Accountant (Based in Saudi Arabia)

2 months ago


Dhahran, Saudi Arabia Posh Full time

This position is for PaxOcean Group, a company under Kuok (Singapore) Limited.

Accountant (Based in Saudi Arabia)

Summary of the role

This incumbent will be required to set up finance operation for a newly incorporated company in Saudi Arabia and responsible for day-to-day finance operation and full set of accounts in Saudi Arabia. He/She needs to follow up closely with operations on any outstanding items. Monthly, the incumbent will need to prepare management reports, explaining variances from budget. At year end, the incumbent needs to work closely with the MRO Head on budgeting. He/She will also need to work closely with Singapore Finance Team.

Tasks and Responsibilities
- Process AP invoices and payment
- Monitor cash balances in bank and ensure sufficient fund for operation.
- Handle AR invoicing and collection
- Handle day-to-day of finance operation and full set of accounts.
- Prepare account schedules
- Prepare for VAT report and submission
- Liaise with internal & external parties (e.g. Group Finance, Bankers, Auditors & etc)
- Prepare costing report and liaise with operations to ensure project profitability
- Complete monthly analysis and reporting for management and Group
- Responsible for annual budget process and monthly forecast process
- Work closely with Saudi Team and Singapore Finance Team to formulate the financial strategies, policies and objectives
- Ad hoc assignment assigned.

**REQUIREMENTS**:

- 3 to 5 years of relevant experience especially in Marine Industry (Project base).
- Experience in full set of accounts.
- Proficient in MS office, especially in MS Excel, Word, Power Point.
- Arabic and English speaking preferred.
- Able to work in Saudi Arabia



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