Summary
The Group Securities is a Qatar-based investment and brokerage firm and a member of Qatar Stock Exchange. The Chief Accountant will oversee accounting activities, monthly closing, statutory and consolidated financial statements, reconciliations, payment approvals, cash flow forecasting and budget support. The role also maintains accounting controls and banking relationships, and ensures compliance with IFRS, IAS and audit requirements. Applicants should have a bachelor's degree in Accounting, a professional qualification such as ACCA, CPA or CMA, at least 7 years of accounting or finance experience as a supervisor, and good English skills.
The posting
As published on thegroup.com.qa. Pulled from the employer's site and shown as they wrote it.
Job Description
About us:
The Group Securities is a well-established investment organization working in the finance industry since 1989, as a company devoted to the stock exchange. It was licensed once Qatar Stock Exchange was founded in 1997 and provides an array of investment services to more than 400,000 investors, with portfolios exceeding QR 100 billion. As brokerage firm, The Group Securities finances margin trading and operates as liquidity provider for the listed shares and ETFs. The company has a paid-up capital worth (QR 1 billion) and has been continuously posting profit since its inception. Besides being licensed by Qatar Financial Market Authority to exercise these activities, The Group Securities is also a member of Qatar Stock Exchange.
Responsibilities:
- Taking responsibly to execute core accounting activities of the company, including maintains a strong finance procedure, complied with local regulations and ensure all proper accounting records are processed with accuracy, timelines and completeness.
- Maintain local banking relationships including negotiating facilities agreements and ensuring that such activities are carried out with planned time frame and in context with general financial plans, targets and interest.
- Monitors compliance with IFRS and IAS.
- Preparation of the monthly statutory accounts and consolidated financial statements under IFRS.
- Coordinate monthly closing process and reconciliation of general ledger accounts.
- Compiles and analyzes financial information to prepare entries to general ledger accounts, cost centers and documents business transactions.
- Responsible for distributing financial statements and cost center reports.
- Issue cost reports of outstanding projects for review and approval.
- Determines proper handling of financial transactions and approves transactions.
- Review and approve payment vouchers and journal entries.
- Closely maintains and monitors the purchases and payable system.
- Perform periodic cash flow forecasting.
- Analyze transactional processes and identify areas where additional accuracies and efficiencies can be achieved.
- Develop and maintain proper controls and effective accounting system and policies for the set up.
- Prepares work papers and supporting schedules for the annual financial review.
- Adheres to internal and external Audit requirements and deadlines.
- Assist with annual budgets – prepares required financial allocations.
- Responsible for knowing critical functions within the department and capable of mentoring and assisting employees within the department.
Skills Description
- Bachelor's degree in Accounting.
- ACCA, CPA, CMA or equal professional qualification.
- Experienced in Accounting, Finance as Supervisor at least 7 years.
- Good English skill (speaking, listening and writing)
- Advanced Microsoft office skill, familiar with computer related basic skills.
- Knowledge on IAS and IFRS
- Leadership & Managerial Skills
- Analytical skill
- Negotiation skill
- Ability to organize, condense and present information.
- Ability to explain complicated financial information to non-financial persons.