Senior Accountant

Senior Accountant

Work Location: Yangon

Job type: Full-Time

Posted: 29-12-2020

Salary: 800,000 - 1,200,000 Kya / Monthly

Email: soe.htway@40hrs.com.mm

Job Responsibilities

  • Maintain up-to-date billing system
  • Generate and send out invoices
  • Follow up on, collect and allocate payments
  • Carry out billing, collection and reporting activities according to specific deadlines
  • perform account reconciliations
  • Monitor customer account details for non-payments, delayed payments and other irregularities
  • Research and resolve payment discrepancies
  • Review AR aging to ensure compliance
  • Maintain accounts receivable customer files and records
  • Follow established procedures for processing receipts, cash etc
  • Prepare bank deposits
  • Investigate and resolve customer queries
  • Process adjustments
  • Develop a recovery system and initiate collection efforts
  • Communicate with customers via phone, email, mail or personally assist with month-end closing
  • Collect data and prepare monthly metrics
  • Process accounts and incoming payments in compliance with financial policies and procedures
  • Perform day to day financial transactions, including verifying, classifying, computing, posting and recording accounts receivables’ data
  • Prepare bills, invoices and bank deposits
  • Reconcile the accounts receivable ledger to ensure that all payments are accounted for and properly posted.
  • Verify discrepancies by and resolve clients’ billing issues
  • Facilitate payment of invoices due by sending bill reminders and contacting clients
  • Support HR and Finance departments in preparation of monthly payroll and tax process
  • Generate financial statements and reports detailing accounts receivable status
  • Support month-end and year-end close process
  • Assist in preparation of monthly management report and accompanying schedules, worksheets and narratives, including “Budget vs. Actual” variance reports.
  • Assist in providing follow-up and documentation of significant variances
  • Assist with annual external audit. Complete requested materials. Assist in preparing assigned schedules for the annual and any interim or other audit.
  • Assist the CFO in developing, documenting and implementing business processes and accounting policies to maintain and strengthen internal controls in a start-up office environment
  • Liaise with the CFO to continue to design and improve financial procedures
  • Wide range of ad hoc but related tasks in the area of work, supporting the CFO and wider team


Job Requirements

  • Bachelor's degree
  • ACCA, LCCI, or comparable
  • Strong analytical and accounting skills
  • Excellent communication skills
  • Excellent English skills
  • Strong organisational and time management skills
  • 5+ years’ proven experience in Finance and Accounting
  • Experience working in an international organisation
  • Good knowledge of IFRS/MFRS
  • Good knowledge of Microsoft Office products
  • Good knowledge of accounting/finance software
  • Familiarity with Myanmar banking processes and online banking (iBanking)
  • Knowledge of Myanmar Government Tax obligations
  • Knowledge of Xero Accounting and/or other accounting software packages would be a strong advantage
  • Understanding of financing and insurance products would be a strong advantage

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