Senior Accountant

Job Description Roles & Responsibilities General Ledger Compile and analyze financial information; ensure all expenditures are mapped to the correct account of individual company entities Ensure monthly recurring journal entries, such as prepayments, amortization, accruals, and provisions for slow-moving stocks and bad debts, are accounted properly. Substantiate financial transactions by auditing documents to ensure all are fully supported Ensure all required tasks for the monthly closing of the General Ledger module are completed within the agreed timelines Ensure accuracy of financial statements in accordance with GAAP, IFRS, IAS, and compliance to internal policies Responsible for General Ledger (GL) account reconciliations of individual company entities as assigned and bank account reconciliations of the group of entities; investigate and resolve financial discrepancies by collecting and analyzing account information Reconcile the financial statements prepared (Balance Sheet and P & L) with the MIS final monthly report Create monthly accounting reporting packs, including insightful commentaries relating to GL reconciliations Reporting, Budgeting & Financial Reviews Preparation of monthly & quarterly MIS reports Analyzing expenditure trends, investigating and highlighting abnormal variances to facilitate completion of MIS monthly/quarterly reports Resolve accounting discrepancies; perform accounts analyses with reasons on significant changes during the month as per the timetable, and report relevant information as necessary Make recommendations based on analyses to enhance financial reports and records Monitor LPO release for cost control Financial reconciliation reviews Taxation Accurately prepare monthly and quarterly VAT returns for VAT-registered entities Work closely with the Procurement Department for the allocation and reconciliation of VAT on imports as reflected in the Federal Tax Authority (FTA) portal Ensure VAT returns filing are done, and tax dues paid in a timely manner to prevent any penalty charges for delay Prepare VAT returns report schedules, ensure all monthly and quarterly tax reports are fully reconciled with the General Ledger, and maintain complete tax return database in preparation for tax audit by FTA Audit and Fixed Assets Work with the Line Manager and GL Team to ensure the smooth flow of internal/external audit by providing all the required documents/information in a timely manner Ensures the monthly closing of the Fixed Asset module is within the agreed timetable. Ensure all assets lying in the clearing account are capitalized/transferred to the main asset account. Desired Candidate Profile Qualified Accountant (CPA, ACCA, CA) with minimum 5 years relevant general accounting experience in construction or manufacturing environment. Sound understanding of accounting principles. Strong computerized accounting systems experience – ERP system, etc. Ability to accurately prepare daily, weekly, monthly, quarterly and annual reports. Strong analytical and problem-solving skills. Good communication and interpersonal skills. Expertise in Microsoft applications like Word, Advanced Excel and reasonable knowledge of PowerPoint. Employment Type Full Time Company Industry PlasticsRubber Department / Functional Area AccountsTaxationAuditCompany Secretary Keywords General Ledger AccountingGAAPIFRSIASGL ReconciliationsMIS ReportsVATVAT ReturnVAT FilingVAT AuditFixed AssetsOracle ERP System Get real-time job updates only on our App