Jobs in Dammam, Saudi Arabia

Job Summary
Being the Accountant, independently responsible for Book-keeping up to the finalization of Accounts of the assigned Divisions.

Major Duties and Responsibilities

1. Prepares Journal Vouchers for Monthly Accruals, Intercompany transactions, Reclassification etc.
2. Scheduling & Amortizing of Prepaid Expenses such as Medical Insurance, Property Insurance etc.
3. Overseeing, Verifying & Confirming, Dammam JV entered into Oracle System.
4. Bank Reconcile.
5. Creates various reports related to accounts, analysis etc. as required by the Finance Manager & Property Manager.
6. Works with the Finance Manager to resolve any discrepancies and questions related to the recording of general ledger transactions.
7. Works to ensure that historical and current data is received in a timely and efficient manner and recorded in the system accurately.
8. Ensures posting of sub-ledgers is performed on timely basis and in accordance with month end closing.
9. Ensures that all accounting entries are supported with valid documentation.
10. Ensures that all period end transactions have been recorded and posted to GL.
11. Works with auditors as needed on research/resolution of complex accounting issues.
12. Completes various special engagements as requested by the Chief Accountant & Finance Manager.

1. Maintaining a Properties Master with the details of Properties, Tenants, Rent, Rental Period, Payment Term, Period of Payment etc. to generate timely Tenancy Invoices without omissions.
2. Recording the Rent collections from the Tenants received through Bank Transfers & Cash deposits etc.
3. Ensures Revenue Recognition Program is run for the monthly realization of Unearned Revenue in assigned Business Divisions.
4. Maintains valid supporting documents for the receivables transactions.
5. Monitor Tenant Accounts for non-payments, delayed payments and periodical Reporting to the Property Management team for further actions.
6. Tracking the Properties Vacancies & Occupancies regularly to report the Management.
7. Following up for the issue & receipt of new Tenancy Contracts with Property Management team.
8. Maintains Documentation of Tenancy Contracts of SIGMAC and follows up with the Properties Management for the timely renewal of e-contracts.
9. Manage open/close accounts receivables periods as per monthly/yearly closing procedures.
10. Prepares and distribute SIGMAC Dammam Customers Ageing & Collection Reports to the Chief Accountant, Finance Manager & Property Manager periodically.

1. Receives the Purchase Orders from the Procurement Department related to SIGMAC operations to arrange the payment in time.
2. Arranging the Advance Payments of Suppliers and making Prepayment Invoices in Oracle System.
3. Ensure that all payments are made as per agreed terms and conditions.
4. Arrange vendor payments when due and payable.
5. Regular tracking of settlement of Advances with Invoices after the receipt of materials/services.
6. Ensures proper closing of Purchase Orders in Oracle System in co-ordination with Store Keeper by tracking relevant GRN.
7. Assigning the proper Cost Center, GL Account to create Purchase Requisitions on the request of the Store Keeper to avoid mismatch in the accounting entries.
8. Ensures Multi Period Accounting Program run at the month end for the prepaid Vendor payments.
9. Periodical booking & payment of various Utilities Payments.
10. Arranging Petty Cash Payments including Petty Cash Advances and ensuring its proper closures.
11. Processing all payment requests received from TAG & GRE, Dammam through hierarchical approval process.
12. Responsible to ensure all accruals during month closing and annual closing are recorded properly.

1. Upon notification from HRD, arrange timely payments for Employees Iqama/Work Permit renewals, Exit/Re-entry etc.

1. Booking of Input VAT Invoices for SIGMAC Dammam Units.

1. Preparation of Individual Budgets for the assigned Divisions in co-ordination with Properties Management teams.
2. Co-ordinate with Projects Department for SIGMAC Dammam Land development projects.

The following competencies must be met and practiced on a continuous basis:

1. Behavioral
2. Functional
3. Communication Skills
4. Initiative
5. Interpersonal Skills
6. Flexibility
7. Organizing and Planning Skills
8. Self Confidence
9. Teamwork
10. Advisory & Consultation
11. Consolidation Accounting
12. Financial Reporting
13. Language - Bilingual

1. University Graduate- SOCPA Registered.
2. 2-3 years of Account experience, especially in AR and GL.
3. VAT Return Submission.
4. Working experience in Oracle and Advance Excel.
5. Communication Skills and Technical Expertise.

Job Type: Full-time
Pay: ﷼6,000.00 - ﷼9,000.00 per month

Accounting: 1 year (Preferred)