Assistant Accountant

2 weeks ago


Riyadh, Saudi Arabia Falla Restaurants Full time

_**Assistant Accountant (Junior Position)**_

Key Responsibilities:

- Prepare and maintain accurate financial records, including general ledger entries, bank reconciliations, and accounts payable and receivable.
- Prepare and present monthly quarterly, and annual financial reports to management, including profit and loss statements, balance sheets, and cash flow statements.
- Analyze financial data to identify trends, variances, and areas for improvement.
- Develop and implement financial policies and procedures to ensure compliance with relevant laws, regulations, and accounting standards.
- Coordinate with other departments to ensure the accuracy and completeness of financial data, including inventory management and cost of goods sold.
- Oversee the preparation of VAT Filing and ensure compliance with laws and regulations.
- Manage the accounts payable, including vendor payments.
- To ensure ERP is used in the proper manner and as per best practices.
- Ensure the accuracy and completeness of payroll records and oversee the payroll process.
- Train and supervise accounting staff, providing guidance and support as needed.
- Respond to all queries related to financial matters.
- Assist in the preparation of yearly budgets.
- Reconciles assigned balance sheet accounts, such as inventories, prepaid deposits, and sub-tenant receivables; reconciles subsystem with General Ledger.
- Responsible to prepare cash flow on a fortnightly basis to ensure the funds.
- Preparation of MIS report to monitor the efficiency of performance.

**Requirements**:

- Bachelor's degree in accounting or a related field.
- ACCA/CA/CPA designation is preferred.
- 3+ years of experience in accounting or financial management, preferably in the restaurant industry.
- Strong knowledge of accounting principles and practices, including GAAP.
- Proficiency with ERP i.e., Odoo Enterprise and Microsoft Office Suite.
- Excellent analytical and problem-solving skills.
- Strong communication and interpersonal skills.
- Ability to work independently and prioritize tasks effectively.
- Attention to detail and a commitment to accuracy.
- Ability to exercise sound judgement and decision-making skills.
- Excellent written and verbal communication and comprehension skills.
- Ability to work well under pressure and effectively handle multiple concurrent demands and appropriately prioritize responsibilities
- Ability to learn and perform all essential job functions accurately and safely with mínimal direct supervision, within the initial training period after the employee begins work.
- Valid UAE driving license is preferred but not mandatory.

**Salary**: From ﷼1.00 per month

Application Question(s):

- Do you have Restaurant/Hospitality Industry experience in the UAE?

**Experience**:

- KSA: 5 years (required)

Willingness to travel:

- 100% (required)


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