Accountant - 3 Month Contract

Job description / Role

Arabian Radio Network is currently looking for an Accountant for a temporary 3 months role. Please find below description

To handle the Payables function – booking of invoices with correct cost center & profit center codes after ensuring adequate approvals & to make timely settlements of the vendor liabilities.

To handle the Cash and Banking Functions – Bank Reconciliation & Petty cash management.Other functions as and when required

Purchase and Payable function

- To evaluate PR Forms for correctness, comparative quotes, assessment of approvals levels and budgetary provisions.
- Review supplier contracts and co-ordinate with legal dept. for approval.
- To raise the LPOs after ensuring adequate approvals.
- To account the invoice under correct account with correct cost & operating center information, after verifying necessary approvals & documents (LPO / Delivery order etc), in a timely manner with meaningful narrations.
- To maintain strict control over payables and to take timely action to ensure timely settlement and to avail the prompt payment discount, if applicable.
- To ensure timely & correct matching of payments with the invoices.
- To control movement of PRs/Payment to ensure timely approval – co-ordinate with Sr. Management in this regard.
- To coordinate with the Vendor for the pick-up / delivery of the payment and to provide details for correct matching in their books.
- To settle in a timely manner & to maintain a summary of freelance and to compare the same with the budgets.
- To settle Newswire / Utility Expenses on time to avoid disruption / disconnection of services.
- To generate any expense related reports for comparison with budgets & for any analysis.
- To act & resolve any discrepancies noticed and to raise Debit notes & to follow up for the credit notes with the Vendors.
- To open new vendor accounts with complete details & to maintain the vendor master.
- To follow up for invoices / settlement for advance payments. - To ensure reconciliations with major Suppliers at least twice a year and once for all other Suppliers.

Banking and cash functions

- To perform Bank reconciliation.
- Co-ordinate with bank on any discrepancies.
- Communicate with AR team on inward remittances.
- Review cheque returns with AR team.
- To summarize and to account for & to handle the Petty cash, Gift cash and any other cash received.

Other functions

- Submit payment forecast for cash flow report based on open LPOs/PRs/Projects.
- Submit collection report based on receipts/PDC control for credit control commissions.
- To meet the requirements of the company’s independent external & internal auditors.
- Ensure filing of all documents for easy retrieval - Perform any other task assigned by supervisor.

Requirements

- Currently available in UAE
- Bachelors degree (preferable in finance, commerce, accounting..etc)
- 2-3 years of relevant experience in Accounting
- Available to join immediately.
- Energetic, focused and number driven.

About the Company

Arab Media Group (AMG), a member of Dubai Holding, is one of the region’s leading providers of media and family-oriented entertainment, delivering engaging content and creating exceptional experiences. Established in 2005, AMG has been serving a diverse regional audience through its multiple media and entertainment platforms that span across radio broadcasting, event management, and family entertainment. It currently comprises of Arabian Radio Network (ARN), Done Events and Global Village.