Accountant
5 months ago
Key Responsibilities:
1. Financial Record-Keeping: Maintain accurate and up-to-date financial records, Record transactions, including purchases, sales, receipts, and payments, and Ensure compliance with accounting standards and regulations in Saudi Arabia.
2. Budgeting and Forecasting: Assist in the preparation of annual budgets and forecasts, monitor budgetary performance and provide variance analysis reports, and Collaborate with department heads to develop realistic financial plans.
3. Financial Analysis: Analyze financial data and trends to identify areas for improvement or cost-saving opportunities Prepare financial reports, including income statements, balance sheets, and cash flow statements, and Provide insightful analysis and recommendations to management based on financial findings.
4. Tax Compliance: Ensure compliance with tax regulations and requirements in Saudi Arabia, Prepare and file tax returns accurately and on time, and Stay updated on changes in tax laws that may impact the business.
5. Internal Controls: Implement and maintain internal controls to safeguard company assets and prevent fraud, Conduct periodic audits to assess the effectiveness of internal controls and identify any weaknesses.
6. Financial Planning and Strategy: Contribute to the development of financial strategies and long-term plans for the automotive business, Provide financial insights to support decision-making regarding investments, expansion, and cost management.
7. Liaison with External Stakeholders: Communicate effectively with external auditors, tax authorities, and regulatory bodies. Address any financial inquiries or issues raised by external stakeholders in a timely manner.
8. Team Collaboration: Collaborate with colleagues across departments, including sales, procurement, and operations, to achieve common financial goals. Provide support and guidance to junior accounting staff as needed.
- Qualifications:
- Bachelor's degree in accounting, finance, or a related field.
- Professional certification such as CPA, ACCA, or CMA is preferred.
- Previous experience working as an accountant in the automotive industry is advantageous.
- Proficiency in accounting software and Microsoft Excel.
- Strong analytical and problem-solving skills.
- Excellent attention to detail and organizational abilities.
- Ability to work effectively in a fast-paced and dynamic environment.
- Knowledge of Saudi Arabian accounting standards and tax regulations is desirable.
- Strong communication and interpersonal skills.
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