Accounting Officer - KSA

Job Title: Financial Operations Specialist

Responsibilities

• 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. 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.
• 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.
• 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).
• 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.
• 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.
• Trade Treasury support including preparation of Letters of Credit (In-/Out-bound), CAD, Avalized Bills & other guarantees and documentary credit, maintaining financial records for these transactions.
• Supporting Group Finance Manager in Internal & External Audit Activities.
• Internal Service Provider to dependent departments (Sales, CS, supply chain, admin functions, production) providing data and analytical support where required.
• Invoicing, collections, controlling and reconciliation of accounts receivable; weekly & monthly reporting, VAT, WHT, CT accounting for KSA, employee expenses administration.
• Comply with all HR & Electra Group policies and procedures.

Requirements

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

General Obligations towards Health, Safety and Environment

• You will correctly use machinery, appliances, tools, transport, and all equipment issued by the company.
• You will correctly use personal protective equipment supplied by the company.
• You will not remove any safety devices for any machinery or installations.
• 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

• Electra is an equal opportunity company who thrive on its diversity.
• Competitive Salary.
• Medical Insurance.
• Merit Bonus.
• Learning & Development Opportunities.