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Contract TypeContract TypeFull-time
Workplace typeWorkplace typeOn-site
LocationLocationDammam
Job Summary:
The Accounting Specialist will support financial accounting operations, including general ledger maintenance, financial reporting, compliance, reconciliation, and cost analysis. The role also includes accounts payable and receivable management, cash flow monitoring, tax compliance, and audit support, ensuring accuracy and timeliness in financial transactions while maintaining strong internal controls.

Key Responsibilities:
  • Budgeting & Financial Planning: Prepare annual budgets, quarterly management accounts, and ad-hoc reports, ensuring accurate financial planning and alignment with company objectives. Develop financial performance reports at the Business Unit level, highlighting cost/revenue trends and identifying areas requiring corrective action. Prepare projected financial statements based on approved budgets to provide visibility into future financial performance.
  • Financial Accounting & Bookkeeping: Maintain and update Wa'ed's general ledger, ensuring accurate recording of financial transactions in accordance with internal procedures, regulatory standards, and international accounting practices. Conduct monthly account reconciliations, analyzing account movements, clearing outstanding items, and ensuring accurate ledger balances. Review general ledger allocations, responding to queries from internal departments and preparing journal vouchers for necessary corrections or reclassifications. Control and monitor general ledger accounts, ensuring total debits and credits are reconciled, and all transactions align with accounting standards. Oversee fixed asset management, including classification, depreciation schedules, write-offs, and compliance with fixed asset accounting policies.
  • Accounts Payable: Process and verify invoices, cash calls, disbursements, advance payments, and other ad-hoc payments, ensuring accuracy, compliance with contractual terms, and adherence to processing deadlines.
  • Accounts Receivable & Collections: Prepare and track ageing reports, ensuring timely collection of outstanding receivables. Communicate collection updates to the operations team, assisting in follow-ups and resolution of overdue accounts.
  • Banking & Cash Management: Monitor daily cash positions and bank balances, ensuring sufficient liquidity to meet financial obligations. Prepare cash call requests to Saudi Aramco for funding needs. Coordinate with banks to obtain statements, investigating and resolving discrepancies or unexpected charges. Prepare bank reconciliations, ensuring alignment between financial records and banking transactions.
  • Financial Reporting & Audit Support: Prepare year-end financial statements and supporting documents, ensuring compliance with Wa'ed's accounting policies, chart of accounts, and accounting standards. Liaise with external auditors, providing necessary documentation and responses during audits. Assist in the preparation of VC valuations, loan provisioning, and other financial workings to support financial statement entries. Prepare financial stewardship reports, including KPI/LOI reporting to meet Saudi Aramco requirements.
  • Financial Due Diligence, Valuation & Reporting Support: Prepare promissory notes for entrepreneurs and conduct functional reviews or financial due diligence on loan and VC transactions. Develop familiarity with investee valuation exercises and the ability to conduct independent financial valuations using methodologies such as DCF, market comparables, and transaction analysis. Critically evaluate valuation assumptions, identifying risks, inconsistencies, or potential overstatements in financial projections.
  • Compliance, Policies & Internal Controls: Implement and maintain accounting policies, procedures, and internal controls, ensuring compliance with regulatory requirements. Support process improvements to enhance efficiency, accuracy, and cost-effectiveness in financial operations.

Working Conditions:
The Accounting Specialist will work in a dynamic and fast-paced environment, often under tight deadlines, with a supportive finance team. The position may occasionally require extended hours or weekend work to meet reporting deadlines.

Qualifications and general competencies:
  • Bachelor's degree in Accounting, Finance, or a related field
  • 510 years of relevant experience in accounting or finance
  • Partial or full pursuit of SOCPA, CPA, ACCA, CMA, or CFA certification is strongly preferred
  • Strong knowledge of accounting principles and financial reporting standards
  • Proficiency in accounting software and financial management tools
  • Excellent attention to detail and accuracy in financial reporting
  • Strong problem-solving skills and ability to work in a fast-paced environment
  • Ability to collaborate effectively within teams and work independently when needed
  • Strong communication written and presentation skills to interact with internal and external stakeholders
  • Ability to multitask while meeting deadlines and maintaining a high level of efficiency

Requirements

  • Requires 2-5 Years experience

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National Industrialization Company (TASNEE)

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Join National Industrialization Company (TASNEE) as a Quality Control Technician!
Are you looking to be part of a leading plastic product manufacturer in the Middle East? Located in Dammam, we export our products to over 30 countries and are known for delivering excellence through innovative manufacturing technologies.

About the Role:
As a Quality Control Technician, you will play a crucial role in maintaining product quality from raw materials to finished goods. You will report directly to the Sr. QC Supervisor and your responsibilities will include:
  • Conducting inspections of incoming raw materials.
  • Performing quality measuring tests across all product ranges.
  • Communicating deficiencies to the production team and quality manager.
  • Maintaining a proper lab environment for testing.
  • Inspecting finished goods post-production and prior to dispatch.
  • Preparing daily stock positions of storage racks.
  • Filling out checklists for various production lines to report any non-conformances.
  • Preparing batch reports and maintaining documentation for quality systems.
  • Carrying out assignments from the Quality Assurance Manager.
  • Involving in the validation of new raw materials, machines, or production lines.
  • Following quality standards, SOPs, and safety procedures (OHSAS 18001).

Qualifications:
To be considered for this role, you should have:
  • MSc in Chemistry or BE in Chemical Engineering or from a Plastic institute.
  • A minimum of 3 years of experience in a relevant position.

Skills:
The ideal candidate will possess:
  • Strong communication and presentation skills.
  • Proficiency in spoken and written English.
  • Competency in MS Word, Excel, and PowerPoint.

Join us and contribute to our mission of advancing economic diversification in Saudi Arabia!

breifcase2-5 years

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