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Accountant

Company: Lahab
Location: Abu Dhabi, UAE
CLOSES ON: 2020-02-26
Department: Finance
Direct reports: NA
Reports to: Finance Manager

OVERVIEW

To support the goals of finance department in execution of controls over recording and reporting of financial statements.

Education and Qualifications

Education

  • A bachelor degree in business administration or business accounting. Higher degree &/or public certification is a plus.

 

Qualifications and experience

  • 4 to 8 years of practical experience in the accounting field. Knowledge of Cost Accounting for manufacturing entities is a plus.
  • Fluent in English (Spoken & Written)
  • Self-starter, motivated, confident & open character 

Key skills

  • Knowledge of ERP structure (SAP, Oracle Financial, Microsoft AX, etc.)
  • Uses Microsoft Office tools (Excel, Word)

Chartered Accountant is a plus 

 

Core behavioural competencies

  • Result-orientation
  • Planning and organizing
  • Accountability, Attitudes and Ethics
  • Working together
  • Communication

Key Accountabilities

  • Prepares Purchase Journal vouchers and general journal vouchers.
  • Charges expenses to accounts and cost centers by analyzing invoice/expense reports; recording entries.
  • Maintains accounting ledgers by verifying and posting account transactions.
  • Reconciles processed work by verifying entries and comparing system reports to balances.
  • Maintains and secures the petty cash disbursements, cash control and petty cash statement preparation.
  • Updates statement of Outward letters of credit, loans, interest and Margin summery.
  • Prepares wire transfers/payment vouchers.
  • Updates Aging of Payables report and making settlement on timely manner.
  • Monitors payments and Credit Notes from Suppliers.
  • Completes the reports accurate and timely manner for monthly, quarterly and year end close.
  • Prepares for financial audit and coordinate the audit process.
  • Assists with implementing and maintaining internal financial controls and procedures
  • Prepares sales vouchers, receipt vouchers and general journal vouchers.
  • Updates status on Inward letters of credit.
  • Prepares sales invoice and other sales documents to be submitted against LC/Direct Remittance.
  • Updating sales register and order book.
  • Tracks issuances of receipts/cash /credit invoices, deposits.
  • Monitors receipts and invoices from customers.
  • Intense monitoring of accounts receivable.
  • Reconciles between bank and company accounts
  • Handles daily receipts, monthly revenue intake sheets, spreadsheet files.
  • Ensures that all monthly transactions are accurately recorded.
  • Updates revenue tracking sheets and reports.
  • Updates and maintains the company’s fixed asset reporting.
  • Ensures fixed asset recording is in accordance with capitalization and depreciation policies.
  • Maintains necessary asset paperwork/files.
  • Periodically audits fixed asset and small asset inventory on-site.
  • Develops inventory analysis reports and analyzing variances
  • Assist in the improvement in internal controls related to inventory
  • Monitor inventory transactions
  • Reconcile inventory accounts to the general ledger
  • Completes the reports accurate and timely manner for monthly, quarterly and year end close.
  • Prepares for financial audit and coordinate the audit process.
  • Assists as back-up to the Accounts Payable Clerk