Implement the approved policies & processes of the Accounting Advisory Services Department and comply with the Company’s other policies throughout all daily activities.

Accounting Advisory Operations

Conduct meetings with Company’s clients on a continuous basis and as required to obtain information regarding the clients’ business requirements, nature of services requested as well as to collect initial requirements from the clients to kick-off the project.

Receive and review daily sales transaction from clients’ stores/business outlets; post daily sales by recording cash, checks, credit card transactions, and compute charges & refunds.

Record all accounting entries of the clients’ accounts payable in accordance with the International Financial Reporting Standards (IFRS) and Company’s accounting policies & procedures.

Process all incoming payments from account receivables of the clients, post month-end closing revenue by verifying and entering the transactions and adjusting entries to account receivables Masterfile related to the client.

Reconcile the accounts receivable ledger to ensure that all payments are accounted for & properly posted as well as record daily reconciliation of payments posted into the accounting system with the bank statement.

Reconcile Accounts Receivable balances (Debit/credit notes) with statements and ensure timely completion of accounts for the month end closing.

Conduct periodic reconciliation of petty cash and maintain a record of all payments made on behalf of the client.

Assist the Associate Advisors in preparing monthly bank reconciliations and recommend adjustments to be made to accounts where applicable.

Follow up with all concerned stakeholders and colleagues to ensure that all cash payments are transferred to the bank on a timely basis and keep the clients posted on the status of the same.

Prepare and enter direct journal entries on behalf of the clients related to accounts payable, accounts receivable, fixed assets, etc. to the General Ledger accounts and obtain approval from the Direct Manager.

Perform General Ledger reconciliation with sub ledgers (all accounts and records will be reconciled to the General Ledger) on monthly and annual basis.

Provide the Associate Advisors with all key information and data required such as bank statements and other important documents to be uploaded in the accounting system.

Conduct regular reviews of data submitted by the clients in order to reduce the margin of error and maintain continuous communication with the clients for activities including but not limited to clarifications on issues, bank transfers missing documents, answering queries, workflow process as well as submission of any reports requested by the clients.

Ensure timely posting of sub-ledgers and all period end transactions in accordance with the month end closing procedures

Inform and follow-up with the Direct Manager if reconciliation between General Ledger accounts and subsidiary ledgers are not reconciled, in addition to recording all adjusting, closing and reversing entries to attain reconciliation in such cases (after obtaining approval of the Direct Manager).

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 in coordination with the Senior Advisors & Associate Advisors.

Conduct leave balance, indemnity, end of service benefits (EoSB) analysis and calculations on behalf of the clients and provide with them with the final data with maximum efficiency and accuracy.

Coordinate with external auditors for finalizing & closing all external audit related requirements of the clients such as providing general ledger accounts related information, documents, registers and any other reports or information requested by the external auditors.

Reports

Assist in providing analysis and summaries of information as directed ensuring key issues are brought to the attention of the client as well as prepare recommendation reports to the clients highlighting issues being faced by them alongside resolutions to these issues.

Maintain Accounts Receivable aging reports and estimate provisions required for long outstanding receivables.

Prepare accounts receivable reports related to aging, due payments, long outstanding receivables and others, as required.

Perform any other tasks & additional responsibilities as assigned by the Direct Manager.

Professional Certifications such as Certified Public Accountant (CPA), Certified Management Accountant (CMA), Chartered Accountant (CA) or any related certifications is a plus.

Good knowledge of International Accounting standards & principles and Microsoft Excel skills is a must.

Strong knowledge of International Financial Reporting Standards (IFRS).

Strong knowledge of accounting software and bookkeeping principles.

Excellent command of Microsoft Office (Excel in particular, PowerPoint will be an added advantage).

Strong ability to prioritize tasks and work on multiple assignments.

Ability to work under pressure and perform several tasks concurrently in a deadline driven environment.

This job may require conducting continuous visits to our clients’ sites and as such may require very good communication skills and highly friendly attitude.