Accounting Manager
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Key skills for this role
About the Role
UrbaCon Contracting & Trading Company seeks an Accounting Manager to ensure the integrity of accounting, safeguard assets, and develop efficient business processes. The role requires a Bachelor's in Accounting, CPA, 8+ years experience, and SAP functional skills.
Key Skills for This Role
Responsibilities
- Assure that accounting records are prepared and maintained in accordance with the organization's accounting policies, chart of accounts, and related accounting principles and practices
- Review all vouchers (BPV, CPV, JV, RV etc.) prepared by accountants and ensure transactions are booked to right cost code and cost center
- Review all accrued expenses on a monthly basis
- Review the depreciation process for fixed assets
- Prepare the monthly trial balance
- Review monthly bank reconciliation for all current accounts and bank liabilities
- Review all vendor reconciliations prepared by accounts payable sections
- Ensure that all transactions coming from modules are linked to the right accounts in GL
- Support the implementation of HSE initiatives and participate in safety awareness activities
Requirements
- Bachelor's Degree in Accounting
- Professional Qualification in Certified Public Accountant (CPA)
- Minimum 8 year(s) working experience, 5 year(s) relevant working experience
- ERP knowledge preferably SAP functional skills
- 2 year (s) GCC is a plus
Full Job Posting
Job Summary
- The Accounting Manager ensures the integrity of accounting, safeguards organizational assets and develops efficient business processes to record revenue, financial reporting process and monthly closing process.
- Fulfills revenue objectives and adhere to accounting and reporting policies.
- This includes reviewing and analyzing finances, ensuring compliance with regulations and refining reporting documentation.
- Responsible for overseeing certain contracts as it relates to financial reporting, leading strategic planning for accounting policies and maintaining internal controls over financial transactions.
Job Responsibilities 1
- Assure that accounting records are prepared and maintained in accordance with the organization's accounting policies, chart of accounts, and related accounting principles and practices, and that subordinate ledgers reconcile with the general ledger.
- Review all vouchers (BPV, CPV, JV, RV etc.) prepared by all accountants in each section and signs them to ensure that all transactions are booked to right cost code and cost center.
- Ensure that all types of vouchers prepared by Accountants are thoroughly reviewed
- Review all accrued expenses on a monthly basis.
- Review the depreciation process for the fixed assets to ensure right direction of the depreciation expenses (the right cost drive of the depreciation).
- Ensure that all accrued expenses on a monthly basis are reviewed as well as the depreciation process for the fixed assets.
- Prepare the monthly trial balance. Review the monthly bank reconciliation for all current accounts and bank liabilities after preparing the same from the treasury section.
- Ensure that monthly trial balance is prepared on time. Thorough review on bank reconciliation for all current accounts and bank liabilities after preparation by the Treasury Section.
- Review all vendor reconciliations which are prepared by the accounts payable sections
- Ensure that all vendor reconciliations are reviewed.
- Ensure that all transactions coming from the modules are linked to the right accounts in GL.
- Support the implementation of HSE initiatives, participate in safety awareness activities, and contribute to incident reporting and resolution in alignment with company and IMS policies
Job Knowledge & Skills
- Knowledge of accounting principles, financial reporting standards, and regulatory requirements relevant to their industry.
- Strong leadership skills are essential for effectively managing a team of accounting professionals, providing guidance, training, and support to ensure accurate and timely financial reporting.
- Proficiency in accounting software and ERP systems is necessary for managing financial transactions, generating reports, and maintaining financial records.
- Excellent analytical skills are vital for interpreting financial data, conducting variance analysis, and identifying trends or anomalies within financial reports.
- Experience in financial statement preparation, budgeting, and forecasting enables the Accounting Manager to provide strategic insights and recommendations to senior management.
- ERP knowledge preferably SAP functional skills are a requirement to be successful in this role.
Job Experience
- Minimum 8 year(s) working experience, 5 year(s) relevant working experience, 2 year (s) GCC is a plus
Education
- Bachelor's Degree in Accounting
- Professional Qualification in Certified Public Accountant (CPA)
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