Senior Accountant
3 days ago
**Job Title**:Senior Accountant - **Qatar on/Site**
**Company Overview**:
Futad is a Qatar-based innovative multimedia platform that specializes in creating cutting-edge technological experiences. We offer various innovative products, ranging from interactive kiosks to VR experiences. We are looking for a dynamic and highly strategic Senior Accountant to join our team in Qatar.
**Job Purpose**:
The Senior Accountant will be responsible for managing and overseeing financial operations, ensuring the accuracy of financial reporting, and contributing to the financial structuring of Futad's product lines. Starting with the company’s photobooth range, the Senior Accountant will help establish a solid financial foundation and create a detailed product knowledge base that supports future growth initiatives. This role involves ensuring compliance with local financial regulations, managing budgets, and providing strategic financial insights.
**Key Responsibilities**:
Financial Reporting & Compliance:
- Prepare and ensure timely submission of accurate monthly, quarterly, and annual financial statements.
- Ensure full compliance with Qatar's financial regulations, tax laws, and accounting standards.
- Lead audits and implement recommendations to strengthen financial reporting and controls.
Budgeting & Forecasting:
- Develop, monitor, and manage budgets for product lines, starting with photobooths.
- Prepare financial forecasts and perform variance analysis to support decision-making.
- Ensure budgetary compliance and alignment with Futad's strategic goals.
Accounts Payable & Receivable Management:
- Oversee and manage accounts payable and receivable to maintain smooth cash flow operations.
- Monitor payment schedules, reduce overdue payments, and improve collection efficiency.
Cash Flow & Treasury Management:
- Prepare and manage cash flow forecasts, ensuring sufficient liquidity for business operations.
- Optimize the use of working capital and manage relationships with banks and financial institutions.
Cost Control & Optimization:
- Identify opportunities for cost-saving measures and improve operational efficiency.
- Monitor expenses, track budget performance, and implement cost-control strategies.
Collaboration & Support:
- Work closely with other departments, including product development and marketing, to ensure financial alignment.
- Provide financial guidance and training to department heads on budgeting and cost management.
Strategic Financial Planning:
- Provide financial insights and strategic recommendations to senior management.
- Contribute to the lo
**Required Skills & Experience**:
- Minimum of 8 + years of relevant accounting experience, preferably in a technology, product-based, or service-driven environment.
- Strong knowledge of financial reporting standards, budgeting, and forecasting processes.
- Experience in managing general ledger functions, monthly closing processes, and preparation of financial statements.
- In-depth understanding of Qatar’s financial laws, tax regulations, and compliance requirements.
- Experience in handling VAT, corporate tax returns, and other regulatory filings.
- Ability to ensure full compliance with local and international financial regulations.
- Proficiency in accounting software (e.g., QuickBooks, SAP, Oracle) and financial reporting systems.
- Advanced skills in Microsoft Excel for financial modeling, data analysis, and reporting.
- Familiarity with ERP systems and experience in automating financial processes.
- Experience leading external audits and implementing audit recommendations.
- Ability to make sound financial decisions and recommendations based on detailed analysis and business objectives.
**Preferred Qualifications**:
- Bachelor's degree in accounting, Finance, or a related field (master's degree preferred)
Pay: QAR4,000.00 - QAR6,000.00 per month
**Experience**:
- Senior Accountant: 5 years (required)
**Language**:
- arabic (preferred)
- english (required)
License/Certification:
- driving license (required)
Application Deadline: 31/12/2024
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