Accountant – Qatar Post

Full Time @ Jobs in Qatar Sector: Accounting, Finance & Banking
  • Doha, Qatar View on Map
  • Date Posted : February 10, 2022
  • Salary: Negotiable
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About the job

JOB PURPOSE / ROLE

The objective of an Accountant is to administer the accounts payable activities and to ensure proper recording and timely issuance of payments in line with the financial process controls. He/ she is responsible for providing accounting support for Q-Post, including, but not limited to recording of accounts payable postings; receiving invoices; paying cheques, accounts payable reconciliations; and other related responsibilities

KEY RESPONSIBILITIES

  • Record accounts payable in the accounting system with respect to all supplier invoices, staff salary, and other recurring expenses, in line with the financial policies and procedures of Q-Post
  • Receive and verify invoices for goods and services, verify receipt of goods; and reconcile financial statements provided by suppliers to ensure ledger balance data accuracy. Also, perform accruals listing for invoices related to prior month (if any, pending)
  • Prepare batches of invoices for data entry, maintain lists of accounts payable and reconcile creditors’ accounts on a periodic basis to the general ledger
  • Enter data of invoices for payments, process backup reports after data entry to ensure continuity of financial record maintenance in case of technical adversities; and ensure data integrity to enable generation of accurate and timely financial reports
  • Process and remit accounts payable cheques (both manual and system generated) and electronic funds transfers, including replacement cheques; and list all vendor cheques in the logbook
  • Liaise with banks and external organizations on matters relevant to the payment of funds via various methods (telegraphic transfer, direct deposit, Internet, credit cards etc.), in coordination with the Head of Accounts Payable
  • Review creditors’ ageing report on a weekly basis after payment run to ensure there are no overdue accounts to be paid
  • Handle creditors’ enquiries on account payables; prepare and provide creditors’ ledger accounts when directed by the Head of Accounts Payable
  • Monitor cash flows on a daily basis and schedule transfer of any excess funds to the cash management account or vice versa
  • Reconcile the outstanding credits to identify and resolve payment discrepancies; and investigate unpaid invoices, credit memos, back-ordered items for accounts payable
  • Process staff payroll in line with the payroll information by the Payroll Administrator. Reconcile payroll information before final processing
  • Perform monthly bank reconciliation in the accounting system and prepare month-end accruals of expenses and post accruals in the system
  • Assist the Head of Accounts Payable with cash flow statements, month-end general ledger reconciliations, preparation of reports, and audits
  • Maintain financial information, files and records (e.g. copies of received invoices; cheques; documentation; travel reimbursements; reports, subscription registers and more) to ensure compliance and document availability to meet regulatory, organizational and audit requirements
  • Ensure that all invoices are processed in line with the approved Finance policies and procedures
  • Work closely with the Head of Accounts Payable to identify measurable targets for the section for objectives arising from the annual business plan
  • Provide guidance, and support to staff on accounts payable processes, and ensure that all invoices and requests are completely in line with the approved financial policies and procedures
  • Continually review processes, and procedures within the accounts payable area and develop and report on recommendations for business process improvements and efficiency
  • Attend regular meetings with the Head of Accounts Payable to discuss and monitor workflows, deadlines and deliverables
  • Perform all other duties as delegated by the Head of Accounts Payable, or as per business requirements

JOB-SPECIFIC SKILLS

  • Working knowledge of GAAP (Generally Accepted Accounting Principles)
  • Working knowledge of IFRS (International Financial Reporting Standards)
  • Knowledge of accounting administrative software systems (Example – SAP and oracle)
  • Strong analytical skills
  • Fluency in English is required. Arabic language skills are preferable
  • Expert in the usage of MS-Office (MS-Word, MS-PowerPoint, MS-Excel)
  • Good time management skills
  • Attention to detail

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