An Accountant is responsible for managing financial transactions, ensuring accuracy, and maintaining the financial health of the organization. This role involves preparing financial reports, reconciling accounts, ensuring compliance with financial regulations, and supporting budgeting and forecasting processes. Accountants play a critical role in providing insights into financial performance, enabling effective decision-making and ensuring efficient use of resources.
| Salary | Market Competitive |
| Experience | 2 – 5 years |
| Location | Saudi Arabia |
| Qualification | Bachelor’s degree |
| Posted | 23 November 2024 |
| Job Type | Full-Time |
| Posted by | Habeebi Recruiter |
| last date to apply | apply within 15 day |
Key Responsibilities
- Financial Record Keeping
- Maintain accurate and up-to-date records of all financial transactions.
- Prepare journal entries, reconcile accounts, and manage the general ledger.
- Ensure all financial data is recorded in compliance with applicable accounting standards.
- Financial Reporting
- Prepare monthly, quarterly, and annual financial statements, including balance sheets, income statements, and cash flow statements.
- Generate reports to assist management in understanding the organization’s financial position.
- Ensure financial statements comply with local regulations and international accounting standards.
- Budgeting and Forecasting
- Assist in the development and monitoring of budgets.
- Analyze financial performance against forecasts and provide variance analysis.
- Support management with data and recommendations for improving financial planning.
- Tax Compliance and Reporting
- Prepare and file tax returns in accordance with local laws and regulations.
- Calculate and remit VAT, payroll taxes, and other statutory payments.
- Stay updated on changes in tax laws to ensure compliance and optimize tax strategies.
- Internal Controls and Auditing
- Implement and monitor internal controls to safeguard company assets and prevent fraud.
- Support internal and external audits by providing necessary documentation and explanations.
- Identify process improvements and recommend best practices for financial efficiency.
- Accounts Payable and Receivable Management
- Manage accounts payable, ensuring timely payments to vendors and suppliers.
- Oversee accounts receivable, including invoicing, collections, and maintaining client records.
- Reconcile bank statements and resolve discrepancies promptly.
Qualifications and Skills
- Bachelor’s degree in Accounting, Finance, or a related field (CPA or equivalent certification is preferred).
- Proven experience as an accountant or in a similar financial role.
- Strong knowledge of accounting principles, standards, and regulations.
- Proficiency in accounting software (e.g., QuickBooks, SAP) and advanced MS Excel skills.
- Excellent analytical, problem-solving, and organizational abilities.
- Attention to detail and a high level of accuracy.
- Strong communication and interpersonal skills.
Career Opportunity
The role of an Accountant offers a pathway to a rewarding career in finance. This position provides exposure to diverse financial responsibilities, including reporting, compliance, and strategic planning. Accountants play a vital role in shaping an organization’s financial success and have opportunities for growth into senior financial management roles.
How to apply:
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