Sr Accountant - General Ledger
Posted on :
20-04-2024
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1 Vacancy
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Job Description
- Preparing separate and consolidated financial statements in compliance with IAS/IFRS, and Company policies and maintaining consistency relating to all financial matters
- Support month-end closing, ensuring books are complete and timely closed, variance analysis, and reporting
- Ensure adherence of the team with financial policies and procedures set out by the Line Manager
- Monitor and review monthly T.B to control and rectify any errors or irregular transactions before the agreed timelines
- Ensure accuracy and adherence with Company timelines for Monthly Financial Reporting. Prepare, review and submit Prepayments, Accruals, and other GL schedules as per the set timelines
- Preparing Related Parties and Inter-company reconciliations
- Monitoring and making sure that all balance sheet schedules are updated by the assigned team, uploaded to the shared drive, and signed wherever required, across all regions as per closing timelines
- Support the proper completion of external and internal audit engagements in a timely manner and resolve the queries raised by auditors
- Coordinating Tax compliance at the company level
- Ensure compliance with tax regulation (including team guidance, preparation, and processing of CIT & Zakat, ICV, WHT, VAT, ESR, CBCR, Transfer Pricing, and other regulatory filings and payments) in a timely manner, across all regions
- Preparing and submitting periodic Tax Returns in accordance with Tax laws
- Assist local teams in the implementation of new tax laws
- Identifying the compliance issues within the business processes, escalating to the relevant senior stakeholders, and ensuring proper safeguards are in place
- Reviewing major contracts of the company and ensuring proper implementation and adherence to the contract by all the stakeholders
- Collaborate with other departments and internal audit teams to direct compliance issues to appropriate channels for investigation and resolutions
- Maintain develop and revise financial policies and procedures periodically to ensure that required changes in business processes are covered in the policies and procedure manuals
- Provide support in the audit process as required, through the provision of accounting and financial data and reports and assist in implementing and following up on the audit actions in order to ensure compliance with the required standards and accounting regulations
- Assist in preparing the monthly entity financial statements for the organization each within a defined timetable to ensure accurate data is provided to the line manager
- Monitor and submit daily/weekly/monthly reports as per timelines agreed on Balance Schedules / Bank Reconciliations, Related Party Reports.
- Scrutinize the P&L and Balance sheet accounts monthly and analyze for discrepancies, and variances and implement corrective actions.
- Liaise with and provide all relevant information to Internal and External Auditors
- Making sure that audited financials are finalized and singed-off as per the timelines agreed with the group.
- Provide support to internal stakeholders including guidance/training on accounting, taxation, and compliance.
- Develop proactive working relationships with external stakeholders including Tax Authorities, Auditors, and Consultants.
- Develop weekly workload planning schedules in conjunction with the line manager, taking a proactive approach to tasks, to efficiently manage own workload
- Develop the workload plan for the assigned area of accounting and monitor its implementation to ensure adherence to the plan and modifications as necessary
- Any other job assigned by the Line Manager.
Employment Type
Full Time
Company Industry
Department / Functional Area
Key Skills
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