Accounting Specialist

4 weeks ago


Riyadh, Saudi Arabia Quest Search and Selection Full time

Ref: 2309-111017_17 | Negotiable | Location:Riyadh, Saudi Arabia | Added:23/11/23

Job Opportunity: Finance & Accounting Specialist (Sports Industry)

We are partnering with our key client in the dynamic Sports industry to recruit a Finance & Accounting Specialist. If you have a passion for finance and sports, this is an exciting opportunity to join a dynamic team.

**Responsibilities**:

Manage the general ledger, accounts payable, accounts receivable, and all accounting functions, ensuring compliance with Group Accounting policies.
-Provide reliable, quality, and timely statutory and management reporting.
-Enforce effective internal controls for audit compliance.
-Assure effectiveness in collection, expenses, inventory evaluation, and purchasing processes.
-Ensure consistency between bank statements and the general ledger bank account.
-Oversee local tax filing and compliance with fiscal and statutory requirements.
-Provide training, coordination, and guidance to finance and local management teams.
-Set up proper accruals and bookings in a timely manner during closing activities.

Support Finance Manager in:

Analyzing risk levels and balancing business opportunities with risk levels.
-Negotiating payment terms and collections with the Sales Team.
-Implementing Company Credit Management procedures per local requirements and HQ guidelines.
-Managing timely overdue accounts receivables, adopting correct collection procedures, and monitoring insolvent positions.
-Minimizing overdue recovery targets and coordinating external consultants/lawyers.

Quest Search and Selection is acting as an Employment Agency in relation to this vacancy.


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