are accurately booked in correct account & with correct cost centre.

• Non-Trading Expenses are booked with 100% accuracy as to Timeliness, accuracy, Ledger, Cost centre.

• Checking all expenses for Month end closing and ensuring accrual of expenses most accurately.

Compliance and Assurance

• Ensure all the VAT booking is done correctly and timely recording.

• VAT return preparation and reconciliation.

• Filling of VAT return with FTA, BAH and OMAN well before timeline.

• Making Monthly PL for review of Store level, Division Level, Country level and Group Level PL

• Making Schedules for Half Yearly and Annual Closing and AUDIT.

• Coordinating with Auditors and assisting in completing Audit within time.

• Looking into Bank Requirements for Quarterly, Half Yearly and Annual Documents submission for annual Limits Renewal.

Payroll Processing

• Booking of Monthly Salary for all Regions

• Ensure banking and WPS transfers on monthly basis

• Allocation of Entries in all the Staff Payable and Accrual ledgers.

• Booking of Full and Final, Transfer to Bank accounts

• Processing of Annual leave salary, booking on monthly basis.
• Managing GOSI portal

Receivable Management

• Review of Receivable ageing report.

• Strict control on outstanding customers and managing with Collections team for timely collections.

Training

• Training team on new changes in accounting and legal compliances.

• Making changes in the activities of team on routine basis so they get opportunity in working for all the areas of operations.

• Identification of Key capabilities for each staff member and utilizing this to the best and making them champions of their roles.

Reporting

• Making Monthly Sales report for Management review

• Sending details to malls for monthly sales

• Keep track of submission for Annual sales certificate to malls

Experience & Skills

Essential

6+ year’s exp.as Accountant

Should be Bilingual(English&Arabic)

Skills

• Must have team reporting to him/her
• Trading company is very important with multiple stores, to understand and control the store operations for backend.
• Controlling & Understanding complete lifecycle of accounts function is very important.
• CA by background will be added advantage Ability to gather large amounts of data and convert it into meaningful analysis.
• ERP working is must and preferable Microsoft Dynamics

Keywords

• Accounting

Job roles

• Accounting