Accountant

Al Fares Holding Company; Al Khobar; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading company in building materials in Al Khobar is seeking an experienced Accountant to manage financial records and ensure compliance with regulations. The ideal candidate will possess strong analytical skills and proficiency in accounting software. Responsibilities include preparing financial statements, managing accounts, and supporting tax compliance. This role offers a dynamic environment and requires attention to detail and strong communication skills.

Qualifications

• Proven experience as an Accountant or in a similar financial role.
• Strong knowledge of accounting principles and practices, including GAAP and IFRS.
• Excellent analytical and problem-solving skills with attention to detail.
• Proficiency in accounting software and Microsoft Excel.
• Strong organizational skills to manage multiple tasks and meet deadlines.
• Effective communication skills, both verbal and written.
• Ability to work independently and as part of a team.
• Integrity and professionalism in handling confidential financial information.

Responsibilities

• Prepare and analyze financial statements, ensuring accuracy and compliance.
• Manage accounts payable and receivable processes.
• Conduct monthly reconciliations of general ledger accounts.
• Assist in budget preparation and forecasts.
• Ensure compliance with tax regulations and assist in tax returns.
• Support audits by providing necessary documentation.
• Monitor cash flow and prepare cash flow forecasts.
• Develop and implement accounting policies and procedures.
• Collaborate with other departments for financial insights.
• Stay updated on changes in accounting regulations.

Skills

Financial Reporting

Tax Compliance

Analytical Skills

Accounting Software Proficiency

Attention to Detail

Education

Degree in Accounting, Finance, or related field

Certifications such as CPA or CMA

Tools

QuickBooks

SAP

Job description

We are seeking a detail-oriented and experienced Accountant to join our dynamic team in the hardware and building materials industry. The ideal candidate will be responsible for managing financial records, ensuring compliance with regulations, and providing insightful analysis to support business decisions. This role requires a strong understanding of accounting principles, excellent analytical skills, and the ability to work collaboratively with various departments. As a key member of our finance team, you will play a vital role in maintaining the financial integrity of our organization.

Responsibilities

1. Prepare and analyze financial statements, ensuring accuracy and compliance with accounting standards.
2. Manage accounts payable and receivable processes, ensuring timely payments and collections.
3. Conduct monthly reconciliations of general ledger accounts to maintain accurate financial records.
4. Assist in the preparation of budgets and forecasts, providing insights on financial performance.
5. Ensure compliance with tax regulations and assist in the preparation of tax returns.
6. Support internal and external audits by providing necessary documentation and explanations.
7. Monitor cash flow and prepare cash flow forecasts to ensure liquidity.
8. Develop and implement accounting policies and procedures to enhance efficiency.
9. Collaborate with other departments to provide financial insights that support strategic decision-making.
10. Stay updated on changes in accounting regulations and best practices to ensure compliance.

Preferred Candidate

1. Proven experience as an Accountant or in a similar financial role, preferably within the hardware and building materials sector.
2. Strong knowledge of accounting principles and practices, including GAAP and IFRS.
3. Excellent analytical and problem-solving skills with attention to detail.
4. Proficiency in accounting software and Microsoft Excel for data analysis and reporting.
5. Strong organizational skills with the ability to manage multiple tasks and meet deadlines.
6. Effective communication skills, both verbal and written, to collaborate with team members and stakeholders.
7. Ability to work independently and as part of a team in a fast-paced environment.
8. Integrity and professionalism in handling confidential financial information.
9. Relevant qualifications such as a degree in Accounting, Finance, or a related field.
10. Certifications such as CPA or CMA are a plus.

Skills

• Financial Reporting: The ability to prepare and present accurate financial reports that provide insights into business performance and support strategic decision-making.
• Tax Compliance: Knowledge of tax regulations and the ability to prepare tax returns and ensure compliance with local tax laws.
• Analytical Skills: Strong analytical abilities to interpret financial data, identify trends, and make informed recommendations.
• Accounting Software Proficiency: Familiarity with accounting software (e.g., QuickBooks, SAP) to manage financial transactions and reporting efficiently.
• Attention to Detail: A keen eye for detail to ensure accuracy in financial records and reports, minimizing errors and discrepancies.