JOB OVERVIEW

Responsibilities:
1. Financial Recording & Bookkeeping
– Compile and reconcile all ledger account balances to prepare an accurate, properly classified periodic trial balance.
– Record all financial transactions in compliance with accounting standards and company policies.
– Maintain up-to-date ledgers, journals, and supporting financial records to ensure data integrity.
2. Reconciliation
– Perform daily reconciliations of bank statements, accounts payable, and accounts receivable to ensure accuracy and resolve discrepancies promptly.
– Maintain reconciliations for accrual costs, prepayments, VAT, income tax, Zakat, and other provisions.
– Investigate and resolve account variances to ensure accurate financial data.
3. Financial Reporting
– Prepare monthly financial statements, including balance sheets, income statements, and cash flow statements.
– Ensure timely and accurate monthly reporting in line with company and regulatory requirements.
– Support the preparation of specialized reports such as job costing analysis, client profitability analysis, and revenue vs. cost comparisons.
4. Accounts Receivable & Accounts Payable
– Oversee accounts receivable collection and accounts payable payment processes, ensuring timely collection and timely payments processing.
– Track and follow up on receivables and payables weekly.
Prepare a weekly payment list for review and processing every Wednesday.
5. Cost Accounting
– Implement and maintain a cost accounting system to monitor job costs and assess profitability.
– Analyze variances between estimated and actual costs, providing insights for improvement.
6. Team Leadership
– Supervise and mentor the accounting team subordinates, fostering professional development and ensuring productivity.
– Conduct performance evaluations to align team objectives with departmental and company’s goals.
7. ERP Systems & Process Improvement
– Optimize the use of the company’s ERP system to improve efficiency in financial operations.
– Identify and implement process enhancements to streamline workflows and increase accuracy.
8. Taxation & VAT
– Ensure compliance with financial regulations, including VAT, income tax, Zakat, and withholding tax requirements.
– Prepare and assist tax consultants in the submission of VAT and WHT filings, ensuring accuracy and timeliness.
9. Vendor & Client Relations
– Manage financial interactions with vendors and clients, including invoice issuance, payment processing, and dispute resolution.
– Coordinate with internal teams to address financial matters promptly and effectively.
10. Audit Support
– Prepare and provide documentation and explanations required for external audits.
– Address audit findings and implement corrective actions to strengthen financial controls.

Required Skills:
1- Work experience
-Minimum of 7 years of professional experience in a reputable Saudi organization.
-At least 2 years in a senior or supervisory role.
2- Academic qualifications
– BS degree in accounting or equivalent, from a renowned university.
3- Technical/Computer skills
– Ability to generate and analyze accounting work and reports.
– Strong understanding of the International Financial Reporting Standards.
– MS Office (Excel, Word, PowerPoint…) and other accounting software.
4- Interpersonal and other skills
– Excellent verbal and written communication skills in both English and Arabic.
– Ability to work effectively under pressure, meet deadlines, and maintain high attention to detail.
– Excellent communication skills and cooperation with colleagues.

Salary range :  15000 SAR – 18000 SAR (full package)