Accounting Manager

Overview

• Managing and developing financial accounting function and assume a leadership role within the organization to make sure all financial accounting, cost accounting and reporting activities are performed according to the company's reporting protocols and procedures.
• Full ownership of AL Arabia and AL RHQ financial statements.
• Internal control is responsible for all finance related processes.
• Responsible for ensuring that reporting and accounting systems comply with local laws, IFRS, ALMEA and Group Policies Key Tasks and Responsibilities:
• In this job the Accounting Manager will be responsible for:
• Responsible for driving adoption of strategic direction and ensuring implementation of the same within the Finance Department.
• Responsible for statutory and group accounting, book closing, reporting on monthly basis for all KSA entities ensuring data quality, compliance and timeliness.
• Preparation of financial reports, such as income statements, balance sheets, analyze deviations.
• Oversee the investment of funds, manage associated risks, supervise cash management activities.
• Disbursement and Accounting for Payroll, Bonus, Leave & EOSB and coordination with local and regional HR to comply with the local labour laws.
• Establish & monitor the implementation and maintenance of accounting control procedures ensuring compliance with statutory & group rules
• Responsible for Forecasting of Costs and Financial affairs of the companies.
• Responsible for cash flow management and management of associated risks.
• Responsible for upholding procedures for custody and control of assets, records, loan collateral, and securities, to ensure safekeeping.
• Coordinate risk and insurance programs of establishments to control risks and losses.
• Keep the ALMEA management up to date with new applicable legal requirements, rules and regulations in time and propose adequate action.
• Liaise and coordinate all relevant issues with the local banks.
• Prepare and execute financial and tax audits in close cooperation with the ALMEA finance management and the appointed audit firm.
• Ensure compliance with VAT, Income Tax, Payroll taxes and WHT regulations and monthly, quarterly and annual tax returns filing
• Ensure compliance with Transfer Pricing (DFCT, CbCr etc.) regulations
• Performance management, coaching and on job training of staff under area of responsibility
• Ad hoc tasks, initiatives and projects.