Expense Accountant

Expense Accountant

Job Details

Job Position – Expense Accountant

Company Name – Gulf Model School

This role involves tracking, recording, and reviewing all company expenses to ensure accuracy and compliance with financial

policies. Key tasks include:

Recording daily expenses
Accurately and systematically entering invoices and expenses into the accounting system
Reviewing invoices and documents
Ensuring the accuracy, approval, and consistency of invoices with purchase orders or contracts
Preparing expense entries
Making accounting entries for various expenses, such as operational and administrative expenses
Monitoring advances and imprest funds
Reviewing and reconciling financial advances and employee imprest funds, and ensuring their closure

Analyzing expenses
Preparing reports detailing expenditure items and comparing them to the approved budget
Ensuring adherence to the budget
Monitoring expenses and ensuring they do not exceed the limits set for each department
Preparing financial reports
Producing periodic reports for management on expenses and costs
Coordinating with other departments
Communicating with purchasing, administration, and human resources regarding expenses and financial claims
Participating in monthly and annual closing

Ensuring all expenses are recorded in the correct periods Compliance with tax policies and regulations, such as Value Added Tax (VAT) and internal audit procedures.

Bank reconciliations are the process of matching the balance shown in the company’s books with the balance on the bank statement to ensure there are no discrepancies or errors.

Financial statement preparation tasks include: preparing the trial balance; reviewing and auditing accounts before closing; coordinating with internal and external auditors; preparing adjusting entries and closing entries; monitoring depreciation, provisions, and accruals; and preparing financial reports for management.

Email : hiring@gmsdubai.ae