Accountant

COLORS Co.; Jeddah; On-site; SAR 60,000 - 80,000; Full time

Job summary

A leading paint company in Saudi Arabia is seeking an experienced Accountant to manage financial records and ensure compliance with local regulations. The role involves preparing financial statements, submitting VAT reports as per ZATCA requirements, and collaborating with various departments to maintain accurate financial data. The ideal candidate should have a Bachelor's degree in Accounting or Finance and at least 2 years of experience in accounting. This is a great opportunity to join a dynamic team focused on quality and customer service.

Qualifications

• 2+ years of relevant accounting experience.
• Experience in VAT compliance, reporting, and documentation.
• Strong knowledge of ZATCA regulations.

Responsibilities

• Manage and maintain financial records ensuring accuracy.
• Prepare and submit VAT reports in compliance with ZATCA.
• Collaborate with departments for accurate financial data.

Skills

Analytical skills

Organizational skills

Communication skills

Education

Bachelor’s degree in Accounting, Finance, or related field

Job description

Company Description

Colors Company for Paints is committed to being a trusted and reliable partner in the automotive refinishing industry. We operate with a "one-stop-shop" philosophy, providing integrated, customized, best-in-class products and quality customer service. Our focus is on long-term business success through the distribution of premium products and services. We prioritize our customers' needs, differentiate ourselves through excellent customer service, and strive to develop long-term partnerships with our customers and suppliers. We also prioritize employee motivation, environmental sustainability, and continuous improvement.

Job Summary

The Accountant is responsible for managing and maintaining the financial records of the organization, ensuring accuracy and compliance with applicable laws and regulations. The role includes preparing financial statements, reconciling accounts, monitoring transactions, and supporting budgeting and financial reporting processes. The Accountant works closely with management to provide financial insights and ensure effective financial control.

Key Responsibilities

• Perform daily accounting-related tasks in the accounting software.
• Prepare and submit VAT reports in compliance with ZATCA requirements.
• Ensure full compliance with ZATCA tax regulations and requirements.
• Maintain accurate financial records and accounting entries.
• Support audits and respond to ZATCA inquiries when required.
• Assist in monthly and yearly financial closing.
• Follow up on customer collections to ensure timely receipt of payments and maintain the company’s liquidity.
• Collaborate with other departments, such as Procurement and Sales, to ensure the accuracy of financial data and its alignment with operational activities.
• articipate in developing and improving internal financial procedures and policies to enhance efficiency and effectiveness
• Ensure compliance with local and international financial laws and regulations in all financial operations.
• Monitor financial transactions to ensure compliance with Colors Company policies and internal procedures.

Job Qualifications and Skills

• Bachelor’s degree in Accounting, Finance, or a related field.
• Experience in VAT compliance, reporting, and documentation.
• Strong analytical, organizational, and communication skills.
• Strong knowledge of ZATCA regulations and requirements.
• Minimum of 2 years of relevant accounting experience.