Accountant

Competencies

Key roles and responsibilities

    Implement the Finance & Accounting policies and procedures.
    Prepare and enter direct journal entries of AAW (i.e. accounts payable, accounts receivable, fixed asset, etc.) to the General Ledger accounts.
    Perform General Ledger reconciliation with sub ledgers (all subsidiary accounts and records will be reconciled to the General Ledger) on monthly and annual basis.
    Inform and follow-up with the Manager - Finance on reconciliation activities between the General Ledger accounts and subsidiary ledgers, in addition to recording all adjusting, closing and reversing entries to attain reconciliation in such cases (after obtaining the approval of the Manager - Finance).
    Ensure timely posting of sub-ledgers and all period end transactions in accordance with the month end closing procedures.
    Prepare financial statements, balance sheets, income and expense reports, and cash flow analysis, in addition to the supporting schedules to assure timely completion according to the monthly close schedule.                                        
    Record all accounting entries in accordance with the international accounting standards and AAW’s accounting policies & procedures.
    Record invoices related to goods received in the appropriate suppliers’ accounts and prepare AAW commission entries for each invoice as required.
    Maintain cash accounts for all business divisions, stores/showrooms (brands) of AAW e.g. Nike, Kickers, Puma, etc. and administer the daily recording of sales and monthly account reconciliations in a timely manner.
    Receive and process invoices from suppliers and consultants as well as perform invoice matching with delivery notes and purchase orders.
    Release supplier and consultant payments as per the Finance Department purchase and credit policies.
    Conduct periodic reconciliation of petty cash and maintain a record of all payments made pertaining to all business divisions, stores/showrooms, as well as preparing monthly bank reconciliations.
    Prepare bank transfers, cash payments, etc. in order to facilitate the payment process in support of AAW operations.
    Monitor the collection of invoices, record all accounts receivable transactions and file all supporting documents to ensure timely completion of accounts for the month end closing.
    Assist the collectors in the collection of daily invoices in order to record them accurately in their respective cash account. 
    Prepare invoices and inform concerned parties’ to ensure verification of payment documents within a set time frame.
    Receive approved payroll summary report from the Human Capital & Administration Department and compare additions and deductions.
    Process payroll for all employees, terminations, status changes, deductions, direct deposits, time sheet data, rate changes, retroactive adjustments and special pays as applicable.
    Prepare reports as required by the Manager – Finance such as payment summary reports, payroll related reports, General Ledger reports and accounts payable/receivable reports related to aging, due payments and long outstanding receivables.
    Perform other duties related to the job as assigned by the Direct Manager.