Sr. Accountant

MP DOMINIC AND CO; Riyadh; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading accounting firm in Riyadh is seeking an experienced accountant with 3-5 years of experience and a Bachelor's degree in accounting or finance. The role includes maintaining the general ledger complying with IFRS, processing accounts payable/receivable, and coordinating month-end and year-end closing activities. Proficiency in SAP and experience with financial reporting are essential. This is an exciting opportunity to contribute significantly to the firm's financial operations.

Qualifications

• Minimum 3-5 years of accounting experience.
• Experience with financial reporting requirements.
• Knowledge of international currency exchange transactions a plus.

Responsibilities

• Maintain the general ledger in compliance with IFRS Standards.
• Process Accounts Payable / Accounts Receivable transactions.
• Reconcile all bank accounts and resolve invoice discrepancies.
• Coordinate month-end and year-end closing activities.
• Utilize SAP for financial data entry and reporting.

Skills

Accounting experience

Proficiency in SAP software

Financial reporting

General ledger functions

Knowledge of international currency exchange

Education

Bachelor's degree in accounting or finance

Tools

SAP

Job description

Key Job Responsibilities

Perform all related accounting functions required to maintain the general ledger in compliance with IFRS Standards and company policy and procedures

Accounts Payable / Accounts Receivable processes include entering daily invoices / bills / journal entries / weekly check runs / monthly accruals and special projects for several portfolio companies.

Maintain accounting / corporate records by designing a paperless filing and retrieval system ensuring past and current records are available as needed and attach documents within the financial system as system allows.

Reconcile all bank accounts and research and resolve all invoice discrepancies.

Reconciles bank accounts at least monthly, verifies deposits, and addresses inquiries from banks.

Ensure vendor invoices and check requests are paid in accordance with authorization and approval policies and follow up on invoices not approved.

Review aging reports and follow up with Customers regarding overdue balances.

Coordinate month-end and year-end closing activities to ensure timely reporting.

Responsible for researching, registering and compliance with all state and local tax requirements.

Analyse financial data and generate monthly trend reports and balance sheet reconciliations ensuring financial statement accuracy.

Oversee fixed asset tracking and reconciliations including monthly depreciation.

Provides outside auditors with assistance; gathers necessary account information and documents to perform annual audit.

Utilize SAP for financial data entry, processing, and reporting.

Performs other related duties as assigned by Accounts & Finance Manager.

Desired Candidate Profile

Minimum 3-5 years of accounting experience.

Bachelor's degree in accounting, finance, and / or related field.

Experience with financial reporting requirements.

Proficiency in SAP software.

Experience with general ledger functions and the month-end / year-end close process.

Knowledge of international currency exchange transactions a plus.