Chief Accountant

2 days ago


Jeddah, Makkah Province, Saudi Arabia Arab National Bank Full time

Responsibilities

  1. Process and record daily transactions, ensuring accuracy and timeliness.
  2. Assist in the month-end and year-end closing processes, including account reconciliations and adjusting journal entries.
  3. Prepare and review financial statements to ensure they reflect the company's financial position accurately.
  4. Process and review employee expense reports, invoices, and vendor payments to ensure compliance with company policies.
  5. Manage accounts receivable and cash reconciliations.
  6. Manage accounts payable and maintain vendor relationships.
  7. Support internal and external audits by providing necessary documentation and explanations.
  8. Generate reports and provide financial insights to aid decision-making in line with the company's objectives.
  9. Assist in analyzing trends in expenses and revenue, identifying areas for cost savings and revenue improvement.
  10. Develop and implement financial policies, procedures, and controls to ensure accuracy and compliance.
  11. Monitor and analyze financial data to identify variances and recommend solutions for improvement.
  12. Mentor and supervise accounting staff, providing guidance and training as needed.
  13. Keep up-to-date with industry trends, regulations, and best practices to ensure compliance and inform decision-making.
  14. Collaborate with the finance team to provide data for budgeting and forecasting activities.
  15. Coordinate and lead the annual budgeting process.
  16. Monitor budget variances and report discrepancies to the Accounting & Finance Manager.

Requirements

  1. Bachelor's degree in accounting, finance, or related field; CPA designation preferred.
  2. Minimum of 7 years of experience in a senior accounting role, preferably in the agricultural industry.
  3. Strong knowledge of accounting principles and regulations, including GAAP.
  4. Proficient in accounting software and MS Office Suite, with advanced Excel skills.
  5. Excellent analytical, problem-solving, and communication skills.
  6. Strong leadership and team management abilities.
  7. High level of attention to detail and accuracy.
  8. Ability to work independently and handle multiple tasks in a fast-paced environment.
  9. Knowledge of SAP system.

Skills

  1. Bachelor's degree holder with a proven track record of academic or work experience in the finance sector.
  2. Expertise in handling financial activities by implementing the latest management and cost reduction trends.
  3. Proven command of negotiation skills to build long-lasting partnerships with clients.
  4. Strong attention to detail and good analytical skills.
  5. Presenting an in-depth analysis of the company's financial statements through concise reports.
  6. Qualified Microsoft Suite professional with a proven track record of implementing technology in financial tasks.
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