Financial Analyst

4 weeks ago


Kuwait City, Al Asimah LxbfYeaa Full time
Job Title: Financial Analyst

Job Summary:

We are seeking a highly skilled Financial Analyst to join our team at LxbfYeaa. As a Financial Analyst, you will be responsible for ensuring the authenticity and accuracy of received documents from internal and external entities in support of monetary transactions. You will record accounting entries in the ERP system as per supporting information/documents and ensure accuracy in recording transactions. Additionally, you will verify the preliminary approval of all vouchers before passing accounting entries. You will also ensure safekeeping and filing of accounting documents, correspondence, and supporting documents within the department. Furthermore, you will extract sufficient information and reports from the ERP system for compiling and preparing management reports and accounts. You will perform periodical reconciliation of Company records with Banks, Vendor Accounts, GL accounts, sub-ledgers, etc., for all countries including currency conversions, etc. You will also perform the assigned tasks for period-end closing of books of accounts and passing necessary accounting entries. You will assist the Manager in providing information for preparing and compiling management reports and preparing variance analysis. You will coordinate with Stores or Locations to obtain required confirmations for receiving assets/goods as per orders placed. You will physically inspect the assets, goods, and ensure actual receipt of such assets/goods before recording any accounting entries. You will participate in and conduct inventory physical counts and physical verification of assets as per management directives. You will ensure correctness in preparation of vouchers, recording of entries, preparation of supporting documents for the entries. You will prepare error-free monthly financial statements, reports, and records by collecting, analyzing, and summarizing accounting information. You will adjust hours of work, priorities, and assignments to ensure efficient operation, based on workload within the department and the direct manager's instructions. You will comply with Company's by-laws, code of conduct, and policies and procedures and amendments thereto. You will perform any other relevant job roles and responsibilities assigned by the next in-line supervising authority or head of the department from time to time, in addition to/in substitution of the existing roles.

Responsibilities:

* Ensure authenticity and accuracy of received documents
* Record accounting entries in the ERP system
* Verify preliminary approval of all vouchers
* Ensure safekeeping and filing of accounting documents
* Extract information and reports from the ERP system
* Perform periodical reconciliation of Company records
* Assist Manager in preparing management reports
* Coordinate with Stores or Locations
* Participate in inventory physical counts
* Ensure correctness in preparation of vouchers
* Prepare error-free monthly financial statements
* Comply with Company's by-laws and policies

Requirements:

* Enthusiastic candidate with an Accounting background
* Sound knowledge of different types of financial reports and balance sheets
* Problem-solving and creative skills
* Strong knowledge base and technical skills in financial and cost accounting
* Hands-on experience in handling MS Word, Excel, Outlook, Teams, and Power Point
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