Senior Accountant

2 weeks ago


Riyadh, Ar Riyāḑ, Saudi Arabia Lifera Full time
Senior Accountant

Department: Finance

Employment Type: Full Time

Location: Riyadh - Saudi Bio

DescriptionCost Accounting: Manage cost accounting processes, including tracking, analyzing, and reporting on production costs, overhead expenses, and inventory valuation.

Accruals and Prepayments Control: Manage and reconcile accruals and prepayments accounts, ensuring accurate recording, control, and reconciliation of these accounts.

General Ledger Maintenance: Perform general ledger activities, including journal entries, account reconciliations, and month-end/year-end closing processes.

Account Reconciliation: Reconcile accounts, identify discrepancies, and resolve issues in a timely manner.

Cost Control: Collaborate with the Accounting Manager to monitor and control costs, identifying cost-saving opportunities and recommending cost optimization strategies.

Financial Reporting: Assist in the preparation and review of monthly, quarterly, and annual financial statements, ensuring accuracy and compliance with accounting standards.

Financial Analysis: Conduct financial analysis, assess variances, and provide recommendations to improve financial performance, with a specific focus on cost-related data.

Budget Assistance: Collaborate with the Accounting Operations Manager in the preparation and management of budgets and forecasts, with a focus on cost budgeting.

Audit Support: Assist in the coordination and preparation of internal and external audits, including gathering and organizing audit documentation related to cost accounting.

Compliance: Ensure adherence to financial regulations, tax laws, and accounting standards, making recommendations for adjustments as necessary, particularly in cost-related matters.

Job Requirements:
  • Bachelor's degree in accounting, finance, or related fields
  • 5-7 Years of experience relevant field
  • 1-3 years of costing experience
  • CMA or relevant certification; preferable.

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