Company Profile:

The Palestinian Electricity Transmission Company is the first national company fully owned by the Palestinian government, overseeing the construction and operation of a national transmission system for electric power. The company was established in 2013 to meet the increasing needs for electricity and to ensure diversity in the sources of electricity supply. The company currently manages and operates four major Substations (161/33 kV) distributed in the Palestinian governorates, namely: the Jalamah Substation in Jenin, the Sarra Substation in Nablus, the Qalandia Substation in Jerusalem and Ramallah, the Baitulla Substation in Hebron, and the capacity reduction station in Tulkarem.

Main tasks and responsibilities:

• Carry out daily processing of financial transactions to ensure the implementation of the company's procedures and standards.
• Receipt and verification of invoices and financial claims and arrange the payment of all financial obligations of the company. Ensure that financial affairs are handled in an effective, up-to-date and accurate manner.
• Verification of compliance of transactions with financial and accounting standards and procedures.
• Ensure data integrity and implement appropriate backup procedures. Keeping records of expenses and arranging for their repayment.
• Arrange the payment of employees' salaries through bank transfers and ensure that salaries are processed in a timely manner.
• Complete payments and control expenses by receiving, processing, and matching invoices.
• Processing cash transfers to suppliers 'accounts and following up on accounts payable to suppliers' accounts.
• Preparing and matching bank reconciliation statements and conducting a monthly settlement for each bank account.
• Monitor debt levels, compliance with debt conditions, and payment of any debt when it is due.
• Processing accounts and outflow payments in accordance with financial and accounting policies, standards, and procedures.
• Conduct daily financial transactions, including verification, classification, calculation, publication, and registration of accounts payable data and matching the account book of accounts payable to ensure that all payments are calculated and posted correctly.
• Follow-up payments for disbursement with the financial control officer.
• Cooperation with the asset officer to update the registration of fixed assets in the financial system with the relevant depreciation in the general ledger.
• Maintain all necessary records for compliance with legal regulations and effective management of company payments.
• Feed the petty cash fund on request and keep a record of all payments made.
• Preparation, registration, and management of all payment transaction activities in accordance with the rules and procedures approved by the company.
• Complete payments and control expenses by receiving, processing, verifying, and settling invoices.
• Ensure timely collection of receivables and control cash flows.
• Reconciliation of the accounts payable book to ensure that all payments are calculated and posted correctly and the ledger is updated.
• Facilitate the payment of outstanding bills by sending billing reminders and following up with customers.
• Any other related tasks or assignments that are requested from the direct administrator.

Scientific requirements and experience:

• Bachelor's degree in accounting or any related field.
• 3-5 year’s experience.

Basic skills:

• Ability to plan, organize tasks and responsibilities, set priorities, and meet critical deadlines.
• Have up-to-date knowledge related to accounting.
• Strong communication skills, both verbally and in writing in English and Arabic.
• Strong skills in analysis, problem solving, and decision-making.
• Strong personality.

All those wishing to apply for the job are kindly requested to fill out the application form no later than 13/10/2024. Resumes that meet the job requirements will be considered.