Supervisor, Commercial Accounting
6 months ago
About the job Supervisor, Commercial Accounting
**Purpose of the Job**
**Duties and Responsibilities**
1. Review all revenue recognition transactions for the designated revenue area under commercial accounting.
2. Assure from proper billing for areas that being billed from commercial accounting side.
3. Monitor the received payment and assure from proper recording for collection to its designated balance sheet receivable account.
4. Post entries from SL to GL
5. Close accounting period for AR sub-ledger.
6. Coordinate with treasury to close pending transaction after maintaining the required investigation and escalate whenever is needed.
7. Supervise preparation of monthly reports and design new reports needed to satisfy management needs.
8. Responsible for AD HOCK reports related to the designated area.
10. Cooperate and share with opinion from accounting and reporting perspective in new products / services launch meetings (TTM, kick off meetings) and follow up pending issues with the project manager.
11. Monitor monthly reconciliation preparation and challenge the variances till resolved or justified.
12. Review contracts with other parties and discuss points of concerns with business owner and legal.
13. Plan and draft accounting treatment for new accounting events in correspondence to new products and services.
14. Discuss all potential changes and modification with department manager to validate and document.
15. Coordinate with other colleagues from budgeting and forecasting via sharing helpful information to build business plan.
16. Work closely with technology to maintain and enhance the current working systems and customized DWH reports.
**People Management**
1. Provide coaching and request needed training for direct reports ensuring continuous individual development.
2. Ensure a healthy working environment for the department employees / assigned team through focusing on motivation initiatives.
3. Conduct regular performance and competency evaluations for direct reports while delivering constant constructive feedback for higher achievements and further development.
4. Hold regular meetings with the team members to strengthen communication and ensures sharing the same objectives.
**Job Specification**
**Education**
1. University degree in Accounting.
**Experience**
1. Minimum 4 year of experience, 2 of which in relevant role.
2. Accounting experience is a must.
3. Priority goes to employees within the Finance team.
**Skills and abilities**
1. Ability to work with people.
2. High ability to work under pressure.
3. Awareness of the whole revenue cycle process.
4. Flexibility to rotate or swap within commercial accounting team according to work needs.
5. Good communication skills.
6. Oracle financial user awareness.
7. Strong knowledge and ability to work with Microsoft office tools, specially excel.
8. Basic awareness of system integration needs.
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