Senior Accountant

Otis Elevator Company; Kuwait City; On-site; KWD 8,000 - 12,000; Full time

Job summary

Otis Elevator Company in Kuwait City is seeking an experienced accounting leader to manage the accounting function for the Otis Kuwait Entity, ensuring compliance with approved policies and procedures.

You will oversee accounts payable and accounts receivable, month-end closing, and audit processes while guiding a small team across multiple locations to ensure accurate, timely financial reporting and strong internal controls.

Qualifications

• 8+ years of accounting experience with exposure as a General Ledger Accountant or Accounting Manager.

Responsibilities

• Manages accounting activities for Otis Kuwait and guides the team on procedures.
• Develops and interprets accounting policies for AP/AR across branches.
• Allocates tasks to ensure efficiency and productivity.
• Reviews invoice details prior to signing to ensure accuracy.
• Manages monthly AP/AR procedures including journal entries.
• Manages monthly AP procedures including journal entries for payments and invoices.
• Reviews AP aging and due payments reports.
• Monitors customer history and aging reports; updates stakeholders on late receipts.
• Leads reconciliation with suppliers/vendors and balance confirmations.
• Liaises with seniors and departments to resolve payment/receivable discrepancies.
• Ensures data accuracy and timely reporting of payments in the system.
• Responds to supplier inquiries regarding invoices and payments.
• Leads internal and external audit processes as required.

Skills

General Ledger

AP/AR management

Month-end closing

Audits

Leadership

Job description

On-Site

KWT01: Al Tijaria Tower, 10th Floor, Al Soor Street, Mirqab

Full time

Role Overview:

The role holder is responsible for managing the accounting function within the Otis - Kuwait Entity for ensuring the effective management and implementation of accounting policies as per approved guidelines. The role holder shall carry out his duties in accordance with the stipulated business policies and procedures.

Core Responsibilities:

• Manages the overall administration of the accounting activities for Otis Kuwait, guiding the team on operating procedures based on defined guidelines.
• Participates in the development and interpretation of accounting and financial policy related to accounts payables/receivables for Otis Kuwait across various branch locations as per the local laws and norms.
• Manages distribution of tasks within the team to ensure work efficiency and staff productivity.
• Reviews details contained in invoices prior to submission to signatories, ensuring accuracy of information received from the suppliers/vendors.
• Manages all monthly accounts payables/receivables procedures including preparing journal vouchers and batches for entry of receivables transactions (receipts, debit notes, and credit notes).
• Manages all monthly accounts payable procedures including preparation of journal vouchers and batches for entry of payment transactions (payments, debit notes, credit notes, invoices).
• Reviews the accounts payable reports related to aging reports, due payments and others as required.
• Monitors customer history, credit ceiling or aging reports and updates the stakeholders on late receipts.
• Leads the reconciliation process with major suppliers/vendors/contractors and arranges for balance confirmations.
• Liaises with seniors and other departments to resolve any discrepancies and questions related to the recording of payments payable/ receivables transactions.
• Ensures that historical and current data is reviewed in a timely and efficient manner and that payments are reported on and recorded in the system accurately.
• Responds to escalated suppliers’ enquiries regarding invoices and payments.
• Leads the internal and external audit processes, as required, by ensuring the provision of necessary reports and information.

Minimum Qualifications:

• Minimum 8+ years of accounting experience, with exposure as a General Ledger Accountant or Accounting Manager within the organization.
• Strong focus on pure accounting functions, Accounts Payable (AP) or Accounts Receivable (AR).
• Minimum 2 years of people management/supervisory experience.
• Proven expertise in month-end closing, reporting, book closure, and end-to-end audit management.
• Experience in the elevator, construction, or related industries is preferred.
• Strong leadership presence with a proactive, hands-on, and assertive personality.

If you live in a city, chances are we will give you a lift or play a role in keeping you moving every day.

Otis is the world’s leading elevator and escalator manufacturing, installation, and service company. We move 2.4 billion people every day and maintain approximately 2.4 million customer units worldwide, the industry's largest Service portfolio.

You may recognize our products in some of the world’s most famous landmarks including the Eiffel Tower, Empire State Building, Burj Khalifa and the Petronas Twin Towers! We are 72,000 people strong, including engineers, digital technology experts, sales, and functional specialists, as well as factory and field technicians, all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories worldwide. We are proud to be a diverse, global team with a proven legacy of innovation that continues to be the bedrock of a fast-moving, high-performance company.

When you join Otis, you become part of an innovative global industry leader with a resilient business model. You’ll belong to a diverse, trusted, and caring community where your contributions, and the skills and capabilities you’ll gain working alongside the best and brightest, keep us connected and on the cutting edge.

We provide opportunities, training, and resources, that build leadership and capabilities in Sales, Field, Engineering and Major Projects and our Employee Scholar Program is a notable point of pride, through which Otis sponsors colleagues to pursue degrees or certification programs.

Today, our focus more than ever is on people. As a global, people-powered company, we put people – passengers, customers, and colleagues – at the center of everything we do. We are guided by our values that we call our Three Absolutes – prioritizing Safety, Ethics, Quality in all that we do. If you would like to learn more about environmental, social and governance (ESG) at Otis click here (https://www.otis.com/en/us/our-company/esg) .

Become a part of the Otis team and help us #Buildwhatsnext!

Otis is An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age, or any other protected class according to applicable law. To request an accommodation in completing an employment application due to a special need or a disability, please contact us at [e-mail].

Privacy Policy and Terms:

Click on this link (https://www.otis.com/corporate/privacy-policy/Job-Applicant/) to read the Policy and Terms

We go to great lengths to hire and develop the best people, and offer a supportive environment where employees are motivated and empowered to perform at their full potential. Today, we continue pushing the boundaries of what's possible to thrive in a taller, faster, smarter world.