Company description:
Our client is a global leader in the provision of Consultancy & Training services.
Responsibilities
The accountant has the overall responsibility of ensuring accurateness and completeness of book keeping is key to this role. Attention to detail, detailed accounting knowledge and pride in getting it right first time are essential attributes of this role which enables the finance function to generate accurate MIS in a timely manner.
The individual will be responsible for all accounts receivable related task and will have secondary responsibilities on accounts payable and treasury.
Key tasks and responsibilities:
Primary responsibilities
• Issue and submit customer invoices based on inputs from project managers and service delivery reports in a timely manner
• Review invoice compliance with contract and customer’s invoicing requirements and capture accurately payment terms, contract/ PO reference, duration/ validity of contract, withholding taxes rates, VAT rates and any retention information
• Review accuracy and adequacy of supporting information prior to submitting invoice
• Generate invoice number and record details on accounting system
• Generate weekly and monthly aged debtors’ reports reconciled to the general ledgers
• Follow up with customers on outstanding dues to achieve the debtor days’ collection KPIs and update the receivable tracker with payment status and actions.
• Communicate daily collections to senior management team and record receipts against invoices
• Record bank charges, WHT receivables and retention receivable accurately
• Prepare WHT receivable schedule by contracting entity and geography, and follow up customer point of contact for WHT certificates
• Determine revenue for the reporting period and ascertain unbilled revenue balances.
• Compare revenue with forecast and provide reasons for variance analysis. Prepare revenue by geography
• Compare profit summary report and margin on hardware sales to determine whether costs are recorded accurately and whether cost accruals are required.
• Close new wins in salesforce based on inputs and documents provided by capture managers
• Update cash flow forecast (inflows) tracker
• Be the custodian of all customer contracts for the finance and accounting team
• Reconcile customer statement of accounts on periodic basis
• Provide data on VAT returns for quarterly filing
• Support project management team with financial details when necessary
• Support Group Finance Controller on financial and tax audits and prepare necessary schedules
• Maintain project codes (Billable, bid and overhead) on ERP and dimensions
• Ensure invoice, supporting documents, contracts and schedules are uploaded to SharePoint
• Execute tasks in relation to MIS reporting and month end reporting activities
Secondary responsibilities
• Accurate and timely bank and balance sheet reconciliation as allocated by Group Finance Controller
• Reconciliation of Intercompany balances on a periodic basis
• Maintain fixed asset register, and adjust book value and depreciation for asset additions and disposals
• Record vendor invoices on ERP against correct project codes and GL
• Review of “Open” and “Pending” POs and liaising with procurement team for delivery documents/ service completion on a periodic basis
• Support payables accountant to determine contractor payroll, amortisation of prepayments, recording and reconciling of petty cash expenses
• Load vendor payments and payroll on bank portal with correct currency and vendor bank details
• Fill up banking documents (LC, bank guarantee, fund transfer forms, assignment letter) on need basis
• Support accountants in determining accruals for operating expenses
• Other ad-hoc tasks as instructed by line manager, Finance Director or CFO Requirements
• Professional qualification with 2 years of post-qualification work experience or Finance degree with 7 years of work experience
• Accounts Receivable and credit control experience essential
• Ideally, have experience of working in the Middle East
• Strong communication skills in English
• Proficient in Microsoft Word, PowerPoint and Excel
• Experience in the application of IAS-11 Construction contracts would be an advantage
• Ability to work with minimal supervision
• Prior experience of ERP systems, particularly Sage would be preferable
We apologize that we cannot reply to everybody however we do guarantee that we look at every single application. If you haven’t had a response from us within 7 days, you can assume you haven’t been successful on this occasion. (DB) Inspire Selection is headquartered in Dubai and employs highly knowledgeable, professional consultants who are experts in connecting the right people with the right opportunities. Our reputation has been built upon our honesty, integrity and our ability to source candidates of the highest calibre right across our specialist sectors. As a result, we are recruitment partners to a wide spectrum of organisations - from leading blue chip companies to smaller, local businesses. Sectors we cover include HR, Administration, Finance & Accounting, Insurance, Legal, Sales & Marketing, Facilities Management, Procurement, Manufacturing, Logistics & Supply Chain. |