Sr. Accountant
Earthlinktele, Iraq

The position is responsible for Performing intermediate accounting functions within the General Ledger, Financial Data reporting adhering to policies and procedures of the company. This position handles all aspects of accounting related to the sister companies including: AP, AR, Fixed Assets and Treasury.

Requirements

Intermediate Accounting Duties:

• Provide financial variance reporting and analysis and recommend corrective action.
• Support the Chief Accountant in developing basic reports (i.e., profit and loss statements, balance sheets, depreciation statements, cash flow, debtor and creditor lists, repayment schedules, etc.).
• Assist with Month-end balance sheet reconciliations.
• Collect, compile, and record financial and statistical data in the preparation of the monthly financial statements.
• Support the chief accountant in procedural documents, internal audit support, policy implementation, and standards compliance.
• Reconciling, analyzing and reviewing all accounts and proactively resolving all issues to achieve efficient and accurate month-end close.
• Resolve Intermediate Discrepancies in due time with minimal supervision and provide solutions.
• Be a reference point in terms of knowledge in the function to other junior accountants.
• Assist in preparation of monthly financial statement and worksheets.
• Handle payroll Verifications, managing staff loans, prepare payroll deductions monthly.
• Perform Drive month-end close processes including cash, assets and liabilities.
• Finalize tax Related reports and entries and monitor any taxation issues.
• Prepare and finalize general expenses reports.
• Ensure daily reconciliation of the petty cash and banks daily.
• Ensure all daily transactions are entered into the system.
• Sign on each transaction before posting in the system.
• Ensure accurate and timely monthly, quarterly and year end close.
• Prepare monthly account reconciliations for the General Ledger.
• Prepare reconciliation with major vendors.
• Handle VAT Reporting compliance.
• Ensure archiving of transactions is done accurately and in an organized manner

Basic Accounting duties:.

• Ensure all work undertaken complies with company policy and financial laws.
• Guarantee high quality of internal administration, filing and traceability of all documents to ensure efficiency and effectiveness of the department.
• Assist in preparation of monthly financial statement and worksheets.
• Handle payroll Verifications, managing staff loans, prepare payroll deductions monthly.
• Effectively using the accounting system and ensure all invoices are entered and posted.
• Ensure all costing and orders are completed efficiently and effectively.
• Complete the daily bank reconciliations, matching the company accounts with the bank accounts.
• Perform Drive month-end close processes including cash, assets and liabilities
• Finalize tax Related reports and entries and monitory any taxation issues.
• Prepare and finalize general expenses reports.
• Prepare journal entries for the General Ledger (cash, accruals, consolidation and elimination).
• Enter all expenses in the accounting system as per company policy.
• Enter all credit Card payments in the accounting system and audit the account balance
• Monitor and follow-up how the customer accounts are closed as per the purchase request and customer agreement contract.
• Maintain the petty cash fund.
• Enter all cash Receipt documents into the Excel sheet cheque file.
• Prepare all purchase orders and payment voucher reports.
• Enter all daily accounting vouchers are completed according to the approved chart of accounts and implemented accounting policies submitting to chief accountant for approvals and reporting any discrepancies to Chief Accountant.
• Collecting invoices for payment, providing accounting codes and inputting the invoice data into the Accounting system.
• Ensure accurate and timely monthly, quarterly and year end close.
• Prepare monthly account reconciliations for the General Ledger.
• reporting any discrepancies to the Finance Manager
• Prepare reconciliation with major vendors.

Job Rewards and Benefits