Assistant Accountant📣 Job Ad

About the role:
We are looking for a detail-oriented and reliable Assistant Accountant to join our finance team at Al Rashed Food Company. This role will involve managing various tasks related to banking, petty cash, and supporting the Accounts Payable (AP) and Accounts Receivable (AR) functions. The ideal candidate should have strong organizational skills, a good understanding of accounting principles, and the ability to manage multiple financial duties with accuracy and efficiency.

Key Responsibilities:

• Bank-Related Matters: Perform daily reconciliation of bank statements, monitor bank accounts, process payments, and assist in managing cash flow.
• Petty Cash Management: Monitor and manage petty cash transactions, ensuring accuracy and compliance with company policies.
• Invoice Monitoring (AP & AR): Assist in processing and monitoring invoices, ensuring timely collections and communicating with vendors and clients regarding queries.
• General Accounting Support: Maintain accurate accounting records and assist with month-end and year-end closing procedures.
• Other Administrative Tasks: Maintain filing systems for financial records and assist with ad-hoc tasks as required.

Qualifications:

• A degree in Accounting, Finance, or a related field is preferred.
• Proven experience in accounting or finance roles, particularly in AP/AR tasks.
• Familiarity with accounting software and proficiency in Microsoft Excel.
• Strong attention to detail with excellent organizational and communication skills.

Preferred Skills:

• Knowledge of local tax regulations and financial reporting standards.
• Strong analytical and problem-solving skills.
• Ability to multitask and prioritize in a fast-paced environment.

Join Our Team at Alfanar!
We are seeking a dynamic and motivated individual to join our team as an Assistant Accountant within our real estate department. The ideal candidate will have 12 years of relevant experience and a strong understanding of accounting principles, particularly within the real estate sector.

Key Accountability Areas:

• Accounts Payable and Receivable: Process invoices, monitor accounts receivable, and handle vendor payments in a timely manner. Maintain accurate records of transactions and reconcile accounts as needed.
• Budgeting and Forecasting: Collaborate with senior accountants to assist in budget preparation and forecasting for real estate projects. Monitor budget performance and provide regular reports to management.
• General Ledger Maintenance: Maintain and reconcile general ledger accounts, ensuring all transactions are properly recorded and classified. Investigate and resolve any discrepancies or issues that arise.
• Real Estate Tax & VAT Compliance: Assist with tax preparation and compliance activities, including gathering financial data and supporting documentation for tax filings.

Role Accountability:

• Bachelor's or Diploma degree in Accounting, Finance, or related field.
• 25 years of experience in accounting, preferably within the real estate industry.
• Strong knowledge of accounting principles and practices.
• Proficiency in Microsoft Office and accounting software (*, Power BI, Excel, Power Point).
• Excellent analytical and problem-solving skills.
• Ability to prioritize tasks and meet deadlines in a fast-paced environment.
• Detail-oriented and highly organized, with a commitment to accuracy and integrity in financial reporting.
• Working knowledge of SAP system.

At Alfanar, we value and empower our employees, promoting a proactive work environment where their contributions are recognized and celebrated.

Join alfanar as an Assistant Accountant!

Alfanar is a prominent Saudi company, known for its excellence in manufacturing and trading high-quality electrical products and solutions. As an Assistant Accountant, you will play a crucial role in maintaining financial integrity and supporting our accounting department. This position requires strong attention to detail and a commitment to achieving operational goals while adhering to established policies and standards.

Job Purpose:
Assist in preparing, recording, reconciling, and analyzing general payments efficiently and in a timely manner to achieve departmental operational plans.

Key Accountability Areas:

• Financial Record Keeping: Maintain accurate financial records and ensure adherence to accounting principles.
• Bookkeeping: Handle daily bookkeeping tasks, monitor accounts payable and receivable, and process invoices.
• Financial Reporting: Prepare financial statements and generate reports for management.
• Budgeting and Forecasting: Contribute to the development and monitoring of budgets.
• Audit Support: Collaborate with auditors and ensure compliance.
• Tax Compliance: Prepare and submit tax returns.
• Financial Analysis: Analyze financial data for trends and provide insights.
• Process Improvement: Identify and implement opportunities for enhancement in procedures.
• Communication: Collaborate with other departments and communicate financial information effectively.

Qualifications:
- Diploma Degree in Accounting and Finance or a relevant field.
- 2 to 4 years of relevant experience.

Why alfanar?
At alfanar, we value our human capital and are committed to providing the highest quality standards to our customers. We offer a supportive work environment where employees are empowered and motivated to excel. Join us and be part of a team that is shaping the future of energy solutions.