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Contract TypeContract TypeFull-time
Workplace typeWorkplace typeOn-site
LocationLocationDammam
About AZAQ:
We are a diversified business group with presence in a number of sectors including automotive and mobility, consumer goods, supply chain and logistics, industrial and technology solutions, real estate, and financial services.

Job Summary:
Job Title: Associate Accountant
Department: Accounting
Location: Dammam, KSA

Job Purpose:
To assist in the accurate and efficient maintenance of financial records and contribute to the overall financial health of the organization.

Job Responsibilities:
  • Recommend improvements to departmental policy and direct the implementation of procedures and controls covering all related activities
  • Prepare & process all kinds of payments * expenses, suppliers, recurring, etc.
  • Intimate the beneficiary on payments and obtain acknowledgment of receipts
  • Prepare month-end JVs - Accruals / Prepayments
  • Record all expenses of Riyadh, Jeddah, and Dammam offices at the end of every month
  • Prepare all kinds of receipt vouchers in GL
  • Prepare transactions related to loan settlement, new loan, loan rollover, accrual (Sons of AZAQ)
  • File vouchers and other finance documents properly
  • Maintain accounting records file in an organized manner
  • Maintain the archive rooms properly
  • Perform other job-related projects and/or assignments that he/she might be asked to do by his/her direct supervisor/manager for special assistance that are often not mentioned in this job description as they arise under specific circumstances

Desired Qualifications & Experience:
  • Bachelor’s Degree in Finance / Accounting
  • 02 years of experience
  • Good to have (CPA/SOCPA)
  • Fluency in Arabic and English is a must

We are seeking a meticulous and detail-oriented accountant with a proven track record of accurate financial reporting. The ideal candidate will possess strong analytical skills and experience working with various accounting software and platforms.

Requirements

  • Open for all nationalities
  • Requires 0-1 Year experience
Saud

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Experience Level: Senior (5+ years)

Certification: SOCPA (Saudi Organization for Certified Public Accountants)

Position Summary:
Accountable & responsible for applying accounting principles and procedures as per standard accounting practices and to analyze financial information, prepare accurate and timely financial reports and statements and ensure maintaining appropriate accounting control procedures.

Major Responsibilities:
  • Ensure financial records are maintained in compliance with accepted policies and procedures.
  • Preserve the documents related to the transactions in a neat and professional way for easy retrieval.
  • Responsible to execute the respective functionalities of AR, GL by Department Manager.
  • Reconciliation of all Control accounts as and when required on a continual basis.
  • Reconciling account balances and bank statements, maintaining general ledger and preparing month-end close procedures.
  • Coordinate and follow up with related stakeholders for timely accounting of all transactions generating from all cross-functional modules.
  • Verifying, allocating, posting and reconciling accounts receivable.
  • Producing error-free accounting reports and present their results.
  • Analyzing financial information and summarizing financial status.
  • Spot errors and suggest ways to improve efficiency and spending.
  • Provide technical support and advice on Management Accountant.
  • Review and recommend modifications to accounting systems and procedures.
  • Manage accounting assistants and bookkeepers.
  • Participate in financial standards setting and in forecast process.
  • Provide input into department’s goal setting process.
  • Extend support to the Section Heads for smooth and timely month-end & year-end closing process.
  • Develop and document business processes and accounting policies to maintain and strengthen internal controls.
  • Ensure compliance with GAAP principles & applicable Saudi rules & regulations.
  • Liaise with Department Manager, Chief Accountant & Section Head to improve financial procedures.
  • Extending support to the Section Head in resolving accounting discrepancies & irregularities.
  • Ensure timely capturing of all entries in system.
  • Ensure compliance of documentation and process according to company policy/procedures, ISO standards and Saudi law.
  • Develop effective relationships with the business to promote good relations across the organization.
  • Participate in internal & external audit and ensure Finance records and team available for audit.
  • Address Finance related queries and requests from employees.
  • Identify process improvement initiatives and define standards for new processes and suggest necessary effective enhancements.
  • Define, identify Non-SAP data records and ensure weekly backup for availability of frequent reports.

Other Responsibilities:
  • To follow all legitimate instructions of superiors related to job.
  • Maintain good relationship with internal & external stakeholders.
  • Assist Section Heads in achieving the Finance department’s objective & goals.
  • Instrumental in maintaining a robust and reliable system commensurate with Company policies and regulatory requirement.
  • Responsible for meeting set targets and objectives as well as the financial performance.
  • Ensure high standards of confidentiality to safeguard commercially sensitive information.
  • Attend meetings if required.
  • Comply with legitimate instruction & the requirements issued by Manager and company from time to time.
  • Follow company code of conduct, local customs & Saudi Law.

Required Competencies:
  • Experience in the financial sector with previous possible similar roles.
  • Proficient user of finance software.
  • Strong interpersonal, communication and presentation skills.
  • A solid understanding of financial statistics and accounting principles.
  • Working knowledge of all statutory legislation and regulations.

Required Work Experience: 58 years of experience in Finance domain preferably from the manpower supply, Oil and Gas or Petrochemical sectors & SAP Knowledge will be an added advantage.

Education/Qualification Requirements:
  • Bachelor’s degree / Master Degree in Finance/Accounting.
  • Any higher education qualification or certification will be an added advantage.

breifcase0-1 years

locationDammam

3 days ago