Job Responsibilities:
• Shipping & Operations:
o Prepare detailed cost reports for each shipment (cost sheet) and determine actual costs versus estimates.
o Reconcile supplier invoices (shipping lines, airlines, and freight forwarders) with shipping orders.
o Issue customer invoices (debits/credits) and follow up on collections (accounts receivable).
o Reconcile accounts with international agents and shipping lines.
• Import & Export Accounting:
o Calculate import costs (customs duties, shipping, clearance, and transportation) and add them to the value of inventory or goods.
o Open and close letters of credit (LCs) and follow up on collection documents.
o Process foreign exchange transactions resulting from international transactions.
• General Finance (Senior Level):
o Manage and review accounts payable, receivable, and financial advances.
o Prepare tax returns (VAT, income tax), and Zakat (Islamic alms).
o Supervising data entry into ERP systems.