Chief Accountant middle East

2 weeks ago

Al Hufūf, Eastern Province, Saudi Arabia Pipecare Group Full time

PIPECARE Group of Companies - the leading provider of inline inspection services in Oil&Gas field - is looking for the
Chief Accountant [for Middle East] to join our Team.


The position is responsible for reviewing and monitoring day-to-day accounting activities of PIPECARE and its Subsidiaries up to the issue of financial statements and will be reporting to the Finance Manager.


Key Responsibilities & Authorities:

  • Supporting Accounts Payables & other Accountant for reviewing the Financial Accounting functions to ensure the accuracy of accounts.
  • Maintain accounting up to date and posting all the accounts transactions
  • Maintaining positive spirit with his team and supporting them
  • Ensure all payments made are made according to company policy & procedures
  • Processes and overseeing payroll operations
  • Reviewing the Leave salary, gratuity, final settlement
  • Reviews all payments and approvals
  • Reviewing the schedule related to assets additional/deletion
  • Reviews all accruals for expenses
  • Allocation of tool capitalization costs
  • Allocation of general costs to projects
  • Processes insurance requirements
  • Reviewing the bank guarantees, L/C's and other banks documents before sending to the bank.
  • Prepare monthly Balance Sheet, Income Statement, Cashflow, Statement of Equity
  • Supporting the Regional Finance Manager for preparing the necessary documentation and reports for auditing
  • Prepare monthly MIS pack
  • Supervise and mentor financial subordinates
  • Weekly meeting with the Regional Finance Manager to discuss any financial issues
  • Timely preparation of financial statements and completion of audits
  • Maintaining / reviewing periodically the financial policies/procedures and internal control system/procedures to make sure that his team considering that, and to raise the results report to the Regional Finance Manager
  • Monitor and review accounting and related system reports for accuracy and completeness
  • Analytical reviewing for the petty cash expenses and others cost and to raise the report to the Group Finance Manager
  • Randomly get physical inventory items verified with books
  • Monitoring the local Tax compliance and monthly report should be raised to the Regional Finance Manager
  • Performs other duties as assigned by the Regional Finance Manager within the job role

Skills/Experience required:

The successful Chief Accountant holds ACCA, CA, CPA or equivalent. Oil and Gas background is a plus

It is essential you have a minimum of 5 years industry experience outside the profession

Capability to provide timely and accurate management reporting

Have excellent Excel and modeling skills alongside experience in communicating with senior stakeholders

Accountability:

  • Keep uptodate entries in Accounts
  • Payments, Collection, and invoicing HO control
  • Validation AP Vouchers
  • Payroll review (monthly from HR)
  • Review of outgoing payments
  • Review and Maintain other Legal Entity Accounts
  • Inventory Maintenance and Control
  • Control functions of regional Chief Accountants.
  • Yearly audit
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