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August 6, 2020
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Home » Chief accountant at Kuwait College of Science and Technology – Al Jahra – Kuwait Jobs

Chief accountant at Kuwait College of Science and Technology – Al Jahra – Kuwait Jobs


Job Description

Responsible for the preparation of accurate monthly financial reports and supporting schedules as required.
Analyze financial information, call attention to trends, make recommendations, collect information’s and prepare reports.
Initiate and assist in the development of the annual budget preparation process.
Perform day to day processing of financial transactions.
Balance and reconcile all accounts payable disbursements each month and post to the general ledger.
Assist in ERP implementation and training of users as required.
Provide accurate data entry of all invoices prior to payment and prepare monthly reports.
Prepare and record asset, liability, revenue and expenses entries by compiling and analyzing account information.
Maintains and balances subsidiary accounts by verifying, allocating, posting, reconciling transactions and resolving discrepancies.
Maintains general ledger by transferring subsidiary accounts, preparing a trial balance and reconciling entries.
Summarizes financial status by collecting information, preparing balance sheet, profit, and loss statement and other statements.
Review and prepare all the financial statements such as JVs, L/Cs, employee accounts, Capex control, etc. and update into the related system accurately.
Assist in the preparation of the financial budget of all departments with relevant reports.
Ensure petty cash and main cash balance reports are verified on a daily basis.
Control the petty cash, verify the variances and recommend corrective actions.
Ensure bank reconciliations are carried out timely.
Liaising with the auditors for year-end audit and preparation and submission of audited financials to PUC and other ministries as applicable.
Prepare audit schedules and arrange for conducting a timely audit.
Preparation and presentation of all financial files for audit.
Any other assignment time to time assigned by the Department head.

Skills

Minimum 10 years’ overall experience out of which 5 years in the education sector at the middle management level.
ACA/ICWAI/CMA certified with a minimum of 5 years’ experience in the education sector at middle management level out of 7 years overall experience.
Excellent computer skills, particularly in MS Office Suite products such as Word, Excel, PowerPoint, and Outlook and computerized ledger system
Experience with spreadsheets and accounting software
Ability to maintain a high level of confidentiality and treat confidential matters with tact and discretion
Budget preparation and formulating
Teamwork and cooperation

Job Details

Job Location
Al Jahra, Kuwait

Company Industry
Primary, Prep, & Secondary School

Company Type
Employer (Private Sector)

Job Role
Accounting and Auditing

Employment Type
Full Time Employee

Monthly Salary Range
Unspecified

Number of Vacancies
1

Preferred Candidate

Career Level
Mid Career

Years of Experience
Min: 5 Max: 10

Residence Location
Kuwait

Gender
Male

Degree
Master’s degree

Age
Min: 30 Max: 50



Click here to apply

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