An Accountant is responsible for managing financial records, ensuring compliance with regulations, and providing financial insights that guide decision-making within an organization. This role involves a wide range of accounting activities, from preparing financial statements to managing budgets and ensuring tax compliance. The Accountant works closely with the finance team, auditors, and management to ensure the financial health and integrity of the company.
| Salary | Market Competitive |
| Experience | 2 – 3 years |
| Location | Saudi Arabia |
| Qualification | Bachelor’s degree |
| Posted | 18 September 2024 |
| Job Type | Full Time |
| Posted by | Habeebi Recruiter |
| last date to apply | apply within 15 days |
Key Responsibilities:
- Financial Record Keeping: One of the primary responsibilities of an Accountant is to maintain accurate and up-to-date financial records. This includes recording transactions, reconciling bank statements, and managing ledgers. The Accountant ensures that all financial data is correctly recorded and organized, allowing for seamless audits and financial reviews.
- Preparation of Financial Statements: The Accountant is responsible for preparing key financial statements such as the income statement, balance sheet, and cash flow statement. These documents provide a clear view of the company’s financial position and are essential for decision-making by management and stakeholders. Accountants ensure that financial reports comply with accounting standards and are delivered on time.
- Budgeting and Forecasting: Accountants play a crucial role in the budgeting and forecasting process. They work with management to develop realistic budgets, track financial performance, and make adjustments as necessary. By analyzing financial data and trends, Accountants provide forecasts that help guide the company’s future financial planning and resource allocation.
- Tax Compliance and Reporting: Ensuring compliance with tax regulations is another key responsibility of an Accountant. This includes preparing and filing tax returns, calculating tax liabilities, and ensuring that the company meets its tax obligations on time. The Accountant stays updated on changes in tax laws and regulations to avoid penalties and optimize the company’s tax strategy.
- Accounts Payable and Receivable Management: Accountants manage both the accounts payable and accounts receivable processes. They ensure that the company pays its bills on time and that outstanding invoices are collected promptly. This includes maintaining records of all payments, managing vendor relationships, and overseeing the collections process to improve cash flow.
- Internal Audits and Controls: To ensure financial accuracy and prevent fraud, Accountants implement and oversee internal controls. They conduct regular audits of financial processes, identify areas for improvement, and ensure that all financial operations comply with the company’s policies and industry standards. Accountants also assist external auditors during annual audits by providing the necessary documentation and explanations.
- Financial Analysis and Reporting: Accountants provide in-depth financial analysis to help management make informed decisions. This may include analyzing cost structures, evaluating financial risks, and identifying areas where the company can improve efficiency or reduce expenses. Accountants prepare detailed financial reports and present them to management, highlighting key insights and recommendations.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or a related field.
- Professional certification such as CPA (Certified Public Accountant) or ACCA is preferred.
- Strong understanding of accounting principles, tax laws, and regulations.
- Proficiency in accounting software such as QuickBooks, SAP, or similar tools.
- Excellent analytical and problem-solving skills.
- Attention to detail and ability to meet deadlines.
The Accountant plays a vital role in ensuring the financial stability and compliance of an organization, contributing to its long-term growth and success.
How to apply:
Send your updated resume to our email or directly reach us at our phone:
Email: info@fudaenergy.com
Telephone: +971 4 4537704