Accountant - Maritime and Logistics

Location- Mari, Qatar- Experience- 2-8- Job Type- Outsourcing**Job Description**:
**Department**:Accounting **Section**:Shipping & Logistics Accounting

**Job Objective**:

- To provide support to Maritime & Logistics and Marine & Technical ServicesBusiness Operations on management information/ reporting, annual budgeting,Quarterly Business Reviews (QBRs) and other operational finance related functions. To process transactions, book entries in the system and prepare reconciliationsand relevant schedules. - Ensure that management reports, data analytics andrelevant business support activities are provided to relevant Business Units in atimely manner. - Ensure that all financial and accounting transactions are inaccordance with financial policies, procedures, guidelines and relevantfinancial reporting standards. - Implement all necessary financial controls, systemsand processes to ensure the efficient and effective operation of the function tosupport the financial, accounting and reporting requirements of Maritime & Logisticsand Marine & Technical Services Business businesses.

**Key Roles & Responsibilities**

1. Process and book cash management transactions which include the following, among others:

- Cash management entries
- Miscellaneous receipts
- Immigration expense and payments

2. Prepare shareholders' loan schedule, reconcile shareholders' loan balances and book interest income as well as repayments.

3. Process and book entries related to availment of bank loans, amortization of loan arrangement fees, repayment of bank loans and closure of loans upon vessel disposal.

4. Initiate and approve intercompany transactions booked through AGIS.

5. Process and book intercompany entries through Oracle GL module, debit notes from related party and debit memo for intercompany invoices

6. Prepare and post entries related to month-end closing process, which include the following among others:

- Revenue accrual
- Expense accrual
- Interest expense/ income accruals
- Recurring entries
- Revaluation of available for share (AFS) and held for trading (HFT) investments
- Investment in Subsidiaries, Associate and Joint Ventures

7. Perform review of balance sheet and profit and loss account as part of month-endclose.

8. Prepare monthly bank reconciliation and other account reconciliation schedules.

9. Perform other Business Finance related activities which include, among others:

- Process and book relevant entries related to vessel disposal
- Review and process Cash to Master requests
- Review and process customer refund requests
- Reclassify Qatar Steel Receivables
- Participation in fixed asset verification and physical stock taking exercises
- Maintain book of accounts for CARGOTEC- Prepare Quarterly Revenue Analysis

10. Perform the following activities related to management reporting, data analytics and business support:

- Support budgeting process by facilitating the preparation of required budget templates through coordination with relevant Business Operations Managers or calculation of the budget amounts based on underlying business transactions/ relevant supporting documents. Upload the budget figures, including any amendments, to Cognos. Prepare accurate management information/ reports and analysis in a timely manner as per the requirement of the relevant business units. Support the conduct of QBRs by the Maritime & Logistics and Marine & Technical Services business units. Perform evaluation on asset impairment on an annual basis or as and when required as per Finance & Accounting policies

11. Provide assistance/ support to relevant business units of Maritime & Logistics and Marine & Technical Services e.g., financial advice/ insights in entering new business, project finance, contract reviews (finance component), etc.

12. Prepare pricing and cost model information based on accounting information available in the system on an ongoing basis.

13. Incorporation of driver based information for forecasting business performance and comparison against the actual results.

14. Implement the Finance & Accounting policies and procedures. Ensure that required changes to the policies and procedures manual are highlighted and

communicated to the immediate reporting line.

15. Ensure compliance with relevant internal controls within the Finance and Accounting function and any deviation or non-compliance is communicated to the immediate reporting line.

16. Assistance in preperation of presentations on business performance analysis and drivers.

17. Develop and maintain effective relationships with key stakeholders including Business Operations, Corporate Treasury, Financial Planning & Analysis, Internal Audit, other Finance Pillars and various relevant departments and external auditors. Actively coordinate with and act as point of contact and the relevant stakeholders forkey financial, accounting and reporting matters related to Maritime & Logistics and Marine & Technical Services.

18. Prepare requested sched