Job Purpose:
To support the finance team and apply accepted accounting principles and procedures to analyze financial information, prepare accurate and timely financial reports and statements and ensure appropriate accounting control procedures as per policies & procedures.
KEY ACCOUNTABILITIES & ACTIVITIES:
- Provide the information to Chief Accountant to facilitate decisions during budgetary meetings and consolidate the annual budget and expense plan based on inputs received from various departments.
- Support the Chief Accountant by preparing projections, trends, revenues and cost analysis and other financial planning and management accounting reports as per the specified metrics to complete the regions annual Expenses & Overhead (CAPEX) & Manpower budget.
- Monitor all operational accounting entries such as payables, receivables, collections and general ledger and ensuring that all transactions are properly authorized, documented and classified prior to posting as per prescribed standards and policies and procedures.
- Support the Personnel Department with preparation of Action forms, salary certificates and updating the employee's benefits and compensation for new and existing employees.
- Prepare daily cash & bank vouchers
- Monitor daily cash receipts and deposits in the banks accounts with no delays
- Receive daily credits invoices, POs from the sales department, verify and send to the collection department for claims.
- Monitor the collection process weekly and inform the Chief Accountant if collection is overdue.
- Verify the customer deposits and confirm the same to Sales department.
- Assist the Chief Accountant in verifying, monitoring and timely preparing of all the documents related to all accounts payable to ensure timely payments to all suppliers & vendors to maintain the Company's image and reputation
- Verify and prepare the costumer refunds (Vehicles Deposits).
- Prepare & update the monthly trial in compliance with Financial Policies & Procedures and applicable accounting standards in Saudi Arabia
- Prepare and update the Asset Register on monthly bases to ensure that all fixed assets are within fixed asset policy
- Monitor the fixed assets register with proper categories, classifications and proper tagging to ensure applying the proper internal controls and their compliance with the general ledger
- Prepare the timely and error free monthly payroll reports to ensure it is timely submission to payroll section.
- Prepare and forward Ageing reports of Customer & Suppliers to management for their immediate action.
- Prepare WIPS (Work in progress) reports for Service Department.
- Manage the activities and work of subordinates and ensure that all work within a specific area is carried out in an efficient manner.
- Help subordinate with their queries related to critical Accounting problems.
- Follow all relevant departmental policies, processes, standard operating procedures and instructions so that work is carried out in a controlled and consistent manner
- Comply with all relevant safety, quality and environmental management policies, procedures and controls to ensure a healthy and safe work environment
JOB SPECIFICATIONS
- 5 + years relevant field of Accountancy.
- Bachelor's degree in Accounting & Commerce.
- With strong background in Construction Business
