Senior Accountant

Responsibilities:

• Maintaining accurate and up to date records of all financial transactions
• Daily payment process initiation and monitoring
• Daily bank reconciliation.
• Prepare and circulate daily bank position.
• Documents daily scanning and archiving in ERP SYSTEM.
• Review monthly payroll file prepared by HR and highlight corrections before positing in ERP SYSTEM and payment processing.
• Month enc losing activities processing including recurring entries run, monthly depreciation run, review manual clearing account and review vendors accounts clearing for monthly closing.
• Prepare monthly detailed justification for all accounts as per company template.
• Close / Open MM and Finance period in ERP SYSTEM.
• Update currencies exchange rate in ERP SYSTEM.
• Preparation of monthly financial reports for Holding, Jeddah branch, Al Sahb and Tayseer Trading.
• Preparation of monthly actual versus budget variance report along with detailed explanation for Holding, Jeddah branch, Al Sahb and Tayseer Trading.
• Oversee cost sheet project wise (like land development or others) and highlight deviation from budgeted figures month wise.
• Follow up yearly valuation services and book identified impairment, if any.
• Be associated to yearly ZAKAT process for Jeddah branch, Al Sahb and Tayseer Trading.
• Ensuring appropriate continuous financial control in compliance with VAT regulation.
• Prepare periodically VAT filling documents and coordinate the same with service provider before submission.
• Advising on the improvement of ERP SYSTEM functionalities including the internal control framework. Add inputs during new ERP SYSTEM functionality design and then test this new functionality before transfer to production.
• Cooperation with external auditors to carry out annual audit activities.
• Highlight continuously any ref flags (list to be agreed with Finance Manager) for detailed investigation, if any.

Requirements:

• Minimum Bachelors degree in accounting
• CPA is preferable
• Four or more years of overall experience including 2 years on Senior Accountant position
• Good knowledge of IFRS
• Ability to work in a multicultural diverse environment and under pressure
• Demonstrated ability to handle confidential information in a sensitive and tactful manner
• Convey a sense of urgency when appropriate and persists in the face of obstacles
• Excellent analytical and problem-solving skills
• Examines information/situation in detail in order to identify key elements and make a recommendation to solve problems
• Get results and adds value
• Good verbal, written and interpersonal communication skills in English
• Solid proficiency with Microsoft Office Applications (Word, Excel, PowerPoint, and Outlook)
• Ability to plan, manage and follow through on assignments and communicate at all levels of the organization in a timely and professional manner
• Ability to work independently and as a member of a team with minimal supervision