Accounting Supervisor (Saudi Only)

Solution Leaders Fayez Engineering; Al Khobar; On-site; SAR 120,000 - 150,000; Full time

Job summary

A leading engineering solutions provider in Al Khobar is looking for an experienced Accounting Supervisor. This role involves managing financial reporting, tax compliance, and audits. Candidates should have a Bachelor's degree in Accounting and at least 7 years of experience, along with excellent communication and leadership skills. Join the team to contribute to effective financial management and compliance in a dynamic environment.

Qualifications

• At least 7 years of significant experience.
• Membership in a recognized professional association (CPA/CA/CMA desirable).
• Intermediate understanding of applicable legislation and accounting standards.

Responsibilities

• Responsible for general ledger and financial statements.
• Oversees all banking matters and manages time deposits.
• Plans and conducts monthly VAT returns.

Skills

Financial reporting

Tax compliance

Auditing

Leadership

Communication

Education

Bachelor's degree in Accounting/Commerce/Finance

Tools

Microsoft Office Suite

ERP systems

Job description

Accounting Supervisor

Responsibilities:

FUNCTIONAL RESPONSIBILITIES

General Accounting and Financial Reporting

• Responsible for general ledger and financial statements.
• and ensures financial statements are prepared on time.
• Oversees the balance sheet schedules and reconciliations.
• Ensures all accounting transactions are fully compliant with internal controls, IFRS and SOCPA standards.
• Prepares timely and accurate preparation of financial statements, financial reporting pack, balance sheet schedules, and all other regular reports.
• Prepares ad hoc reports pertaining to your areas of responsibility and other requests.

Cash Management

• Oversees all all-banking matters (LC, LG, confirmations, authority changes & other requests).
• Manages time deposits efficiently.
• Ensures monthly bank reconciliations are performed on time.
• Ensures petty cash scheduled counts and surprise counts are conducted.

Tax

• Plans and conducts monthly VAT returns.
• Files for monthly and annual WHT returns.
• Prepares quarterly acceleration tax returns.
• Plays a lead role in zakat and tax audits.

Audits and Others

• Assists in internal audit requirements.
• Plays a lead role in financial audits.
• Plays a lead role in VAT audits and final tax assessments.
• Oversees AP and AR functions and ensure all tasks are completed properly.
• Communicates and promotes the company’s vision with respect to HSE standards, behaviors, and performance.
• Acts as back up during the absence of team members or during peak periods.
• Undertakes any other duties, accountabilities, and responsibilities, as directed.

AUTHORITY/LEADERSHIP RESPONSIBILITIES

• Provides technical guidance to co-workers.
• Supervises work of subordinates within a small work unit.
• Accountable for unit deliverables.

Requirements:

• BS Accounting/Commerce/Finance and at least 7 years significant experience.
• Membership in a recognized professional association e.g., CPA/CA/CMA is desirable.
• Experience in providing financial, commercial, performance management and/or strategic planning support to a mid-size organization.
• Intermediate understanding of accounting and finance and knowledge of reciprocal effects of the work upon other disciplines/ fields.
• Intermediate understanding of applicable company and GAZT legislation and regulations and IFRS and GAAP accounting standards.
• Intermediate Microsoft office suite skills and exposure to financial, budgeting and planning ERP systems.
• Proven ability to communicate complex financial information in a concise, non-technical manner, think creatively, strategically and act tactically.
• High standards of accuracy and precision with excellent organizational and presentation skills.
• Proven ability to roll-up sleeves and work with team members in a hands-on management capacity.
• Strong commercial awareness and business acumen.
• Articulate with excellent verbal and written communication skills.