Financial Accountant

3 days ago

Hofuf, Saudi Arabia DP World Full time

Part of the responsibility will be on
- Assist in preparation of accurate vessel and company budgets, forecasts and report result to internal and external stakeholders in a timely and consistent manner.
- Ensure timely closure of monthly accounts (Intercompany entries, journal entries, P&L cost analysis, balance sheet schedules, variance analysis etc.)
- Assist with the maintenance of relevant financial systems and their integrity.
- Assist with ensuring compliance to local taxes (WHT, CIT, VAT) and prepare monthly Saudi tax compliance report.
- Assist with the management of internal and external audits, audit requests, also provides necessary supporting.
- Maintain close financial controls over operational budgets and the processes by which they are drawn up
- Coordinate with central shared services in getting the required financial and procurement services on time.
- Maintain petty cash for local expenses in KSA and adherence to MOA.
- Ensure timely and accurate payments to local vendors and to arrange cash to masters, bank guarantees and bank confirmations.
- Quarterly IKTVA compliances report to be submitted to Aramco, yearly IKTVA audit and audit report to be upload.
- Should able to provide all necessary details regarding tax/VAT/WHT assessment of any previous years.
- Quarterly CIF data to be submitted to local tax authority in the required format.
- Raise timely and accurate customer invoices (all types of income including fuel, back charges and intercompany) for assigned fleet.
- Communicate with clients about billing discrepancies and questions.
- Engage management over any AR related issues.
- Initiate collections on past-due accounts through ageing analysis.
- Prepare debtors report with reasons of delay in collections.
- Prepare utilization reports as required.
- Maintain accounting ledgers.

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