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Chief Accountant

The Group Securities

About us:

The Group Securities is a well-established investment organization working in the finance industry since 1989, as a company devoted to the stock exchange. It was licensed once Qatar Stock Exchange was founded in 1997 and provides an array of investment services to more than 400,000 investors, with portfolios exceeding QR 100 billion. As a brokerage firm, The Group Securities finances margin trading and operates as a liquidity provider for the listed shares and ETFs. The company has a paid‑up capital worth QR 1 billion and has been continuously posting profit since its inception. Besides being licensed by Qatar Financial Market Authority to exercise these activities, The Group Securities is also a member of Qatar Stock Exchange.

Responsibilities:

  • Take responsibility for executing core accounting activities of the company, including maintaining a strong finance procedure, complying with local regulations and ensuring all proper accounting records are processed with accuracy, timelines and completeness.
  • Maintain local banking relationships, including negotiating facilities agreements and ensuring that such activities are carried out within a planned time frame and in alignment with general financial plans, targets and interest.
  • Monitor compliance with IFRS and IAS.
  • Prepare the monthly statutory accounts and consolidated financial statements under IFRS.
  • Coordinate the monthly closing process and reconcile general ledger accounts.
  • Compile and analyze financial information to prepare entries to general ledger accounts, cost centers and documents business transactions.
  • Distribute financial statements and cost‑center reports.
  • Issue cost reports of outstanding projects for review and approval.
  • Determine proper handling of financial transactions and approve transactions.
  • Review and approve payment vouchers and journal entries.
  • Maintain and monitor the purchases and payable system closely.
  • Perform periodic cash‑flow forecasting.
  • Analyze transactional processes and identify areas where additional accuracy and efficiencies can be achieved.
  • Develop and maintain proper controls and effective accounting system and policies for the set‑up.
  • Prepare work papers and supporting schedules for the annual financial review.
  • Adhere to internal and external audit requirements and deadlines.
  • Assist with annual budgets – prepare required financial allocations.
  • Be responsible for knowing critical functions within the department and capable of mentoring and assisting employees within the department.
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Vacancy posted 13 hours ago
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