Certified Public Accountant📣 Job Ad

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: Senior Accountant
Department: Accounting
Location: Dammam, Saudi Arabia

Job Purpose
To manage and oversee the daily operations of the accounting department, ensuring the accuracy and integrity of financial records, compliance with regulations, and the provision of insightful financial information to support business objectives.

Job Responsibilities

• Manage and oversee the daily operations of the accounting department.
• Reconcile and close all sub-modules (*, AR, AP, FA) with the General Ledger balance at period end.
• Continuously analyze and evaluate the recording of financial transactions, journal entries, and ledger postings, including accounts receivable, accounts payable, and fixed assets.
• Ensure timely and accurate processing of accounts payable and receivable.
• Manage customer invoices and statements, confirm reconciliations, and address any discrepancies.
• Handle external vendor invoices, confirm reconciliations, and address any discrepancies.
• Collaborate with other departments to support overall business objectives.
• Conduct month-end and year-end close processes.
• Prepare and review financial statements, ensuring compliance with accounting standards and regulations.
• Analyze financial data and provide insights to management for decision-making.
• Coordinate and complete annual audits.
• Supervise and mentor accounting staff.

Desired Qualifications & Experience

• Bachelor's degree in Accounting, Finance, or related field.
• CPA or equivalent certification preferred.
• Minimum of 45 years of accounting experience, with at least 2 years in a senior role.
• Strong knowledge of accounting principles and practices.
• Proficiency in accounting software and Microsoft Office Suite.
• Excellent analytical and problem-solving skills.
• Strong attention to detail and accuracy.
• Effective communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Fluency in Arabic & English (written and spoken).

We are seeking a highly motivated and enthusiastic Senior Accountant who is eager to leverage their expertise and contribute significantly to our finance team. The ideal candidate will be detail-oriented, proactive, and possess a strong work ethic, coupled with a proven ability to manage complex accounting tasks and provide insightful financial analysis.

Join PetroRaq Engineering as an Accountant Executive!
PetroRaq Engineering is a leading Design & Construction EPC company that excels in delivering high-quality engineering solutions. We are on the lookout for a dynamic and detail-oriented Accounts Executive to support our financial operations.

Key Responsibilities:

• Manage daily accounting transactions and maintain accurate financial records.
• Handle banking operations, including Letters of Credit (LC) and Letters of Guarantee (LG) documentation.
• Reconcile bank statements and ensure timely processing of payments.
• Assist in the preparation of financial reports and monthly closing statements.
• Coordinate with banks and financial institutions for LC and LG applications and amendments.
• Ensure compliance with company policies, accounting standards, and local regulations.
• Collaborate with internal departments to support project cost management.
• Maintain vendor invoices, payment schedules, and expense reports.
• Support audit preparations and provide relevant documentation.

Qualifications & Skills:

• Bachelor's degree in Accounting, Finance, or a related field.
• Minimum 35 years of experience in accounting roles.
• Fluent in English (written & spoken).
• Proficiency in accounting software (*, QuickBooks, SAP, or similar).
• Mandatory experience in Banking LC & LG operations.
• Strong knowledge of financial regulations and tax compliance.
• Excellent communication and organizational skills.
• Ability to work independently and meet deadlines.

Why Join Us:

• Be part of a growing and dynamic organization.
• Work in a collaborative and professional environment.
• Competitive salary and career growth opportunities.

Position Overview:
We are seeking an experienced Senior Accountant to join our team in Dammam. The ideal candidate will have 35 years of experience, specifically within the healthcare or clinic sector, and possess strong knowledge of accounting with expertise in financial accounting, budgeting, planning, cost allocation, and financial reporting. This role is important in managing daily accounts, preparing financial reports, cost management, and ensuring the accurate allocation of expenses across different revenue streams.

Key Responsibilities:

• Financial Accounting: Ensure that all financial accounting activities are performed in compliance with applicable rules, regulations, and standards such as IFRS and GAAP. Manage general accounting operations, including the accurate recording of revenues, costs, and expenditures.
• Budgeting & Planning: Lead the budgeting and planning process, collaborating with Departments to develop accurate financial forecasts and ensure alignment with the company’s strategic goals. Monitor performance against the budget, analyze variances, and recommend corrective actions where needed.
• Cost Allocation & Management: Manage the allocation of costs across departments and revenue streams. Ensure that costs are accurately assigned to the appropriate cost centers, and also analyze cost structures to improve efficiency and profitability.
• Closing and Financial Reporting: Oversee the monthly closing process to ensure timely and accurate accounting and reporting. Prepare financial statements and reports that provide insights into the company’s financial stability, liquidity, and profitability.
• Cash Flow Management: Prepare and manage cash flow reports to ensure adequate liquidity and financial stability. Monitor cash positions, forecast future cash requirements, and take appropriate actions to optimize cash flow.
• Management Reporting: Present accurate and timely reports to senior management, highlighting key financial trends, variances, and performance metrics. Provide insights to support decision-making and strategic planning.

Qualifications & Requirements:

• Education: Bachelor’s Degree in Accounting, Finance, or a related field.
• Experience: 35 years of relevant accounting experience, with a strong preference for healthcare industry experience.
• Professional Certification: CA, CMA, ACCA, or other relevant professional certifications, or individuals who are inter-qualified, are also welcomed.
• Skills: Strong knowledge of accounting principles and financial reporting standards (IFRS and GAAP), proven experience in budgeting, financial planning, and cost allocation, ability to prepare detailed and accurate financial statements and reports, strong analytical and problem-solving skills.