Sr. Accountant

Description

Summary: The Senior Accountant manages day-to-day financial operations, ensuring accurate reporting, regulatory compliance, and budget control for Parkonic Qatar. Highlights: 1. Manage financial operations and ensure accurate reporting 2. Support management with financial analysis and strategic decisions 3. Ensure compliance with Qatar's accounting standards and tax regulations Senior Accountant – Qatar **Position Title:** Senior Accountant **Department:** Finance \& Accounts **Location:** Doha, Qatar **Reports To:** Country Manager / Finance Director Position Summary The Senior Accountant is responsible for managing the day\-to\-day financial operations of Parkonic Qatar, ensuring accurate financial reporting, regulatory compliance, budget control, and effective management of accounts payable, accounts receivable, payroll, taxation, and cash flow. The role will support management with financial analysis, business planning, forecasting, and strategic decision\-making while ensuring compliance with Qatar's accounting standards, tax regulations, and company financial policies. Key ResponsibilitiesFinancial Accounting \& Reporting * Maintain accurate and complete accounting records in accordance with company policies and applicable accounting standards. * Prepare monthly, quarterly, and annual financial statements and management reports. * Manage general ledger activities, journal entries, account reconciliations, and month\-end closing processes. * Ensure all financial transactions are properly recorded and supported by adequate documentation. * Prepare balance sheet reconciliations and investigate any discrepancies. * Support annual audits and coordinate with external auditors. Accounts Receivable \& Revenue Management * Manage invoicing and billing processes for all clients and projects. * Monitor collections and ensure timely receipt of payments. * Follow up on outstanding receivables and support account managers in collection activities. * Prepare aging reports and recommend actions to improve collection performance. * Reconcile customer accounts and resolve billing discrepancies. * Monitor revenue recognition and ensure compliance with contractual terms. Accounts Payable \& Expense Management * Review and process supplier invoices and payment requests. * Ensure proper approval and supporting documentation for all expenditures. * Manage payment schedules and maintain positive supplier relationships. * Reconcile vendor accounts and resolve outstanding issues. * Monitor operating expenses and ensure alignment with approved budgets. Budgeting, Forecasting \& Financial Analysis * Assist in the preparation of annual budgets and periodic forecasts. * Monitor actual performance against budget and provide variance analysis. * Prepare financial models, business cases, and profitability analyses. * Support management with financial insights for strategic decisions. * Analyze project profitability and operational performance. * Prepare monthly management dashboards and KPI reports. Payroll \& Employee Finance Administration * Coordinate payroll preparation and review payroll calculations. * Ensure timely payment of salaries, benefits, reimbursements, and statutory obligations. * Maintain employee finance records and payroll documentation. * Coordinate with HR regarding employee financial matters and final settlements. Taxation \& Regulatory Compliance * Ensure compliance with Qatar tax regulations and applicable statutory requirements. * Coordinate corporate tax, withholding tax, and other regulatory filings as applicable. * Prepare required financial submissions to government authorities. * Monitor changes in tax and financial regulations and advise management accordingly. * Support regulatory audits and inspections. Cash Flow \& Treasury Management * Monitor daily cash positions and liquidity requirements. * Prepare weekly and monthly cash flow forecasts. * Manage bank reconciliations and banking relationships. * Monitor working capital and recommend actions to improve cash flow. * Ensure timely payments and efficient cash utilization. Internal Controls \& Compliance * Implement and maintain financial controls and accounting procedures. * Ensure compliance with company policies, delegation of authority, and approval workflows. * Monitor financial risks and recommend corrective actions. * Maintain proper record keeping and document retention practices. * Support the development and improvement of finance processes. Commercial \& Business Support * Support Business Development and Operations teams with commercial analysis. * Review contracts and assess financial implications. * Assist with pricing models, revenue projections, and investment evaluations. * Provide financial support for tenders, proposals, and business cases. * Evaluate return on investment for new projects and site acquisitions. Key Performance Indicators (KPIs)Financial Reporting * Accuracy and timeliness of monthly financial reports. * Timely completion of month\-end and year\-end closing activities. * Audit compliance and audit findings. Accounts Receivable * Collection rate. * Days Sales Outstanding (DSO). * Aging of receivables. * Reduction of overdue balances. Accounts Payable * Timely processing of supplier payments. * Vendor reconciliation accuracy. * Compliance with payment schedules. Cash Flow \& Budget Management * Accuracy of cash flow forecasts. * Budget variance management. * Working capital optimization. Compliance * Regulatory filing compliance. * Tax filing accuracy and timeliness. * Internal control compliance. Qualifications * Bachelor's Degree in Accounting, Finance, Commerce, or a related field. * Professional accounting qualification preferred (CPA, ACCA, CMA, CA, or equivalent). Experience * Minimum 5–8 years of accounting and finance experience. * Experience in Qatar or GCC financial environments is highly preferred. * Experience in service\-based, technology, infrastructure, mobility, parking, or facility management industries is advantageous. * Experience managing full accounting cycles and financial reporting. * Experience working with ERP and accounting systems. Skills \& Competencies * Financial Accounting and Reporting. * Budgeting and Forecasting. * Financial Analysis and Business Partnering. * Accounts Receivable and Collection Management. * Accounts Payable Management. * Cash Flow and Treasury Management. * Tax and Regulatory Compliance. * Internal Controls and Risk Management. * Advanced Microsoft Excel skills. * ERP and Accounting Software proficiency. * Strong attention to detail and analytical capability. * Excellent communication and stakeholder management skills. * Fluent in English; Arabic is an advantage. Authority The Senior Accountant is authorized to: * Review and validate accounting transactions. * Recommend payment approvals in accordance with company policies. * Liaise with auditors, banks, suppliers, and regulatory authorities. * Provide financial recommendations to management. * Escalate financial risks, compliance concerns, and budget deviations. Success Profile The successful candidate will establish and maintain a strong financial control environment for Parkonic Qatar while providing accurate financial reporting, effective cash flow management, and strategic financial support to the business. Success will be measured through financial accuracy, compliance, collection performance, budget control, and the ability to support the company's growth and operational expansion across Qatar. Pay: QAR6,000\.00 \- QAR9,000\.00 per month Work Location: In person