An Accounts Officer (CA Inter Qualified) plays a pivotal role in managing and overseeing financial operations within an organization. The role primarily focuses on ensuring accurate financial record-keeping, preparing financial statements, managing audits, and supporting the overall financial health of the company. As a CA Inter (Chartered Accountant Intermediate) qualified professional, the candidate is expected to possess advanced knowledge of accounting principles, taxation, auditing, and finance management.
The position demands a keen eye for detail, analytical skills, and the ability to work under pressure to meet deadlines. The Accounts Officer is expected to contribute to the smooth functioning of the finance department by maintaining financial integrity and ensuring compliance with applicable financial regulations and standards.
| Salary | Market Competitive |
| Experience | 2 – 6 years |
| Location | Oman |
| Qualification | CA Inter |
| Posted | 12 November 2024 |
| Job Type | Full-Time |
| Posted by | Habeebi Recruiter |
| last date to apply | apply within 15 days of posting |
Key Responsibilities
1. Financial Record Keeping
The primary responsibility of the Accounts Officer is to ensure that all financial transactions are accurately recorded in the company’s books. This includes managing accounts payable and receivable, ensuring proper documentation, and maintaining general ledgers. The officer must also reconcile discrepancies in financial statements, ensuring data accuracy at all times.
2. Preparation of Financial Statements
The Accounts Officer is responsible for preparing periodic financial statements, including balance sheets, profit and loss accounts, and cash flow statements. These documents must be accurate and prepared in accordance with accounting standards and regulations. The officer may also be tasked with preparing budget reports and forecasts for internal stakeholders.
3. Taxation and Compliance
A significant part of the Accounts Officer’s responsibilities involves ensuring compliance with tax regulations. This includes calculating and filing tax returns, managing GST/VAT, and staying updated with changes in tax laws. The officer ensures that the organization remains compliant with relevant laws and that all tax-related filings are submitted on time to avoid penalties.
4. Internal Controls and Auditing
The Accounts Officer works closely with internal auditors and external auditors to ensure that the company’s financial processes and records are in order. They help in conducting internal audits, reviewing accounting procedures, and suggesting improvements in the internal control framework to minimize financial risks.
5. Budgeting and Financial Analysis
The officer assists in the budgeting process by providing relevant financial data and offering insights to improve the financial planning process. They analyze variances between budgeted and actual figures, assess financial performance, and recommend corrective actions to enhance profitability.
6. Reporting to Senior Management
An important responsibility is to assist the senior management team with regular financial reports, offering insights and data necessary for strategic decision-making. The Accounts Officer must present findings on financial performance, cash flow, and potential risks, helping management with accurate forecasting and planning.
7. Supporting Financial Strategy and Policy
The Accounts Officer also contributes to the development and implementation of financial strategies and policies. They ensure that financial practices align with company goals, and offer suggestions on cost-cutting measures, efficiency improvements, and resource allocation to support long-term financial sustainability.
8. Team Collaboration and Supervision
In some cases, the Accounts Officer may be responsible for supervising and mentoring junior accounting staff. They provide guidance on day-to-day accounting activities, ensuring that the team adheres to company policies and industry standards. They may also work in collaboration with other departments to ensure smooth financial operations across the organization.
Skills and Qualifications
- Educational Qualification: CA Intermediate or equivalent professional qualification.
- Technical Skills: Proficiency in accounting software (e.g., Tally, SAP), MS Excel, and other financial tools.
- Knowledge of Accounting Principles: Strong understanding of accounting principles, standards, and practices.
- Attention to Detail: Ability to handle complex financial data and identify discrepancies.
- Analytical Skills: Competence in financial analysis and reporting.
- Communication Skills: Ability to communicate financial information clearly to non-financial stakeholders.
Conclusion
The Accounts Officer (CA Inter Qualified) is essential for maintaining financial discipline and ensuring the smooth operation of financial systems within an organization. Their responsibilities extend beyond basic bookkeeping to include strategic financial management, compliance, and reporting, making the role crucial for organizational growth and financial stability.
How to apply:
Send your updated resume to our email or directly reach us at our phone:
Email: enquiry@alnabaservices.com
Phone: +968 24629995
Fax: +968 24629987