Employment:Full Time
Overview
The role involves managing a comprehensive range of financial and cost accounting activities, ensuring adherence to company policies and effective financial control.
Responsibilities
- Manage a comprehensive range of financial and cost accounting activities, including accounts receivable, accounts payable, general ledger, forecasting, and budgeting.
- Input sales invoices, purchase invoices, journal vouchers (JVs), and bank transactions into the ERP system.
- Confirm that purchase orders (POs) align with the budget to maintain financial control and adherence to company policies.
- Generate weekly reports on costs and cash expenditures for management review.
- Supervise daily finance and accounting operations, ensuring efficient processes and precise record-keeping.
- Conduct monthly bank reconciliations to verify the accuracy of financial records.
- Process payroll payments through the banking system; validate and execute payments for vendors, governmental fees, and other transactions.
- Coordinate with the bank account manager to obtain necessary documents, confirmations, and address banking inquiries.
- Complete a full set of accounts and ensure timely monthly and annual account closures.
- Execute project cost forecasts and budgets, including cost monitoring, tracking, and controls.
- Produce timely monthly financial statements, payment reports, and insights for effective cash flow management.
- Review and authorize payment vouchers and journal entries to ensure compliance and accuracy.
- Oversee cash flow forecasting and budgeting, working closely with operations and project teams to align financial objectives.
- Assist the Finance Manager in ensuring that cost allocations adhere to management agreements and transfer pricing guidelines.
- Work collaboratively with various departments to identify and implement initiatives for cost reduction.
- Reconcile accounts and efficiently resolve discrepancies to ensure accurate financial data.
- Uphold strong accounting policies and procedures, ensuring compliance with internal controls.
- Facilitate annual audits and act as a point of contact for external auditors throughout the audit process.
- Ensure adherence to tax regulations and assist with tax filing preparations, including uploads to the ZATCA Portal (WHT and VAT).
- Contribute to the development of financial proposals for projects, ensuring they align with budgetary constraints and organizational goals.
Qualifications
- Bachelor's degree in accounting or any related field.
- 6+ years experience in the accounting field.
