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Assistant Accountant

Varel Energy Solutions
KSA
Full-time
Entry
Onsite
Discovered 4 days ago
Bank account reconciliationCustomer invoicingSupplier invoice processing and paymentsFinancial recordkeepingJournal entries and general ledgerMonth-end and year-end closing

Full Job Posting

About the employer

Varel Energy Solutions manufactures and supplies downhole drilling and completions products to the energy sector.

Role summary

The Assistant Accountant maintains and reconciles bank accounts, issues customer invoices, and processes supplier invoices and payments.

The role maintains financial records and journal entries, supports month-end and year-end closing, and assists with audit documentation.

The role follows company safety policies and procedures.

Key duties

  • Maintain, update, and reconcile bank accounts and bank statements.
  • Issue customer invoices and upload invoices to customer portal sites.
  • Handle data entry, maintain financial records, and document company financial transactions.
  • Prepare and post journal entries to help keep the general ledger accurate.
  • Process invoices and manage vendor payments.
  • Support month-end and year-end financial statement closing.
  • Follow accounting principles, company policies, financial regulations, and tax laws.
  • Provide documentation and assistance to internal and external auditors.
  • Work with senior accountants and finance team members on tasks and projects.

Minimum requirements

  • Bachelor’s degree in Accounting, Finance, or a related field.
  • 1–3 years of relevant accounting experience.
  • Proficiency in Excel and the financial software used by the department.
  • Understanding of Saudi invoicing and tax regulations.
  • Awareness of IFRS and local statutory accounting standards.
  • Communicate accurately, clearly, and concisely in English.
  • Experience issuing and processing invoices and supporting month-end close is advantageous.

Competencies

  • Interpersonal, communication, and organizational skills.
  • Attention to detail and ability to meet deadlines, especially during month-end and year-end close.
  • Practical, objective problem-solving skills and discretion with confidential information.
  • CMA, ACCA, or equivalent professional certification in progress or completed is preferred.

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