Senior Accountant

The Senior Accountant is responsible for managing the full spectrum of accounting activities, including Accounts Payable, Accounts Receivable, Banking, Inter-company Transactions, Month-End Closing, and Monthly Reporting.

The role ensures accurate financial record-keeping, timely reporting, effective cash flow monitoring, and compliance with company policies and procedures.

1.

Bank reconciliations, including all banking transactions, should be prepared on a weekly basis and submitted for approval by the 3rd of every month.

2.

Checking of margin money and other deposit accounts on a regular basis, ensuring all banking transactions are accurately recorded; a weekly report of all deposits including margin money to be submitted.

3.

Control of postdated cheques and preparation of a comprehensive cash flow report at the end of the month.

4.

As we have a monthly closing of books by the 5th of every month, all possible accounting entries, including intercompany and internal transactions, should be posted, checked, and corrected on or before this date.

5.

Preparation of Debit and Credit Notes relating to my area, including all Accounts Receivable and Accounts Payable transactions, and preparation of all related schedules for the final accounts.

6.

Preparing a monthly schedule of all committed payments, including PDCs, loan repayments, and PPC settlements, and monitoring Accounts Payable transactions on a day-to-day basis.

7.

Preparation of all management and monthly financial reports, ensuring accurate and timely Monthly Reporting.

8.

Preparing and posting all internal transfers and intercompany transactions accurately.

9.

Any other assignment that may become necessary from time to time.

10.

Handling correspondences pertaining to this area of work.

11.

Booking of asset invoices, preparation of schedules of assets on a monthly basis, allocation of costs, and posting all necessary depreciation entries.

12.

Handling all payments related to office rent, staff/labour accommodation, medical insurances, etc., including proper accounting entries and preparation of related schedules.

13.

Numbering and tagging assets, conducting periodic site visits for quarterly physical asset counts, and submitting reports thereon.

14.

Obtaining quotations and arranging management approval for disposal of any asset.

15.

Completing all disposal procedures accurately.

16.

Issuing necessary invoices and debit notes for materials issued from the stores, ensuring proper Accounts Receivable tracking.

17.

Preparing suppliers’ and subcontractors’ payments as per agreed payment terms, ensuring all Accounts Payable transactions are accurate and timely.

18.

Entering all receipts in Oracle to maintain accurate financial records.

19.

Preparing monthly bank reconciliations, including all banking transactions, for submission and review.

20.

Preparing monthly project-wise forecasted cash flow reports for Financial Management (FM).

21.

Updating project-wise cash-in and cash-out reports regularly.

22.

Preparing the Treasury Pack on a weekly basis to monitor cash flow and banking transactions.