Financial Accounting, Monthly Closing and Reconciliation
Record journal entries in Oracle on day-to-day basis
Prepare month-end journal entries to record transactions, accruals, and adjustments.
Execute all the closing activities on a monthly basis in line with accounting policies and procedures to ensure transactions are recorded accurately and reflect the financial standing.
Prepare bank reconciliations and investigate reconciling items
Generate TB and GL from Oracle
Prepare management Accounts and supporting schedules
Prepare cash position on agreed intervals
Provide group reporting requirement timely manner
Timely obtain MTM.
Payment Processing
Prepare PR and PO in Oracle following procurement policy
Process all payments as per contracts considering invoice receipt date
Prepare PI (Payment Instructions) or cheque upon approval of invoices and get PI signed as per approved bank signatory authority matrix
Liaise with Account Banks to process payments and Follow up with Account Banks for timely execution of payments / transfer of funds and resolve issues
Prepare a payment plan, list of contacts and list of bank transfer details
Procure timely SWIFTS from Account Banks and share with the beneficiaries
Maintain good relationship with DEWA.
Audit
Work and liaise as audit co-ordinator with external auditors
Assist in the completion of audits by ensuring all the requested information is provided timely as per the set deadlines
Prepare financial statements and support workings
Escalate issues to line manager for guidance and resolution
Record Keeping
Responsible to maintain records of documents, invoices, necessary correspondence and agreements. It includes records of soft copies on the server as well as hardcopies (e.g. signed documents)
Retrieve the hardcopy documents as and when requested and ensure that files remain updated
Maintain a log in excel for hard copy documents
Admin and HR matters
Day to day contact person for admin dept for follow up on payments
Ensure admin expenses are approved and payments are processed timely following payment procedures including settlement of corporate credit cards
Ensure Admin staff selects the right category of transactions whilst raising PR and identify exceptions to be corrected
Petty Cash
Match invoices with petty cash summary sheet
Liaise with Admin Manager to discuss any discrepancies found and seek clarity
Ensure expenses are approved and summary sheet are signed / approved as per petty cash policy
Raise concerns/issues to line manager
Maintain the petty cash records
Perform cash counts
Policies, Processes, Systems & Procedures
Adhere to all relevant organisational and departmental policies, processes, standard operating procedures, and instructions so that work is carried out to the required standard and in a consistent manner.
Implement approved departmental policies, processes, and procedures, and ensure employee adherence.
Continuous Improvement Contribute in the identification and implementation of change initiatives, programmes, and projects in line with the organisation\'s standards. Intercompany reconciliation
Perform intercompany reconciliation on a regular basis
Maintain good relationship with staff members of intercompany
Value Added Tax
Timely submission of VAT return
Ensure invoices are complies with FTA regulations
Timely response to FTA inquiries.
Maintain good relationship with internal and external consultant.
Related Assignments Perform other related duties or assignments as directed. QUALIFICATIONS, EXPERIENCE, & SKILLS: Minimum Qualifications:
Bachelor degree in Accounting, Finance, or any related field along with a full or part qualified accountant (CPA, ACCA, CA)
Minimum Experience:
3-4 years of working experience. Experience in audit is preferable.
Knowledge of IFRS Accounting requirements is a must
Good business and financial analysis skills
Ability to work under pressure and to tight/challenging deadlines
Ability to work autonomously when required and to take additional responsibilities as they arise
Proactive rather than reactive and \'can do\' attitude.
Good communication and report writing skills
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