Financial Operations Specialist for Gulf Cryo

2 days ago


Kuwait City, Al Asimah Gulf Cryo Full time
Job Summary

The Financial Operations Specialist will be responsible for maintaining and controlling general ledger accounts and accounting transactions in accordance with IFRS standards.

Key Responsibilities:
  • Maintain accurate and up-to-date company finances by processing daily account transactions.
  • Assist Senior Accountant/Chief Accountant/Credit Controller with quarterly forecasting, annual budget, monthly management reporting, and annual audit processes.
  • Process and record AP transactions, ensuring timely payment of invoices and staff reimbursements in line with finance policies and procedures.
  • Manage cash receipts, record revenue and receivables, and reconcile revenues and receivables with Salesforce data in real-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 as needed.
  • Closely monitor monthly closing timelines for all modules related to AR, AP, and FA.
  • Perform regular 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.
Requirements:
  • 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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