Accountant Required in Saudi Arabia

The Accountant is responsible for managing financial records, preparing reports, and ensuring compliance with relevant laws and regulations. This role plays a critical part in maintaining the financial health of the organization by handling tasks such as budgeting, forecasting, financial analysis, and managing accounts. Accountants work closely with other departments to ensure that financial transactions are accurate, timely, and aligned with company policies.

Responsibilities

Financial Recordkeeping and Reporting

• Maintain accurate and up-to-date financial records for the organization, including accounts payable, accounts receivable, and general ledger entries.
• Prepare financial statements, such as balance sheets, income statements, and cash flow statements, to provide a clear picture of the company’s financial position.
• Ensure all financial transactions are recorded in accordance with accounting principles and regulatory requirements.
• Assist in the preparation of year-end financial reports and facilitate external audits.

Budgeting and Financial Planning

• Work with management to develop annual budgets, monitoring expenditures to ensure alignment with the company’s financial objectives.
• Conduct financial analysis to identify trends, variances, and potential areas for improvement in financial performance.
• Provide recommendations to improve financial efficiency and profitability based on budget performance.

Tax Compliance and Documentation

• Prepare and submit tax returns, ensuring compliance with local, state, and federal tax regulations.
• Keep up-to-date with tax laws and regulations to ensure the organization is in compliance.
• Coordinate with external auditors and tax consultants to ensure accurate tax filings and timely submissions.

Accounts Management

• Manage accounts payable and receivable, ensuring timely payment of invoices and proper collection of receivables.
• Reconcile bank statements and resolve discrepancies between accounts.
• Monitor and manage cash flow to ensure the organization has adequate liquidity for operations.

Internal Controls and Compliance

• Develop and enforce internal controls to ensure the accuracy and security of financial information.
• Ensure compliance with company policies and procedures as well as regulatory requirements.
• Assist in reviewing financial systems and procedures, recommending improvements to enhance efficiency and reduce risk.

Qualifications

• 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.
• Proficiency in accounting software and Microsoft Office Suite (Excel, Word).
• Knowledge of tax laws and financial regulations.
• Strong attention to detail, analytical skills, and the ability to work under pressure to meet deadlines.
• Excellent communication skills, both written and verbal.

The Accountant role is ideal for individuals who are detail-oriented, methodical, and have a strong understanding of financial management. This position offers an opportunity to play a crucial role in the company’s financial health, providing the foundation for sound decision-making and long-term success.

How to apply:

Send your updated resume to our email or directly reach us at our phone:

Email:  career@othaim.sa 

Phone:  +966 530619582