Financial Operations Specialist
10 hours ago
Job Summary:
We are seeking a highly skilled and detail-oriented Financial Operations Specialist to join our team at Gulf Cryo.
About the Role:
The main focus of this role is to maintain and control general ledger accounts and accounting transactions in accordance with International Financial Reporting Standards (IFRS). The successful candidate will provide assistance to the Senior Accountant/Chief Accountant/Credit Controller in quarterly forecasting, annual budgeting, monthly management reporting, and during annual audit processes.
Key Responsibilities:
- Accounts Processing: Perform daily processing of account transactions to ensure company finances are maintained effectively, accurately, and up-to-date.
- Assistance to Senior Accountant: Collaborate with the Senior Accountant/Chief Accountant/Credit Controller on monthly and year-end operations, including budget review and analysis.
- AP Transactions: Process and record accounts payable transactions, ensuring accurate payment of invoices and staff reimbursements in line with finance policies and procedures.
- Cash Receipts and Revenue Management: Manage cash receipts, record revenue and receivable, and work closely with the team to reconcile revenues and receivables with Salesforce data at all times.
- Expense Coding and Accruals: Review expense coding for compliance on a monthly basis, process functional and benefits expenses allocations, monthly accruals, amortization of prepaid expenses, fixed assets depreciation, and recording of adjusting and reclassification journal entries as needed.
- Maintenance of Accounts Receivable and Suppliers Balance Reconciliation: Ensure regular monthly reconciliation of customers and suppliers balances.
- Invoice Processing and Debit Memos: Process invoices and debit memos for adjustments on restocking fees, currency issues, and transferring goods between customers.
- Cash Receipts and Discounts: Post cash receipts, discounts, allowances, price differences, returns, and other chargebacks to customer accounts timely and accurately.
- Accounts Receivable Customer Files Maintenance: Maintain thorough, well-organized accounts receivable customer files by scanning documents and sorting by customer.
Requirements:
To be successful in this role, you will need:
- A background in accounting with a keen eye for detail.
- Expertise in handling accounting activities, implementing the latest management and cost reduction trends.
- Strong communication and negotiation skills for partnership management and inter-department coordination.
- A strong ability to make sound decisions and handle relevant software like Microsoft Dynamics for efficient preparation of reports and statements.
About Us:
Gulf Cryo is committed to providing a clean and sustainable environment. We operate on a clean basis and strive for sustainable development. Our company policies and procedures must be adhered to at all times.
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