Green Contracting Company
Senior Accountant Jobs in Saudi Arabia
The position is responsible for supervision of accounting, administrative and clerical services, specifically pertaining towards maintaining records of financial transactions, payments, invoices, vouchers. statements and income tax accounting and compliance to KSA tax & zakat regulations as well as other financial activities of the company; With the objective to ensure timely and accurate completion of the assigned accounting procedures within the limits of accounting standards and company policies.
Key Responsibility areas & activities
Accounting:
Monitor the preparation of monthly financial statements and annual accounts.
Undertake monthly account planning.
Resolve complex accounting issues and help other members to resolve issues.
Review JVs.
Cash Flow Management:
Managing the financial operations.
Providing periodic bank facilities utilization levels and forecasting scheduled settlements.
Participate in decision making on contractual commitments, collection strategies and fund management.
Monitor cash flow and ensure cash requirements are met.
Review all Petty Cash Vouchers, Overtime summary and maintain record.
Creating and maintaining the company chart of accounts and ensuring the coding system used meets the financial reporting requirements.
Compliance:
Make recommendations to improve accounting procedures on a regular basis.
Monitor team members to ensure adherence to internal control policies and procedures.
Review transactions, records, bank reconciliation records and other important documentation as per authority matrix.
Ensure company’s statutory requirements are met.
Conduct surprise audits of department activities.
Planning & Reporting:
Assist in planning and development of department objectives and policies.
Assist in annual budget preparation.
Coordinate with external auditors in order to plan and manage the annual statutory audit.
Prepare variance analysis report.
Prepare consolidated monthly and annual accounts.
Prepare schedules and provide the required data by the auditors during the course of external audit through coordination with subordinates.
Prepare monthly record of banking and cash flow activities.
Review receivable and payable ageing reports for submission to management.
Tax Accounting:
Prepare, submit and manage tax statements and returns within set deadlines
Ensure timely regulatory filing, tax reconciliations and accounting
Estimate and track tax returns (VAT impact analysis)
Liaising with the General Authority of Zakat and Tax (GAZT) and other regulatory bodies when required
Preparing income tax returns and statements for audits
Assisting in financial planning
Regularly reviewing systems and making updates and improvements where necessary
Identifying areas which can reduce tax
Follow industry trends and track changes related to taxes.
Qualifications, Experience, Knowledge & Skills
Qualifications and Experience:
Bachelor’s degree in accounting. Chartered Accountant or Certified Professional Accountant/CFA
With 6-9 years relevant experience
Job Specific Skills:
Knowledge of applicable rules and regulations i.e. IFRS, taxation, company laws
Knowledge of accounting, budgeting, cost control procedures
Experienced with ERP/automated accounting & finance management
Advanced Level IT Skills
English Language
Competencies:
Leadership & Problem Solving
Communication, Time Management & Interpersonal
Critical Thinking
Team Building
Training & Supervision