ASSISTANT ACCOUNTANT

Job description:

Job Purpose

Assisting with various financial activities such as preparing financial statements, maintaining accurate financial records, and supporting compliance with accounting standards and regulations.

Key Accountability Areas

Financial Recordkeeping:

• Assist in maintaining accurate and up-to-date general ledger accounts.
• Support in posting and processing journal entries to ensure all business transactions are recorded.
• Help with reconciling accounts payable and receivable.

Financial Reporting:

• Assist in preparing monthly, quarterly, and annual financial statements, including balance sheets, income statements, and cash flow statements.
• Help with the preparation of budget forecasts and variance analysis.
• Support the preparation of year-end financial reports and documentation.

Account Reconciliation:

• Assist in performing monthly account reconciliations to ensure all balances are accurate.
• Help investigate and resolve discrepancies and variances in financial data.

Compliance & Audit Support:

• Support compliance with internal policies, accounting principles (GAAP or IFRS), and tax laws.
• Assist with internal and external audits by providing necessary documentation and explanations.
• Help maintain records to support tax filings and ensure tax compliance.

Accounts Payable & Receivable:

• Assist with the invoicing process, ensuring accurate billing to clients and proper payment processing.
• Support accounts payable, ensuring timely payment to vendors and suppliers.
• Help monitor accounts receivable, ensuring timely collections from customers and following up on overdue accounts.

Financial Analysis & Reporting:

• Assist management in analyzing financial data and performance to support decision-making.

Cost Tracking & Control:

• Help monitor and track expenses to ensure the company stays within budget.
• Assist in identifying cost-saving opportunities.

Ad-Hoc Tasks:

• Perform other accounting-related duties as assigned by the Finance Manager or Controller.

Role Accountability

HR Proficiency:

Ability to obtain updated soft and technical skills related to the job

To have a vision and a plan for the career path and how to achieve it.

Delivery:

Perform the planned activities to meet the operational and development targets as per delivery schedules.

Utilize resources effectively to achieve objectives within efficient cost and time.

Provide a periodic report formatted by detailing the deviation and execution of planned tasks.

Problem-Solving:

Solve any related problems arise and escalate any complex operational issues.

Quality:

Ensure quality requirements to develop effective quality control and processes including specifications for products or processes or related activities.

Business Process Improvements:

Coordinate well-defined written systems, policies, procedures, and seek automations opportunities as much as possible.

Compliance:

Comply to related policy and procedures and work instructions.

Health, Safety, and Environment:

Ensure compliance of relevant safety, quality, and environmental management procedures and controls within defined area of work activity to guarantee safety, legislative compliance, and delivery of high-quality products/services.

Academic Qualification Diploma Degree in AccountingWork Experience Fresher - 0-2 yearsTechnical / Functional Competencies Financial Accounting (FI)Accounts Receivable (AR)ReconciliationFinancial Reporting

Profile description:

Alfanar is a Saudi company with an international presence, primarily engaged in the manufacturing and trading of a wide variety of low, medium, and high voltage electrical products, in addition to its portfolio of conventional and renewable energy solutions, oil and gas, water treatment, infrastructure, technical services, and digital solutions.

The hub of alfanar’s manufacturing operations is Medinet alfanar Alsinaiya, a 700,000 square-meter complex located in Riyadh. The complex houses an array of ultra-modern manufacturing facilities and laboratories equipped with state-of-the-art technologies and staffed with highly skilled professionals.

alfanar derives its success from its commitment to providing the highest quality standards to its customers, and the continuous development of its human capital, who alfanar considers its most valuable asset. With this in mind, alfanar promotes a proactive work environment where its employees are always valued, nurtured, and empowered to fuel their pride in being part of alfanar.

For more information about alfanar, please visit alfanar.com