Accountant - 3 months contract

Arabian Radio Network is currently looking for an Accountant for a temporary 3 months role. Please find below description

To handle the Payables function - booking of invoices with correct cost center & profit center codes after ensuring adequate approvals & to make timely settlements of the vendor liabilities.

To handle the Cash and Banking Functions - Bank Reconciliation & Petty cash management.
Other functions as and when required

Purchase and Payable function

 To evaluate PR Forms for correctness, comparative quotes, assessment of approvals levels and budgetary provisions.
 Review supplier contracts and co-ordinate with legal dept. for approval.
 To raise the LPOs after ensuring adequate approvals.
 To account the invoice under correct account with correct cost & operating center information, after verifying necessary approvals & documents (LPO / Delivery order etc), in a timely manner with meaningful narrations.
 To maintain strict control over payables and to take timely action to ensure timely settlement and to avail the prompt payment discount, if applicable.
 To ensure timely & correct matching of payments with the invoices.
 To control movement of PRs/Payment to ensure timely approval - co-ordinate with Sr. Management in this regard.
 To co-ordinate with the Vendor for the pick-up / delivery of the payment and to provide details for correct matching in their books.
 To settle in a timely manner & to maintain a summary of freelance and to compare the same with the budgets.
 To settle Newswire / Utility Expenses on time to avoid disruption / disconnection of services.
 To generate any expense related reports for comparison with budgets & for any analysis.
 To act & resolve any discrepancies noticed and to raise Debit notes & to follow up for the credit notes with the Vendors.
 To open new vendor accounts with complete details & to maintain the vendor master.
 To follow up for invoices / settlement for advance payments.
 To ensure reconciliations with major Suppliers at least twice a year and once for all other Suppliers.

Banking and cash functions

 To perform Bank reconciliation.
 Co-ordinate with bank on any discrepancies.
 Communicate with AR team on inward remittances.
 Review cheque returns with AR team.
 To summarize and to account for & to handle the Petty cash, Gift cash and any other cash received.

Other functions

 Submit payment forecast for cash flow report based on open LPOs/PRs/Projects.
 Submit collection report based on receipts/PDC control for credit control commissions.
 To meet the requirements of the company's independent external & internal auditors.
 Ensure filing of all documents for easy retrieval
 Perform any other task assigned by supervisor.