Accountant
4 days ago
**Looking for Accounts Manager.**
1. Minimum 6 years plus experience
2. Must have team reporting to him/her with minimum 3-4 people
3. Trading company is very important with multiple stores, to understand and control the store operations for backend.
4. Controlling & Understanding complete lifecycle of accounts function is very important.
5. CA by background will be added advantage.
6. ERP working is must and preferable Microsoft Dynamics
**Job Profile**:
**Payable Management**
- Creating Vendor code in ERP and managing Vendor documents in Physical and Soft Copy
- Validating the Vendor invoice posting for non-trading vendors.
- Ensuring compliance of company policy for Trading invoice posting
- Processing Vendor Invoice
- Managing vendor Payable ageing, making payment plan along with company cash Flow
- Processing Vendor payment through Bank Transfer
- Processing Vendor payment through Trust Receipt
- Sending the Payment docket to MD for approval
- Sending Payment details to Supplier’s post processing
- Making sure all the CN from Suppliers are accurately booked. (Account, Cost centre, Vendor)
- Getting Vendor Reconciliation done on frequent basis
**Cash Flow Management**
- Updating Cash Flow on daily basis
- Ensuring all the banking transactions are booked every day
- Bank Reconciliation on Weekly basis
- Ensuring all cheque books are in stock to avoid delays in releasing the payments.
- Keep a check on the bank balances in all the banks accounts across the region and Initiating transfer to Main account for payment processing.
**Expense Management**
- Utility expenses are booked accurately and timely manner, Accrual of expenses on monthly basis for Month end closing.
- Prepaid Expenses: Identification, Booking, Cost centre, Expense Ledger, monthly Write off.
- Petty Cash Expenses: Store petty cash Expenses are accurately booked in correct account & with correct cost centre.
- Non-Trading Expenses are booked with 100% accuracy as to Timeliness, accuracy, Ledger, Cost centre.
- Checking all expenses for Month end closing and ensuring accrual of expenses most accurately.
**Compliance and Assurance**
- Ensure all the VAT booking is done correctly and timely recording.
- VAT return preparation and reconciliation.
- Filling of VAT return with FTA, BAH and OMAN well before timeline.
- Making Monthly PL for review of Store level, Division Level, Country level and Group Level PL
- Making Schedules for Half Yearly and Annual Closing and AUDIT.
- Coordinating with Auditors and assisting in completing Audit within time.
- Looking into Bank Requirements for Quarterly, Half Yearly and Annual Documents submission for annual Limits Renewal.
**Payroll Processing**
- Booking of Monthly Salary for all Regions
- Ensure banking and WPS transfers on monthly basis
- Allocation of Entries in all the Staff Payable and Accrual ledgers.
- Booking of Full and Final, Transfer to Bank accounts
- Processing of Annual leave salary, booking on monthly basis.
**Receivable Management**
- Review of Receivable ageing report.
- Strict control on outstanding customers and managing with Collections team for timely collections.
**Training**
- Training team on new changes in accounting and legal compliances.
- Making changes in the activities of team on routine basis so they get opportunity in working for all the areas of operations.
- Identification of Key capabilities for each staff member and utilising this to the best and making them champions of their roles.
**Reporting**
- Making Monthly Sales report for Management review
- Sending details to malls for monthly sales
- Keep track of submission for Annual sales certificate to malls
**Job Types**: Full-time, Permanent
**Salary**: ﷼8,000.00 - ﷼12,000.00 per month
**Experience**:
- Accounting in Retail: 6 years (required)
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