Accountants have a range of responsibilities that revolve around managing financial records, ensuring accuracy, and complying with regulations. Here are some key duties:
- Financial Record Keeping: Maintaining accurate and up-to-date financial records for businesses or individuals. This includes recording transactions, managing ledgers, and reconciling accounts.
- Financial Reporting: Preparing financial statements and reports such as income statements, balance sheets, and cash flow statements. These reports help stakeholders understand the financial health of an organization.
- Tax Preparation and Compliance: Calculating and preparing tax returns, ensuring compliance with tax laws, and staying updated on tax regulations to minimize liabilities and avoid penalties.
- Budgeting and Forecasting: Assisting in the creation of budgets and financial forecasts. This involves analyzing past financial performance to predict future financial trends and guide business decisions.
- Audit and Internal Controls: Conducting internal audits to ensure that financial practices and controls are effective and in compliance with regulations. Assisting external auditors during audits.
- Financial Analysis: Analyzing financial data to identify trends, variances, and potential areas of improvement. Providing insights and recommendations based on this analysis.
- Accounts Payable and Receivable: Managing incoming and outgoing payments. This includes processing invoices, handling payment collections, and ensuring timely payments to vendors and creditors.
- Payroll Management: Overseeing payroll functions, including calculating employee wages, handling deductions, and ensuring timely and accurate payment of salaries.
- Compliance and Regulation: Ensuring that financial practices adhere to laws, regulations, and standards set by accounting bodies and governmental agencies.
- Advisory Role: Providing financial advice and support to management or clients. This might include recommending financial strategies, investment opportunities, or cost-saving measures.
- Record Organization: Ensuring that financial documents and records are properly organized and stored for future reference or legal purposes.
- Technology Utilization: Using accounting software and tools to streamline processes and improve efficiency. Staying current with advancements in technology that impact accounting practices.
Overall, the role of an accountant is crucial for maintaining the financial integrity and stability of an organization or individual.
Job description
- Assist the Finance Manager with the day-to-day, monthly and year-end operations of the Finance Department
- including budget review, financial analysis and report on variances.
- Review production costing results to ensure proper accounting of quantities and costs.
- Handle bookkeeping of AP/AR. Post financial transactions including transfers, deposits, and journals.
- Process payments and prepare bank transfers including bank reconciliations.
- Prepare financial records for annual auditing and reporting purposes.
- Follow up on bank accounts and contacts with the bank
- Assist in documentation and monitoring of internal records.
- Conduct integration between the accounts of subsidiary companies and analyze the operations among themselves.
- Audit monthly supplement fixed assets record with asset balances to the General Ledger, and calculate its depreciation, and make the necessary restrictions.
- Perform any other ad hoc duties as required.
- Should be able to handle the entire accounting activities independently up to finalization of accounts and audit
- Preparation and presentation of monthly, quarterly and yearly Financial Statements
- Prepare Bank Reconciliations Statements, Accounts Receivable and Accounts Payable periodically and report discrepancies
- Prepare and review budget, revenue, expense, payroll, invoices and other accounting documents
- Liaison with internal and external auditors, banks and other regulatory agencies
- Ensure all payments to suppliers, employees and other external parties are made according to company policies and procedures
- Analyze revenue and expenditure trends and recommend appropriate budget levels and ensure expenditure control
Requirements :
- Strong analytical and communication skills
- Five or more years of relevant accounting experience
- Bachelor’s Degree in Finance/ Accounting
- w/ Valid QID
- w/ NOC or Resignation with stamp from the company
Job Type: Full-time
Pay: From QAR4,200.00 per month
Ability to commute/relocate:
- Doha: Reliably commute or planning to relocate before starting work (Required)
Experience:
- Accounting: 1 year (Preferred)
