Accountant, General Ledger

ArcelorMittal Tubular Products Al-Jubail; Al Jubayl; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading manufacturing company in Saudi Arabia is seeking a General Ledger Accountant to manage ledger accounts, perform reconciliations, and support financial closes. The role requires a Bachelor's degree in finance or accounting and a minimum of 1 year of relevant work experience. The candidate will collaborate with other departments to ensure compliance and maintain accurate financial information. Key skills include regulatory compliance, MS Excel, and SAP. This position offers a dynamic work environment with opportunities for professional growth.

Qualifications

• Bachelor's degree in finance, accounting, or a related field.
• Minimum 1 year of relevant work experience in financial reporting and accounting or related field.

Responsibilities

• Manage ledger accounts, prepare journal entries, and perform reconciliations.
• Prepare weekly bank reconciliation for review with Chief Accountant.
• Support internal and external audits by providing documentation.

Skills

Regulatory compliance

Presentation Skills

MS Excel

SAP

Communication Skills

Education

Bachelor's degree in finance, accounting, or a related field

Tools

SAP

Job description

Overview

The General Ledger Accountant is responsible for managing ledger accounts, preparing journal entries, performing reconciliations, and supporting financial closes. They ensure compliance, resolve discrepancies, and collaborate with other departments to maintain accurate financial information.

Roles and Responsibilities

1. Daily management of accounting operations (but not limited to):
   • Maintaining general ledgers and ensuring accurate financial records.
   • Assist in the month-end and year-end closing processes, ensuring timely and accurate financial reporting.
2. Weekly bank reconciliation preparation for review with Chief Accountant:
   • Coordinate with relevant functions for resolution of reconciling items.
   • Suggest permanent solutions to recurring issues in bank reconciliation process.
3. Support internal and external audits, providing necessary documentation and explanations for review.
4. Facilitate the supply of information to any auditor/attorney and other third party for legal, compliance and audit matters.
5. Collaborating with other functions to ensure full support in business decision making.
6. Ensure timely and accurate information is provided for IKTVA.
7. Assist in the development and implementation of financial policies, procedures, and controls.
8. Staying updated on accounting regulations and best practices, helps maintain compliance with relevant standards.
9. Assist in periodic reconciliation of all clearing nature accounts including (but not limited to):
   • GR/IR clearing accounts.
   • PS settlement and capitalization.
   • Employee advances clearing accounts.
   • Supplier advances clearing accounts.
   • Petty cash clearing accounts.
   • Manpower clearing.
   • Salary payable clearing account.
   • VAT and other related clearing accounts.
   • Any other account of clearing nature.
10. Assist in reconciliation of intercompany balances.
11. Assist Chief Accountant in effectively applying applicable IFRS for accounting matters and highlight any past or prospective deviation/non-compliance. Further, suggest solutions necessary for compliance. Including but not limited to:

• Leases accounting.
• Property, Plant and Equipment.
• Intangible Assets.

Participate in improvement of ERP system by identifying inefficiencies and ineffectiveness and engaging support team to resolve these issues.

Assist Chief Accountant to ensure the financial statements presented by the reporting team represent appropriately all necessary GLs accounts and Cost centers under appropriate financial statement lines and notes.

Ensure thorough review of all general ledger accounts and have complete command over the nature and functioning of all general ledger accounts.

Any other responsibility that may be assigned as per business requirements or any other item that generally relates to the role.

Qualification and Education

Bachelor's degree in finance, accounting, or a related field.

Experience

Minimum 1 year of relevant work experience in financial reporting and accounting or related field.

Skills

Regulatory compliance, Presentation Skills, MS Excel, SAP, Communication Skills.