Job Description of financial accountant:

1. Review daily bank transactions and reconcile account statements with the financial system.

2. Reconcile account balances at the end of each financial period and ensure their accuracy.

3. Monitor expenses and revenues and ensure they are recorded in the appropriate accounts.

4. Follow up with other departments (such as purchasing, human resources, and sales) to ensure the integrity of financial data.

5. Contribute to the preparation of periodic financial performance reports for senior management.

6. Prepare and submit tax reports on time, while following up on any outstanding receivables.

7. Prepare cash flow reports and monitor liquidity to provide a proactive financial outlook.

8. Maintain accurate and organized financial records in accordance with internal audit policies and legal requirements.

9. Support the preparation of annual business plans and budgets in coordination with the Finance Department.

10. Work with external auditors and provide the required documents and reports in a timely manner.
Preparing daily entries and accurately documenting accounting transactions using approved accounting software.

11. Preparing periodic financial reports (monthly, quarterly, and annual), including income statements, balance sheets, and cash flow statements.

12. Reviewing accounts receivable and payable and ensuring their reconciliation with bank records and supporting documents.

13. Analysing financial variances and providing recommendations to improve financial performance.

14. Participating in the preparation of the annual budget and financial spending plans.

15. Handling monthly and annual financial closing processes.

16. Ensuring compliance with accounting regulations.

17. Preparing and posting accounting entries on a daily basis in accordance with approved financial procedures.