Job title: Senior Accountant
Company: Genesis Executive Search
Job description: Job Description :The Senior Accountant plays a pivotal role in ensuring accurate financial reporting and maintaining financial integrity within the organization. Responsible for overseeing various accounting functions, this position requires strong analytical skills, attention to detail, and the ability to collaborate across departments.Role & Responsibilities
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- Ensure all purchase invoices are verified and correctly accounted in the system.
- Ensure all payment requests are approved by respective managers and settled timely.
- Process payments in the accounting system and match against the respective invoices.
- Ensure correct hedging rates are processed for payments in foreign currency. To ensure timely receipt of final hedged rates in the system.
- Weekly and Monthly Reporting of Creditors’ ageing report with status update and explanations.
- Preparation of reconciliation report with documentation and explanations of variances.
- Follow-up with vendors to receive confirmation of their balances and transactions.
- Investigating and resolving the account discrepancies.
- Verify, record, allocate, and post the bank receipts. Communications with the customers on the payment schedule and allocations.
- Ensure correct hedging rate are processed for collections/receipts in foreign currency. To ensure timely receipt of final hedged rates in the system.
- Weekly and Monthly Reporting of Debtors ageing report with status update and explanations.
- Calculation and recording of late interest payments of group customers as per the group policy.
- Send monthly statements to customers.
- Latest date to input all receipts from customers is 1st working day M+1 / ensure all entries are
- made accurately in the accounting system.
- Check and match the receipts in the bank statements against the accounting system records.
- Monthly Reconciliation:
- Preparation of reconciliation report with documentation and explanations of variances.
- Follow-up with customers to receive the confirmation of their balances and transactions.
- Investigating and resolving the account discrepancies.
- Check that the accounting system settings are as per agreement and approved sheets (payment terms, currency, group or non-group, etc.)
- Handling requests from Auditors for all debtors and payables-related queries. Assist with audit preparations and documentations.
- Self-evaluation of Internal Audit (as per group policy) for the department.
- Identify deficiencies and improvements + propose initiatives to improve current & new processes and procedures.
- Preparation of blackline reporting justifications.
- Support on preparation and support of tax return documentations for FTA.
- Act as a back-up for other accounting tasks when required.
Requirements
- Bachelor’s degree in Accountancy.
- Strong expertise in AR and AP.
- Proven ability to manage high volume of transactions efficiently.
- Advance MS Excel Skill.
- CPA / CMA / CA qualification (or equivalent).
- Microsoft D365 ERP experience.
Expected salary: 12000 per month
Location: Dubai
Job date: Sat, 03 May 2025 04:46:52 GMT
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