Accounting Officer - KSA

Handle full spectrum of financial operations for KSA legal entity: accounts receivable & credit control (primary responsibility) with multi-skill support as and when required to accounts payable, expenses, treasury/bank operations, VAT reporting. To ensure timely collections, closing of accounts and related reconciliations, following proper internal controls and adherence to statutory and legal requirements and to internal policies & procedures. Readiness to specialize in AR / Credit Control as required.

1. Maintaining Customer Account/Accounts receivable and related records: customer ledger management and SOA reconciliation (incl. Intercompany), regular booking of customer collections, customer master data management, supporting analysis.
2. Credit Control and Ageing analysis in line with Credit Policy and in close partnership with the sales & CS team (maintaining group credit policy, assessing/addressing customer credit risks).
3. Maintaining Supplier Accounts /Accounts Payable and related records: vendor ledger management and SOA reconciliation (incl. Intercompany), booking of supplier invoices & payments, supporting analysis as required.
4. Operational Treasury support including preparation and execution of all payments from bank and bank reconciliations (incl. petty cash), servicing bank funding/debt, maintaining loan documentation and adherence to bank covenants.
5. Trade Treasury support including preparation of Letters of Credit (In-/Out-bound), CAD, Avalized Bills & other guarantees and documentary credit, maintaining of financial records for these transactions.
6. Supporting Group Finance Manager in Internal & External Audit Activities.
7. Internal Service Provider to dependent departments (Sales, CS, supply chain, admin functions, production) providing data and analytical support where required.
8. Invoicing, collections, controlling and reconciliation of accounts receivable; weekly & monthly reporting, VAT, WHT, CT accounting for KSA, employee expenses administration.
9. Comply with all HR & Electra Group policies and procedures.

Requirements

1. Bachelor Degree in Finance & Accounting.
2. Part- /fully- qualified Chartered Accounting or Management accounting certifications (CA, ACCA, ACMA, CMA or equivalent) - Advantageous.
3. 3+ years of accounting operations experience in the AP, AR or Treasury function of a small to mid-size organization.
4. Excellent Accounting & internal control awareness and data processing skills.
5. ERP functional experience (Navision, MS Dynamics, SAP, etc.).
6. Proficiency in English is required, while knowledge of Arabic is considered advantageous.

General Obligations towards Health, Safety and Environment:

1. You will correctly use machinery, appliances, tools, transport, and all equipment issued by the company.
2. You will correctly use personal protective equipment supplied by the company.
3. You will not remove any safety devices for any machinery or installations.
4. You will perform all tasks set forth by safety and environmental regulations and thus cooperate with Electra to ensure a working environment and condition that do not pose any risks in terms of health, safety and environment to others.

Benefits

1. Electra is an equal opportunity company who thrive on its diversity.
2. Competitive Salary.
3. Medical Insurance.
4. Merit Bonus.
5. Learning & Development Opportunities.