Senior Accountant

Gulf Business Solutions (GBS) is the leading information and technology solutions provider in the kingdom of Saudi Arabia. Since we started as a business more than thirty years ago, we have grown to an enterprise supported by over five hundred employees, with a rich portfolio of products and services ranging from printing systems to end-to-end digital transformation solutions. GBS enables organizations and businesses in their journey to a digitalized business environment with cutting edge Information and Technology Solutions. We source and select only the most advanced products and solutions through the many strategic partnership we’ve developed over the years with some of the world’s leading technology companies. GBS represents GCG-Enterprise Solutions and CNS Middle East, operating as an umbrella company for both brands in KSA.

• Responsible for four companies' day-to-day finance and accounts operations in line with Group Accounting Policies, procedures, and approval matrix.
• Responsible for timely monthly standalone & consolidated financial statements and management report preparation.

Handle month-end closing activities and reports. Ensure all transactions are recorded according to accounting policies and procedures and that the book of accounts is properly closed.

• Prepare/Review the period-end journal entries in Oracle GL.
• Review of reconciliations and GL schedules as per the closing calendar
• Create Fixed assets/Depreciation in Oracle.
• Preparation/Review of Financial statements and Management reports as per the monthly closing calendar.
• Preparation of monthly cash flow statements with forecasts.

Prepare/Review supplier invoices/payments and payroll.

• Review of supplier/related party invoice accounting and its payments as and when due
• Checking of payroll and WPS – facilitate the release of salary one day before the scheduled day each month.

Prepare/Review and follow up on Accounts Receivables.

• Prepare the related party Invoices for the shared service cost recharges.
• Reconciliation of balances with related parties and follow-up on AR with associated parties.

Review the VAT return report.

• Prepare/Review the VAT return report on a quarterly basis for the companies due in that month and make the VAT payment before the due date.

Review and record all investment-related transactions in Oracle.

• Review and record all the transactions made by the investment department in Oracle (Buy/Sell/ Contribution/Distribution/Dividends, etc.).
• Reconcile the custody/broker account balances with investment books.

Prepare/Assist/Review the daily/monthly investment reports.

• Prepare the investment report to show the holdings and NAV with growth performance.
• Assisting in budget preparation and schedules.
• Prepare bank reconciliation statements for every month.

Managing external and internal auditors

• Handling external and internal auditors as and when audit start.

• Bachelor’s degree in Finance/Accounting or equivalent professional finance qualification such as ACA, ACCA, CIMA, or equivalent.
• Minimum 5 years of experience.
• Strong knowledge of Oracle ERP systems.

• Proficiency in Microsoft Office Applications, specifically MS Word, & MS Excel.
• Proven ability with complex spreadsheet design and formatting.
• Knowledge of fund accounting or investment accounting packages is an asset.
• Fluency in ERP systems like oracle.