Job Detail

Accounting Supervisor

Posted on Aug 01, 2020
Location: Dammam, Saudi Arabia
Industry: Oil / Gas / Petroleum
Job Type: Others
Education: Bachelors

Job Description

Responsibilities & Duties:-
·        Preparing responsibilities:-
-           Posting the journal entries and Generating the trial balance
-           Closing the period (monthly, quarterly or yearly) and Preparing the financial statements & management accounts.
-           Generate financial & management reports and statements to the line manager for review up on request.
-           Submitting the VAT returns according to the company related registration.
-           Attending schedule meetings & up on request.
-           Preparing the payroll file on monthly basis.
-           Keeping all information and documentation organized.
·        Checking & Reviewing responsibilities:-
-           Analyzing & Keeping track of a business's day-to-day financial transactions.
-           Checking accuracy of documents & Identifying the accounting treatment required.
-           Reviewing journal entries + all payments and receipts vouchers.
-           Reviewing the bank payments created according to the daily payment schedule.
-           Maintaining the suppliers & Customers Aging on weekly basis.
-           Ensuring that the statements of banks accounts are reconciled on monthly basis.
-           Ensuring that the statements of suppliers & Customers are reconciled on monthly basis.
-           Ensuring that the statements of related parties are reconciled on monthly basis and the related debit and credit notes are recorded in the related period.
-           Ensuring that the Fixed Asset Regist calculations are up to date on monthly basis.
-           Ensuring that Inventory movement is up to date on monthly basis.
-           Ensuring that the prepayments schedules are up to date on monthly basis.
-           Ensuring that the accruals & provisions working sheets and calculations are up to date on monthly basis.
-           Ensuring that the petty cash replenishment processed according to the company policy. 
-           Review and recommend changes to existing accounting procedures.
-           Analyze financial discrepancies and recommend effective resolutions.
·        Supervising responsibilities:-
-           Ensuring accounting treatments are performed according to the company policies & procedures.
-           Monitoring financial transactions recording according to the accounting standards + company policies and Procedures + Related regulations.
-           Leading a stock count every quarter and reporting the findings.
·        Managing & Training responsibilities:-
-           Managing Accounting Team.
-           Preparing a training plan for the accounting team.
-           Preparing evaluation forms for the accounting team.
-           Reporting the accounting team performance according to the training plan.
-           Managing the accounting team to complete assigned accounting tasks within deadlines.
-           Provide guidance to the team when needed.  
·        Assisting responsibilities:-
-           Assist in auditing activities by providing necessary information and preparing requested documentations.
-           Assist in Preparing the budget & Forecast reports.

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