ASIAPOWER OFFICE TIMING: 10.00 AM TO 5.00 PM (MON TO SAT)
Job Purpose and Responsibilities
General Characteristic (Job Summary)
Manages and coordinates company's financial function including general accounting, monthly J/V Closing, Tax, and payment in accordance with corporate policies and procedures to meet company’s business requirements.
Role & Responsibilities [KNPC & Duqm J/V PJT Role & Responsibilities]
-Reports Trial Balance for PSCJ monthly closing to the Head office.
-Ensures the required documents from PWC for quarterly audit periods.
-Prepares all back-up sample data for yearly Tax-filing, and declared to file KNPC PSCJ’s income tax, to DIT in Kuwait.
-Communicates with the local banks for issuing Labor & Visa Guarantees bond.
-Manages the forward F/X transactions with Petrofac Finance dept.
-Reviews all invoices for vendor payment with cost controller of Project management dept. (Required double checking Process)
-Manages all of required documents to make new bank accounts.
-Makes daily a payment list for vendor payments.
-Reports weekly J/V financial activities to the Head office.
-Equipped with in-depth knowledge of Kuwait & Oman tax including corporate income tax and withholding tax (Oman).
-Assist in implementation of VAT in Oman and understands its impact to the company.
-Prepare separate book of Trial Balance of Samsung Oman in excel
-Communicate with JV partners for individual portion invoicing taking into account Samsung Oman’s tax position.
-Assist and guide Oman’s withholding tax requirement.
-Obtain and maintain a thorough understanding of the financial reporting and general ledger structure.
-Ensure accurate and timely recording and reporting of operating results following accounting principles.
-Obtain and maintain a thorough understanding of the financial reporting and general ledger structure
-Assist the Controller in the daily banking requirements.
-Ensure the accurate and timely processing of positive pay transactions.
-Communicates with local banks.
Job Requirements and Qualifications
Education
-Bachelor’s Degree with a major in accounting, business management or closely related field.
-Professional certificate (CPA, CFA) will be added advantage.
Experience
More than 10 years of professional accounting experienced and with more than five years supervisory or management level experienced in EPC.
Skills & Knowledge
-Strong knowledge of accounting principles, practices and procedures.
-Ability to develop and establish financial policies and procedures.
-Ability to work independently with little supervision.
-Ability to effectively direct and supervise.
-Ability to analyze financial data and to prepare accurate reports in timely fashion.
-High-level Ability to utilize SAP accounting system. (Mandatory)
-The depth knowledge in Kuwait & Oman Tax (Required)
Language Skills
Strong verbal and written communication skills in English.