Accounts Officer - Ports Services IMI (KSA National only)

DP World Australia; Al Khobar; On-site; SAR 120,000 - 180,000; Full time

Job summary

A leading company in port services is seeking a Finance Manager in Al Khobar, Saudi Arabia. The role entails overseeing accounting operations, ensuring adherence to local tax regulations, and managing financial reporting. This position offers an exciting opportunity to contribute to essential financial functions within a dynamic organization.

Qualifications

• Proven experience in accounting roles with heavy focus on local compliance.
• Strong understanding of VAT, WHT, and CIT regulations.
• Ability to manage multiple financial tasks and deadlines effectively.

Responsibilities

• Manage local accounting and administration requirements under Finance function.
• Ensure timely and accurate payments for supplier invoices and maintain petty cash.
• Assist in preparation of budgets and compliance reports for local taxes.

Skills

Accounting

Financial Analysis

Tax Compliance

Budget Management

Education

Bachelor's degree in Finance or Accounting

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 not limited to : Invoicing of debtors

• Accounting of Supplier Invoices and ensure timely and accurate payments
• Maintain, administer and check all transactions (payments & receipts) and record
• Reconciliation of Debtors and Creditors.
• 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.
• 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 result 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 of internal and external audits, audit requests, and other compliance requirement.
• 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.