Financial Project Accountant Professional

5 days ago


Riyadh, Ar Riyāḑ, Saudi Arabia Saudi Petroleum Services Polytechnic Full time
Job Description

We are seeking a highly skilled Senior Accountant Projects to join our team at Saudi Petroleum Services Polytechnic. In this role, you will be responsible for ensuring the financial integrity of our projects by monitoring all transactions related to projects.

  • Purpose: Ensure that all transactions are recorded accurately and in compliance with company policies and procedures.

Key Responsibilities:

  1. Contract Management: Study client contracts and ensure that sales invoices are issued based on payment terms in the contract.
  2. Collections and Payments: Ensure that all collections are recorded either through the treasury or bank, and that payments for due vendor invoices are issued based on payment terms.
  3. Vendor Invoice Management: Follow up with BU to finalize all vendor invoices received due to completed progress, and ensure finalization of all vendor invoices in the system after approval from BU.

Reporting and Analysis:

  • Aging Report: Prepare the aging report and discuss it with BU to identify any potential issues.
  • Shortage Billing Report: Prepare the shortage billing report based on actual POC and discuss it with BU.

Banking and Treasury:

  • Daily Reconciliation: Check daily statements of account for all banks and ensure there are no risks in bank transactions.
  • Treasury Reconciliation: Ensure daily reconciliation with treasury, find differences, and follow up to record pending transactions from all sides.

Education and Experience:

  • Education: Bachelor's Degree in Finance or Accounting.
  • Experience: 5-10 years of experience in Projects.
  • Skills: Strong accounting skills, good knowledge of Saudi regulations, and experience with ERP systems (SAP).


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