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Contract TypeContract TypeFull-time
Workplace typeWorkplace typeOn-site
LocationLocationDammam
Position Title: Senior Accountant (SOCPA Certification)

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.

Requirements

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

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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.

breifcase0-1 years

locationDammam

about 8 hours ago