Financial Management Professional
5 days ago
About the Position
The HEIGHTS Company seeks a highly skilled Senior Accountant to join our finance team in Saudi Arabia. As a key member of the team, you will play a crucial role in ensuring the accuracy of financial records, managing the month-end and year-end closing processes, and supporting the finance department with financial reporting.
Key Responsibilities:
- Prepare and review financial statements, ensuring compliance with IFRS and local Saudi accounting regulations.
- Analyze financial transactions for accuracy and compliance with accounting principles and company policies.
- Develop and present management reports and financial analysis for internal stakeholders.
- Manage the month-end and year-end closing processes, including reconciliations, journal entries, and accruals.
- Ensure accurate and compliant balances within accounting standards and internal controls.
- Support internal and external audits, providing documentation and responding to audit queries.
- Assist with tax return preparation, including VAT filings, and ensure compliance with Saudi tax regulations.
- Stay up-to-date with tax law changes in Saudi Arabia and adjust financial reporting practices accordingly.
- Perform bank reconciliations and resolve discrepancies.
- Reconcile accounts payable and accounts receivable to the general ledger.
- Assist with cash flow forecasting and management.
- Ensure VAT compliance according to ZATCA requirements.
- Support VAT return preparation and submission in accordance with deadlines.
- Contribute to budget preparation and financial forecasting.
- Monitor performance against the budget and suggest financial improvements.
- Improve accounting processes and workflows to enhance efficiency.
- Collaborate with cross-functional teams to optimize financial reporting and compliance.
- Work with internal departments to ensure smooth financial processes.
- Provide guidance to junior accountants and accounting assistants.
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