Senior Accountant

Abu Dhabi, United Arab Emirates
Competitive salary
16 Jun 2019
19 Jun 2019
Job role
Handle all activities for the accounts payable, accounts receivable and general ledger as well as financial reporting functions. Maintain and balance subsidiary accounts by verifying, allocating, posting, reconciling transactions, resolving discrepancies. Maintain general ledger by transferring subsidiary accounts, preparing a trial balance and reconciling entries. Summarize financial status by collecting information, preparing balance sheet, profit and loss, and other statements.
Prepare and record daily asset, liability, revenue, and expenses entries by compiling and analyzing account information, showing all receipts and payments to and from the current account and overdraft accounts, incorporating all transactions related to LC (letter of credit), TR (transfer receipts) STL (short-term loan) account and term loan account along with maturity dates and reconciling with banks.
Pay invoices by verifying transaction information, scheduling and preparing disbursements, obtaining authorization of payment from the CFO, ensuring timely payments. Enter all invoices for supply of material and services (except body raw materials and shipping services) into SAP. Monitor all un-invoiced DNs (delivery notes) for LC (letter of credit) or CAD (cash against document) transactions on a weekly basis. Monitor, analyze and control customer balances including ageing of debtors. Circulate age AR (accounts receivable) report to all Area Sales Managers and Head of Sales for follow-up with the respective customer for payment. Forward customer balance confirmation certificates to all customers and affiliated companies on a quarterly, semi-annual and annual basis, reconciliation any potential differences between customer and company records.
Prepare the content, analyses and management information reports, Management Pack, Schedules and quantitative analysis, MIS and the monthly MMR (monthly management review) on a timely basis.
Prepare the year-end audit schedule and activities by ensuring all cash receipts, inward remittance, issues and returns of materials are properly coded, valued and entered accurately and in a timely manner. Complete external audit by analyzing and scheduling general ledger accounts; providing information for auditors.
Adhere to internal controls and ensure compliance to all processes and controls.