Maintaining accurate and up to date records of all financial transactions
Daily payment process initiation and monitoring
Daily bank reconciliation
Prepare and circulate daily bank position
Documents daily scanning and archiving in ERP SYSTEM
Review monthly payroll file prepared by HR and highlight corrections before posting in ERP SYSTEM and payment processing
Month closing activities processing including recurring entries run, monthly depreciation run, review manual clearing account and review vendors accounts clearing for monthly closing
Prepare monthly detailed justification for all accounts as per company template
Close / Open MM and Finance period in ERP SYSTEM
Update currencies exchange rate in ERP SYSTEM
Preparation of monthly financial reports for Holding, Jeddah branch, Al Sahb and Tayseer Trading
Preparation of monthly actual versus budget variance report along with detailed explanation for Holding, Jeddah branch, Al Sahb and Tayseer Trading
Oversee cost sheet project wise (like land development or others) and highlight deviation from budgeted figures month wise
Follow up yearly valuation services and book identified impairment, if any
Be associated to yearly ZAKAT process for Jeddah branch, Al Sahb and Tayseer Trading
Ensuring appropriate continuous financial control in compliance with VAT regulation
Prepare periodically VAT filing documents and coordinate the same with service provider before submission
Advising on the improvement of ERP SYSTEM functionalities including the internal control framework. Add inputs during new ERP SYSTEM functionality design and then test this new functionality before transfer to production
Cooperation with external auditors to carry out annual audit activities
Highlight continuously any red flags (list to be agreed with Finance Manager) for detailed investigation, if any
Requirements:
Minimum Bachelor's degree in accounting
CPA is preferable
Four or more years of overall experience including 2 years in a Senior Accountant position
Good knowledge of IFRS
Ability to work in a multicultural diverse environment and under pressure
Demonstrated ability to handle confidential information in a sensitive and tactful manner
Convey a sense of urgency when appropriate and persist in the face of obstacles
Excellent analytical and problem-solving skills
Examines information/situation in detail in order to identify key elements and make a recommendation to solve problems
Get results and add value
Good verbal, written and interpersonal communication skills in English
Solid proficiency with Microsoft Office Applications (Word, Excel, PowerPoint, and Outlook)
Ability to plan, manage and follow through on assignments and communicate at all levels of the organization in a timely and professional manner
Ability to work independently and as a member of a team with minimal supervision