Role / Title: Finance Accountant
Department: Accounting & Finance
Responsibilities
The candidate will be responsible for properly managing and maintaining the accounting and financial reporting to reflect the activities in a timely manner.
ACCOUNTING/FINANCE:
- Responsible for accurately booking the accounting transactions according to the applicable GAAP and currency (Lebanese GL will be maintained in LBP and USD)
- Responsible for accurately mapping and booking the daily accounting transactions for US GAAP purposes
- Co-ordinate with the UK team to provide applicable data to meet the required time frames for Period Closes.
- Properly maintain the general ledgers and the Trial balance (proper allocation of Account numbers, sub- accounts, quality booking) for local books
- Responsible for the monthly closing (bank reconciliation, shareholder balance, debtor, receivable, intercompany balance validation, depreciation, accrual, prepaid, amortization etc.) for local books
- Responsible for the costing, managerial and analytical aspects of accounting
- Produce, monitor and co-ordinate with UK team cash flow requirements to ensure the smooth flow of operations
- Handle all bank related transactions (AR- AP)
- Coordinate with the concerned departments to inquire about and validate the different entries / payments/ invoices
- Responsible for the proper filing
- Maintain an accurate list for the Fixed Assets and its depreciation for local books
- Assist for the yearly submission of the corporate tax form (Submit the yearly corporate tax form)
- Produce and submit the periodical submission of the VAT tax report
- Handle any request from the Ministry of Finance / VAT dept. (whenever it applies)
- Coordinates the preparation of the external audit materials.
DECLARATIONS, TAXATION AND AUDIT:
- Monthly NSSF declaration
- Quarterly VAT preparation prior to declarations
- Preparation and Declaration of income tax on salaries (R10)
- R5, R6, R7 annual declarations to MOF
- Provisions
- Payroll Audit
- Yearly NSSF declaration
- Redeclarations when needed
- Handle any request from the Ministry of Finance / VAT dept. (whenever it applies)
- Coordinates the preparation of the external audit materials
- Coordinate with the auditors and the HR
INVOICING/COLLECTION:
- Responsible for issuing, following up, validating, and sending the AR invoices for BAS ME SAL clients
- Maintain up to date documentation for the Invoicing (excel and pdf)
- Responsible for clients follow up, payments collection and checks deposit
- Keep track and document the signed contract to validate/confirm the invoicing and revenue recognition.
Requirements
- Bachelor’s degree in Finance, Accounting or Economics with experience in a similar role
- Qualified
- Experience using financial software /Sage
- In-depth knowledge of financial regulations and accounting processes in Lebanon
- Advanced MS Excel skills
- Excellent analytical and numerical skills
- Sharp time management skills
- Strong attention to details with the good organizational skills
- Ability to work independently and as part of a team
- Excellent report-writing and communication skills
- Strong ethics, with an ability to manage confidential data
