Senior Regional Accountant

Finance Division Washington, District Of Columbia


Description

Position at Al Jazeera Media Network

Summary:

The Senior Accountant is responsible for reviewing Financial Transactions, data entry, sub to general ledger reconciliation.

The Senior Accountant is also responsible for following-up on the financial transactions with all departments and reviewing invoices, in addition to reviewing budgets and obtaining approvals. The responsibilities also include monitoring costs vs budgeted expenditures

Key Responsibilities and Accountabilities:
• Process W2 and 1099 reconciliations.
• Review and post all AP transactions entered by Assistant Accountants.
• Review voucher for payments, coding and approval. Verify payment request form with invoices to ensure rate cards matches
request.
• Process Checks and Wire Transfer EFT and cash advances and record in the system.
• Enter Journal Entries approved by Head of Regional Finance.
• Assist with preparing monthly funding report.
• Reconcile cash on monthly basis with the Head of Regional Finance
• Perform monthly bank reconciliations for all corporate accounts.
• Setup new vendor/employee accounts in the accounting system.
• Develop self-skills and keep updated in all aspects related to work and business
• Follow-up on financial transactions and review invoices for all departments.
• Assist in preparing the budgets, whether for by DC or external bureaus, and ensure that budgeted items are reasonable and
according to regulations and procedures.
• Monitor the budget for DC and external bureaus.
• Intercompany Account Reconciliations with all related parties.
• Fixed Assets Register Management and complete asset accounting.
• Assist with compiling and analyzing financial information to prepare financial statements including monthly and annual
accounts
• Ensure all financial reporting deadlines are met
• Assist with preparing financial management reports
• Assist with Ensuring accurate and timely monthly, quarterly and year end close
• Resolve accounting discrepancies and irregularities
• Financial audit preparation coordination
• Ensure accurate and appropriate recording and analysis of revenues and expenses
• Analyze and advise on business operations including expenditure trends and financial commitments.
• Design reports on accounting system
• GL to sub-ledger accounts reconciliation
• Processing payroll and benefits scheme journal entry
• Deactivate vendor accounts that are no longer active; reconcile and close off staff accounts for those who have already
terminated the employment relationship with the company.
• Reconcile all GL accounts on a monthly basis, including AP control account, petty cash account, employee advances account,
staff control account, and payroll accounts, international bureaus monthly flow accounts, etc.
• Maintain Chart of Accounts.
• Perform petty cash reconciliation and physical reconciliation on a monthly basis.

Job Requirements / Qualifications:

  • Minimum Bachelor Degree in Accounting, Finance or related field is a must. Professional certification is preferred.
  • Minimum 5 years of related experience. Experience in the media industry is preferred.
  • Financial accounting principles, review and audit techniques
  • IFRS and state financial regulations for bureaus
  • International taxation and transfer pricing principles
  • Accounting systems especially in ERP