Sr. Accountant

Alghanim Industries; Kuwait; On-site; KWD 13,392 - 20,088; Full time

Job summary

Alghanim Industries seeks a Sr. Accountant in Kuwait to support functional accounting activities in receivables, payables, and general ledger.

This role involves preparing accounts receivable reports, managing commission payments, and ensuring compliance with accounting standards. The ideal candidate should have a degree in Accounting/Commerce and at least 3 years of relevant experience.

Qualifications

• Minimum of 3 years of experience as an Accountant or Senior Accountant.
• Sound knowledge of accounting and internal controls.
• Strong communication skills in English; Arabic knowledge is a plus.

Responsibilities

• Prepare and submit monthly Accounts Receivable aging reports.
• Calculate and process commission payments for Sales Representatives.
• Maintain and update accounting records in Insurance Accounting systems.

Skills

Accounting knowledge

Analytical mindset

Problem-solving skills

Communication skills in English

Team orientation

Education

Graduated in Accounting/Commerce

Tools

MS Office

ERP systems

Job description

Job Summary

The primary role of the Sr. Accountant is to support the functional activities in accounting and reporting. This will include receivables & payable accounting, general ledger, fixed assets, inventory, cash and banking accounting.

Job Responsibilities

• Prepare and submit monthly Accounts Receivable (AR) aging reports to the Finance Manager and generate/distribute customer account statements on a regular basis.
• Prepare provision reports and management reports to support financial analysis and decision making.
• Calculate, prepare, and process commission payments for Sales Representatives and Brokers.
• Perform monthly reconciliations, including customer and general ledger accounts, ensuring accuracy and timely resolution of discrepancies.
• Resolve customer queries, coordinate with relevant departments for timely issue resolution, and review motor insurance claim files for accuracy, completeness, and compliance with company procedures.
• Support month end and year end closing activities, including preparation of journal entries, accruals, and adjustments in line with accounting standards.
• Assist in the preparation of financial statements and schedules, ensuring compliance with IFRS 17 accounting standards and regulatory requirements.
• Coordinate with internal and external auditors by providing required documentation and explanations during audit reviews.
• Monitor and ensure compliance with internal controls, company policies, and relevant financial regulations where applicable.
• Maintain and update accounting records in Insurance Accounting systems, ensuring data integrity and accuracy across financial modules.

Candidate Requirements

• Must have graduated in Accounting/Commerce and display good relevant accounting knowledge
• A minimum of 3 years of experience working as an Accountant or Senior Accountant, preferably in a multinational environment.
• Sound knowledge of accounting and internal controls.
• Analytical mind set with good problem solving and presentation skills.
• Proficiency in MS office with hands on knowledge on ERP systems.
• Strong team orientation.
• Strong communication skills in English; knowledge of Arabic will be an advantage.