Job Duties and Responsibilities:
- Records journal entries related to petty cash, employees travel, employee loans, deductions, and medical Insurance.
- Records all Management expenses.
- Reviews and records sales commissions.
- Develops, maintains and updates proper assets register.
- Record Acquisitions entries for new assets.
- Prepare monthly adjustment entries (prepaid, depreciation, and accruals).
- Conducts Annual fixed assets, physical count and reports significant variances.
- Manage the issuing, recording, reconciliation, replenishment, safeguarding, and accounting entries of petty cash.
- Assisting to prepare monthly financial statements, reports and records by collecting, analyzing and summarizing accounts information.
- Supervise general ledger section.
- Auditing and verifying transactions and supporting documents related by GL transactions
- Assist internal and external audits to ensure compliance,
- Assist with audits of financial statements by preparing schedules and responding to auditor requests.
- Ensure accuracy and integrity of financial reports from Accpac System.
- Maintain accurate monthly Assets management accounts reconciliations Between Asset Management & General Ledger.
- Maintain accurate GL transactions for Baghdad.
- Prepare B2B monthly Sales commissions.
- Audit & Post fixed assets transactions.
- Prepare Receipts and invoices entries.
- Prepare Any transactions related to in warranty sales and in warranty COGS
- Submit Monthly reports related to out of warranty sales, return, COGS and GP
- Create new item Cards and apply new prices for new items and modify it over ERP.
- Transfers between showrooms and SVC Centers.
- Prepare All transactions related to stock adjustments
- Conduct Stocktaking (match between physical stock with the systematic balance, POS, Ready in Location and Damage & Defected Items.)
- Reconcile PR Transactions (Compensations, Invoices, Credit notes received from Samsung; 1 Hour repair and incentives.)
- Prepare entries related to monthly closing process (Purchases Warranty and returns).
- Controlling the stock inputs & outputs from warehouses
- Tracking & updating stocks both on sheets & ERP system
- Avoiding Stock shortage
- Maintain high level of control
- Verifying periodically the matching between physical quantities in stocks with those indicated in System
- undertaking the necessary corrective measures in case of discrepancies
- Control on Cost and quantity that issued to Baghdad.
- Control on SVC and mobile stock through compensated and invoices from vendors and audited on journal entries related clarify.
- Submit daily and monthly stock report to top management.
- Conduct Stocktaking for all sales channels (Cash Van, Showrooms, Main stores).
- Monitoring of stocktaking for operators and military stock.
- Stock reconciliations for showrooms and stores ( clearing accounts )
- Shipment entry.
- Post all Inventory Control entries.
- Audit and post all the transactions related to AR modules.
- Audit and post all the transactions related to AP modules.
Job Specifications:
- Bachelor’s Degree in Accounting.
- 1-3 years of related experience.
Key Competencies (Skills, Abilities and Knowledge)
- Benefits Payroll Processing
- Professional knowledge
- Taxation
- Expenses & expenditures management
- Risk Management
- Professional knowledge
- Revenue management
- Governance, ethics and values in financial management