General Accountant

Confidential Careers; Medina Province; Presencial; SAR 90.000 - 140.000; Jornada completa

Descripción de la vacante

Confidential Careers seeks an experienced Accountant to join our finance team in Medina, Saudi Arabia. The role emphasizes payments, invoicing, LC/LG management, VAT compliance, and collaboration with external auditors.

Responsibilities include vendor payments, sales invoicing and receivables, loan repayments, bank reconciliations, LC/LG tracking, VAT filing, and audit support, requiring attention to detail and compliance.

Formación

• Experience with vendor payments and VAT compliance.
• Knowledge of LC/LG handling and interest calculations.

Responsabilidades

• Process vendor payments and ensure timely disbursements.
• Issue sales invoices and record receivables accurately.
• Manage loan repayments and related disbursements; monitor interest schedules.
• Perform bank reconciliations and investigate discrepancies.
• Calculate and monitor LC and LG requirements and costs.
• Prepare VAT returns and claims; ensure VAT compliance.
• Coordinate with external auditors and support audits.

Descripción del empleo

We are seeking a detail-oriented and experienced Accountant to join our finance team. The ideal candidate will be responsible for managing vendor payments, sales invoicing, lender repayment and disbursements, bank reconciliations, and ensuring compliance with VAT regulations. Additionally, the role requires expertise in handling Letters of Credit (LCs) and Letters of Guarantee (LGs), interest calculations, and working closely with external auditors.

Key Responsibilities:

• Process and manage vendor payments, ensuring timely and accurate disbursements.
• Monitor and reconcile vendor accounts and manage payment transfers.

Sales Invoicing and Receivables:

• Issue sales invoices and ensure accurate recording of sales transactions.
• Track and follow up on receivables, ensuring timely collection of outstanding payments.
• Handle loan repayments and disbursements, ensuring all lender-related transactions are accurately recorded.
• Monitor loan agreements and interest schedules to ensure compliance with repayment terms.

Interest Calculations:

• Accurately calculate interest payments on loans and ensure timely settlements.
• Record interest income/expense and prepare necessary schedules for reporting.
• Perform regular bank reconciliations to ensure accuracy between the company’s financial records and bank statements.
• Investigate and resolve any discrepancies in a timely manner.

Letter of Credit (LC) and Letter of Guarantee (LG) Management:

• Calculate and monitor LC and LG requirements and costs.
• Ensure proper documentation and tracking of LCs and LGs.

VAT Compliance and Filing:

• Ensure compliance with VAT regulations, including the calculation and filing of VAT returns.
• Prepare and submit VAT claims, ensuring timely and accurate recovery.

Audit and Compliance:

• Coordinate with external auditors to provide necessary documentation and support during audits.
• Assist in ensuring financial compliance with relevant standards and laws.