Accountant

About the Role

Advanced BioCatalytics Industries Company (ABCI) is seeking an Accountant to join their team in Dammam, Eastern, Saudi Arabia. This full-time role is essential for managing daily accounting operations and ensuring financial accuracy. The ideal candidate will have 2-5 years of experience in accounting.

Role Purpose

The Accountant is responsible for executing day-to-day accounting activities. This includes general accounting tasks such as preparing journal entries, maintaining balance sheet schedules and ledgers, and performing account and bank reconciliations. The role also covers managing liabilities and assets, income and expenditures, accounts receivable and payable, the general ledger, and cash and liquidity needs.

Key Responsibilities

• Review purchase orders, cheque requests, and other related documentation for completeness and compliance with financial policies.
• Perform reconciliation of general ledger accounts, reports, and financial transactions.
• Prepare and record asset, liability, revenue, and expense entries by compiling and analyzing account information.
• Summarize financial status by collecting information and preparing balance sheet, profit and loss, and other statements.
• Participate in balancing and reconciling statements of accounts, including bank reconciliations.
• Post all entries in the related general ledger (hard and soft GL) and provide analysis and reports for open line items.
• Reconcile GL Accounts, prepare action-triggering schedules, and resolve issues in consultation with the Chief Accountant.
• Support the Chief Accountant & Finance Manager in the yearly closing of books of accounts.
• Prepare payments by verifying documentation and requesting disbursements.
• Review invoices for accuracy, sort documents, and process invoices for payment.
• Process credit application requests and maintain relevant documentation for approved credit deals.
• Ensure proper posting of entries related to inter-company cash transfers.
• Process payments to vendors and suppliers within established time limits, ensuring correct expense booking.
• Prepare "due invoices" reports for approval and timely payment processing.
• Ensure timely and appropriate payment of all staff cash/cheque payments/settlements.
• Ensure accuracy and adequacy of accounts payable records and documentation.
• Reconcile vendor balances and create monthly accruals.
• Register invoices, check received invoices, and ensure timely payment as per contractual due dates.

Experience and Work Type

This is a full-time position requiring 2-5 years of relevant experience in accounting roles. The role demands a strong understanding of financial policies and procedures.

Location

The position is based in Dammam, Eastern Province, Saudi Arabia.

Application Process

Qualified candidates are encouraged to apply. Salary details will be discussed during the interview process.