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Senior Accountant

1.00 to 10.00 Years   Al Kuwait, Kuwait   17 Mar, 2025
MyFatoorah
100 to 499 Jobs Openings
Job LocationAl Kuwait, Kuwait
EducationNot Mentioned
Salary$2,000 - $3,000
IndustryFinancial Services - Economics & Financial Consulting
Functional AreaNot Mentioned

Job Description

  • Ensure accurate and timely processing of payments, refunds, deposits, and settlements daily.
  • Perform daily and monthly reconciliations for transactions, including bank accounts, and settlement reports.
  • Monitor bank accounts daily, ensuring all settled amounts are correctly reflected, and coordinate with banks to resolve discrepancies.
  • Prepare monthly financial statements, including balance sheets, income statements, and cash flow reports.
  • Support month-end and year-end closing processes, ensuring accuracy in general ledger entries and financial data.
  • Ensure compliance with IFRS standards, tax regulations, and internal financial policies.
  • Assist with internal and external audits, preparing required documentation and addressing auditor queries.
  • Manage vendor settlements, deposit handling, and payment reconciliations, ensuring timely and accurate processing.
  • Review and reconcile invoices, ensuring vendor payments are processed efficiently.
  • Coordinate with banks and financial partners to resolve payment-related issues, update depositing portals, and ensure seamless fund transfers.
  • Identify opportunities for automation and process enhancements to improve reconciliation efficiency and financial reporting accuracy.
  • Assist in budgeting, forecasting, and cash flow management to support business decision-making.
  • Provide financial insights and reporting to the management team, ensuring well-informed business decisions.
  • Conduct financial analysis to support business growth and operational improvements.

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