JOB PURPOSE:
The Accountant will be primarily responsible for interfacing directly with our customers throughout the GCC region and reconciling customer account receivable balances.
Reporting into the Head of Credit Control, the Accountant’s key duties will include emailing invoices to customers, reviewing and processing credit notes, reviewing daily cash receipts, allocating payments against specific transactions and generally maintaining monthly account reconciliations.
The role holder will have a strong head for numbers, MS Excel, PowerPoint and strong analytical skills. They will also have a broad accounting experience including handling account reconciliation and accounts receivables
The standard work hours are 40 hours per week with a little more during month and year-end close periods and when working on ad-hoc special projects.
KEY RESPONSIBILITIES:
Accounts Receivables:
- Set-up new customers in the Enterprise Resource Planning (ERP) system
- Maintain and organise support for customer remittances (wire & credit card payments)
- Prepares, reviews and mails customer statements and invoices
- Prepare monthly general and standard journal entries against received customer payments
- Identify and verify the validity of account discrepancies by obtaining and investigating information from customers and internal departments such as sales, hire desk and engineering
- Reconcile customer statements and correct discrepancies as necessary
- Review, prepare and process all credit note requests. Allocate all credit notes against original customer invoices
- Prepare, cost reports and various other accounting statements and reports. Provide interpretation of results if necessary
Credit Analyst:
- Prepare monthly Accounts Receivable Report in power point presentation.
- Prepare day sales outstanding (DSO)
- Prepare credit note and unallocated credit analysis
- Monitoring all the legal accounts
- Prepare all other reports and analysis required used to evaluate the credit standing of the customers
- Analysing client records and using the data to recommend payment plans
- Reconcile credit files and identify discrepancies and variances
Cash Management Support:
- Monitor and reconcile cash transactions to ensure that bank account balances are accurate. Report and investigate any unusual items
- Work with the depot management team to accurately forecast and tracks cash flow on a weekly, monthly and quarterly basis. Highlight and report on any cash trends and variances
- Prepare daily and weekly cash reports for each region
- Prepare regular bank reconciliations
- Coordinate and resolve bank queries
Monthly and Year End Close Support:
- Assist in the timely closing of monthly account by ensuring cash management and general ledger data is up to date
- Prepares and records assigned journal entries for monthly closing. Reconciles specified general ledger accounts. Reviews for accuracy and corrects posting entries
- Participate in preparing monthly, quarterly, semi-annually and annual financial closing and reports and work effectively with management and accounting teams
Other:
- Liaise with internal and external auditors. Provide supporting documentation, information and answers
- Assist in preparation and recording of cost recovery journals
- Assist in the budget preparation process
Job Details
| Posted Date: | 2021-09-01 |
| Job Location: | Dubai, United Arab Emirates |
| Job Role: | Accounting and Auditing |
| Company Industry: | Technical Maintenance & Repair; Heavy Industry & Metallurgy |
Preferred Candidate
| Career Level: | Mid Career |
| Degree: | Bachelor’s degree |
