Senior Accountant

1 week ago


Al Hufūf, Eastern Province, Saudi Arabia Al-Ghazzawi Group of Companies Full time
Job Summary

Being the Accountant, independently responsible for Book-keeping up to the finalization of Accounts of the assigned Divisions

Major

Responsibilities:

► General Ledger related Duties & Responsibilities

  • Prepares Journal Vouchers for Monthly Accruals, Intercompany transactions, Reclassification etc.
  • Scheduling & Amortizing of Prepaid Expenses such as Medical Insurance, Property Insurance etc.
  • Overseeing, Verifying & Confirming, Dammam JV entered into Oracle System,
  • Bank Reconcile
  • Creates various reports related to accounts, analysis etc. as required by the Finance Manager & Property Manager.
  • Works with the Finance Manager to resolve any discrepancies and questions related to the recording of general ledger transactions.
  • Works to ensure that historical and current data is received in a timely and efficient manner and recorded in the system accurately.
  • Ensures posting of subledgers is performed on timely basis and in accordance with month end closing.
  • Ensures that all accounting entries are supported with valid documentation.
  • Ensures that all period end transactions have been recorded and posted to GL.
  • Works with auditors as needed on research/resolution of complex accounting issues.
  • Completes various special engagements as requested by the Chief Accountant & Finance Manager.
► Accounts Receivable Related Duties & Responsibilities

  • Maintaining a Properties Master with the details of Properties, Tenants, Rent, Rental Period, Payment Term, Period of Payment etc. to generate timely Tenancy Invoices without omissions.
  • Recording the Rent collections from the Tenants received through Bank Transfers & Cash deposits etc.
  • Ensures Revenue Recognition Program is run for the monthly realization of Unearned Revenue in assigned Business Divisions,
  • Maintains valid supporting documents for the receivables transactions,
  • Monitor Tenant Accounts for nonpayments, delayed payments and periodical Reporting to the Property Management team for further actions,
  • Tracking the Properties' Vacancies & Occupancies regularly to report the Management,
  • Following up for the issue & receipt of new Tenancy Contracts with Property Management team,
  • Maintains Documentation of Tenancy Contracts of SIGMAC and follows up with the Properties Management for the timely renewal of econtracts,
  • Manage open/close accounts receivables periods as per monthly/yearly closing procedures,
  • Prepares and distribute SIGMAC Dammam Customers Ageing & Collection Reports to the Chief Accountant, Finance Manager & Property Manager periodically.
► Accounts Payable Related Duties & Responsibilities

  • Receives the Purchase Orders from the Procurement Department related to SIGMAC operations to arrange the payment in time,
  • Arranging the Advance Payments of Suppliers and making Prepayment Invoices in Oracle System,
  • Ensure that all payments are made as per agreed terms and conditions.
  • Arrange vendor payments when due and payable,
  • Regular tracking of settlement of Advances with Invoices after the receipt of materials/services,
  • Ensures proper closing of Purchase Orders in Oracle System in coordination with Store Keeper by tracking relevant GRN,
  • Assigning the proper Cost Center, GL Account to create Purchase Requisitions on the request of the Store Keeper to avoid mismatch in the accounting entries,
  • Ensures Multi Period Accounting Program run at the month end for the prepaid Vendor payments.
  • Periodical booking & payment of various Utilities Payments,
  • Arranging Petty Cash Payments including Petty Cash Advances and ensuring its proper closures,
  • Processing all payment requests received from TAG & GRE, Dammam through hierarchical approval process,
  • Responsible to ensure all accruals during month closing and annual closing are recorded properly.
► Payroll & HR Related Duties & Responsibilities

  • Upon notification from HRD, arrange timely payments for Employees' Iqama/Work Permit renewals, Exit/Reentry etc.
► VAT & GAZT Related Activities

  • Booking of Input VAT Invoices for SIGMAC Dammam Units,

Managerial
► Preparation of Individual Budgets for the assigned Divisions in co-ordination with Properties Management teams.

► Co-ordinate with Projects Department for SIGMAC Dammam Land development projects.

Competencies

The following competencies must be met and practiced on a continuous basis:
Behavioral

Functional

► Communication Skills

► Initiative

► Interpersonal Skills

► Flexibility

► Organizing and Planning Skills

► Self Confidence

► Teamwork

► Advisory & Consultation

► Consolidation Accounting

► Financial Reporting

► Language - Bilingual

Qualifications and Experience

  • University Graduate
  • SOCPA Registered,
2. 2-3 years of Account experience, especially in AR and GL,

  • VAT Return Submission,
  • Working experience in Oracle and Advance Excel,
  • Communication Skills and Technical Expertise.

Salary:
ریال6, ریال9,000.00 per mont
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