Senior Accountant

1 day ago


Riyad Al Khabra, Saudi Arabia WUZZUF Full time

Responsibilities:

  • Responsible for four companies' day-to-day finance and accounts operations in line with Group Accounting Policies, procedures, and approval matrix.
  • Responsible for timely monthly standalone & consolidated financial statements and management report preparation.
  • Handle month-end closing activities and reports. Ensure all transactions are recorded according to accounting policies and procedures and that the book of accounts is properly closed.
  • Prepare / Review the period-end journal entries in Oracle GL.
  • Review of reconciliations and GL schedules as per the closing calendar.
  • Create Fixed assets / Depreciation in Oracle.
  • Preparation / Review of Financial statements and Management reports as per the monthly closing calendar.
  • Preparation of monthly cash flow statements with forecasts.
  • Prepare / Review supplier invoices / payments and payroll:
  • Review of supplier / related party invoice accounting and its payments as and when due.
  • Checking of payroll and WPS – facilitate the release of salary one day before the scheduled day each month.
  • Prepare / Review and follow up on Accounts Receivables:
  • Prepare the related party Invoices for the shared service cost recharges.
  • Reconciliation of balances with related parties and follow-up on AR with associated parties.
  • Review the VAT return report:
  • Prepare / Review the VAT return report on a quarterly basis for the companies due in that month and make the VAT payment before the due date.
  • Review and record all investment-related transactions in Oracle.
  • Review and record all the transactions made by the investment department in Oracle (Buy / Sell / Contribution / Distribution / Dividends, etc.).
  • Reconcile the custody / broker account balances with investment books.
  • Prepare / Assist / Review the daily / monthly investment reports.
  • Prepare the investment report to show the holdings and NAV with growth performance.
  • Assisting in budget preparation and schedules.
  • Prepare bank reconciliation statements for every month.
  • Managing external and internal auditors:
  • Handling external and internal auditors as and when audit starts.

Qualifications:

  • Bachelor's degree in Finance / Accounting or equivalent professional finance qualification such as ACA, ACCA, CIMA, or equivalent.
  • Minimum 5 years of experience.
  • Strong knowledge of Oracle ERP systems.

Additional Information:

  • Proficiency in Microsoft Office Applications, specifically MS Word, & MS Excel.
  • Proven ability with complex spreadsheet design and formatting.
  • Knowledge of fund accounting or investment accounting packages is an asset.
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