The Accountant will play a pivotal role in managing the organization's financial health by ensuring precise record-keeping, accurate reporting, and compliance with local and international accounting standards. This role demands strong technical skills, analytical capabilities, and a detail-oriented approach to maintaining financial integrity.
### Key Responsibilities
1. Bookkeeping and General Ledger Management
• Maintain and update accurate records of all financial transactions.
• Ensure all journal entries comply with accounting principles and company policies.
• Regularly review and reconcile the general ledger to maintain data accuracy.
2. Accounts Payable
• Process, verify, and reconcile vendor invoices.
• Manage payment schedules to ensure timely disbursements.
• Maintain records of supplier agreements and manage disputes or discrepancies.
3. Accounts Receivable
• Generate and issue invoices to clients.
• Monitor and follow up on outstanding payments to ensure timely collections.
• Manage customer accounts and resolve payment-related issues.
4. Financial Reporting
• Prepare detailed monthly, quarterly, and annual financial statements, including balance sheets, income statements, and cash flow statements.
• Provide insights and recommendations based on financial analysis and reporting.
5. Bank and Cash Reconciliation
• Reconcile bank statements with financial records on a regular basis.
• Investigate and resolve any discrepancies promptly.
6. Tax Compliance and Regulatory Reporting
• Prepare and file tax returns (e.g., VAT) in compliance with local tax laws and regulations.
• Stay updated on changes in tax laws and implement necessary adjustments in accounting practices.
7. Budgeting and Forecasting
• Assist in the development of annual budgets and periodic forecasts.
• Monitor budgetary performance and highlight deviations to management.
8. Audit Support
• Collaborate with internal and external auditors by providing accurate documentation and explanations.
• Address audit findings and implement recommendations to strengthen internal controls.
Requirements
• Bachelor's degree in Accounting, Finance, or a related field (mandatory).
• ACCA, CPA, CMA, or equivalent certification (preferred).
• Expertise in Microsoft Business Central 365 or similar accounting software.
• Strong knowledge of IFRS and local financial regulations.
• In-depth understanding of VAT regulations and compliance requirements.
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