Sales Branch Accountant [Tamheer Opportunity]

alfanar Group; Riyadh; On-site; SAR 120,000 - 150,000; Full time

Job summary

A leading construction and manufacturing firm in Riyadh seeks a Financial Manager to oversee financial records and transactions. Responsibilities include budgeting, financial reporting, and cash flow management. The ideal candidate should have a Diploma Degree and 2 to 4 years of relevant experience. This role is crucial for ensuring accurate financial operations within the company.

Qualifications

• Experience in financial analysis and reporting.
• Ability to manage cash flow and banking activities.
• Knowledge of inventory control and asset management.

Responsibilities

• Prepare and analyze financial statements and budgets.
• Monitor cash flow and manage petty cash.
• Implement financial policies and procedures.

Skills

Financial Analysis

Cash Flow Management

Inventory Control

Problem-Solving

Education

Diploma Degree

Tools

Accounting Software

Job description

Overview

Requisition ID: 22147

City: [[location_obj]]

Group Overview: Headquartered in Riyadh, Saudi Arabia, we operate construction and manufacturing businesses, design & development centers and a host of facilities in the Middle East and other countries.

alfanar is involved in:

• Electrical, Electromechanical and Civil Engineering Construction
• Manufacturing and Marketing Electrical Construction Products
• Allied Engineering Services

Our Main Divisions:

• alfanar electric
• alfanar Construction
• alfanar Building Systems

Job Purpose

Managing the financial records and transactions of the Retail sales business channel. Ensuring accurate and timely financial reporting, budgeting, and analysis.

Key Accountability Areas

Financial Analysis and Reporting

• Prepare and analyze financial statements, reports, and budgets to provide insights into the business's financial performance.
• Collaborate with cross-functional teams to analyze and optimize product pricing and profitability.
• Participate in the preparation and presentation of financial reports to senior management, offering insights and recommendations for strategic decision-making.

Cash Flow Management and Banking Activities

• Monitor cash flow, manage petty cash, and oversee banking activities.
• Prepare a daily report about the cash movement and match the fund balance daily.
• Follow up the status of deposited cheques and relevant issues with the branch manager and the accounts department.
• Receive deposit slips and ensure cash is deposited into the bank immediately.
• Keep PDCs in custody in the branch safe.

Financial Policies and Procedures Implementation

• Assist in the development and implementation of financial policies and procedures to improve efficiency and accuracy.
• Notify accounts management about any system violation, especially regarding sales and collection procedures.
• Maintain all sales invoices, collection vouchers, official documents, and sales invoice stamps of the branch.

Inventory Control and Asset Management

• Manage and analyze inventory valuation and assist in inventory control processes.
• Maintain and reconcile general ledger accounts, including accounts payable, accounts receivable, and inventory.
• Maintain assets (transfer/disposal) with finance.

Customer Reconciliation and Sales Support

• Perform periodic visits to customers in coordination with the accounts receivable department for customer reconciliation and balance confirmation.
• Book/issue sales invoices and sales returns as per company policy.
• Prepare all handover applications for all sales staff with supporting documents as procedures.
• Review original customer account reconciliations attached to handover records for salesmen/branch managers before sending them to the accounts department.
• Reconciliation and maintaining records.

Role Accountability

HR Proficiency

• Ability to obtain updated soft and technical skills related to the job
• To have a vision and a plan for the career path and how to achieve it.

Delivery

• Perform the planned activities to meet the operational and development targets as per delivery schedules.
• Utilize resources effectively to achieve objectives within efficient cost and time.
• Provide a periodic report detailing deviation and execution of planned tasks.

Problem-Solving

• Solve any related problems that arise and escalate any complex operational issues.

Quality

• Ensure quality requirements to develop effective quality control and processes including specifications for products or processes or related activities.

Business Process Improvements

• Coordinate well-defined written systems, policies, procedures, and seek automation opportunities as much as possible.

Compliance

• Comply with related policy and procedures and work instructions.

Health, Safety, and Environment

• Ensure compliance of relevant safety, quality, and environmental management procedures and controls within defined area of work activity to guarantee safety, legislative compliance, and delivery of high-quality products/services.

Academic Qualification

Diploma Degree

Work Experience

2 to 4 Years

Technical / Functional Competencies

• Invoice Processing
• Accounting Principles