General Accountant
4 days ago
The role handles the record keeping, financial functions and processes of the department (from fixed payments and variable expenses to bank deposits and budgets) with a focus on ensuring the timely and accurate delivery of financial statements and reporting. He/she should be perfectly accurate in submitting financial reports and quantitative information on the financial position of the organization, liquidity and cash flow of the business, while ensuring compliance with government regulations.
With a strong foundation to build upon, he/she will combine excellent analytical skills with a thorough knowledge of accounting and accounting principles to analyse financial reports, balances, and forecasts. **He/she will be reporting to the Accountanting Supervisor**.
1. Abides by Onex Beauty Group’s Vision-Mission and Objectives.
2. Accurately posts all supplier invoices, customer payments, petty cash, invoices, etc.
3. Prepares quotations, compiles LPOs and outbound request forms and submits to the Accounting Supervisor for his signature.
4. Performs the accounting & bookkeeping process in accordance with IFRS / GAAP.
5. Prepares assets, liabilities, and capital account entries by compiling and analysing account information.
6. Follows up on payments and outstanding collections.
7. Manages the AP / AR, weekly and monthly billing, and general ledger postings.
8. Summarizes current financial status by collecting information, preparing balance sheet, profit and loss statement and other reports. Reconciles financial discrepancies.
9. Performs reconciliation of profit & loss account and balance sheet reports. Verifies, allocates, and posts all financial transactions.
10. Produces error-free accounting reports and presents their results.
11. Reconciles monthly accounts including banks, suppliers, and customer accounts.
13. Prepares periodic reports that compare budgeted costs to actual costs.
14. Maintains accounting controls by preparing and recommending policies and procedures.
15. Maintains general ledger by transferring subsidiary accounts; preparing a trial balance; reconciling accrual entries.
16. Assists in the preparation of financial reports such as financial statements and budget performance.
17. Prepares the cash status report periodically.
18. Performs month-end closing and year-end closing.
19. Performs year end stock taking.
20. Adheres to all government regulatory practices in the department.
Requirement:
- Thorough knowledge in the financial transactions and procedures in the retail industry (from the salon business, cosmetics, beauty products - highly preferred).
- Minimum of 3 years' experience as a General Accountant in any Gulf State
- Locally available, with QID and NOC
**Job Types**: Full-time, Permanent
Application Question(s):
- Where are you currently located?
- Can you provide NOC?
**Education**:
- Bachelor's (required)
**Experience**:
- General Accountant in any Gulf state: 3 years (required)
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