Senior Accountant
VSL Middle East
Total des années d'expérience :14 years, 1 Mois
• Enforce controls and accuracy of the accounts payable function
- Invoice review & recording, supplier reconciliation, GR/IR clearing
- Ensures related expenses are valid and approved
- Initiate supplier code creation in SAP
- Responsible for Fixed Asset code creation and posting related invoices
• In-charge of processing and issuing client invoicing
- Validates calculation of certified work
- Manages the posting of client and intragroup invoices
- Responsible for recording client receipts
- Ensures reconciliation of Client accounts against accounts receivable general ledger accounts
- Monitors and process inter-company charges
• Initiate payment and fund transfers through the online banking system
• Carry out month-end and year-end closure activities
- Ensures accrual of expenses for unposted supplier invoices
- Responsible for posting payroll entries
- Monitors and process inter-company charges
• Responsible for Import Letter of Credit application
• Manages monthly Withholding Tax filing for Qatar & Saudi entities and Quarterly VAT for UAE and Saudi entities
• Assists with audits by providing supporting records and documentation
Maintain general and subsidiary ledgers, accounts receivable, accounts payable revenue distribution, depreciation and operating expenses
Calculate the landed costs of purchases and updating inventory
Support in cash management, banking and implementation of the related ERP systems
Prepare statements and reports of estimated future costs and revenues
Assist in the preparation of MIS reports and accompanying schedules, worksheets and narratives, including “Budget vs Actual” variance reports
Assist in the development and implementation of goals, policies, priorities and procedures relating to financial management, budget and accounting
Duties and Responsibilities:
Ensures accurate and appropriate recording of revenues, expenses, accruals and assures financial records adhere to established controls, accounting principles and policies
Prepares and analyzes financial statements and monthly reports (including revenue and expense trend analysis)
Prepares and analyzes accounts reconciliations and advises manager of issues on the reconciliation and proposed solutions
Participates in the monthly financial results review discussions and periodical contract documentation presentations related to the projects
Evaluates current accounting processes and proposes improvements for operational efficiency
Assist with audits by providing supporting records and documentation
Record all transactions across all lines of business in an appropriate and accurate manner and in accordance with generally accepted International Accounting Standards (IAS & IFRS), Company Policies & Procedures
Ensure accurate and timely monthly and year end closures
Preparation and review of regular and ad hoc Management Information Reports
Compilation, review, analysis and reporting of Budget / Update inputs and liaison with all internal departments
Preparation of Financial Statements (Income Statement, Balance Sheet & Cash Flow Statements
Preparation of audit reports and schedules and liaison with the external auditors
Review and processing of Contracts, Purchase Orders, Business Cases, Note for Approval
Ensure smooth on-going operation of all finance systems
Report for insurance coverage
Manage monthly closing of books
Prepare and analyze Dubai office Monthly Report for financial reporting to management
Monthly review of cost of organization and provide narratives of unusual expenditures
Assist the Directors in managing investment portfolio i.e. real estate, bank deposit roll-over
Perform other ad-hoc management reports as required