Accountant

    • Full Time
    • Dubai

    Arab Media Group (AMG)

    Job description / Role

    Job Function:
    – The Accountant is responsible for managing the booking of transactions both on Payables and Receivables. This includes Booking invoices & generating payment for suppliers, creating invoices for Customers & recording receipts for payments collected from customers.
    – Additional responsibilities can include Bank Reconciliation, Cash Management & AR/AP Support duties.
    – This role will report to the Manager-Financial Operations.

    Key Accountabilities (includes, but not limited to the following):
    – Accounts Payables (AP) management & support duties
    – Maintain strict control over payables and to take timely action to ensure timely settlement.
    – Account supplier invoices against approved PO’s & Receiving notes in a timely manner with meaningful narrations.
    – Ensure accurate VAT treatment for each transaction.
    – Maintain relevant reports and records to support the payment and present the same to Line Manager for Validation.
    – Settle all time-bound payments like Subscription services / Utility Expenses on time to avoid disruption / disconnection of services.
    – Follow up for invoices / settlement for advance payments.
    – Ensure reconciliations with major Suppliers at least twice a year and once for all other Suppliers.
    – Ensure prompt escalation of disputes or delayed payments to the Line Manager.
    – Co-ordinate with the Vendor for the pick-up / delivery of the payment and to provide details of settlement.
    – Accounts Receivable (AR) – Transaction Management & Support duties
    – Book AR invoices, debit & credit notes as advised by AR team.
    – Book Advance Tax invoices and reversals as advised by AR team.
    – Book AR receipts & allocation of invoices as advised by Credit Controller.
    – Ensure the Receipt # nomenclature and accounting for Inward Remittances/Credit Card Charges is done as per procedure.
    – Communicate with AR team on inward remittances.
    – Review cheque returns with AR team.
    – Assist in banking of cheques on a daily basis.
    – Bank Reconciliation
    – Execute Bank reconciliation on Oracle
    – Co-ordinate with AR team for pending receipts, if any.
    – Co-ordinate with AP team & line manager for Adhoc bank transactions like financial charges.
    – Submit monthly bank reconciliation statement for sign-off.

    General:
    – Assist Senior Accountant with Freelance payments and preparing the Budget variance report for approval.
    – Submit collection report based on receipts/PDC control for credit control commissions.
    – Manage Petty cash, Gift cash and any other cash received as and when assigned and submit all relevant reports for reconciliation/settlement.
    – Manage Inter-company (AGIS) transactions, as required.
    – Assist with requirements of the company’s independent external & internal auditors.
    – Ensure filing of all documents for easy retrieval
    – Perform any other task assigned by the Line Manager.

    Key Performance Indicators:
    – Timely and accurate verification of documents
    – Timely settlement of supplier payments and issue of Invoices/Credit notes.
    – Accuracy and efficiency in accounting
    – Accuracy and timely submission of reports

    Key Competencies:
    – Business partner approach
    – Strong Communication Skills – Oral & Written
    – Strong team-work & co-ordination Skills
    – Analytical thinking & Attention to detail
    – Excellent self-management
    – Result Oriented & Ability to meet deadlines
    – High degree of autonomy and integrity

    To apply for this job email your details to amg@arabmediagroup.ae