Jobs at SAP in Saudi Arabia

Purpose:

• Monitoring all transactions related to Projects (AP, A/R, Project, GL, Inventory, Controlling, etc.)

Contracts and Sales Invoices:

• Study all client contracts to ensure sales invoices are issued based on the payment terms specified in the contract.
• Inform management if there are advance sales invoices that have not yet been issued.
• Ensure that bank guarantees are issued for all projects and match the contractual requirements.
• Verify that all sales invoices are issued based on the actual POC and shortage billing reports.

Collections:

• Ensure all collections are recorded either through the treasury or bank.
• Reconcile collections with sales invoices to ensure accuracy.

Vendor Invoices:

• Follow up with Business Units to finalize all received vendor invoices related to project progress.
• Ensure finalization of all vendor invoices in the system after approval from BU based on MIGO reports.
• Review vendor invoices for any comments or errors and revise as necessary.

Payments:

• Issue payments for due vendor invoices based on payment terms.
• Process advance payments for purchase orders according to payment terms.
• Ensure clearing of advance payments with progress vendor invoices.
• Prepare LC invoices and obtain approval from BU and concerned authorities.

Reports:

• Prepare aging reports and discuss them with BU.
• Prepare shortage billing reports based on actual POC and review with BU.
• Investigate unknown deposit amounts with BU and resolve issues.
• Create reports for critical issues and discuss corrective actions with BU.
• Provision for doubtful amounts and assess impact on ECL.

Banks:

• Review daily bank statements to identify any transaction risks.
• Upload daily bank transactions on ZFF67 for banks not linked via MT940.
• Perform daily bank reconciliations and clear matching transactions ('FEBA').
• Conduct monthly bank reconciliations.

Treasury (CT):

• Perform daily reconciliation with treasury, identify discrepancies, and follow up on pending transactions.
• Record all CT transactions (LG charges, LC charges, finance costs, internal transfers, etc.) and verify accuracy.
• Conduct monthly reconciliation with CT and obtain signatures from all involved parties.

Reporting:

• Prepare monthly summaries of all bank accounts, including notable cases and processing criteria.

Skills and Qualifications:

• 5-10 years of experience in project accounting.
• Good knowledge of Saudi regulations.
• Strong accounting skills.
• Experience with ERP systems (SAP).

Education and Certifications:

• Bachelor’s Degree in Finance or Accounting.