Senior Accountant GF Corys Piping Systems LLC

General Ledger

Compile and analyse financial information; ensure all expenditures are mapped to the correct account of individual GF Corys entities

Ensure monthly recurring journal entries, such as prepayments, amortization, accruals, and provisions for slow-moving stocks and bad debts, are accounted properly

Substantiate financial transactions by auditing documents to ensure all are fully supported

Ensure all required tasks for the monthly closing ofthe General Ledger module are completed within the agreed timelines

Ensure accuracy of financial statements in accordance with GAAP, IFRS, IAS, and compliance to internal policies

Responsible for General Ledger (GL) account reconciliations of individual GF Corys entities as assigned and bank account reconciliations of the whole GF Corys group of entities; investigate and resolve financial discrepancies by collecting and analysing account information

Reconcile the financial statements prepared (Balance Sheet and P & L) with the MIS final monthly report

Create monthly accounting reporting packs, including insightful commentaries relating to GL reconciliations

Reporting, Budgeting & Financial Reviews

Preparation of monthly & quarterly MIS reports

Analysing expenditure trends, investigating and highlighting abnormal variances to facilitate completion of MIS monthly/quarterly reports

Resolve accounting discrepancies; perform accounts analyses with reasons on significant changes during the month as per the timetable, and report relevant information as necessary

Make recommendations based on analyses to enhance financial reports and records

Monitor LPO release for cost control

Financial reconciliation reviews

Taxation

Accurately prepare monthly and quarterly VAT returns for VAT-registered entities

Work closely with the Procurement Department for the allocation and reconciliation of VAT on imports as reflected in the Federal Tax Authority (FTA) portal

Ensure VAT returns filing are done, and tax dues paid in a timely manner to prevent any penalty charges for delay

Prepare VAT returns report schedules, ensure all monthly and quarterly tax reports are fully reconciled with the General Ledger, and maintaina complete tax return database in preparation for tax audit by FTA

Audit and Fixed Assets

Work with the Line Manager and GL Team to ensure the smooth flow of internal/external audit by providing all the required documents/information in a timely manner

Ensures the monthly closing of the Fixed Asset module is within the agreed timetable.

Ensure all assets lying in the clearing account are capitalized/transferred to the main asset account.