Finance Specialist (Qatar)

Job Overview

This position serves as the financial director of the overseas subsidiary, with overall responsibility for the subsidiary's monthly financial statement preparation, tax filing, clearing of intercompany accounts, reconciliation with suppliers and customers, management of bank accounts and purchase, sale, and storage data in the warehouse, ensuring that the financial data of the overseas subsidiary is true, accurate and complete, with accounts matching the actual situation, submitting reports in a timely manner as required by headquarters, and cooperating with the financial manager to complete all financial operation and management tasks.

Core Job Responsibilities

• Monthly Financial Statements: Complete the preparation of the previous month's statements (including Balance Sheet, income statement, Cash Flow statement and relevant management statements) before the 10th of each month. After being reviewed by the head of finance, submit them to the financial manager of the subsidiary according to the time nodes and format specified by the headquarters, and patiently answer questions related to the statement data;

• Tax filing Complete the preparation of tax returns and calculation working papers three days in advance before the statutory filing deadline, and the filing shall not be submitted until it has been reviewed by the chief financial officer and completed the internal EIP approval process;

• Cleanup of Receivables and Payables: Complete the reconciliation and clearing of accounts receivable, accounts payable, unearned revenue and prepaid accounts at the end of each month; promptly identify the causes of overdue uncleared items, report to the financial manager of the subsidiary, and formulate collection or payment plans;

• Reconciliation work: At the end of each quarter, conduct Account Payable reconciliation with major suppliers and accounts receivable reconciliation with major clients, verify invoices, warehouse-in and warehouse-out documentation, payment / collection records, etc. to ensure that the accounting records match the actual status; the reconciliation results shall be documented in writing and confirmed by both parties;

• Bank Account Management: Register cash and bank deposit journals on a daily basis to ensure daily clearance and monthly closing as well as daily reconciliation; update bank statements daily and identify outstanding items; register POS Value Added Tax receipts daily and verify outbound information;

• Warehouse purchase, sale, and storage data: Based on customs import data and warehouse feedback, maintain inventory data on the same day; recognize revenue and cost on the same day based on delivery notes / return data; conduct purchase, sale, and storage reconciliation at the end of each month, and verify financial ledgers against warehouse physical ledgers and inbound/outbound documentation to ensure consistency between books and physical stock, and promptly investigate and report any discrepancies;

• Data Archiving: Sort, bind and archive financial materials such as accounting vouchers, account books and statements on a monthly basis, and properly keep them for future reference.

Job Qualification Requirements

• A public undergraduate institution in China or a university recognized by the local government, with a major in financial management or a related field;
• Have more than 3 years of working experience in financial management;
• Aged around 35, mainly male, and females are also welcome;
• The working languages are mainly English and the local language, and Chinese nationals or those who can speak Mandarin are preferred.

Pay: From QAR8,000.00 per month

Work Location: In person