Raya Smart Buildings a subsidiary of Raya holding for financial investments is looking to hire an
Accountant Payable with the below responsibilities and qualifications.
Responsibilities:
Pays vendors by verifying legal papers scheduling and preparing checks; reviewing purchase orders contracts invoices or payment discrepancies and documentations issuing stop-payments or purchase order amendments applying three way match technique.
Verifies vendor accounts by reconciling monthly statements and related transactions.
Reports VAT taxes by calculating requirements on paid invoices.
Reconciles processed work by verifying entries and comparing system reports to balances.
Charges expenses to accounts and cost centers by analyzing invoice/expense reports recording entries.
Disburses petty cash by recording entry verifying documentation.
Maintains historical records by microfilming and filing documents to grant probable archiving for transactions
Controlling all accounts payable entries on the system after reviewing the following ( 3 way matching test ensure the right sequencing for the contractors interims through accurate matching for the received interims with the original BOQs approved by the consultant RL technical engineers and ensure the accuracy of the system records and archiving files.
Applying the matching principle by Following up on other departments before monthly closing if they have any accrual expenses by setting monthly closing rules.
Maintain AP aging analysis which requires accurate payment terms to be recorded or updated on Oracle.
Ensuring the submission of the payments on time without any delay or penalties.
Review VAT report with ATC to be prepared any time for negotiation and keep analysis for the report Preparing WHT analysis on time to be delivered to tax authority Preparing Social insurance Payment on Time and follow up with HR to avoid the penalties Payroll Tax payment on time, any other tax payable that might be a lability.
Maintain proper archiving cycle for AP which include proper archiving for each payment request ( PO delivery note P.R copy of check signed from the delegated person from the supplier with delegation letter and check receipt) the old and new documents in addition to maintaining a log book for the in-house archiving and outsourcing archiving (Info-Fort).
Maintain suppliers file for social insurance payment receipt and file for any correspondences between Raya and any supplier per supplier.
Accomplish accounting and organization mission by completing related results as needed.
Execute all payments on time (Three way matching) and maintaining an accurate AP aging report
Follow up the advance payments for collecting related invoices monthly basis.
Protects organizations value by keeping information confidential.
Updates job knowledge by participating in educational opportunities.
Qualifications
Two to three years of experiences as an accountant (Payable) in well-established organization
Bachelor degree in accounting from reputable university.
Strong knowledge in Office
Strong communication skills
