Accountant Required in Saudi Arabia

The Accountant is responsible for managing the financial records of the organization, ensuring accuracy, compliance, and timely reporting. This role involves preparing financial statements, analyzing financial data, and supporting the company’s financial planning and budgeting processes. The Accountant plays a key role in maintaining the integrity of the organization’s financial information, ensuring compliance with accounting standards, and providing insights that aid in decision-making.

Salary	Market Competitive
Experience	2 – 5 years
Location	Saudi Arabia
Qualification	Bachelor Degree
Posted	15 November 2024
Job Type	Full Time
Posted by	Habeebi Recruiter
last date to apply	apply within 15 day

Key Responsibilities

1. Financial Record Keeping and Reporting

• Maintain accurate and up-to-date financial records, including general ledgers, accounts payable, accounts receivable, and payroll records.
• Prepare and review financial statements such as balance sheets, income statements, and cash flow statements, ensuring they are accurate and comply with accounting standards.
• Assist in the preparation of monthly, quarterly, and annual financial reports for management review.
• Perform reconciliations of bank statements, credit card statements, and other financial accounts to ensure consistency and accuracy.

2. Accounts Payable and Receivable Management

• Monitor accounts payable and ensure that all invoices are processed, verified, and paid on time, while adhering to company policies.
• Manage accounts receivable by issuing invoices, tracking payments, and following up on overdue accounts.
• Maintain accurate records of customer and supplier transactions, ensuring proper documentation is kept for auditing purposes.
• Collaborate with the finance team to resolve any discrepancies or issues related to payments and receipts.

3. Budgeting and Financial Analysis

• Assist in the preparation of annual budgets and financial forecasts, providing detailed analysis and insights to support decision-making.
• Monitor actual financial performance against budgeted figures, identifying variances and providing explanations for significant differences.
• Conduct financial analysis to identify trends, opportunities for cost savings, and areas for improving profitability.
• Support management in making informed financial decisions by providing detailed analysis and recommendations.

4. Tax Compliance and Reporting

• Prepare and file tax returns, ensuring compliance with local, state, and federal regulations.
• Maintain accurate records for tax purposes, including receipts, expense reports, and other relevant documents.
• Stay up-to-date with changes in tax laws and regulations, advising management on potential impacts and necessary adjustments.
• Coordinate with external auditors and tax advisors to ensure accurate and timely completion of audits and tax filings.

5. Internal Controls and Process Improvement

• Implement and maintain internal controls to safeguard the company’s financial assets and ensure accurate reporting.
• Review existing accounting processes and procedures, identifying areas for improvement and implementing best practices.
• Assist in the development and documentation of new policies and procedures to enhance financial accuracy and operational efficiency.
• Collaborate with other departments to streamline financial processes and support the overall business strategy.

Qualifications and Skills

• Bachelor’s degree in Accounting, Finance, or a related field.
• Proven experience as an Accountant or in a similar role, with a strong understanding of accounting principles and financial reporting.
• Proficiency in accounting software (e.g., QuickBooks, SAP, or Microsoft Dynamics) and Microsoft Office Suite, particularly Excel.
• Strong analytical skills and attention to detail, with the ability to identify and resolve discrepancies.
• Excellent organizational and time-management skills, with the ability to manage multiple tasks and meet deadlines.
• Good communication skills, with the ability to explain complex financial information clearly to non-financial stakeholders.
• Familiarity with tax regulations and compliance requirements.

Additional Requirements

• Professional certifications such as Certified Public Accountant (CPA), Chartered Accountant (CA), or Certified Management Accountant (CMA) are a plus.
• Experience with financial analysis, forecasting, and budgeting is highly desirable.
• A proactive approach to problem-solving, with the ability to work independently and as part of a team.
• Willingness to stay current with industry trends, accounting standards, and best practices.

This role offers an excellent opportunity for a detail-oriented Accountant to contribute to the financial health of the organization. The ideal candidate will have a strong background in accounting, a commitment to accuracy, and a proactive approach to improving financial processes.

How to apply:

Send your updated resume to our email:

Email:   info@ipower.sa