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March 30, 2020
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Home » Senior Accountant (open vacancy) – Al Kuwait – Kuwait Jobs

Senior Accountant (open vacancy) – Al Kuwait – Kuwait Jobs


Job Description

Policies & Processes
§  Implement the Finance Department’s policies and follow the set procedures in order to achieve the Finance Department’s objectives.
Accounting
§  Perform day-to-day accounting tasks including preparing and posting reliable & accurate accounting entries (journal entries, accounts payable, accounts receivable, fixed assets, etc.) and the General Ledger in the accounting system.
§  Complete all monthly General Ledger (“GL”) procedures including journal entry preparation, reconcile subledgers with General Ledger on a monthly basis and resolve discrepancies encountered.
§  Record all accounting entries and perform period & year end closing transactions in accordance with the international accounting standards and IMAGES accounting policies & procedures.
§  Maintain fixed asset accounts and perform timely depreciation of fixed assets in line with IMAGES Accounting Policies & Guidelines and International Accounting Standards.
§  Record adjusting, closing and reversing entries to attain reconciliation in such cases (after approval by the Finance Manager).
§  Prepare financial statements (e.g. balance sheets, income and expense reports, cash flow analysis) and cash flow projections to determine the optimum use of funds or the need to raise additional revenue.
Accounts Payable
§  Receive invoices from suppliers/vendors and perform invoice matching with delivery notes and purchase orders through the system and submit statement of accounts to suppliers on monthly basis and reconcile variances with suppliers.
§  Prepare all payments (cash and bank/wire transfers, etc.) and facilitate the payment process in support of IMAGES operations by verifying documentation and requesting disbursements in accordance with the agreed terms and conditions and in-line with the purchase order & contract for supplier payments.
§  Conduct booking of bills payable upon receiving verification and approval for payment
Accounts Receivable
§  Prepare invoices, inform concerned parties to verify invoices, ensure payments are received in accordance with the contract terms and conditions, record all accounts receivable transactions and file all supporting documents.
§  Follow-up with Insurance companies and other patients in order to collect due amounts and prepare claim submissions to be sent to the Insurance companies for insurance claims in liaison with the Insurance Team.
§  Verify collected cash against K-Net machines, refunds and rejection and deposit cash collected from patients and the cheque withdrawal amounts from insurance companies in the banks.
Payroll activities
§  Verify payroll report received from the Human Resources & Administration Department, review additions and deductions and ensure timely release of employees’ salaries payment through the bank.
§  Liaise with the Human Resources & Administration Department and respond to inquiries related to discrepancies from other departments regarding payroll and related accounting issues.
§  Perform ad-hoc and other duties related to the job as assigned by the Direct Manager.
Reports
§  Prepare accounts payable/receivable reports related to aging, due payments, long outstanding receivables and others, as required.
§  Prepare General Ledger reports for management pertaining to journal vouchers summaries, account analysis, period closing, Trial Balance and other General Ledger reports as required.
§  Prepare reports related to the summary of payments, deductions, additions and other payroll related reports as requested by the Direct Manager.
§  Prepare reports that cover all accounting related activities for the Direct Manager.

Skills

§  Bachelor’s degree in Accounting, Finance or any related field

§  Minimum of 0 – 4 years of experience in the same or any related field.
§  Good knowledge of general ledger functions, book keeping, month/year end close process, preparing financial reports, International Accounting standards & principles and Microsoft Excel skills. Experience in Medical Field is plus.

Job Details

Job Location
Al Kuwait, Kuwait

Company Industry
Medical Clinic; Medical Hospital

Company Type
Employer (Private Sector)

Job Role
Accounting and Auditing

Employment Type
Full Time Employee

Monthly Salary Range
$1,500 – $2,000

Number of Vacancies
2

Preferred Candidate

Career Level
Mid Career

Years of Experience
Min: 2 Max: 5

Residence Location
Kuwait

Degree
Bachelor’s degree / higher diploma



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