Financial Accountant

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

Job summary

Join a dynamic team at an established industry player, where you will play a crucial role in financial management and compliance. This position involves assisting in the preparation of budgets, ensuring timely closure of accounts, and maintaining financial integrity across operations. You'll collaborate with internal and external stakeholders, manage audits, and ensure compliance with local tax regulations. This role is perfect for a detail-oriented finance professional looking to make a significant impact in a fast-paced environment. If you're ready to take on new challenges and contribute to the success of a leading company, this opportunity is for you.

Qualifications

• Experience in financial analysis and budget preparation.
• Knowledge of tax compliance and audit management.

Responsibilities

• Assist in preparation of vessel and company budgets.
• Ensure timely closure of monthly accounts and compliance with local taxes.
• Maintain financial controls over operational budgets.

Skills

Financial Analysis

Budget Preparation

Tax Compliance

Audit Management

Accounting Principles

Education

Bachelor's Degree in Finance or Accounting

Professional Certification (e.g., CPA, CMA)

Tools

Financial Software

Excel

Job description

Job Description

Part of the responsibility will be on:

1. Assist in preparation of accurate vessel and company budgets, forecasts and report results to internal and external stakeholders in a timely and consistent manner.
2. Ensure timely closure of monthly accounts (Intercompany entries, journal entries, P&L cost analysis, balance sheet schedules, variance analysis etc.)
3. Assist with the maintenance of relevant financial systems and their integrity.
4. Assist with ensuring compliance to local taxes (WHT, CIT, VAT) and prepare monthly Saudi tax compliance report.
5. Assist with the management of internal and external audits, audit requests, also provide necessary support.
6. Maintain close financial controls over operational budgets and the processes by which they are drawn up.
7. Coordinate with central shared services in getting the required financial and procurement services on time.
8. Maintain petty cash for local expenses in KSA and adherence to MOA.
9. Ensure timely and accurate payments to local vendors and arrange cash to masters, bank guarantees, and bank confirmations.
10. Quarterly IKTVA compliance report to be submitted to Aramco, yearly IKTVA audit and audit report to be uploaded.
11. Should be able to provide all necessary details regarding tax/VAT/WHT assessment of any previous years.
12. Quarterly CIF data to be submitted to local tax authority in the required format.
13. Raise timely and accurate customer invoices (all types of income including fuel, back charges, and intercompany) for assigned fleet.
14. Communicate with clients about billing discrepancies and questions.
15. Engage management over any AR related issues.
16. Initiate collections on past-due accounts through ageing analysis.
17. Prepare debtors report with reasons for delay in collections.
18. Prepare utilization reports as required.
19. Maintain accounting ledgers.