Chief Accountant

3 weeks ago

Hofuf, Saudi Arabia Pipecare Group Full time

**PIPECARE Group **of Companies - the leading provider of inline inspection services in Oil&Gas field - is looking for the **Chief Accountant [for Middle East]** to join our Team.

The position is responsible for reviewing and monitoring day-to-day accounting activities of PIPECARE and its Subsidiaries up to the issue of financial statements and will be reporting to the Finance Manager.

**Key Responsibilities & Authorities**:

- Supporting Accounts Payables & other Accountant for reviewing the Financial Accounting functions to ensure the accuracy of accounts.
- Maintain accounting up to date and posting all the accounts transactions
- Maintaining positive spirit with his team and supporting them
- Ensure all payments made are made according to company policy & procedures
- Processes and overseeing payroll operations
- Reviewing the Leave salary, gratuity, final settlement
- Reviews all payments and approvals
- Reviewing the schedule related to assets additional/deletion
- Reviews all accruals for expenses
- Allocation of tool capitalization costs
- Allocation of general costs to projects
- Processes insurance requirements
- Reviewing the bank guarantees, L/C’s and other banks documents before sending to the bank.
- Prepare monthly Balance Sheet, Income Statement, Cashflow, Statement of Equity
- Supporting the Regional Finance Manager for preparing the necessary documentation and reports for auditing
- Prepare monthly MIS pack
- Supervise and mentor financial subordinates
- Weekly meeting with the Regional Finance Manager to discuss any financial issues
- Timely preparation of financial statements and completion of audits
- Maintaining / reviewing periodically the financial policies/procedures and internal control system/procedures to make sure that his team considering that, and to raise the results report to the Regional Finance Manager
- Monitor and review accounting and related system reports for accuracy and completeness
- Analytical reviewing for the petty cash expenses and others cost and to raise the report to the Group Finance Manager
- Randomly get physical inventory items verified with books
- Monitoring the local Tax compliance and monthly report should be raised to the Regional Finance Manager
- Performs other duties as assigned by the Regional Finance Manager within the job role

**Skills/Experience required**:
The successful Chief Accountant holds ACCA, CA, CPA or equivalent. Oil and Gas background is a plus

It is essential you have a minimum of 5 years industry experience outside the profession

Capability to provide timely and accurate management reporting

Have excellent Excel and modeling skills alongside experience in communicating with senior stakeholders

**Accountability**:

- Keep up-to-date entries in Accounts
- Payments, Collection, and invoicing HO control
- Validation AP Vouchers
- Payroll review (monthly from HR)
- Review of outgoing payments
- Review and Maintain other Legal Entity Accounts
- Inventory Maintenance and Control
- Control functions of regional Chief Accountants.
- Yearly audit

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