This role involves analyzing, processing, and maintaining the company's non-engineering/DSC financial transactions and records, ensuring compliance with approved accounting standards and procedures. The Accountant assists in preparing budgets, financial reports, and financial analysis, and coordinates with external parties like banks, auditors, and suppliers.
Responsibilities
Maintain accounting controls and financial security throughout all transactions by auditing documents, adhering to approved policies and procedures, and alerting the manager to any abnormalities or discrepancies
Prepare and monitor non-engineering/DSC financial entries to Sage X3, ensuring accuracy and conformity with technical cost elements and recognized financial dimensions
Identify errors for remedial measures and communicate accordingly
Document financial transactions and maintain accounts information with timely entries and updates
Handle all related queries timely and accurately and review against Sage X3 for invoice matching
Post invoices for approval in line with adopted procedures and interact with users from other departments to resolve queries and obtain approvals
Monitor and ensure review and control over accruals and reversals in Sage X3
Locate overdue accounts in Sage X3 and highlight them to the Manager
Assist the manager in carrying out fixed asset entries and other postings
Execute bank transfers and cheque payments for suppliers
Process bank charges post executing transfers and record them in bank statements timely and efficiently
Post amounts paid to vendor accounts in Sage X3, ensuring all documents are processed and managed properly for easy accessibility and retrieval
Reconcile company's financial records and discrepancies, including "Managers Cheques" and inter-departmental transactions, by collecting and analyzing accounts information for related accounts such as suppliers, banks, inter-company, and Hubs on a monthly basis
Prepare periodic special financial reports such as MIS Reports and carry out Ageing Analysis against Sage X3 by collecting, analyzing, and summarizing account information and trends
Secure an up-to-date backup of all financial information
Review all cost accounts before monthly and annual closing by compiling all related information
Coordinate with external auditors on schedules to facilitate their audits and ensure smooth inspection as per instructed by seniors
Maintain customer confidence and protect operations by keeping financial information confidential
Requirements
Bachelor's degree in Accounting / Finance / Commerce or equivalent from a recognized university
Professional qualification as an Accountant is preferred
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Proficient in Microsoft Office - Advanced Excel, Access, Word, PowerPoint skills, Internet and Web Search
Fluent in English Language
3+ years of comprehensive experience in corporate finance/accounting in a company operating on a regional/multinational level, preferably in the Airlines Industry
Minimum of 2 years handling cost areas
Experience with a low-cost airline is an advantage
Sound knowledge of accounting cycle, process flow, and procedures
Comprehensive knowledge in accounting fundamentals and systems such as SFAS (Statements of Financial Accounting Concepts)
Strong math and numerical reasoning ability and high accuracy
Familiar with formalities and prerequisites associated with internal and external audits
Experienced in a computerized accounting environment
Very good exposure to financial models and new technologies in the industry
Excellent financial, analytical, and reporting skills
Capable of meeting deadlines without compromising quality of outcome
High attention to details, confidentiality, and ability to adhere to procedures and set measures
Welcome to Air Arabia Group, the leading low-cost carrier in the Middle East and North Africa.
