Senior Accountant

Job description / Role

- Verify or/and approve different accounting items (expense/revenue/ assets), ensuring accuracy and right allocation into the books.
- Verify and issue payment vouchers/Credit/Debit notes/cheques as required, ensuring all relevant supporting documents and approvals are obtained.
- Ensure fund availability before releasing payment
- Ensure timely closing – monthly, quarterly and yearly
- Ensure credit facility terms and conditions are strictly adhered to through verifying the processes and submitted documents from client and sales rep.
- Monitor debtor/creditor ageing report on a regular basis and follow-up with debtors/creditors for payments and report abnormal cases to the reporting manager.
- Reconcile/verify daily collections, vendor statements, accounts receivables, bank statements, etc. with system reports, cashier report and bank deposit slips, supporting documents etc.
- Reconcile receivables on a regular basis and notify any discrepancies to the concerned parties as well as reporting manager
- Conduct periodic reconciliation to ledger control accounts as directed by manager,
- Prepare any other reports as directed by supervisor
- Prepare management information data for analysis purpose as required
- Ensure timely generation of different system reports and Agency reports and other financial reports/statement.
- Supervise the Accountants ensuring accurate and proper maintenance of accounts.
- Provide guidance and assistance to the team as requited and address any issues escalated and resolve disputes with clients as required.
- Monitor daily uploading of data (receipts and invoices) from Operation to Financial system and ensure day-to-day data transfer activities are performed timely and accurately.
- General Support
- Assist in preparation of Agency Budget
- Assist in monthly/yearly closing of accounts
- Assist auditing
- Attend queries from principal, clients and vendors.

Requirements

- Bachelor’s Degree in Finance/Accounting or Commerce with accounting focus
- MBA /CMA/ CIA / CA is an advantage
- 6 -7 years relevant accounting experience
- At least three (3) years exposures at supervisory level

Job-Specific Skills:
- Good Knowledge of accounting procedures and applicable system
- Knowledge of Shipping agency function
- Knowledge of local regulations including Taxes
- Good numerical and analytical skill
- Well organized and systematic
- Attention to detail
- Ability to work with confidential information
- Ability to supervise others

Competencies:
- Good Computer skills (Excel and Word and exposure to accounting software packages)
- Ability to communicate effectively verbally and in writing
- Preferable Arabic speaking

About the Company

United Arab Shipping Company was established in July 1976; jointly by the six shareholding states from the Arabian Gulf (Bahrain, Iraq, Kuwait, Qatar, Saudi Arabia and U.A.E). The head office is located in the State of Kuwait.

As the National line of the Arabian Gulf states, UASC\\'s primary mission is to serve the shipping needs of the Arabian Gulf region

UASC also aims to expand into global trades, where commercially feasible, to strengthen our operations and provide a wider service network to our customers.

UASC is one of the largest ocean carrier of dry cargo to the Middle East. UASC has assumed this position on merit as a carrier providing first class service to its customers, which has been maintained, despite ups and downs, in the market.