Accountant – Gold & Diamond
Role Overview
The employer is seeking an Accountant with practical experience in the Gold and Diamond industry.
The role manages accounting operations, inventory records, financial transactions, reconciliations, and reporting.
Key Skills for This Role
Full Job Posting
Role Overview
The employer is seeking an Accountant with practical experience in the Gold and Diamond industry.
The role manages accounting operations, inventory records, financial transactions, reconciliations, and reporting.
Accounting Operations
- Manage daily accounting transactions and maintain accurate financial records.
- Record sales, purchases, expenses, receipts, payments, and journal entries.
- Prepare the general ledger and supporting schedules.
- Reconcile bank, cash, customer, and supplier accounts.
- Monitor accounts receivable and accounts payable.
- Prepare financial and management reports and support month-end and year-end closing.
- Maintain documentation for financial transactions.
Gold and Diamond Inventory
- Maintain records for gold, diamonds, gemstones, and jewelry inventory.
- Record gold purchases and sales using weight, purity, rates, and value.
- Track diamond purchases and sales using quantity, carat weight, quality, and value.
- Track stock movements between branches, stores, warehouses, and workshops.
- Reconcile physical inventory with accounting and system records.
- Prepare inventory reconciliation and valuation reports.
Inventory Control
- Maintain daily gold rates and verify purchase and sales calculations.
- Monitor wastage, making charges, discounts, and other jewelry-related charges.
- Investigate discrepancies between physical stock and system records.
- Coordinate inventory matters with sales, purchasing, warehouse, and management teams.
Transactions and Accounts
- Verify diamond invoices, purchase documents, sales invoices, and supporting documentation.
- Maintain diamond carat, specification, certificate, cost, and selling-price records.
- Verify jewelry invoices and calculations for gold, stones, making charges, and related charges.
- Monitor customer orders, deposits, payments, and outstanding balances.
- Prepare supplier payment schedules and customer aging reports.
- Resolve accounting discrepancies with suppliers and customers.
Cash, Banking, and Compliance
- Monitor daily cash receipts, payments, deposits, withdrawals, transfers, and other banking transactions.
- Reconcile cash balances with system records and physical cash.
- Maintain documentation for cash and banking transactions.
- Maintain accounting records for audits and coordinate with external auditors.
- Ensure procedures comply with company policies and Qatar regulations.
Qualifications and Experience
- A bachelor's degree in Accounting, Finance, Commerce, or a related field is required.
- Minimum 3–5 years of accounting experience is required.
- Gold, diamond, jewelry, or precious-metals industry experience is preferred, while practical gold and diamond inventory accounting experience is required.
- Previous Qatar or GCC market experience is preferred.
- Proficiency in Microsoft Excel and accounting software or ERP systems is required.
- Good command of English is required; Arabic is an advantage.
Candidate Profile
- Strong numerical and analytical skills are required.
- The candidate should demonstrate accuracy, integrity, confidentiality, and problem-solving ability.
- The role requires the ability to independently manage accounting transactions and reconcile high-value precious-metal and diamond inventory.
Workplace
- The work location is stated as in person.
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