Bayt.com
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Full Time Employee · 5-15 Years of Experience
500 Employees or more · Automotive Dealership & Distributor

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Job Description

Responsibilities

  • Process and record daily transactions, ensuring accuracy and timeliness.
  • Assist in the month-end and year-end closing processes, including account reconciliations and adjusting journal entries.
  • Prepare and review financial statements to ensure they reflect the company's financial position accurately.
  • Process and review employee expense reports, invoices, and vendor payments to ensure compliance with company policies.
  • Manage Account receivable and cash Reconciliations.
  • Manage Accounts payable and maintain vendor relationships.
  • Support internal and external audits by providing necessary documentation and explanations.
  • Generate reports and provide financial insights to aid decision-making in line with Company’s objectives.
  • Assist in analyzing trends in expenses and revenue, identifying areas for cost savings and revenue improvement.
  • Develop and implement financial policies, procedures, and controls to ensure accuracy and compliance
  • Monitor and analyze financial data to identify variances and recommend solutions for improvement
  • Mentor and supervise accounting staff, providing guidance and training as needed
  • Keep up-to-date with industry trends, regulations, and best practices to ensure compliance and inform decision-making
  • Collaborate with the finance team to provide data for budgeting and forecasting activities.
  • Coordinate and lead the annual budgeting process
  • Monitor budget variances and report discrepancies to the Accounting & Finance Manager.


Requirements

  • Bachelor's degree in accounting, Finance, or related field; CPA designation preferred
  • Minimum of 7 years of experience in a senior accounting role, preferably in the agricultural industry
  • Strong knowledge of accounting principles and regulations, including GAAP
  • Proficient in accounting software and MS Office Suite, with advanced Excel skills
  • Excellent analytical, problem-solving, and communication skills
  • Strong leadership and team management abilities
  • High level of attention to detail and accuracy
  • Ability to work independently and handle multiple tasks in a fast-paced environment
  • Knowledge of SAP system

 

Skills

  • Bachelor's degree holder with a proven track record of academic or work experience in the Finance sector.
  • Expertise in handling financial activities by implementing the latest management and cost reduction trends.
  • Proven command of negotiation skills to build long-lasting partnerships with clients.
  • Strong attention to detail and good analytical skills.
  • Presenting an in-depth analysis of the company's financial statements through concise reports.
  • Qualified Microsoft Suite professional with a proven track record of implementing technology in financial tasks.

Preferred Candidate

Years of Experience
Min: 5 Max: 15
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Universal Motors Agencies logo
Universal Motors Agencies
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Universal Motors Agencies (UMA) is one the oldest and most prestigious General Motors dealerships in the whole of the Middle East. As an appointed distributor of GM cars in the Eastern, Central, Western & Southern Province of the Kingdom, our mission is to maximize the satisfaction of every customer. Our customers will be served in the manner they have come to expect from GM dealers worldwide. UMA has adopted GM global retail standards and benchmarks and implemented new processes, which focus on the needs of our customers by: Exceeding their expectations in every aspect of sales and after-sales services without exception. Setting the standards of excellence for car dealerships throughout the region. Focusing on customer's experience to make it as enjoyable and satisfying as possible. In over fifteen (15) years this company has expanded exuberantly having twenty four (24) branches in all over the Kingdom with a strength of 2200 employees whereas it had only five (5) branches with 450 employees on its inception in early 1997. Today, UMA enjoys a name in the market by virtue of its constant struggle to up-keep GM standards in all its discipline of business and hence now has a place as second to none as a GM Dealer.

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