Accountant

1 week ago

Riyadh, Ar Riyāḑ, Saudi Arabia Wunderman Thompson Full time

Who We Are:

At VML, we are a beacon of innovation and growth in an ever-evolving world. Our heritage is built upon a century of combined expertise, where creativity meets technology, and diverse perspectives ignite inspiration. With the merger of VMLY&R and Wunderman Thompson, we have forged a new path as a growth partner that is part creative agency, part consultancy, and part technology powerhouse.

Our global family now encompasses over 30,000 employees across 150+ offices in 64 markets, each contributing to a culture that values connection, belonging, and the power of differences. Our expertise spans the entire customer journey, offering deep insights in communications, commerce, consultancy, CRM, CX, data, production, and technology. We deliver end-to-end solutions that result in revolutionary work.

The Accountant is a key member of the Finance team, responsible for maintaining accurate and timely financial records, preparing financial reports, and ensuring compliance with accounting principles and regulations. This role requires a detail-oriented individual with strong analytical and problem-solving skills, as well as the ability to work independently and collaboratively within a team environment. The Accountant will contribute to the overall financial health and stability of the organization by providing accurate and insightful financial information to support decision-making.

Responsibilities:

  • General Accounting:
    • Maintain the general ledger, ensuring accuracy and completeness of all transactions.
    • Prepare and record journal entries, including accruals, deferrals, and reclassifications.
    • Reconcile bank statements, credit card statements, and other balance sheet accounts.
    • Manage fixed asset accounting, including depreciation calculations and asset tracking.
    • Assist with the month-end, quarter-end, and year-end closing processes.
    • Prepare and analyze financial statements (income statement, balance sheet, cash flow statement).
    • Ensure compliance with Generally Accepted Accounting Principles (GAAP) and other relevant accounting standards.
  • Accounts Payable/Receivable:
    • Process accounts payable invoices, ensuring proper coding and approval.
    • Reconcile vendor statements and resolve discrepancies.
    • Manage accounts receivable, including invoicing, collections, and cash application.
    • Monitor aging reports and follow up on past-due accounts.
  • Financial Reporting & Analysis:
    • Prepare monthly, quarterly, and annual financial reports for management review.
    • Analyze financial data and identify trends, variances, and areas for improvement.
    • Assist with the preparation of budgets and forecasts.
    • Develop and maintain financial models to support business decisions.
    • Provide financial analysis and support to other departments as needed.
  • Compliance & Audit:
    • Assist with internal and external audits, providing documentation and explanations as required.
    • Ensure compliance with all applicable tax laws and regulations.
    • Prepare and file tax returns (e.g., sales tax, property tax).
    • Maintain accurate and organized financial records to support audit trails.
    • Implement and maintain internal controls to safeguard company assets.
  • Process Improvement:
    • Identify opportunities to improve accounting processes and procedures.
    • Implement process improvements to enhance efficiency and accuracy.
    • Document accounting policies and procedures.
  • Other Duties:
    • Assist with special projects as assigned by the Senior Accountant/Finance Manager.
    • Stay up-to-date on accounting regulations and best practices.
    • Provide support and training to other members of the Finance team.

Role Requirements:

  • Education: Bachelor's degree in Accounting or Finance required.
  • Experience: Minimum of 5 years of progressive accounting experience.
  • Technical Skills:
  • Proficiency in accounting software (e.g., dolphin, SAP, Oracle NetSuite).
  • Advanced knowledge of Microsoft Excel (e.g., pivot tables, VLOOKUP, macros).
  • Strong understanding of GAAP and other relevant accounting standards.
  • Experience with financial reporting and analysis.
  • Certifications (Preferred): CPA (Certified Public Accountant) or CMA (Certified Management Accountant) certification is a plus.

Desired Skills and Experiences:

  • Analytical Skills: Strong analytical and problem-solving skills with the ability to interpret complex financial data.
  • Attention to Detail: Meticulous attention to detail and accuracy in all work.
  • Communication Skills: Excellent written and verbal communication skills, with the ability to communicate financial information clearly and concisely to both financial and non-financial audiences.
  • Organizational Skills: Strong organizational and time management skills with the ability to prioritize tasks and meet deadlines.
  • Teamwork: Ability to work independently and collaboratively within a team environment.
  • Problem-Solving: Ability to identify and resolve accounting issues in a timely and effective manner.
  • Industry Experience: Experience in the Advertising industry is a plus.
  • Adaptability: Ability to adapt to changing priorities and work in a fast-paced environment.

Position's Requirements:

  • BA/BS in Finance or Accounting
  • Min 5 years experience in the field

Skills:

  • Problem solving
  • Commitment to excellence in everything
  • Teamwork, managerial and communication skills
  • Handle stress
  • MIS Knowledge
  • Computer skills: Microsoft Office
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