Job closed
Ref: HP031-1815
Job description / Role
Purpose: To provide support with all accounting activities to ensure operations and maintenance and reporting of accurate financial records of projects. To apply accounting principles and procedures to analyse financial information, prepare accurate and timely accounting reports and process payment transactions ensuring appropriate accounting control procedures.
Duties:
* Receive and record all projects invoices on the accounting system "Oracle". Prepare and process payments
* Provide support for all project related AP functions and requirement purchase requests approvals (Invoices, Payment terms and supporting documents along with the payment)
* Ensure proper filing of transactions within the accounting department (Cheques & Transfers)
* Prepare adjusting entries and ensure that AP suspense accounts are cleared and reconciled on a monthly basis
* Follow up with project suppliers and prepare timely reconciliations on a regular basis
* Provide financial status information by preparing special reports, completing special projects reports
* Provide monthly report for the status of Purchased Order "PO's" and Purchased request "PR's" and follow up with the development departments
* Ensure the use of the particular budget line at the recording stage of the purchase request, contract upload and payments to ensure all expenditures are within the development budget and any over expenditures are authorized
* Ensure match between the requested payment based on the provided invoice with the payment terms and conditions "Milestones" as per the signed contract
* Communicate monthly inter company transactions with related parties/subsidiaries and review reconciliations for final approval by the Projects Senior Accountant/Projects Chief Accountant
* Liaise with Projects Senior Accountant and Projects Chief Accountant to complete the require NP, bank balances and related parties closing process and reconciliations with the required proper filing .
Requirements
* 3-4 years of experience in accounting in and the use Oracle systems
* Bachelor's degree in Finance or Accounting.
* Intermediate to advanced excel/word/power point skills.
* Understanding of financial audits, budgeting and financial statements.
* Knowledge of financial management systems processes and controls.
* Fluency in Arabic and English.
About the Company
Executive Solutions is a different breed of talent consultancy. Driven by a unique philosophy, we think differently and act differently from the pack. Were here to do one thing: to improve our clients businesses by finding, focusing and delivering the most talented people.
We dont just do traditional contingency recruitment. Discovering talent is much more than just matching a CV to a vacancy - its about understanding companys corporate culture and ensuring a comprehensive match. We believe that in order to find the right candidate we must understand the motivations and ambitions of senior management, which is reflected in our personal approach when partnering with a client.
Executive Solutions is your trusted talent solutions partner head quartered in Dubai, specialising in direct talent, tailored talent and HR talent solutions, along with Nationalisation initiatives throughout the Middle East. Driven by a unique philosophy, we incorporate innovative and comprehensive talent management solutions each tailored to suit what our clients need.