GL Accountant Assistant
Description:
Reporting structure
Reports To:
Head of General Accounting
Direct Reportees:
None
Job Summary and Purpose
Carry out various accounting duties related to the general ledger and ensure that all transactions are correctly processed with individual and control account balances. As well as assist in finalizing the month end closing of accounts in agreement as per applicable policies and procedures.
Accountabilities
Key Accountabilities:
Accounting:
1. Set up new General Ledger accounts as required in the SAP General Ledger Master with necessary supporting documentation.
2. Ensure that all bank entries are recorded accurately and timely, and reconcile period end balances with the bank statement and follow-up outstanding items within prescribe time-frames.
3. Prepare banks reconciliations with bank statements for management review and approval.
4. Record inter-company transactions and ensure period-end balances are matched.
5. Prepare accrual entries for any outstanding liabilities each month, and reconcile pre-paid accounts with monthly amortization.
6. Maintain necessary document management archive (physical / electronic) of vouchers, statements, claims re-imbursements and related documentation, to ensure proper control and quick retrieval for management and audit reference.
7. Produce and communicate periodical reconciliations, reports, accruals, statistics and other related information as required.
8. Maintain accounting records for special accounts, organize activities and set priorities to meet agreed/provided timelines.
9. Reconcile and accurately post applicable financial transactions related to the general ledger.
10. Prepare auditor statements and schedules reports, and review and verify the accuracy of the data.
11. Assist the General Accountant address audit queries and prepare and review audit reports in coordination with respective parties such as the Internal Audit Division, external auditors etc.
Generic Accountabilities:
Safety, Health, Environment & Quality (SHEQ):
12. Adhere to all relevant SHEQ policies, procedures, instructions and controls so that NAKILAT provides a safe, world class, secure and environmentally responsible service to customers, the public and its own people.
Policies, Systems, Processes & Procedures:
13. Follow all relevant departmental policies, processes and procedures so that work is carried out in a controlled and consistent manner.
Others:
14. Carry out any other duties as directed by the GL Accountant.
Accountabilities - 2
Accountabilities - 3
Accountabilities - 4
Competencies
Accounting Policies & Procedures - Beginner
Audit Management - Beginner
Collaboration & Team Work - Basic
Customer Centricity - Basic
Drive Vision - Basic
Empower & Nurture Talent - Basic
Financial Analysis - Beginner
Financial Risk Management - Beginner
General Accounting Processes - Beginner
Interactive Communication - Basic
Professional Accounting Standards - Beginner
Solution Oriented - Basic
Tax Strategy, Planning & Compliance - Beginner
Achievement Oriented - Basic
Key Result Areas
• Implement accounting practices and procedures
• Maintain financial security
• Compliance with all accounting standards
Interactions and Working Relations
Internal:
• Internal Auditors – to discuss compliance with international standards, rules, regulations, policies and procedures
• Other Departments: to discusses issues related GL Entries & Accruals etc.
External:
• Subsidiary organizations and joint venture partnerships – to close on accounting-related issues
• Interact with External Auditors for Audit finalization and requirements.
Financial Authorities
Not Applicable
Qualifications, Experience and Job Skills
Qualifications:
• Diploma degree in Accounting or any related field.
Experience:
• 1 - 3 years of related experience in a similar position, preferably in a similar industry
Job Specific Skills:
• Knowledge of accounting and financial principles and tools (International Financial Reporting Standards, GAAP etc.)
• Knowledge of SAP related modules.