Accounts Officer - Ports Services IMI (KSA National only)

DP World; Al Khobar; On-site; SAR 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a skilled finance professional to oversee local accounting and administration. This role involves managing invoicing, supplier payments, and financial reconciliations while ensuring compliance with local tax regulations. You will play a crucial part in preparing budgets, analyzing variances, and supporting audits. Join a dynamic team where your expertise will contribute to the financial integrity of the organization and help drive operational excellence. If you are detail-oriented and passionate about finance, this opportunity is perfect for you.

Qualifications

• Strong accounting skills with experience in managing financial records.
• Ability to perform financial analysis and prepare budgets.

Responsibilities

• Manage local accounting and administration requirements for the finance function.
• Ensure timely closure of monthly accounts and compliance with local taxes.

Skills

Accounting

Financial Analysis

Budgeting

Reconciliation

Tax Compliance

Education

Bachelor's Degree in Finance or Accounting

Tools

Financial Software

Excel

Job description

The job holder will be required to manage the local accounting and administration requirements under the Finance function of the Ports Services entity. The responsibility covers but is not limited to:

• Invoicing of debtors
• Accounting of Supplier Invoices and ensure timely and accurate payments
• Fixed Asset Accounting & Reconciliation
• Maintain, administer and check all transactions (payments & receipts) and record
• Reconciliation of Debtors and Creditors
• Bank reconciliation
• Maintain petty cash for local expenses in KSA
• Ensure timely closure of monthly accounts (Intercompany entries, journal entries)
• Perform general ledger reconciliations for sign off by Sr. Management Accountant
• P&L cost analysis, balance sheet schedules, variance analysis etc.
• Investigating budget variances CAPEX & OPEX
• Assist with the development and maintenance of finance procedures and processes
• Provide Payroll support, reconciliation and administration assistance as and when required
• Ensure integrity of cash ledger balances daily, and perform daily banking activities
• Assist in preparation of accurate company budgets, forecasts and report results to internal and external stakeholders in a timely and consistent manner
• Assist with the maintenance of relevant financial systems and their integrity
• Ensure compliance to local taxes (WHT, CIT, VAT) and prepare monthly Saudi tax compliance report
• Provide assistance to Sr. Management Accountant for internal and external audits, audit requests, and other compliance requirements
• Ensure to get Yearly IKTVA audit reports
• Should be able to provide all necessary details regarding Tax/VAT/WHT assessments
• Quarterly CIF data to be submitted to local tax authority in the required format
• Assist in any Ad Hoc reports initiated by corporate team