- Review of invoices and payment requests for proper authorization and expense coding (i.e. general ledger account, department, product, etc.)
- Provide a daily report with cash & checks transactions.
- Prepare the daily sales report.
- Helping out with accruals and the prepayments of expenses &Reversing and reclosing journal entries.
- Creating historical records by payment voucher on the share &documenting all accounts payable transactions.
- Checking the accuracy of figures and calculations & Expense report auditing & providing support documentation for audits.
- Computing, classifying, and recording numerical data to keep financial records complete & determining the correct expenditure codes for expenses.
- Keeping track of all orders & Providing back up for all Accounts Payable functions of the company
- Compiling management reports and assisting with audits.
- Monitor and manage stale checks.
- Maintain controls over all payment documentation, including electronic scanning, on-site filing, and off-site archiving.
- Ensure that signatures on invoices and payment requests are in accordance with Pioneer's corporate approval matrix.
- Providing Accountants with assistance when required.
- Develop strategy to make the customers abide with the credit terms given by the company.
- Raise customer invoices in a timely manner.
- Reconcile daily cash sales remittances in order to monitor unremitted / outstanding cash sales.
- Manage and reconcile AR control account.
- Reconcile the invoices and payments to the general ledger and to the bank.
- Ensure that invoices are accurate to avoid any delay in collection, formulate procedures to cope with changes.
- Monitor the aging of Accounts Receivable.
- Track, monitor, and report on critical data relevant to receipt of funds.
- Ensure that invoices are correct before delivering them to customers.
- Implement credit policy in coordination with the sales staff (e.g. Dunning letters to be sent as a reminder for overdue amount, warning letters,etc.).
- Review sales ledger and keep it tidy by timely and accurate allocation of customer payments and credit notes.
- Prepare and update list of customers who are on the duty charged to account list.
- Coordinate with operators to ensure quarterly stocktaking.
- Design a report that will monitor DSO performance daily, weekly, or monthly and set reasonable target as a basis for evaluation.
- Make sure the registration of all monthly expense,
- Recording expenses accrued by the end of each month.
- Prepare adjusting entries to accrued expenses.
- Prepare monthly reconciliations related to vendors.
- Checks all entries made by the account payable accountants.
- Follow up on all accounts payable
- Recording revenue granted by Samsung.
- Perform other duties as requested by direct supervisor.
Skills
- Credit Analysis
- Financial Management
- Financial Monitoring
- Governance, Ethics and value in financial management
- Professional Knowledge
- Risk Management
- Expenses and expenditures management.
- Taxation
Qualifications
- Bachelor’s Degree in Accounting.
- 3 years of related experience.
- Good command of Arabic, English & Kurdish language (oral and writing).