Senior Accountant

Senior Accountant

About SABIS^®

SABIS^® is a global education network that has an active presence in 21 countries on five continents and educates students in both the private and public sectors. SABIS^® schools implement the proven, proprietary SABIS^® Educational System, which has been developed and refined for over 135 years.

All students in the SABIS^® Network benefit from a long tradition of excellence in education, a reputation that is rooted in a well-developed philosophy that seeks to provide students with a top-quality education that prepares them to meet the challenges of a changing world.

For more information about the SABIS^® Network, visit: www.sabis.net.

Job Purpose

Applying IFRS principles of accounting to analyze financial information and prepare financial reports by compiling information, preparing profit and loss statements, and utilizing appropriate accounting control procedures. This includes verifying, allocating, posting, and reconciling account balances, in addition to producing error-free and timely accounting reports and presenting their results to the Management and Auditors.

Key Responsibilities:

• Compiling and analyzing financial transactions and information to prepare and post entries to accounts, such as general ledger accounts, and document business transactions.
• Establishing, maintaining, and coordinating the implementation of accounting and accounting control procedures.
• Processing timely and accurate month-end closing, preparing cost accounting reports, and issuing financial statements.
• Monitoring and reviewing accounting and related system reports for accuracy and completeness.
• Preparing statements of cash flows and bank balance reports on a regular basis and assessing operational liquidity needs.
• Analyzing revenue and expenditure variance reports, recommending appropriate budget levels, and ensuring expenditure control.
• Preparing P&L and Cash Flow forecasts.
• Assisting in interaction with internal and external auditors to complete audits.
• Preparing daily journal entries, posting journals, and maintaining accounting records.
• Performing invoicing of services to both subsidiaries and/or customers, and following up on collections.
• Handling all accounting modules including GL, AR, AP, Inventory, and Fixed Assets.
• Substantiating financial transactions with supporting documentation and entering proper account and responsibility center/dimension coding as well as descriptive narrative information.
• Reconciling financial discrepancies by collecting and analyzing account information.
• Assisting in the design, implementation, update, and maintenance of an efficient MIS reporting structure at group level.
• Maintaining the Fixed Assets and associated depreciation schedules, providing monthly detail to the Finance Manager (FM) for General Journal entries, and ensuring the proper recording of new purchases and disposals.
• Preparing the monthly pre-payments and accruals supported by proper documentation and ensuring that the monthly financial statements are issued as per agreed deadlines.
• Working on daily bank reconciliations (through online banking systems) and issuing a monthly formal bank reconciliation report.
• Preparing weekly bank position(s) and sharing them with the Finance Manager.
• Summarizing current financial status by collecting information and preparing monthly balance sheets, profit and loss, cash flow statements, and other financial reports.
• Assisting in making effective use of the Odoo ERP software with a view to standardize processes, eliminate redundancy, integrate information across business units, and participate in the effort of establishing a system-based MIS reporting structure.
• Preparing correspondence, filing labels, and maintaining files as needed within the department.
• Assisting the Finance Manager (FM) with the payroll system and payroll-related items, tracking and maintaining company management agreements and insurance policies, and monitoring the transfer pricing agreements
• Managing the petty cash account upon request and the employee credit card applications and charges.
• Performing other related tasks as they arise and as delegated by the Finance Manager.

Ideal Requirements:

• Bachelor’s Degree in Business Administration, Accounting or Finance, or their equivalent
• English & Arabic proficient, French is a plus
• Minimum of 5-7 years of experience
• Demonstrating professional behavior and ethical conduct
• Delivering results
• Showing accountability and taking ownership
• Seeking continuous improvement
• Having a keen eye for detail
• Showing integrity
• Having organizational and planning skills
• Being results-driven and able to meet deadlines
• Showing flexibility and ability to work well under pressure
• Being team-oriented

Employment Requirements:

Must meet all employment requirements including, but not limited to, country and local education and certification requirements, reference checks, and criminal background checks.

Additional details about this position will only be provided to short-listed candidates.

SABIS^® is an equal opportunity employer. We are dedicated to a policy of non – discrimination in employment on any basis including age, sex, color, race, creed, national origin, religion, marital status, disability, or any other legally protected characteristics.