Accountant

Job Description

To provide financial and administrative services to ensure efficient, timely and accurate processing and recording of accounts payable, receivables transactions and prepare cash flows by utilizing appropriate accounting control procedures.

Strategic

RESPONSIBILITIES

N/A

Operational

• Prepare the bank reconciliation and broker account reconciliation on a monthly basis to ensure appropriate and timely recording of transactions in general ledger and coordinate with bank officials to resolve discrepancies, if any.
• Coordinate with all finance managers across the group to provide cash flow on timely manner and verify all cash flows for the Group companies and prepare a consolidated cash flow for the whole Group with Group CFO.
• Monitor all outstanding bank loan payments and make necessary arrangements for the repayment of loan interest and instalments in a timely manner to avoid penal charges.
• Prepare the cash position of the company on a daily basis and ensure the availability of cash to meet the day to day operations and advise management whenever a shortfall of cash is observed or a cash injection is needed to meet financial obligations.
• Assist the account supervisor in day-to-day accounting work as well as in preparing audit schedules and disclosures for both stand alone and consolidation audits and assist the finance manager in budgeting work and treasury manager in bank related tasks to meet audit requirements
• Calculate the finance charges related to bank loans and overdraft interest to ensure all the charges that are applied are as per our agreed rate with bank and coordinate with bank in case of any discrepancy.
• Prepare bank transfer payments to suppliers and ensure all payments are done in timely manner without any delay in order to provide daily record Portfolio transactions and report daily Gain/Loss results to management.
• Prepare and post all receipts & debit notes related to various expenses incurred by AGI on behalf of business units to meet month end deadlines.
• People Management:
  
  

• Bachelor Degree in Business Management or Finance.
  
  

• Knowledge of accounting functions (General Ledger, Accounts Payable, Accounts Receivable, Fixed Asset, Cash Management).
• Understanding of financial consolidation and sound knowledge of IFRS.
  
  

• 3-5 years experience in a similar role in a Group Company.