Nova® Water is Saudi Arabia's most iconic premium bottled water brand, recognized for its uncompromising quality and continuous innovation. As the Kingdom's leading water brand, Nova® has earned the trust of consumers nationwide and remains a symbol of purity and pride. Rooted in the heart of this land, Nova® continues to set the benchmark for hydration and brand excellence in Saudi Arabia.
Key Responsibilities:
- Support the Finance Director in managing timely monthly, quarterly, and year-end closings of the General Ledger (GL) system.
- Ensure reconciliation between General Ledger and Sub Ledgers.
- Develop, communicate, and monitor closing schedules to ensure adherence to deadlines.
- Oversee maintenance and accuracy of accounting records within the GL system.
- Recommend and implement system changes to comply with evolving legal, regulatory, and technological requirements.
- Review and approve manual journal entries and associated supporting documentation.
- Review and approve account analyses and ensure timely submission of account reconciliations with clear variance explanations.
- Collaborate with Cash Management, Accounts Receivable, Accounts Payable, and other departments to resolve discrepancies.
- Conduct actual vs. budget expense analysis and provide variance explanations.
- Assist in hiring, onboarding, and training of new General Ledger staff.
- Monitor Key Performance Indicators (KPIs) for the General Ledger department to ensure performance standards are met.
- Build and maintain a strong control environment to support scalability and ensure compliance with statutory and financial reporting requirements.
- Engage with stakeholders to understand key requirements and structure processes to meet business needs, including balance sheet and P&L variance reviews.
- Work with financial management teams across locations to develop and track performance metrics focused on continuous improvement.
- Establish and maintain internal controls and review cadence to ensure accurate and compliant financial reporting.
- Liaise with external auditors during year-end reviews and statutory audits.
- Continuously enhance existing processes and develop new procedures for improved efficiency and accuracy.
- Monitor and record investment-related accounting in financial statements in accordance with applicable accounting standards.
Qualifications:
- Bachelor's degree in Accounting, Finance, or a related field is required
- +7 years of experience in a similar or senior role.
- Strong understanding of business functions, experience with account reconciliations, journal entries, and financial analysis
- Experience in SAP / 4HANA is preferable.
- Ability to manage and motivate cross functional teams.