Senior Accountant

Visa, Medical Insurance, Annual Leaves As Per Labour Law

Vacancy

1 Vacancy

Job Description

• Preparing and reviewing invoices for customers and vendors to ensure timely payment.
• Lead the month-end close process, ensuring all financial transactions are recorded accurately and on time to maintain operational efficiency.
• Conduct detailed variance analysis, identifying trends and discrepancies, and presenting actionable recommendations to management for improved financial performance.
• Manage accounts payable and receivable processes, including timely invoicing and follow-up for collections, to optimize cash flow and minimize outstanding debts.
• Oversee the preparation of tax returns and ensure compliance with local, state, and federal regulations to mitigate financial risks.
• Implement and monitor internal controls to safeguard company assets and enhance financial accuracy and integrity.
• Utilize accounting software and ERP systems to streamline financial processes, improve reporting accuracy, and enhance data analysis capabilities.
• Analyze business operations, trends, costs, revenues, financial commitments, and obligations to project future revenues and expenses or to provide advice.
• Develop, maintain, and analyze budgets, preparing periodic reports that compare budgeted costs to actual costs.
• Verify, allocate, post and reconcile accounts transactions and maintain transaction records.
• Provide internal and external auditing services for businesses or individuals.
• Prepare material requests, collect quotes, and make comparisons before sending LPO to vendors/suppliers.
• Prepare and verify purchase invoices and delivery notes.
• Compute taxes owed and prepare VAT returns, ensuring compliance with payment, reporting, or other tax requirements.
• Reconcile cash flow and cash balance including petty cash management.
• Reconcile bank statements; accounts receivable and payables.
• Daily updating of the bank register and related works (such as PDC clearance, CDC posting, bank charges).
• Maintain inter-company loan records.
• Prepare payment requests and arrange for cash or cheque release.
• Prepare invoices and statements of accounts for clients, suppliers, intercompany transactions, and vendors.

Desired Candidate Profile

• Bachelor’s degree in accounting, foreign accounting, or other professional qualifications such as ICWA, CMA, or ICA.
• Advanced computer skills in MS Office, accounting software, and databases.
• Ability to manage and interpret large amounts of data.
• Proven knowledge of bookkeeping and accounting principles, practices, standards, laws, and regulations.
• High attention to detail and accuracy.
• Minimum of 5 years of professional experience in the relevant field.

KHADAMAT CO.L.L.C