Hyrd Consulting
Role :Senior Accountant
Location: Riyadh, Saudi
Only Saudi Nationalities
Key Responsibilities:
The accountant will work directly with the Finance Manager (FM) and assist him in the following roles:
Accounting Role:
Post and process journal entries to ensure all business transactions are recorded for all the entities and update financial data in software to ensure that information will be accurate and immediately available when needed.
Processing of balance sheets, income statements and other financial statements according to International Financial Reporting Standards (IFRS).
Independently preparing the consolidated financial statements (4 entities) on a monthly basis with the WD5 deadline.
Reconciles financial discrepancies by collecting and analyzing account information.
Accounts Payable Role:
Update accounts payable and performs reconciliations at least twice a month.
Keeping track of all payments and expenditures, including payroll, purchase orders, invoices, statements, etc.
Reconciling processed work by verifying entries and comparing AP ledger reports to balances.
Paying vendors by scheduling transfers (at least monthly payment run) and responding to all vendor enquiries regarding finance.
VAT Compliance:
Preparation, validation and submission of monthly and quarterly VAT returns for the UAE/KSA entities.
Handle VAT reporting (payables and receivables). Ensure collections and payments are done in line with UAE/KSA regulations.
Prepare and manage all documents in line with VAT regulations and other related activities.
Strategic Role:
Assisting FM in building budgets & forecasts and supporting in preparing actual vs budget variance analysis report
Assisting FM in maintaining sufficient and appropriate supporting documents for the audit and external reviews
Assisting FM in preparing the cashflow forecast on a monthly basis
Assisting FM in tracking portfolio companies performance
Liaising with banks to address any account issues and queries.
Create ad-hoc reports for various business needs
Minimum Requirements:
A degree in Accounting or Finance, or/and a professional certificate (CPA/ACCA/CA, etc.)
At least +3 years of relevant work experience in the accounting/auditing field
Proficiency in Arabic & English language
Highly proficient in MS excel (example: Pivot Table, Data Validation, What-if Analysis, etc.)
Exceptional work ethic, character, and integrity
Highly organized, with attention to details
Willingness and eagerness to learn and grow