Accountant at the OPEC Fund for International Development

• The Accountant is responsible for the bookkeeping of the Fund’s general ledger accounts, all in accordance with the institutional strategy and framework, to ensure all financial transactions are reconciled and posted, in conformity with accepted accounting principles.

Duties and Responsibilities
Accounting:

• Maintains the OPEC Fund’s accounting records and balances of general ledger accounts in accordance with International Accounting Standards and International Financial Reporting Standards (IFRS).
• Supports the internal and external audit processes.
• Identifies major problem issues in all areas of accounting, tax and compensation.

Reporting:

• Ensures uniformity and consistency in recording and reporting transactions.
• Prepares schedules, analysis, summaries and reports in support of the financial reports, as may be requested on an ad-hoc basis
• Reconciles all accounts subject to reconciliation and follow up on all outstanding items within the specialty area assigned.
• Coordinates the reconciliation of general ledger balances for financial reporting purposes, specifically to the assigned area and liaise with other internal counterparties and stakeholders.
• Reviews and updates the accounting systems manual and participate in the implementation of enhancement to existing and/or new IT financial systems.

Monitoring and Review:

• Monitors financial postings and compliance, using as a reference the approved manuals, procedures and guidelines.

Recommendations:

• Formulates solutions and recommendations, and provide central direction and control over complex theoretical and practical accounting, tax and compensation matters not covered by standard practice or precedent.
• Initiates evaluation studies and analysis, and provides Management with recommended solutions.

Stakeholder Management and Engagement:

• Works together with the Senior Accountant and other staff in the Accounting Function as well as with other areas responsible for maintaining financial system sub-ledgers.
• Prioritizes the work to ensure the achievement of reporting objectives in a timely, accurate and efficient manner.
• Carries out other tasks assigned by the Senior Accountant or the Director, Financial Controls that are related to the job function.