Job Overview
Overview: An Accountant is responsible for managing financial records, preparing reports, and ensuring compliance with accounting principles and regulations. This position plays a crucial role in maintaining accurate financial information and supporting decision-making processes within an organization.
Responsibilities:
- Financial Reporting: Prepare and analyze financial statements, including balance sheets, income statements, and cash flow statements. Ensure accuracy and compliance with accounting standards.
- Bookkeeping: Maintain general ledger accounts by recording transactions, reconciling balances, and verifying accuracy. This may involve data entry, journal entries, and adjustments.
- Budgeting and Forecasting: Assist in preparing budgets, forecasts, and financial plans. Monitor variances between actual and budgeted expenses and revenues, and provide explanations as needed.
- Tax Compliance: Prepare and file tax returns, including income tax, sales tax, and payroll tax. Stay updated on tax laws and regulations to ensure compliance and minimize tax liabilities.
- Financial Analysis: Conduct financial analysis to assess profitability, liquidity, and solvency. Identify trends, risks, and opportunities, and provide recommendations for improvement.
- Auditing: Assist with internal and external audits by providing documentation, explanations, and support as required. Ensure that audit findings are addressed promptly and accurately.
- Accounts Payable and Receivable: Manage accounts payable and accounts receivable processes, including invoicing, billing, collections, and payments. Monitor aging reports and follow up on overdue accounts.
- Cost Accounting: Analyze costs and expenses to identify areas for cost reduction and process improvement. Calculate and allocate overhead costs to products or services.
- Financial Controls: Establish and maintain internal controls to safeguard assets, ensure accuracy of financial records, and prevent fraud. Monitor compliance with policies and procedures.
- Financial Software: Utilize accounting software systems to record transactions, generate reports, and perform analysis. Ensure that software is updated and used efficiently.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or related field; CPA designation is a plus.
- Proven experience in accounting or finance roles, with knowledge of accounting principles and practices.
- Proficiency in accounting software (e.g., QuickBooks, SAP, Oracle) and Microsoft Excel.
- Strong analytical skills and attention to detail.
- Excellent communication and interpersonal skills.
- Ability to work independently and collaboratively in a team environment.
- Understanding of regulatory requirements and compliance standards.
- Time management and organizational skills to meet deadlines and manage multiple tasks.
Working Conditions:
- Typically office-based work environment.
- Standard working hours, with occasional overtime during month-end close or peak periods.
- May involve sitting for extended periods and using a computer for tasks.
More Information
- Address Baghdad
- How to apply How to apply How to apply Interested candidates can apply through: https://jobs.krd/explore-jobs/241