Accountant

Overview

Roles & Responsibilities

• Define payment execution banks and funds receipts together with the Treasury Operations Manager for the different projects or departments.
• Develop banks payment plan for vendor payments, to be approved by the Treasury Operations Manager.
• Execute approved suppliers' payments via internet banking/manual forms.
• Obtain payment receipts and circulate them internally or to vendors when needed.
• Handle the LGs and LCs applications with banks and stakeholders.
• Ensure sufficient funds availability for loan installments due payment & interest charges.
• Review installments and interest on bank statements versus treasury reports.
• Update loan reports based on statements actual figures and circulate monthly updated reports.
• Request/download bank account statements from banks/banking portals.
• Perform bank reconciliations, check variances and adjust records as needed.
• Create monthly closing journal entries related to bank expense, FX difference, interest expense and loan installments.
• Communicate bank reconciliation variances and open items with the Treasury Operations Manager.

Qualifications

• Bachelor's degree in accounting, finance.
• 2-3 years of experience in accounting preferably within the same industry.
• Valid membership with the Saudi Organization for Chartered and Professional Accountants.

Skills & Competencies

• Strong knowledge of ERP (preferably Oracle Fusion, SAP and/or MS Dynamics).
• Advanced Microsoft Office Skills.
• Strong accuracy and attention to details.
• Good analytical and organizational capabilities.
• Good knowledge of GAAP and/or IFRS.
• Good Command of spoken and written English language.