SENIOR ACCOUNTANT

Power International Holding; Saudi Arabia; On-site; SAR 80,000 - 100,000; Full time

Job summary

A leading company in financial services in Saudi Arabia is seeking a Senior Accountant to manage financial data, prepare reports, and ensure compliance with accounting principles. The ideal candidate should have a Bachelor's degree in Accounts and Finance, CPA or ACCA qualification, and a minimum of five years of experience in accounting. This role involves developing budgets, performing internal audits, and maintaining accurate financial records.

Qualifications

• Minimum 5 years of working experience in accounting.
• 3 years of relevant accounting experience required.
• 2 years of experience in GCC region is a plus.

Responsibilities

• Perform general or cost accounting activities.
• Prepare and analyze financial records and statements.
• Ensure accuracy and completeness of financial records.
• Develop and analyze budgets with periodic reports.

Skills

Financial processes knowledge

Knowledge of accounting tools/software

Knowledge of GAAP

Month end process understanding

Financial markets knowledge

Financial management experience

ERP knowledge (SAP)

Education

Bachelor's Degree in Accounts and Finance

CPA or ACCA qualification

Job description

Job Summary

The Senior Accountant performs professional accounting work involving compilation, consolidation, and analysis of financial data. May include any or all of the following: ledgers and preparation of journal entries, fixed asset or inventory accounting, preparation of trial balance or financial statements, cost accounting, bank account reconciliation. Provides daily financial oversight to ensure that the financial records are complete, accurate and comply with generally accepted accounting principles and policies.

Responsibilities

• Perform general or cost accounting activities requiring some insight and depth of understanding.
• Apply accounting techniques and standard practices to the classification and recording of financial transactions.
• Ensure proper handling of financial transactions and transaction approvals within designated limits. Assist immediate superior in the preparation of MIS reports, budgets, and forecasts.
• Prepare, examine, and analyze accounting records, financial statements, and other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards. Ensure the accuracy of data contained on all financial reports, and that information is clear and concise. Ensure proficient use of delegated software.
• Analyze business operations, trends, costs, revenues, financial commitments, and obligations, to project future revenues and expenses or to provide advice.
• Ensure that records and analysis reflect the true and accurate measure of the business as presented in the graphs and are available on a real-time basis.
• Establish tables of accounts, and record all entries to their proper accounts. Ensure that all entries are recorded to their assigned account numbers.
• Ensure that data is fluid and provides information as required.
• Develop, maintain, and analyze budgets, preparing periodic reports that compare budgeted costs to actual costs. Ensure that analysis reflects true and accurate data of actual costs vs budgeted costs.
• Develop, implement, modify, and document recordkeeping and accounting systems, making use of current computer technology. Ensure proficient use of assigned program with real-time availability of financial reports.
• Perform internal audits of accounts payable, payroll distribution, fixed assets, and cash. May make correcting journal entries in assigned areas.
• Ensure accuracy of audits undertaken. Ensure accuracy in correcting journal entries.
• Appraise, evaluate, and conduct inventory of real property and equipment, recording information such as the property’s description, value, and location. Ensure accuracy of data presented in an inventory, and that property and equipment are all accounted for within the inventory.

Job Knowledge & Skills

• Excellent knowledge of financial processes. Knowledgeable in the latest accounting tools/software. Knowledgeable of Generally Accepted Accounting Principles (GAAP) and practices.
• Sound understanding of the month end process.
• Knowledge of the financial markets and banking. Knowledge of the analysis and reporting of financial data. In-depth and demonstrable experience in financial management and accounting.
• ERP knowledge, preferably SAP functional skills.

Job Experience

• Minimum 5 year(s) working experience, 3 year(s) relevant working experience, 2 year(s) GCC is a plus

Competencies

• Accounting Methods L3
• Reconciliation L3
• Financial Reporting L3
• Accounts Payable L3
• Agility
• Accounting Systems L3
• Resilience
• Quality
• Leadership

Education

• Bachelor's Degree in Accounts and Finance
• Professional Qualification in Certified Public Accountant (CPA) or Association of Chartered Certified Accountants (ACCA)