Certified Public Accountant📣 Job Ad

Join Alkhorayef Group as a Financial Accountant!
Are you ready to take your accounting career to the next level? At Alkhorayef Group, we are seeking a dedicated Financial Accountant to join our dynamic team and contribute to our continued success in the oil and gas services industry.

Key Responsibilities:

• Bank Reconciliations: Perform regular reconciliations of multiple bank accounts. Investigate and resolve discrepancies in a timely manner, ensuring all transactions are properly recorded.
• Accounts Payable: Process and review supplier invoices and payments. Monitor aging reports and manage payment cycles efficiently while liaising with vendors to resolve billing issues.
• Employees Accounts Analysis: Review and reconcile employee-related accounts, ensuring timely posting and accuracy of financial transactions. Assist in payroll accounting as needed.
• ERP System Management: Manage financial data within Oracle R12 or Oracle Fusion, generating reports and ensuring adherence to internal controls and financial policies.

Qualifications & Skills:

• Bachelor’s degree in Accounting, Finance or a related field.
• Minimum 2 years of experience in a similar role.
• Active SOCPA membership is required.
• Experience with Oracle R12 or Oracle Fusion ERP systems.
• Strong understanding of accounting principles and financial reporting.
• Proficient in Microsoft Excel and financial data analysis.
• Excellent organizational and problem-solving skills.
• Effective communication and interpersonal skills.

Preferred Qualifications: Professional certification (*, CPA, CMA, ACCA) is a plus, as is experience in a multinational organization.

At Alkhorayef Group, we prioritize customer satisfaction and provide a comprehensive approach to solutions. Join us to be part of a team that values growth and development!

Join Red Sea Global Hospitality and become part of a team leading the change in responsible development and regenerative tourism.

About Us
Welcome to the next generation of hospitality excellence. We're on a mission to recruit the finest in our industry - seize the opportunity to become part of this pioneering team. Our ethos is deeply rooted in Respect, Responsibility, Passion, and Collaboration, values that guide us in creating extraordinary experiences for our guests and a thriving workplace for our team. We offer more than just a job - we provide an opportunity to shape the future of luxury hospitality.

The Role
Manage the day-to-day functions of the Accounting Department. Assure that all books of records are maintained neatly and accurately in order to present timely, reliable financial information to Management.

Key Areas of Responsibilities

• Keep Balance Sheet reconciliation up-to-date for selected accounts identified by DOF. Ensure that adjustments are made on a timely basis.
• Ensure all books and records are maintained in a concise, easily understood manner.
• Ensure adequate documentation is maintained in an easily retrievable manner to support all transactions.
• Ensure that each function in the Accounting Department operates at peak efficiency.
• Schedule observation of monthly inventories by Accounting Personnel and participate in inventory count.
• With the General Cashier, count Cashiers safe once every week on a surprise basis as required by SOP, and share any finding with the DOF immediately.
• Ensure monthly closing is performed in a timely and accurate manner.
• Develop and implement plan to cross train all clerks to perform any position in the office.
• Perform analysis as required by the DOF.
• Provide assistance to DOF in a timely completion of Internal Audits.
• Reconcile selected A&L accounts identified by DOF on a monthly basis and adjust immediately if necessary.
• Participate in Forecast, Budget and Business Plan, CAPEX process with understanding of respective application.
• Ensure full review of A&L is being performed and approved by the DOF monthly and GM on a quarterly basis.
• Calculate accruals and prepayments as needed for the Hotel and ensure they are in compliance with the policy and the Uniform System of accounts.

In Return, What We Offer

• Exciting opportunities for personal and professional development at all levels, featuring targeted development programs aimed at equipping you for your next career move.
• Competitive compensation package.
• Access to exclusive perks, complimentary nights, and benefits within Red Sea Global Hospitality.
• Health Insurance coverage whilst in service.
• A supportive and inclusive work environment that values diversity and collaboration.
• Employee Recognition Programmes.
• Daily meals on duty and uniform dry-cleaning services.
• Year-round events of social, wellness programs, charity drives, and sports activities.

About BioLab Arabia Limited
BioLab Arabia Limited (BLA) is the exclusive manufacturer in the Kingdom of Saudi Arabia of antiscalant chemicals for thermal and reverse osmosis desalination plants. The company is dedicated to providing high-quality solutions for water treatment needs across the GCC region.

Position Summary:
The Accounting Supervisor / Chief Accountant is responsible for overseeing the financial operations of the toll manufacturing company, ensuring accurate financial reporting, compliance with accounting standards, and efficient management of financial processes. This role involves analyzing financial data, preparing reports, assisting in preparing budgets, and providing Monthly Reporting to the Department’s Manager.

Key Responsibilities:

• Financial Reporting and Analysis: Prepare and analyze financial statements, including income statements, balance sheets, and cash flow statements; ensure compliance with applicable accounting standards and regulatory requirements; provide management with financial performance insights.
• Cost Accounting: Implement and maintain cost accounting systems specific to toll manufacturing operations; analyze production, costs, variances, and profitability to optimize manufacturing processes; monitor raw material usage, labor, and overhead costs.
• Budgeting and Forecasting: Assist in developing annual budgets in collaboration with other departments; prepare periodic financial forecasts to support business planning; monitor budget adherence and identify variances.
• Accounts Payable and Receivable: Oversee accounts payable and receivable processes, ensuring timely invoicing and vendor overdue payments; manage relationships with vendors and customers to resolve financial discrepancies.
• Compliance and Audit: Ensure compliance with tax regulations and company policies; liaise with external auditors and coordinate audit processes.
• Inventory and Fixed Assets Management: Monitor and reconcile inventory levels; track fixed assets, manage depreciation schedules.
• Process Improvement: Identify opportunities to enhance financial processes and systems; implement best practices in financial management.
• Team Leadership and Collaboration: Supervise and mentor junior accounting staff, providing training; collaborate with operations, procurement, and production teams.

Qualifications and Skills:

• Bachelor’s degree in accounting, finance, or a related field (CMA or equivalent certification preferred).
• 5+ years of experience in accounting, specifically in manufacturing or toll manufacturing.
• Proficiency in accounting software (MS Dynamics or QuickBooks) and advanced Excel skills.
• In-depth knowledge of cost accounting, financial analysis, and budgeting principles.
• Strong analytical and problem-solving skills; excellent communication skills.

Working Conditions:
Office-based role with occasional visits to manufacturing sites; may require extended hours during financial closing periods or audits.