Accounts Supervisor – Al Medina (Bi-lingual)

Role Purpose:

Financial Accounting: Handle all aspect of accounting cycle from booking a transaction to closing the books.

Accountabilities:

• Preparation of monthly management reports and accompanying schedules, worksheets and make adjustments according to monthly closing schedule.
• Monitoring and preparing a daily basis company cash flow and forecast to support immediate and future funding needs.
• Submitting the company trial balance to the external auditors and ensure getting all the audit requirements ready and submitted within the planned timeframe.
• Review and approve all the payments of company including staff expenses, supplier payments, etc. in line with authority matrix to ensure timely accurate payments prior to approval of the Regional Manager.
• Manage day to day financial operations with regards to financial accounting including accounts receivable, accounts payable, general ledger, inventory, cash flow projections, revenue accounting and contribute to overall financial results.
• Review complete payroll function including end of service, vacation calculations and verification of deductions.
• Maintain and update monthly accruals, provision for vacation & EOS, prepaid and revenue recognition.
• Assists in preparation of a yearly budget which includes staff costs, sales and other administrative costs.
• General ledger management and reconciliations at account level and period end processing. Perform journal entries as per established and statutory accounting standards.
• Manage accounting and billing team to complete assigned accounting tasks within deadlines
• Analyzing financial statements to ensure accuracy and compliance with generally accepted accounting practices.
• Identifying potential cash flow problems and financial irregularities.
• Liaising with department heads to ensure that each department remains within budget.
• Accurately preparing tax returns and ensuring that company taxes are paid in a timely manner.
• Performing reconciliations of general ledger accounts.
• Supervising and providing overall guidance to account clerk(s) as well as junior accounting staff(s), if applicable
• Do any assignment(s) as recommended by the Management from any location.

Qualification and Experience:

• Bachelor’s degree in accounting. 7 – 10 years’ experience.
• Mandatory Accounting qualification (CA / CPA / ACCA / CMA or others)

Knowledge and Skills:

• Excellent knowledge in Microsoft Excel.
• SAP
• Proficiency in English