Compliance Specialist

3 days ago

Muscat, Muscat, Oman beBee Careers Full time

Overview

We are seeking a compliance specialist to join our finance team. The successful candidate will be responsible for ensuring the accuracy and integrity of financial data, including cash & bank transactions, receivables, payables, general ledger, VAT, corporate tax, and reconciliations.

The ideal candidate will have a strong understanding of accounting principles, tax laws, and financial systems, as well as the ability to perform detailed analysis and problem-solving tasks.

Responsibilities:

  • Manage a wide range of accounting functions, including cash & bank transactions, receivables, payables, general ledger, VAT, corporate tax, and reconciliations.
  • Conduct daily reconciliations between sales registers and collections, collections and deposits, as well as deposits and bank account credits. Address and resolve any discrepancies or issues that arise.
  • Verify and account for petty cash transactions, ensuring accurate documentation and timely reporting.
  • Account for supplier invoices, process payments, and reconcile various control accounts on a regular basis.
  • Maintain the fixed assets register, ensuring proper accounting of all fixed assets, and perform reconciliation of related control accounts.
  • Support treasury activities, the general ledger, and various reconciliation processes.
  • Evaluate and ensure compliance with tax regulations, including VAT and corporate tax, and assist in the preparation of relevant tax filings.
  • Prepare financial reports, assist with audits, and provide insights into the company's financial performance as needed.

Requirements:

  • Bachelor's or Master's degree in Commerce (B.Com, M.Com), or an intermediate level of CMA (Cost Management Accounting).
  • Minimum of 5-8 years of experience as an accountant or in a similar finance role.
  • Strong understanding of accounting principles, financial management, and tax laws, including VAT and corporate tax.
  • Advanced proficiency in Microsoft Excel, including complex functions and formulas.
  • Exceptional attention to detail and high accuracy in financial reporting and reconciliation tasks.
  • Strong analytical and problem-solving skills, with the ability to identify issues and recommend solutions.
  • Excellent communication and interpersonal skills, with the ability to interact effectively with team members and external stakeholders.
  • Ability to work independently and efficiently, while being a collaborative team player.
  • Experience with Autoline software is preferred.

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