Accountant

We are a reputed well know foreign healthcare facilities looking to hire a professional senior accountant with a minimum 7 years experience.

Responsibilities:

• Financial Recording & Bookkeeping
• Compile and reconcile all ledger account balances to prepare an accurate, properly classified periodic trial balance.
• Record all financial transactions in compliance with accounting standards and company policies.
• Maintain up-to-date ledgers, journals, and supporting financial records to ensure data integrity.
• Reconciliation
• Perform daily reconciliations of bank statements, accounts payable, and accounts receivable to ensure accuracy and resolve discrepancies promptly.
• Maintain reconciliations for accrual costs, prepayments, VAT, income tax, Zakat, and other provisions.
• Investigate and resolve account variances to ensure accurate financial data.
• Financial Reporting
• Prepare monthly financial statements, including balance sheets, income statements, and cash flow statements.
• Ensure timely and accurate monthly reporting in line with company and regulatory requirements.
• Support the preparation of specialized reports such as job costing analysis, client profitability analysis, and revenue vs. cost comparisons.
• Accounts Receivable & Accounts Payable
• Oversee accounts receivable collection and accounts payable payment processes, ensuring timely collection and timely payments processing.
• Track and follow up on receivables and payables weekly.

Prepare a weekly payment list for review and processing every Wednesday.

• Cost Accounting
• Implement and maintain a cost accounting system to monitor job costs and assess profitability.
• Analyze variances between estimated and actual costs, providing insights for improvement.
• Team Leadership
• Conduct performance evaluations to align team objectives with departmental and company’s goals.
• ERP Systems & Process Improvement
• Optimize the use of the company’s ERP system to improve efficiency in financial operations.
• Identify and implement process enhancements to streamline workflows and increase accuracy.
• Taxation & VAT
• Ensure compliance with financial regulations, including VAT, income tax, Zakat, and withholding tax requirements.
• Prepare and assist tax consultants in the submission of VAT and WHT filings, ensuring accuracy and timeliness.
• Vendor & Client Relations
• Manage financial interactions with vendors and clients, including invoice issuance, payment processing, and dispute resolution.
• Coordinate with internal teams to address financial matters promptly and effectively.
• Audit Support
• Prepare and provide documentation and explanations required for external audits.
• Address audit findings and implement corrective actions to strengthen financial controls.

Required Skills:

1- Work experience

• Minimum of 7 years of professional experience in a reputable Saudi organization.
• At least 2 years in a senior or supervisory role.

2- Academic qualifications

• BS degree in accounting or equivalent, from a renowned university.

3- Technical/Computer skills

• Ability to generate and analyze accounting work and reports.
• Strong understanding of the International Financial Reporting Standards.
• MS Office (Excel, Word, PowerPoint…) and other accounting software.

4- Interpersonal and other skills

• Excellent verbal and written communication skills in both English and Arabic.
• Ability to work effectively under pressure, meet deadlines, and maintain high attention to detail.
• Excellent communication skills and cooperation with colleagues.

Job Type: Full-time

Job Location: Riyadh

Job Type: Full-time

Pay: ﷼8,000.00 - ﷼10,000.00 per month