Accountant
Job Description
About the job:
Financial book keeping (pprepare, maintain, and manage financial records and reports (e.g., balance sheets, profit and loss statements).
- General ledger management (post journal entries, process invoices, and maintain the general ledger.
- Reconciliation – Reconcile bank statements, accounts payable/receivable, and other accounts.
- Assist in budgeting, financial planning, and forecasting processes.
- Assist internal and external auditors during audit processes.
- Prepares and controls the planning and quality of financial information of the Capex/project.
- Prepares and takes part in project funding, Finance model and Finance profile for the investment proposal, legal compliance for bank loan etc.,
- Formulate & ensure the financial control, policy and procedure of the Capex/project.
- Arrangement of CAR insurance policy for the project. Review / compliance of insurance policy of the contractors / sub-contractors.
- Review payment application in compliance with contract agreement/PO and prepares payment certificates.
- Fund Management.
- Capex/Project cost estimates, monitoring & reporting.
- Review of claims, liquidated damages in compliance with terms of contract agreement and reporting.
- Produces monthly project reports.
- Prepares and completes the monthly capex/project reports.
- On completion of the project, carries out capitalization as per the board approval and in accordance with Vopak group policy and IFRS.
- Ensures timely payment to the contractor/suppliers as per contract terms.
- Keeps control on retention money and progress payments to the suppliers/contractors.
- Review and update and monitor the validity of the bank guarantees
- Customs duty, applications, clearance, compliance in consultation with Procurement team.
- General communication (emails/ letters) with external and internal parties
- Monitoring and Expediting POs in line with the agreed delivery terms
- Manage vendor registration in OCS and maintain the supplier records up to date (trade license, ISO certificate, Tax Registration etc.)
- Maintain monthly customs transaction details for VAT return purpose
- Coordinate shipping of material overseas as well as within UAE
- Coordinate the annual vendor performance evaluation and feedback
- Prepare POs as backup user
- Backup the finance clerk for invoice processing
