Senior Accountant

Role Purpose

Supports Financial Controllers in monthly / yearly closing and maintain proper records of Inventory, Expense accruals and VAT with timely recording and monthly reporting.

Job Accountabilities & Activities

Inventory Control

- Monitor and report inventory movements including incoming and outgoing shipments, inter branch transfers, sales and purchase returns etc.

- Prepare report for inventory valuation, ageing and adjustments.

- Reconcile inventory ledger with General Ledger on monthly basis

Accruals and Prepayments

- Review and propose accruals on monthly basis for various types of expenses and their subsequent adjustment.

- Prepare schedule of prepayments and propose monthly vouchers for adjustments.

Month end activities

- Prepare Journal Vouchers for month end including accrual, provisions and adjustments.

- Prepare trial balance reconciliations for sub-ledgers with general ledgers

- Finalize the trial balance and prepare a set of Financial Statements for review of Financial Controller.

VAT reconciliation

- Keep abreast with latest rules and regulations regarding VAT and prompt early action by Company.

-Prepare monthly reconciliation of Input VAT with purchasing reports.

- Prepare monthly reconciliation of Output VAT with sales reports.

- Prepare VAT return on monthly basis.

- Coordinate with GAZT for monthly return submission and subsequent queries.

- Support in provision of information and reports in VAT audits to be conducted by GAZT

Education & Certifications

Bachelor in Accounting 

Required Years of Experience

2 - 3 years