An Accountant is responsible for managing financial records, analyzing financial data, and ensuring accurate reporting and compliance with regulations. This role involves preparing financial statements, processing transactions, and performing reconciliations to maintain the accuracy and integrity of financial information. Accountants play a key role in budgeting, tax filing, and financial forecasting, ensuring that the organization’s financial health is monitored and maintained. They work closely with other departments and management to provide insights into financial performance and assist in decision-making.
Salary | 3000-3500 |
Experience | 1 years |
Location | Qatar |
Qualification | Bachelor’s degree |
Posted | 19 September 2024 |
Job Type | Full-Time |
Posted by | Habeebi Recruiter |
last date to apply | apply within 15 days of posting |
Responsibilities:
- Financial Record Keeping: Accountants are responsible for maintaining accurate and up-to-date financial records, which include tracking income, expenses, assets, and liabilities. This involves ensuring that all financial transactions are properly recorded in the organization’s accounting system, using bookkeeping software such as QuickBooks, SAP, or Excel. Accurate record-keeping is essential for preparing financial reports and ensuring the organization’s financial integrity.
- Preparing Financial Statements: One of the key responsibilities of an Accountant is preparing financial statements, including balance sheets, income statements, and cash flow statements. These reports provide a snapshot of the organization’s financial performance and position, which are crucial for internal review and external reporting. Accountants must ensure that these statements are prepared in compliance with accounting standards and regulations such as GAAP or IFRS.
- Managing Accounts Payable and Receivable: Accountants handle the processing of invoices, payments, and receipts for both accounts payable (money owed by the organization) and accounts receivable (money owed to the organization). This includes verifying the accuracy of invoices, processing payments, and following up on overdue accounts. Effective management of these accounts ensures smooth cash flow and financial operations.
- Budgeting and Financial Forecasting: Accountants work closely with management to develop budgets and provide financial forecasts. This includes analyzing past financial data, projecting future revenues and expenses, and helping to create financial plans that align with the organization’s goals. Accountants play a key role in ensuring that the organization remains financially stable by providing accurate forecasts and identifying potential financial risks.
- Tax Compliance and Filing: Accountants are responsible for preparing and filing tax returns, ensuring compliance with local, state, and federal tax regulations. This involves calculating tax liabilities, identifying deductions and credits, and submitting the necessary forms within the required deadlines. Accountants must stay updated on tax laws and regulations to minimize the organization’s tax liabilities and avoid penalties.
- Conducting Audits and Internal Controls: Accountants may conduct internal audits to verify the accuracy of financial records and ensure compliance with the organization’s internal control procedures. This involves reviewing transactions, assessing risks, and identifying any discrepancies or areas of non-compliance. By conducting regular audits, Accountants help safeguard the organization’s assets and ensure that financial processes are functioning efficiently.
- Reconciling Accounts: Another critical responsibility of an Accountant is performing regular reconciliations of various accounts, including bank accounts, general ledger accounts, and other financial statements. Reconciliation involves comparing the organization’s financial records to external documents (such as bank statements) to ensure that the figures match and are accurate. This helps detect any errors or inconsistencies in the financial data.
- Advising Management on Financial Matters: Accountants provide valuable financial insights and analysis to management, helping them make informed decisions about investments, cost-saving strategies, and financial planning. They may prepare reports and presentations that highlight financial trends, risks, and opportunities, ensuring that management has the information needed to guide the organization’s financial strategy.
Qualifications and Skills:
- Bachelor’s degree in accounting, finance, or a related field.
- Certified Public Accountant (CPA) or other relevant certification (preferred).
- Strong knowledge of accounting principles and standards (GAAP or IFRS).
- Proficiency in accounting software and MS Excel.
- Experience in financial reporting, budgeting, and tax preparation.
- Strong analytical and problem-solving skills.
- Excellent attention to detail and organizational skills.
- Ability to work independently and as part of a team.
- Strong communication skills to interact with management and stakeholders.
- Familiarity with audit procedures and internal controls.
How to apply:
Send your updated resume to our email:
Email: accounts@ecocaterwares.com