Company Description
ARKANIA, established in 2014, is a prominent developer delivering high-quality and luxurious projects in various cities. The company is committed to excellence in construction and design, setting new standards in the industry.
Objectives of This Role
- Ensure all vendor invoices are reviewed, verified, and processed within established timelines to maintain positive vendor relationships and avoid late fees.
- Maintain a high level of accuracy in coding and recording financial transactions, ensuring compliance with company policies and accounting regulations.
- Monitor and manage cash flow related to accounts payable, optimizing payment schedules to support operational needs while preserving liquidity.
- Build and maintain strong relationships with vendors and contractors, addressing inquiries and resolving discrepancies promptly to foster collaboration.
- Conduct regular reconciliations of accounts payable and general ledger accounts, providing accurate reports to management for financial analysis and decision-making.
- Identify and implement process improvements to enhance the efficiency and effectiveness of the accounts payable function, contributing to overall operational excellence.
- Prepare and provide necessary documentation for internal and external audits, ensuring transparency and compliance in financial reporting.
- Work closely with other departments, such as property management and finance, to ensure smooth operations and effective communication regarding financial transactions.
Responsibilities & Duties
Daily tasks:
- Ensuring that all movements related to the accounts of suppliers, contractors and creditors (project partners) are recorded on a daily basis and without any delay.
- Follow-up and record any settlements related to those accounts on a timely basis and without any delay.
- Ensure that all extracts, invoices and dues for the month are entered.
- Preparing monthly reconciliations for the balances of suppliers, contractors and creditors.
- Reviewing and verifying the validity of the accounts of the due expenses and the expenses paid in advance.
- Prepare required adjustments daily and without any delay.
- Settlement of the monthly covenant in accordance with the policy established in this regard.
- To ensure that the balances of suppliers, contractors and creditors match the balances in the general journal.
Monthly closing tasks:
- Preparing records of due expenses such as wages, salaries, commissions, telephone expenses, electricity, water...etc.
- Completion of monthly reconciliation procedures for the accounts of suppliers, contractors and creditors.
- Ensure that all covenants are closed.
Monthly reports:
- A total balance of all credit balances.
- Balance of the balances of contractors, suppliers, and creditors.
- Monthly expense analysis.
General Duties:
- Preparing entry permits and accounting guidance for suppliers and expenses.
- Maintain accounts of suppliers, contractors and creditors.
- Follow up on the payment of dues to suppliers, contractors and creditors.
- Review contracts of agreement and prices with contractors and suppliers.
- Preparing financial data and information in accordance with approved accounting principles and rules.
- Participate in the preparation of plans for the uses of funds in coordination with the Marketing, engineering Department and financial Department and submitting them for approval.
- Execute what was delegated to him by his direct supervisor.
Job Requirements
Education:
- Bachelor’s BS degree in Accounting, Finance, or a related field.
Experience:
- 5-8 years of experience as a general accountant.
- Advanced MS Excel (is Must).
- Hands-on experience with (ERP) System Usage.
Skills:
- Excellent time management skills and ability to multi-task and prioritize work.
- Attention to detail and accuracy.
- Excellent problem-solving and decision-making skills.
- Excellent written and verbal communication skills.
- Strong organizational and planning skills in a fast-paced environment.
- Ability to work independently and collaboratively in a team.