General Accountant

JOB PURPOSE

Responsible for applying accounting principles and procedures to analyze financial information, prepare accurate and timely financial reports and statements and ensure following appropriate accounting control procedures.

KEY ACCOUNTABILITIES

• Review GL Accounts on daily basis and record all necessary transactions when needed.
• Follow up on receiving the branding and advertisement bills from the marketing and production departments, on weekly basis, for accounting.
• Follow up on receiving the employees visa processing bills from HR department, on weekly basis, for accounting.
• Monitor the POS data integrated with Oracle on daily basis, to ensure there is no missing data, and if discrepancy found, report it immediately to IT department to fix the issue.
• Reconcile all cash sales data with bank accounts on daily basis, to ensure appropriate deposit of collection in an accurate and timely matter.
• Prepare and send the daily sales report by branch by salesmen to the management.
• Update the petty cash expenses on the system on weekly basis, monitor appropriate use of the fund, and report any abuse of the cash spent to the management, if it contradicts with the Companys internal policies or have been released without the prior approval of concerned managers/supervisors.
• Prepare and manage the local/foreign suppliers payments as per the ageing of A/P on daily basis.
• Ensure proper allocation of all payment vouchers recorded on vendor accounts.
• Reconcile all local and foreign vendors statement of accounts on monthly basis.
• Review and record all kind of expenses and suggestion for cost reduction.
• Ensure proper records of fixed assets and depreciation schedules.
• Prepare all bank accounts reconciliation on monthly basis.
• Prepare the monthly incentive report as per the Companys incentive criteria and targets, and submit it to the management for review and approval, by 10th of each month.
• Keep up with any new signed agreement shared by the admin department, for financial consideration and accounting. (Agreements such as: rent agreements and cancellation, professional consultation agreements, maintenance contracts, warehousing and 3PL agreements, etc).
• Ensure the completion and accuracy of income statements data by 15th of each month.
• Ensure the completion and accuracy of balance sheet data by 25th of each month.
• Assist management with the yearly budget report preparation, as required.
• Prepare any additional financial report requested by the direct supervisor/manager.