Senior General Ledger Accountant

Job Title: Senior General Ledger Accountant

Location: Riyadh, Saudi Arabia

Company: Confidential

Role Overview:

We are seeking a highly organized and detail-oriented Senior General Ledger Accountant to ensure that all payments are accurate and timely while working with banks and other team members inside and outside the company to ensure daily operations are running smoothly. The role is responsible for carrying out payments, securities, recording transactions, bank reconciliation, and reporting activities according to specific deadlines. This position plays a critical role in maintaining accurate financial records, ensuring compliance with financial policies, and supporting the finance team with accounts payable and general ledger management.

Key Responsibilities:

Banking Transactions

• Release all transfers and payments through banks, either through online transfers, manual transfers, and/or cheques.
• Recording all payments transactions on ERP system.
• Handle the reconciliation of all the bank accounts.
• Manage the access and online system with banks including additions and deletions of users or approvals levels.

Account Payables & Accounts Receivables

• Link the payments released to related purchase orders, invoices, contracts, or other documents related to the transaction/payments at hand.
• Link the collections received to the related invoices/PCs.
• Communicating with procurement/projects/vendors regarding any payments released.
• Ensure payments (wire, cash, or cheque) are recorded in a timely and accurately into the general ledger system and finalize reconciliation processes.
• Monitor and keep track of all company expenditures, including payrolls, invoices, purchase orders, and bills while issuing the proper management reports.
• Maintains financial securities by following approved contracts/POs terms.
• Continuing to improve the payment process.
• Research and resolve payment discrepancies.

General/Other Tasks

• Corresponds with employees and responds to inquiries.
• Use ERP to keep company records.
• Provides supporting information for internal and external auditors.
• Ensures that documentation received is in accordance with legal requirements.
• Ensure proper paperwork is received prior to setting up Oracle.
• Coordinate with banks or other financial institutions regarding accounts maintenance.
• Reconciling processed work by verifying entries and comparing system reports to balances.
• Work on special projects related to cash reports in and out.

Qualifications:

• Four-year undergraduate degree in Accounting (mandatory).
• Fluency in English (written and spoken) is mandatory.
• Proficiency in Arabic is preferred.
• Minimum 5 years of progressive work experience, with at least two years in the same role.
• High degree of accuracy.
• Problem solving and strong written and verbal communication abilities.
• Great attention to details.
• Additional certification (CMA, or CPA) is a plus.
• Knowledge of ERP Oracle Fusion is a plus and highly preferred.

Key Competencies:

• Strong accounting and general ledger management skills.
• Excellent attention to detail and accuracy.
• Problem-solving and analytical capabilities.
• Strong written and verbal communication abilities.
• Excellent organizational and time management skills.
• Ability to work independently and manage multiple priorities.
• Strong coordination with internal and external stakeholders.
• Proficiency in banking systems and payment processing.
• Advanced Excel skills and ERP systems knowledge.
• Professionalism, integrity, and reliability.

Key Performance Indicators:

• Accuracy and timeliness of payment processing and bank transactions.
• Accuracy and completeness of bank reconciliations.
• Timely recording of all transactions in the ERP system.
• Zero payment errors or discrepancies.
• Compliance with company policies and internal controls.
• Timely resolution of payment discrepancies and inquiries.
• Stakeholder satisfaction with accounts payable and general ledger support.
• Clean audit findings related to general ledger and payment operations.