Maintain accurate and up-to-date accounting records, including journal entries, ledgers, and trial balances using Odoo.
Ensure all transactions are properly recorded in compliance with Saudi GAAP (Generally Accepted Accounting Principles) and IFRS (International Financial Reporting Standards), where applicable.
Accounts Payable and Receivable:
Process vendor invoices and ensure timely payments.
Monitor customer accounts and follow up on overdue payments.
Reconcile accounts payable and receivable to ensure balances match with Odoo system.
General Ledger:
Perform monthly and year-end closing of the general ledger.
Prepare and post journal entries to the general ledger.
Review and reconcile general ledger accounts regularly to ensure accuracy.
Financial Reporting:
Prepare monthly, quarterly, and annual financial statements (Balance Sheet, Income Statement, and Cash Flow Statement).
Assist in budget preparation and cost control analysis.
Ensure timely and accurate reporting of financial data to management.
Bank Reconciliation:
Reconcile company bank accounts regularly to ensure accuracy of the bank balances.
Investigate discrepancies and resolve any issues in a timely manner.
Tax Compliance:
Ensure compliance with Saudi tax laws, including VAT and Zakat.
Prepare VAT reports and support in the preparation of Zakat filings.
Maintain records of tax-related documents and ensure timely submission to the Saudi tax authorities.
Audit Support:
Provide necessary documentation and reports for internal and external audits.
Assist in the preparation of audit schedules and work with auditors to resolve any issues.
Cash Flow Management:
Monitor company cash flow and assist in forecasting.
Assist in managing day-to-day financial operations, ensuring liquidity.
Process Improvement:
Continuously review and improve accounting processes and controls.
Suggest improvements in accounting practices and procedures, particularly in the use of Odoo software.
Odoo System Utilization:
Use Odoo for managing accounting functions like invoicing, payments, and reporting.
Ensure proper configuration of the Odoo system to support accounting needs and provide necessary training to junior staff.
Collaborate with the IT department to troubleshoot and optimize the use of Odoo's financial modules.
Requirements Educational Qualifications:
Bachelor's degree in Accounting, Finance, or related field.
Additional certifications (e.g., CPA, CMA, ACCA) are a plus.
Experience:
Minimum of 2-3 years and maximum 5-6 years of experience as an accountant, preferably within Saudi Arabia or the GCC region.
Strong hands-on experience with Odoo Accounting modules (or similar ERP systems).
In-depth understanding of Saudi accounting regulations, including VAT, Zakat, and tax filing requirements.
