Senior Accountant

Overview

The Senior Accountant will be responsible for preserving precise financial records linked to international trade operations, ensuring adherence to global finance guidelines and optimizing cost-efficiency in trade transactions.

Key Duties

• Maintain detailed financial documentation for international import and export affairs.
• Compile and present financial statements monthly, quarterly, and annually for trade activities.
• Oversee reconciliation of bank accounts, trade receivables, and payables.
• Assess profitability, expenditures, and pricing strategies of imported and exported products.
• Ensure full compliance with tax laws related to international trade, including customs duties and VAT.
• Handle customs paperwork and mandatory reports submitted to trade regulatory bodies.
• Stay informed on changing international financial regulations, tariffs, and taxation policies.
• Manage expenses linked to logistics such as freight, insurance, and customs fees.
• Track currency exchange variations and apply risk management measures for foreign exchange.
• Streamline financial workflows to minimize transaction expenses in global trading.
• Process foreign currency transactions in line with banking standards.
• Collaborate with banks on letters of credit, trade financing products, and payment terms.
• Reconcile accounts in foreign currencies ensuring proper use of exchange rates.
• Coordinate with supply chain and purchasing divisions to monitor shipment and financial settlements.
• Verify correct valuation of trade goods for financial reporting purposes.
• Review import/export documentation such as bills of lading, invoices, and customs clearance papers.
• Prepare necessary documentation for audits concerning international trade operations.
• Establish internal controls to mitigate fraud and irregularities within trade dealings.
• Organize and maintain filing systems for invoices, trade contracts, and tax paperwork.