Senior Accountant

About the Role

Kent is seeking a Senior Accountant to join their team in Al Khobar, Eastern Region. This is a full-time position, requiring 48 hours per week. The role involves managing accounting entries, invoices, and financial reporting to ensure accuracy and compliance with corporate deadlines and standards.

Key Responsibilities

• Manage all accounting entries to ensure accuracy and adherence to corporate deadlines.
• Oversee invoice preparation to ensure timely processing and compliance with commercial contract terms.
• Ensure accurate reporting and analysis of financial results.
• Effectively manage the accounting team.
• Calculate billing and cost rates, and analyze margins to manage profitability.
• Prepare and manage quarterly budgets and forecasts in collaboration with Business Management and the Finance team.
• Ensure compliance with the financial management framework within the individual’s sphere of control.
• Focus on cash collection, optimization of Days Sales Outstanding (DSO), and minimization of unbilled items, ensuring these balance sheet areas are reconciled, analyzed, and controlled.
• Liaise with external, internal, and client auditors.
• Coordinate with the business manager and contracts administrator regarding contractual aspects.
• Execute various ad hoc financial analyses and tasks as required.
• Assess IFRS applicability and compliance for projects in line with the latest standards and company accounting policies.

Qualifications and Experience

• Further education through College or University with a recognized accounting qualification.
• Preferably a Qualified CIMA / ACCA / CPA or equivalent.
• SOCPA Membership is required.
• A total of 5-10 years of experience, including 3-4 years in project accounting.
• Experience in budgeting and forecasting.
• Big 4 experience is preferable.

Required Skills and Knowledge

• Proficient user of Excel and PowerPoint; Power BI is a plus.
• Strong financial modeling skills.
• Proven people supervision and management skills.
• Good commercial knowledge.
• Experience with financial systems (*, Oracle Cloud).
• Excellent command of the English language in both oral and written communication.

Core Competencies

• Ability to form and maintain strong working relationships through business partnering.
• Willingness to drive improvements and share best practices.
• Effective verbal and written communication skills, with the ability to discuss issues clearly and concisely at all organizational levels.
• Ability to coach and mentor team members.

Work Environment and Compliance

The employee is expected to observe all Health, Safety, Sustainability, Environment, and Quality (HSSEQ) rules set by Kent, its clients, and the governing authorities of the host country.