General Accounting - Specialist

You as a General Accounting - Specialist (Open) will be part of Hitachi Energy business based in Manama, Bahrain. You will be responsible for processing accounting transactions for Finance and Accounts in a complete, accurate and timely manner while ensuring compliance with internal guidelines and procedures and external regulatory requirements. Responsible mainly for fiduciary and statutory reporting for UAE with support to Qatar, Oman, Pakistan, Kuwait, Jordan as necessary.

Your Responsibilities

• ABACUS reporting co-ordination with CSS and local front office responsibility for cluster countries.
• Ensure adequate Internal Controls in place.
• Review of Analyzer output after reporting vs SAP, review of main KPIs
• Controllers query review and co-ordination with CSS for re-reporting
• Closely work with controllers, especially in the month end to follow up and close the books on time.
• Balance sheet review with business controllers, file & MOM preparation follow up on actions.
• Statutory / Group / ICV audit co-ordination with CSS, business controllers, providing schedules & reconciliation with books etc.
• Review of Result analysis mainly accounts SIE, BIE, CTC, WIP, LOP, controlling, allocation, error analysis and resolution.
• POC (percentage of completion) / Billing in excess reports review
• Review of IG related group transactions reporting
• AR aging / overdue / collection review & reporting
• Lease accounting concept overview & accounting treatment under IFRS
• Review & process of requests on asset creation / disposal / write off / counting.
• HR vs FI reconciliation review with hub and advise on employee related accruals & reporting.
• CECL (Current expected credit loss) working review.
• Tax including DTA calculation to agree with Tax manager & Tax consultant.
• Tax audit support in provision schedules & answering tax queries by government authority.
• VAT authorities queries FI related transaction support from front office.
• Bank guarantee reconciliation / review / reporting
• Awareness on migration related activity within SAP environment
• Ensuring an up to date understanding of local finance fiduciary duties.
• Maintaining a register of local finance fiduciary duties. Maintaining a mapping of local finance fiduciary duties into the function delivery organization clearly showing responsibilities for delivering the demand
• Working closely with the GBS finance Front office manager and general accounting manager in defining and securing the delivery of the local finance fiduciary duties.
• Preparing local GAAP reporting (in close cooperation with GBS Finance general accounting), including preparation of finance related information for relevant legal entity governing body meetings e.g. board meetings.
• Compiling with local statutory GAAP reporting within the timeline required by the company and local laws.
• Securing timely local filings as per local legal requirements.
• Supporting or act as local contact person for external auditors.
• Living Hitachi Energy’s core values of safety and integrity, which means taking responsibility for your own actions while caring for your colleagues and the business.