Accounts/Finance Executive

Description

Summary: Seeking a talented Finance Executive to manage daily accounting, oversee AR/AP, perform reconciliations, handle VAT compliance, and assist in financial reporting. Highlights: 1. Manage daily accounting entries and financial operations 2. Ensure VAT compliance and assist in financial reporting 3. Opportunity to optimize costs and manage inventory effectively A reputable company is seeking a talented Finance Executive to join its Accounting team. The ideal candidate will be responsible for achieving the following: **Job Description:** * **Daily Operations:** Manage daily accounting entries, including invoices, vouchers, receipts, and payments. * **Accounts Receivable/Payable:** Oversee AR/AP functions, including following up on overdue accounts and matching collections against invoices. * **Reconciliations:** Perform bank reconciliations, supplier statement reconciliations, and intercompany reconciliations. * **VAT Compliance:** Handle VAT invoicing, documentation, and filing in compliance with Omani tax regulations. * **Financial Reporting:** Assist in preparing monthly/quarterly financial statements, trial balances, and MIS reports using accounting software and MS Excel. * **Petty Cash:** Monitor and manage petty cash disbursements and reconciliation. * **Reports:** Preparing required reports and workings as instructed by the supervisors. The best match for this role will look for ways to reduce costs to the company, such as evaluating costs of purchasing from various suppliers to arrive at the best deal. **1\.** Prepare and/or review the purchase requisitions/orders as required and GRN upon receipt of material. **2\.** Check the stock availability in the stores \& source price quotations as per the requisitions /orders and process purchase requisitions/orders within purchasing authority. **3\.** Monitor inventory levels, reconcile physical inventories with records \& generate and/or review inventory reports. **4\.** Stock issue once the payment is made against GRN and check the stock statement on weekly basis \& reconcile the inventory and GRN ledger. **5\.** Maintain stock rotation using various approach “first in first out” (FIFO) for disposal of stock and account for obsolete stock. **6\.** Work with internal and external stakeholders to determine supply needs, quality and delivery requirements. **7\.** Interacting with suppliers in case of delay in delivery of supplies, receipt of damaged or incorrect quality of goods. **8\.** Will be a backup for other accountants in their absence. * **Necessary Knowledge, Skills and Abilities** 1\. Active listening and learning 2\. Time management, writing service orientation and good knowledge of maintaining accounts. math skills are necessary 3\. Should have Computer IT skills, e.g. using email, MS Office. 4\. Should be able to efficiently deal with Internal/External parties of the organization as well as the suppliers, shipping agents, courier companies. * **Competencies Required** 1\. Customer Service 2\. Good communication skills 3\. Interpersonal skills 4\. Problem solving skills. 5\. Computer literate * **Experience Required** Minimum 5 Years’ relevant experience Job Types: Full\-time, Permanent Work Location: In person