Search for a Job: Part-Time Accountant Deeper details of the accounting processes we are implementing: Preparing a Comprehensive Accounting Program Define System Requirements: Identify the institution's needs and determine the necessary accounting systems to meet these needs. Design Account Structure: Create an accounting plan that includes all necessary accounts such as revenues, expenses, assets, and liabilities. Enter Assets: Add assets to the system after completing a physical inventory, including tools, vehicles, event halls, and opening balances. Physical Inventory of Assets Conduct Physical Inventory: Perform a comprehensive inventory of tangible assets such as equipment, vehicles, and furniture. Update Asset Records: Record the results of the inventory in the accounting system and update asset values. Prepare Inventory Report: Prepare a detailed report showing the status of assets and inventory results. Daily Accounting Work Record Financial Transactions: Record all daily financial transactions such as revenues from hall rentals and operating expenses. Update Ledgers: Update the general ledger and subsidiary ledgers daily. Manage Receivables and Payables: Monitor receivables and collect payments, review payables and settle dues. Prepare Payroll: Preparing Financial Reports Revenue and Expense Reports: Prepare periodic reports showing monthly or weekly revenue and expense figures. Profit and Loss Reports: Prepare detailed reports showing net profit or loss based on financial activities. Financial Data Analysis: Analyze financial data and provide recommendations to improve financial performance. Tax Declaration Prepare Tax Declaration: Collect necessary financial data and prepare the tax declaration for each quarter. Review Declaration: Review the declaration to ensure accuracy and compliance with tax laws. Communicate with the Authority: Submit the declaration to the General Authority of Zakat and Income and respond to any inquiries or tax claims. Communication and Coordination with Partners and Managers Report to Management: Provide periodic financial reports to senior management to assist in decision-making. Cooperate with Other Departments: Coordinate with other departments to ensure timely availability of accurate financial information. Monitoring Financial Commitments Manage Bank Accounts: Monitor bank accounts and ensure that all financial transactions are recorded accurately. Pay Bills: Track bill payment deadlines and ensure payments are made on time. Continuous Update of the Accounting System System Updates: Update the accounting software in line with changes in laws or financial policies. Compliance with Accounting Standards and Laws Adhere to Accounting Standards: Ensure the proper application of international or local accounting standards. Compliance with Laws: Ensure compliance with local and international financial and tax laws. Preparing the Budget Prepare Budget: Develop an estimated budget including expected revenues and expenses.