Urgent required Accounts Executive for Landmark Group Kuwait Hospitality.

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Description

Role Summary:
Accounts Executive responsibility entails reconciliation of Point of Sales (POS) system to actual collection, managing accounts receivable and accounts payable, payroll processing, support coordination with external stakeholders like banks, auditors and tax consultants, inter company reconciliations, timely submission of inputs for Monthly Information Systems (MIS) and submission of Finance Assurance Reports (FAR) and providing inputs for budgets, forecasts, and working capital management on a need basis.

Key Responsibilities:
•Review and reconciliation of POS reports (tender media-wise) to collection (Cash, Visa, Master, Amex, etc.)
•Review of system interface and ensuring accurate revenue and collection accounting
•Track and follow up for timely collection of receivables
•Support and facilitate commercial negotiations with procurement
•Ensure 3-way match, ensure documentation of approvals and process payments within approved timelines
•Book invoices, prioritize invoices according to payment terms and cash discount potential
•Track and facilitate payments like Utilities, Statutory Fees, Municipality Tax, VAT, Rent, etc.
•Review and process employee advances, payroll, leave salary, full and final settlements, etc.
•Calculate and facilitate timely pay-out of incentives as per company policies
•Print cheques/ process online payments / prepare bank TT forms
•Monitor the bank debits for the cheques issued and perform bank reconciliations
•Reconciliation of various inventory items and accounting for COGS
•Period closure and maintenance of all P & L and B S schedules including provisions and pre-paid
•Provide inputs for budgeting, forecasting and MIS variance analysis
•Track, manage and report common cost and ensure timely and accurate allocation amongst group companies
•Ensure vendor / inter company reconciliations and issue resolution
•Submit FAR with accurate information
•Track contracts including leases and ensure timely renewal in coordination with procurement and leasing team
•Track and monitor IOU & petty cash spends at outlet levels and facilitate reimbursements
•Track fund position and support working capital management
•Support internal audit, statutory audit, tax audit, etc.

Requirements:
1. Graduate in Commerce
2. Minimum years of Experience: 4-7 Years
3. Nature of Experience: Similar experience in hospitality businesses.
4. Functional Skills: General Accounting, reconciliations, period closure, Oracle, MS Office
5. Good interpersonal and critical thinking skills, Quick learner.
6. Visa article 18 with transferable residency.
7. Good Communication Skills
8. Prefer ready to join immediately.
Interested candidate can email their resume to

Basic Details

Location : Salmiya , Kuwait

Qualification :

Posted : 1 year ago

Job Type : Full-Time

Company : Kuwait Jobs

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