Accountant

We are a reputed well know foreign healthcare facilities looking to hire a professional senior accountant with a minimum 7 years experience.

**Responsibilities**:

- Financial Recording & Bookkeeping
- Compile and reconcile all ledger account balances to prepare an accurate, properly classified periodic trial balance.
- Record all financial transactions in compliance with accounting standards and company policies.
- Maintain up-to-date ledgers, journals, and supporting financial records to ensure data integrity.
- Reconciliation
- Perform daily reconciliations of bank statements, accounts payable, and accounts receivable to ensure accuracy and resolve discrepancies promptly.
- Maintain reconciliations for accrual costs, prepayments, VAT, income tax, Zakat, and other provisions.
- Investigate and resolve account variances to ensure accurate financial data.
- Financial Reporting
- Prepare monthly financial statements, including balance sheets, income statements, and cash flow statements.
- Ensure timely and accurate monthly reporting in line with company and regulatory requirements.
- Support the preparation of specialized reports such as job costing analysis, client profitability analysis, and revenue vs. cost comparisons.
- Accounts Receivable & Accounts Payable
- Oversee accounts receivable collection and accounts payable payment processes, ensuring timely collection and timely payments processing.
- Track and follow up on receivables and payables weekly.

Prepare a weekly payment list for review and processing every Wednesday.
- Cost Accounting
- Implement and maintain a cost accounting system to monitor job costs and assess profitability.
- Analyze variances between estimated and actual costs, providing insights for improvement.
- Team Leadership
- Conduct performance evaluations to align team objectives with departmental and company’s goals.
- ERP Systems & Process Improvement
- Optimize the use of the company’s ERP system to improve efficiency in financial operations.
- Identify and implement process enhancements to streamline workflows and increase accuracy.
- Taxation & VAT
- Ensure compliance with financial regulations, including VAT, income tax, Zakat, and withholding tax requirements.
- Prepare and assist tax consultants in the submission of VAT and WHT filings, ensuring accuracy and timeliness.
- Vendor & Client Relations
- Manage financial interactions with vendors and clients, including invoice issuance, payment processing, and dispute resolution.
- Coordinate with internal teams to address financial matters promptly and effectively.
- Audit Support
- Prepare and provide documentation and explanations required for external audits.
- Address audit findings and implement corrective actions to strengthen financial controls.

**Required Skills**:
1- Work experience
- Minimum of 7 years of professional experience in a reputable Saudi organization.
- At least 2 years in a senior or supervisory role.

2- Academic qualifications
- BS degree in accounting or equivalent, from a renowned university.

3- Technical/Computer skills
- Ability to generate and analyze accounting work and reports.
- Strong understanding of the International Financial Reporting Standards.
- MS Office (Excel, Word, PowerPoint ) and other accounting software.

4- Interpersonal and other skills
- Excellent verbal and written communication skills in both English and Arabic.
- Ability to work effectively under pressure, meet deadlines, and maintain high attention to detail.
- Excellent communication skills and cooperation with colleagues.

Job Location: Riyadh

Pay: ﷼8,000.00 - ﷼10,000.00 per month