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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.