Head of Accounting and Compliance

4 days ago


Kuwait City, Al Asimah MyFatoorah Full time
About Us

We are a leading fintech company providing innovative payment solutions to businesses across the region.

Role Summary

The Senior Accountant will be responsible for ensuring the accuracy and timeliness of financial transactions, reconciliations, and reporting, while maintaining compliance with IFRS standards, tax regulations, and internal financial policies.

Main Responsibilities
  1. Transaction Accuracy: Ensure the timely and accurate processing of payments, refunds, deposits, and settlements, using Microsoft Dynamics expertise to optimize financial operations.
  2. Reconciliation Expertise: Perform daily and monthly reconciliations for transactions, including bank accounts, and settlement reports, maintaining high levels of accuracy and attention to detail.
  3. Bank Relationships: Monitor bank accounts daily, resolving discrepancies in a timely manner, and collaborating with banks to guarantee correct reflections of settled amounts.
  4. Financial Reporting: Prepare monthly financial statements, including balance sheets, income statements, and cash flow reports, adhering to rigorous standards and timelines.
  5. Closing Processes: Support month-end and year-end closing processes, ensuring the accuracy of general ledger entries and financial data.
  6. Compliance and Governance: Maintain compliance with IFRS standards, tax regulations, and internal financial policies, assisting with internal and external audits as needed.
  7. Vendor Management: Manage vendor settlements, deposit handling, and payment reconciliations, prioritizing timely and accurate processing.
  8. Invoice Reconciliation: Review and reconcile invoices, ensuring efficient vendor payments and minimizing errors.
  9. Payment Coordination: Collaborate with banks and financial partners to resolve payment-related issues, update depositing portals, and ensure seamless fund transfers.
  10. Process Optimization: Identify opportunities for automation and process enhancements, improving reconciliation efficiency and financial reporting accuracy.
  11. Financial Insights: Assist in budgeting, forecasting, and cash flow management, providing financial insights and reporting to the management team.
Essential Skills and Qualifications
  • Bachelor's degree in Accounting, Finance, or a related field.
  • 4+ years of experience in accounting, with a strong background in reconciliation and financial reporting.
  • Expert in Microsoft Dynamics.
  • Strong analytical skills with the ability to reconcile transactions and prepare detailed financial reports.
  • Excellent communication skills, particularly in coordinating with vendors, banks, and internal teams.
  • Attention to detail and accuracy in financial record-keeping and reporting.
  • Ability to manage multiple tasks and prioritize effectively.
  • Fluent in Arabic & English.


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