Job details
Accruals Accountant
Placements24 · Riffa, Bahrain
- Published on Jobs Match
Job description
About the Role Our client, a leading industrial conglomerate based in Riffa , is actively recruiting for an experienced Accruals Accountant to enhance their finance department. This role is integral to ensuring the accurate and timely recognition of expenses and revenues, thereby maintaining the integrity of the company's financial records. The successful candidate will be responsible for meticulous tracking of accruals, prepayments, and deferrals, playing a crucial part in the month-end and year-end closing processes. This is a ground-based position, offering a stable and challenging career within a respected organization in the Southern Governorate . Key Responsibilities Accurately record and monitor all accruals, prepayments, and deferred revenue/expenses. Prepare monthly accrual schedules and journal entries. Analyze variances between estimated and actual accruals. Reconcile relevant general ledger accounts. Assist in the preparation of monthly financial reports for management review. Support the audit process by providing necessary documentation and explanations for accrual accounts. Maintain an organized and up-to-date filing system for all accrual-related documentation. Collaborate with various departments to gather information for accurate accrual calculations. Ensure compliance with accounting policies and procedures. Participate in the continuous improvement of accrual processes. Requirements Bachelor's degree in Accounting or Finance. Minimum of 3-5 years of relevant accounting experience, with a strong focus on accruals and general ledger functions. Solid understanding of accrual accounting principles and their application. Proficiency in accounting software and Microsoft Excel is essential. High level of accuracy and meticulous attention to detail. Good organizational and time management skills. Effective written and verbal communication abilities. Ability to work under pressure and meet tight deadlines. Proactive approach to identifying and resolving discrepancies. Must be able to commit to working on-site in Riffa , Bahrain . Benefits This role comes with a competitive salary package designed to attract top talent in the field. Our client provides comprehensive benefits including health insurance, annual leave, and opportunities for professional growth. The position is based in our client's well-equipped offices in Riffa , offering a stable and secure working environment. A supportive team culture and the chance to contribute to a significant player in the region's industrial sector are also key advantages. Long-term career prospects within the Southern Governorate are excellent.