1- Financial Reporting:
– Prepare and analyze financial statements, including balance sheets, income statements, and cash flow statements
– Ensure timely and accurate financial reporting, adhering to relevant accounting standards and regulations
2- Budgeting and Forecasting:
– Collaborate with management to develop annual budgets and financial forecasts
– Monitor budget performance and provide variance analysis to identify areas of concern or improvement
3- General Ledger Management:
– Oversee the maintenance of the general ledger and ensure the accuracy of all financial transactions
– Review journal entries and account reconciliations to guarantee the integrity of financial data
4- Accounts Payable and Receivable:
– Supervise accounts payable and accounts receivable processes, ensuring timely and accurate processing of invoices and payments
– Monitor outstanding receivables and coordinate collections efforts as necessary
5- Cost Accounting:
– Implement and maintain a cost accounting system to accurately track manufacturing costs and product profitability
– Analyze cost data to identify cost-saving opportunities and improve operational efficiency
6- Internal Controls and Compliance:
– Establish and enforce internal controls to safeguard company assets and prevent fraudulent activities
– Ensure compliance with relevant accounting principles, tax regulations, and financial reporting standards
7- Financial Analysis and Decision Support:
– Provide financial analysis and insights to support strategic decision-making by management
– Assess the financial impact of potential investments, projects, or operational changes
8- Team Management:
– Supervise and lead the accounting team, providing guidance and support to foster their professional development
– Conduct performance evaluations and ensure the team’s productivity and effectiveness
9- Audit Coordination:
– Collaborate with external auditors during the annual audit process and respond to audit inquiries
– Implement recommendations from auditors to enhance financial controls and reporting
– Check banks’ reconciliations periodically
– Audit tax calculations periodically prior to payments and reporting
10- ERP Systems and Process Improvement:
– Utilize and optimize the company’s Enterprise Resource Planning (ERP) system for efficient financial operations
– Identify process improvement opportunities to streamline accounting workflows and enhance accuracy
Requirements :
-The candidate should have experience in Saudi Arabia for at least 3 years
Accounting ERP and proficiency in excel and reporting
Age : 40 to 45
BS Accounting & Finance or equivalent
Years of experience :12 +
Salary :34000 SAR to 37500 SAR + 2 tickets per year + basic insurance