Overview

Cost Accountant Jobs in Sharjah at Lucky Engineering Services

Title: Cost Accountant

Company: Lucky Engineering Services

Location: Sharjah

JOB SUMMARY (Major functions of the position)

Own the AP/Payroll processes across the company.

Record and update suppliers’ invoices.

Record of all contract cost and ensure the cost being recorded as per company policy.

Preparation of payments, cheques, bank transfer, BOE etc.

Check and record settlement for employee dues.

Recording and reconciliation of intercompany transactions.

Processing of payment of utilities and other bills.

Processing subcontractors/suppliers/client payment and keeping record of payment

Reconsolidate all suppliers account and balance of confirmation for audit

Providing information to external auditor as directed by Senior Management.

Maintaining general ledger and sub ledger accounts.

Reimbursement of petty cash and keeping confirmations from recipients.

Assist in year-end closing and audits accruals, reserve analysis and intercompany transactions and reconciliations.

Perform bank reconciliations, related entries, and report Daily cash balances.

Create timely and accurate accounting reports and present them to company’s executives and senior management including schedules and commentary with respect to operating results and variances, preparation of operational information and ad hoc reporting as required

Develop recommendations to optimize company’s accounting systems and procedures and detect inaccuracies

Support and consult company’s personnel on accounting control procedures

Supervise accounting assistants and bookkeepers٫ plan their work and assign tasks

Ensure that accounting procedures comply with GAAP requirements

Compare results to forecast, budget or prior periods, investigate any significant or unusual variances and determine the appropriate adjustments

Participate or lead various projects and tasks as required based on business needs, including developing modeling tools and procedures for examining and understanding financial data and provide credible recommendations relative to the data

System improvements and implementations: Evaluate and make recommendations for improvements to the global accounting systems and related tools to support the Company’s strategic needs and improve internal controls and the reliability of financial information.

Participate in upgrades and continued development of the financial accounting systems and stay aware of new trends and products that could be recommended to improve the operational effectiveness of the global finance and accounting team.

Property, Plant & Equipment –The Accountant will oversee the accounting functions of purchasing, disposing, tracking and depreciating all property, plant and equipment. The Accountant will review and reconcile accounts within Workday.

Provide assistance in the record retention process, involving specific accounting reports and records.

The Accountant will perform other ad hoc tasks, as assigned.

Maintains strictest confidentiality.

Develops and maintains financial management information systems and corrects errors.

Tracks Telephone, Salik and Utilities payments . Take corrective action on Overusage

Perform ad hoc analyses of issues to support management inquiries for revenue and expenses, all performed within time sensitive deadlines and with a high degree of attention to detail.

Responds to questions and solves problems as requested by department managers. This includes responding to questions or problems pertaining to the monthly Vision performance reports, as well as all supporting reports used by department managers to supervise revenue…

About Lucky Engineering Services