Job details
Seddiqi Holding is a Family-owned and managed company with a unique, diversified portfolio of businesses and brands across numerous sectors. The business includes Ahmed Seddiqi & Sons, Seddiqi Properties, Swiss Watch Services and Mizzen. We are looking for an Executive Accounts who will be responsible for executing all day-to-day processing of Accounts Payable transactions to ensure that all creditor payments are made with accuracy and as per agreed timelines. The role is also responsible for providing support with general ledger and reporting activities for the Accounts Payable team. Key Accountabilities Payments and Disbursements
- Provide support in inspecting all payments made to suppliers and ensure it is compliant with the contract/ purchase order and internal standards adopted by Seddiqi Holdings
- Assist in delivering timely and accurate processing of invoices and supplier payments in compliance with organization’s policies and procedures
- Assist in review all cheque requests and bank transfer letters and send it to relevant authorities for approval
- Provide support in managing the integrity of all payments by ensuring appropriate signatories and approvals are in place, in compliance with company policies
- Assist in addressing all queries from suppliers on payables and resolves issues if any
- Provide supporting in managing the vendor master data
- Assist in follow-up on the settlements of petty cash on timely basis
- Support in review of open Purchase Orders (POs) and preparation of required schedules like prepaid expenses, vendor ageing, advance schedules etc
- Assist in ensuring proper administration of entries in the system
- Provide support in checking the reconciliation of the accounts ledger to ensure that all payments are accounted for and properly posted in the system
- Assist in reconciliation of bank statements with the general ledger including reconciling checks and/or deposits in an accurate and periodic manner
- Assist with month-end/periodic reconciliations to provide accurate status report
- Provide support in preparation of status reports, in a timely manner, as may be applicable
- Assist in performing proper closing of periodic and annual accounts.
- Oversee record maintenance and periodically review the documentation related to Seddiqi Holding’s assets and ensure timely capitalization of these assets
- Manage the processing of insurance contracts to effectively provide coverage to Seddiqi Holding’s assets
- Updating of Exchange Rate in SIMS and Cegid on daily basis from Central Bank site
- Provide support and documentation during interim and annual audit (internal and external) as required
- Minimum 3 years of job related experience.
- Bachelor's Degree or equivalent in Finance / Accounting.
- CA Inter/ CPA/ACCA/ACA (Semi qualified)
- Good communication skills (verbal and written)
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