Senior Accounting Professional

5 days ago


Kuwait City, Al Asimah Americana Restaurants International PLC Full time

We are seeking a talented Senior Accountant to join our team at Americana Restaurants International PLC. As a Senior Accountant, you will be responsible for the upkeep of our financial records, ensuring accuracy and transparency in all financial transactions.

Responsibilities:
  • Manage Accounts Receivable: Handle the full AR cycle, including receipt of invoices, tracking payments, coordinating with vendors, and maintaining accurate records.
  • Manage Accounts Payable: Work closely with vendors to resolve billing issues or disputes and perform SOA reconciliations.
  • Perform Sales Reconciliations: Reconcile sales data, collaborate with business stakeholders for shortages, and proactively follow up on outstanding balances to ensure timely collections.
  • Analyze Aging Reports: Examine aging reports and implement strategies to minimize overdue balances.

General Ledger Entry Management:

  • Prepare and post daily, weekly, and monthly GL entries.
  • Ensure all financial transactions are accurately recorded in the GL.
  • Reconcile GL accounts and resolve any discrepancies in a timely manner.
  • Assist in maintaining an organized and up-to-date chart of accounts.
  • Inter-company reconciliations.

Monthly Financial Close Process:

  • Oversee the monthly financial close process, ensuring all deadlines are met.
  • Prepare and review journal entries, accruals, and adjustments.
  • Ensure all balance sheet accounts are reconciled and discrepancies are addressed.
  • Collaborate with the finance team to prepare monthly financial statements and reports.

Product Costing and Pricing Strategies:

  • Analyze product costs, develop and maintain standard costing for products and services.
  • Provide insights and recommendations to improve cost efficiency.
  • Support pricing strategies by providing accurate costing data.
  • Assist in the preparation of financial statements in accordance with reporting standards.
  • Ensure compliance with internal controls, policies, and external regulations.
  • Participate in audits and assist with the preparation of audit schedules.
  • Identify opportunities to streamline and improve accounting processes.
  • Implement best practices to enhance the accuracy and efficiency of financial operations.
  • Provide mentorship and support to junior accounting staff.

Education and Experience:

  • Bachelor's in Commerce or equivalent qualification.
  • Completion of Cost Accountancy OR Semi Qualified CA's are a plus.
  • Minimum 3-4 years of Accounting experience.
  • Experience in F&B | Retail | FMCG industry is a plus.

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