Accounting Manager

Airbus Industries
Riyadh
SAR 200,000 - 300,000
Job description

Job Responsibilities

  • Responsible for preparing Financial Management reports and submitting them in a timely manner.
  • Efficiently prepare and consolidate reports for the purpose of Group reporting.
  • Regularly review JVs and analyze GLs.
  • Ensure that Airbus processes and compliance regulations are in place.
  • Proactively conduct deviation analysis of financial statements on a monthly basis to support local and HO Management queries.

Coordination for Annual Audits (IFRS & GAAP)

  • Take a lead role in coordinating the Annual Financial Audit.
  • Proactively manage audit schedules and different audit requirements by effectively following up with team members and different HODs (e.g., Project Controller, Procurement & Supply Chain Manager).
  • Effectively communicate and liaise with auditors to organize their meetings with different departments, such as Controlling, Procurement, HR, and Legal Head, and be responsible for bridging any gaps.
  • Support in finalizing the Annual Income Tax Returns, including identifying revenue, foreign and local purchases, and subcontracting costs.

Supervision of Accounting Operation & Closing Activities

  • Be responsible for ensuring timely and accurate monthly, quarterly, and year-end closing by efficiently supervising accounting operations and closely coordinating with the controlling department to book all cost center and project-related expenses.
  • Participate in payroll projects, withholding tax applications, payable and receivable controls, and monitor cash flow.

Implementation, Monitoring & Upgrading of Accounting Standards & Process

  • Effectively understand and implement changes in financial reporting due to changes in organizational structure, and continuously develop and improve accounting and control procedures and policies.
  • Support assignments related to tax assessment and coordinate with auditors regarding tax authority requirements.
  • Monitor cash flow, payables, receivables, affiliated companies, and government utilities.

Facilitation, Support & Cross Functional & Cross-Country Communication

  • Monitor and verify intercompany balances, clearing strategies, and inter-company reconciliation with the AR accountant.
  • Coordinate with team members from time to time to address any issues and improve the process and procedures.
  • General support activities: Be supportive in vacation backup and align with the requirements of the time and situation. Support the team by managing ad-hoc requirements assigned by Head of Accounting.
  • As the business environment is evolving, so is Airbus in terms of its regional strategy. New entities will be added to the job description, and the Accounting Manager is expected to take care of their financial responsibilities/tasks.
  • Improve controls and accounting/reporting.

PERSON SPECIFICATIONS

  • Have the ability, expertise, and demonstrable working experience of closing the month-end financial reporting cycle.
  • Hold an accounting degree and professional certifications (ACCA, CIMA, ICAEW, CPA, or equivalent preferred) with a minimum of 5 years' experience in financial management, monthly closing, annual audits, and finalization of financial statements.
  • Have experience in monthly financial reporting (for Group consolidation and for local management).
  • Have experience in finalizing annual tax returns.
  • Have experience in using ERP system.

This job requires an awareness of any potential compliance risks and a commitment to act with integrity, as the foundation for the Company's success, reputation and sustainable growth.

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