General Accountant

in Premier Globe International Trading Company

11 days ago

	Salary	2,500 SR / Month
	Contract Type	Full-time
	Workplace type	On-site
	Location	An Nur, Dammam

The Spare Parts Accountant is responsible for overseeing the financial management of spare parts and inventory, ensuring proper accounting practices are followed, and maintaining accurate records. This role ensures the efficient tracking of spare parts stock, cost analysis, and financial reporting in line with company policies and industry regulations.

Key Responsibilities:

Inventory Management:

Monitor and reconcile spare parts inventory, ensuring accurate stock levels.
Maintain records of spare parts purchases, sales, and usage.
Perform regular stock counts and resolve discrepancies between physical and system inventories.

Financial Reporting:

Prepare and analyze financial reports related to spare parts, including cost of goods sold (COGS) and inventory valuation.
Provide monthly, quarterly, and annual reports to management, highlighting any trends or concerns.
Assist in preparing annual budgets for spare parts inventory and forecast future needs.

Cost Control and Analysis:

Track and control the cost of spare parts inventory, identifying areas for cost reduction or efficiency improvements.
Ensure that parts are purchased at the best prices without compromising quality.
Analyze pricing trends and propose adjustments to optimize margins.

Accounting Entries:

Ensure proper accounting of all spare parts transactions, including purchases, sales, and stock adjustments.
Reconcile accounts and ensure all transactions are accurately recorded in the general ledger.
Assist in managing accounts payable and accounts receivable related to spare parts suppliers and customers.

Compliance and Audits:

Ensure compliance with financial regulations and company policies regarding spare parts accounting.
Prepare for and assist in internal and external audits, ensuring all documentation is accurate and up-to-date.
Maintain proper documentation of all spare parts-related financial transactions for auditing purposes.

Collaboration and Support:

Collaborate with procurement, warehouse, and operations teams to streamline inventory processes and improve spare parts availability.
Provide financial advice and support to management regarding spare parts strategies, budgeting, and procurement decisions.

Qualifications:

Bachelor's degree in Accounting, Finance, or a related field.
Proven experience in accounting or financial management, preferably in an inventory-based environment (such as spare parts, manufacturing, or logistics).
Strong understanding of accounting principles and inventory management systems.
Proficiency in accounting software (*, SAP, Oracle, or similar) and Microsoft Excel.
Attention to detail and strong analytical skills.
Excellent communication and organizational skills.

Skills and Attributes:

Ability to work under pressure and meet deadlines.
Strong problem-solving skills and attention to detail.
Knowledge of industry best practices and regulations regarding inventory and cost accounting.
Ability to work independently and as part of a team.

Working Conditions:

Office-based role with potential for some time spent in warehouses or with procurement teams.
Full-time position, Saturday to Thursday , with occasional overtime during peak periods (*, financial year-end or audit time).

Requirements

Requires 2-5 Years experience
Intermediate in English

About Premier globe international trading company

Retail

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Accounting and Management Job Tasks

First: Accounting Tasks
1. Managing financial accounts: Recording daily financial transactions and preparing periodic financial reports.
2. preparing budgets and financial reports: Preparing the balance sheet, calculating profits and losses, and cash flow reports.
3. Managing accounts receivable: Following up on outstanding invoices and ensuring timely payment collection.
4. Payroll processing: Preparing payroll, calculating entitlements, allowances, deductions, and ensuring timely transfer of salaries.
5. Tracking taxes and legal obligations: Preparing tax declarations and ensuring compliance with financial and legal regulations.
6. Monitoring inventory and purchases: Auditing purchasing operations and accurately recording costs.
7. Preparing analytical reports: Providing periodic reports on financial performance and suggestions for improving financial efficiency.
8. Coordinating with external auditors: Preparing the necessary documents for financial audits and ensuring the accuracy of records.

Second: Administrative Tasks
1. Managing correspondence and communications: Handling emails, official correspondence, and responding to inquiries.
2. Organizing files and records: Storing financial and administrative files in an organized manner for easy access when needed.
3. Supervising daily operations: Monitoring the flow of administrative work and ensuring compliance with internal regulations.
4. Tracking staff affairs: Recording attendance and departure, monitoring vacations, and preparing human resources reports.
5. Coordinating between different departments: Ensuring the flow of information between departments to ensure efficient workflow.
6. Appointing meetings and administrative reports: Preparing presentations, recording meeting minutes, and organizing agendas.
7. Dealing with suppliers and clients: Following up on orders, issuing invoices, and negotiating with suppliers for the best offers.
8. Compliance with regulations and laws: Ensuring that all administrative and financial transactions are conducted in accordance with the governing regulations.

Required Skills
• Attention to detail and accuracy.
• Financial data analysis skills.
• Proficiency in accounting programs such as SAP, QuickBooks, or Excel.
• Strong administrative and organizational skills.
• Ability to work under pressure and manage priorities.
• Excellent communication skills.

If you need a more customized description based on the type of organization activity, let me know!

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