Chief Financial Operations Specialist

2 days ago


Kuwait City, Al Asimah Gulf Cryo Full time
Job Description

The main job role of this position would be to maintain and control general ledger accounts and accounting transactions as per International Financial Reporting Standards (IFRS) for the business unit. The candidate will provide assistance to senior accountants in quarterly forecasting, annual budget preparation, monthly management reporting, and during annual audit processes.

Core Responsibilities
  • Perform day-to-day processing of accounts transactions to ensure company finances are up-to-date and accurate.
  • Assist senior accountants with monthly and year-end operations of the accounting department, including budget review and analysis.
  • Process and record accounts payable transactions, ensuring all invoices and staff reimbursements are paid accurately and in accordance with finance policies and procedures.
  • Manage cash receipts, recording revenue and receivables, and work closely with the team to ensure revenues and receivables are reconciled with Salesforce data at any given time.
  • Review expense coding to ensure 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 if necessary.
  • Ensure timely completion of monthly closings for all modules related to accounts receivable, payable, and fixed assets.
  • Maintain regular monthly customers and suppliers balance reconciliation.
  • Process invoices, debit memos for adjustments on restocking fees, currency issues, and transferring goods between customers.
  • Post cash receipts, discounts, allowances, price differences, returns, and other chargebacks to customer accounts timely and accurately.
  • Maintain thorough, well-organized accounts receivable customer files by scanning documents and sorting by customer.
Required Skills and Qualifications

Enthusiastic candidate with an accounting background, ready to tackle challenges in the accounting domain. Expertise in handling accounting activities by implementing the latest management and cost reduction trends. Strong communication and negotiation skills in partnership management and inter-department coordination. A keen eye for minute details with the ability to make sound decisions. Strong interpersonal and reporting skills. Ability to handle relevant software like Microsoft Dynamics for efficient preparation of reports and statements.



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