Financial Accountant📣 Job Ad

Join DP World as a Financial Accountant
Be part of a global leader in transportation and logistics. We are looking for a skilled Financial Accountant to join our team in Al Khobar, Eastern Saudi Arabia. In this role, you will play a crucial part in managing and analyzing our financial operations.

Key Responsibilities:

• Assist in the preparation of accurate vessel and company budgets, forecasts, and reports for internal and external stakeholders.
• Ensure timely closure of monthly accounts, including intercompany entries, journal entries, P&L cost analysis, balance sheet schedules, and variance analysis.
• Maintain financial system integrity and ensure compliance with local taxes and prepare monthly Saudi tax compliance reports.
• Manage internal and external audits, providing necessary support.
• Maintain close financial controls over operational budgets and coordinate with central shared services for financial and procurement services.
• Ensure timely and accurate payments to local vendors, maintain petty cash, and adhere to MOA.
• Prepare quarterly IKTVA compliance reports and engage management over any AR-related issues.
• Raise accurate customer invoices for assigned fleet and communicate with clients regarding billing discrepancies.

Qualifications:
The ideal candidate will have a strong background in accounting, with experience in financial reporting and tax compliance. Excellent analytical skills and the ability to work with diverse teams are essential.

About DP World:
DP World is a global leader in logistics and supply chain management. We are committed to transforming trade and improving the quality of life for people around the world through innovative solutions.

About Us:
We are a well-established trading company based in Al Khobar, serving a wide array of sectors across Saudi Arabia and the GCC. With a reputation for reliability and innovation, we are expanding our strategic business operations and seeking a highly skilled and experienced Business Analyst to join our team.

Position Overview:
The Business Analyst will play a critical role in analysing complex business data, identifying trends, and providing actionable insights to guide company strategy and performance. The ideal candidate will have a deep understanding of trading environments, supply chain processes, and financial analysis, with a proven ability to influence key business decisions.

Key Responsibilities:

• Analyze business operations, financial performance, and market trends to identify areas for growth and improvement
• Work closely with management to develop strategic plans and support data-driven decision-making
• Design and implement KPIs, dashboards, and reporting tools for various departments
• Conduct in-depth cost-benefit analysis and ROI studies for new initiatives
• Identify and evaluate new market opportunities and operational risks
• Collaborate with cross-functional teams to enhance business processes and system efficiencies
• Prepare detailed business reports, forecasts, and performance reviews for leadership
• Assist in digital transformation initiatives, including ERP optimization and data integration

Qualifications:
Bachelor’s degree in Business Analysis, Business Administration, Finance, Economics, or Engineering.

Key Skills:

• Business Strategy & Modeling
• Financial Analysis & Budgeting
• Market & Competitor Research
• Data Visualization & Dashboarding (Power BI, Tableau, Excel)
• SAP
• Process Improvement & Change Management
• Excellent Communication & Presentation Skills
• Project Management
• Critical Thinking & Problem Solving
• Stakeholder Engagement & Collaboration

About Flowserve:
Flowserve is a world-leading manufacturer and aftermarket service provider of comprehensive flow control systems. Join a company whose people are committed to building a more sustainable future to make the world better for everyone. With over 16000 employees in 50+ countries, we combine our global reach with local presence. Our team challenges themselves to approach each situation with ingenuity and creativity to help provide our customers with the most innovative flow control products and services.

Role Summary:
Flowserve is looking for an experienced Cost Accountant who will report to the Finance Manager based locally and will work with a team. In this role, you will support a local accounting/finance structure, working directly with operations and assisting other facilities if needed.

Your Role:

• Month end reporting
• Perform month end close for Inventory/Purchasing and Accounts Receivable close and reconciliation
• Project accounting - monthly review of margins and processing
• Sales and margin analysis
• Processing month end journals including accruals, prepayments, and recharges
• Fixed Asset accounting
• Reconcile month end bookings
• Balance sheet reconciliations
• Management and ownership of standard costing system
• Data analysis for cost and manufacturing within the business
• Other duties as assigned

Your Profile:

• Strong Cost Accounting knowledge and experience
• General knowledge of accounting policies
• Proficiency in Excel and other MS Office products
• Clear and concise communication skills
• Ability to challenge the norm and seek better solutions/processes
• Systems knowledge: Oracle, BPC, SAP is beneficial
• BS or BA Degree in relevant field
• 35 years practical experience in Cost Accounting and POC Accounting