Propel Consult Looking for Accountant at Manama Full Time

Job Description :
Company
Our Client is an investment company. Through their subsidiaries, they maintain innovative industrial endeavors around the world.
They are currently looking to hire an Accountant to be based in Bahrain.

Duties & Responsibilities:

• Maintain proper books of accounts as per Company policies and procedures and ensure the books of accounts present true and fair view.
• Responsible for collection of rents and other personal income of the Partners / Directors.
• Ensure timely payments of telephone, utility bills, school fees and other expenses of the Partners / Directors.
• Prepare and arrange the processing of personal payments as per instructions of Partners / Directors.
• Arrange to deposit all the receipts (cash/cheque) in respective bank accounts and keep track of recurring receipts.
• Present monthly credit card statements for review by respective Partner / Director and arrange for payment as per respective due date.
• Coordinate with banks for loan/interest payments and placement/renewal of fixed deposits.
• Arrange for (withdrawal/exchange) of local and foreign currency as per requirement of Partners / Directors.
• Prepare and maintain schedule of borrowing facilities, record interest cost in respective reporting period and charge to related activity/venture.
• Prepare receipt and payment vouchers to record the related accounting entries.
• Ensure all the transactions of income and expenses are posted in respective reporting month.
• Ensure all the accrual entries are posted appropriately before the closing of each reporting month.
• Maintain proper books of accounts of all the personal businesses and companies being incorporated in Bahrain and out of Bahrain.
• Co-ordinate with other finance team members and with tax and legal consultants ensure compliance with applicable laws and regulations of the respective jurisdictions.
• Prepare updated bank position on daily basis and reconcile the bank accounts.
• Prepare bank reconciliations for all banks on 10th of the following month.
• Prepare and reconcile personal accounts on monthly basis, on or before 5th of each month.
• Prepare monthly accounts of all the personal business/ventures and annual accounts following the close of financial year.
• Other responsibilities as and when assigned.

Qualification & Requirements:

• Minimum 2 years experience in a similar role
• Possesses sound experience in the field from repute organization
• Have a thorough understanding of the business and accounting policies
• Good knowledge of the Organization’s industry and accounting policies & procedures.
• Candidate must be Bahraini