Jobs Accounting/Banking/Finance Jobs in Saudi Arabia in Saudi Arabia
- Responsible for supervising the overall accounting activities (GL, AP, AR, FA, Payroll, Project & Cost Accounting) and provide approvals on their transactions based on Delegated Level of Authority.
- Prepare monthly financial statements, I.S, B.S, and C.F., analyze the same and report variances on actual vs. budget, monthly and up to date. Formulate KPIs and all statutory reports as required by the company, devise a balanced scorecard and perform financial analysis of liquidity, profitability and solvency ratios.
- Prepare the adjusted and pre-adjusted trial balance, compose adjusted entries, mainly deferrals and accruals and poste them to GL related accounts as a preliminary step towards preparing financial statements.
- Review and post sub-ledger entries such as AP and AR, post the payroll entries to GL and reconcile any differences between payroll sub-ledger and GL.
- Devise reconciliation statements for the required balance sheet, P&L items in addition to monitoring and reviewing accounting and related system reports for accuracy and completeness.
- Manage the daily cash and bank transactions and advise the General Manager (CEO) regularly on the liquidity position.
- Formulate monthly bank reconciliation statements Ensure that adequate financial and internal controls are in place for all activities relating to the accounting functions.
- Perform month-end closing process, including review of GL entries, preparing accruals and other closing journals as necessary.
- Close periods after approving all journal entries and open the next one and ensure that the periodic account closing activities are done on a timely and accurate basis.
- Supervise the General Ledger accountant while performing General Ledger activities.
- Supervise the Accounts Payable accountant while performing Account Payable activities.
- Supervise the Account Receivable accountant while performing Account Receivable activities.
- Supervise the Fixed Assets accountant while performing Fixed Assets activities.
- Maintain adequate audit trails to permit tracking a transaction from beginning to completion to allow for the detection and correction of errors that arise.
- Supervise the Payroll accountant while performing the Payroll activities.
- Supervise the Project & Cost accountant while performing the Project & Cost activities.
- Maintain accuracy of work and compliance with the established rules and accounting principles.
- Ensure that all accounting entries are supported with valid documentation.
- Ensure a method of double-entry accounting for recording transactions in the general ledger (each transaction has debits and credits with total debits equal to total credits).
- Provide advice, guidance, direction, and authorization to personnel to carry out their duties consistently with established policies.
- Delegate some responsibilities to appropriate subordinates in order to benefit from smooth running of the section’s operation.
- Work with external auditors throughout the process of preparing the audited financial statements of the Company.
Job Details
| Date Posted: | 2015-07-07 |
| Job Location: | Eastern Province, Saudi Arabia |
| Job Role: | Accounting/Banking/Finance |
| Company Industry: | Information Technology |
| Monthly Salary: | US $4,000 |
Preferred Candidate
| Career Level: | Mid Career |
| Gender: | Male |
| Degree: | Bachelor's degree |
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