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Contract TypeFull-time
Workplace typeOn-site
LocationRiyadh

Job Description

About the Role

Alfanar Projects is seeking a full-time Assistant Accountant to join our team in Riyadh. This role is integral to supporting various financial activities, including the preparation of financial statements, maintaining accurate financial records, and ensuring compliance with established accounting standards and regulations.

Key Responsibilities

  • Assist in maintaining accurate and up-to-date general ledger accounts and processing journal entries for all business transactions.
  • Support the reconciliation of accounts payable and receivable to ensure accuracy.
  • Contribute to the preparation of monthly, quarterly, and annual financial statements, including balance sheets, income statements, and cash flow statements.
  • Help with the preparation of budget forecasts, variance analysis, and year-end financial reports.
  • Perform monthly account reconciliations and investigate and resolve discrepancies in financial data.
  • Support compliance with internal policies, accounting principles (GAAP or IFRS), and tax laws, assisting with internal and external audits.
  • Assist with the invoicing process, ensuring accurate billing to clients and proper payment processing.
  • Monitor accounts payable for timely payments to vendors and suppliers, and accounts receivable for timely collections from customers.
  • Assist management in analyzing financial data and performance to support informed decision-making.
  • Help monitor and track expenses to ensure adherence to budget and identify cost-saving opportunities.
  • Perform other accounting-related duties as assigned by the Finance Manager or Controller.

Professional Accountabilities

The Assistant Accountant is expected to uphold professional standards and contribute to operational excellence by fulfilling the following broader accountabilities:

  • Actively pursue updated soft and technical skills relevant to the position and develop a clear career path.
  • Execute planned activities to meet operational and development targets efficiently and within schedules.
  • Proactively address problems and escalate complex operational issues to ensure timely resolution.
  • Contribute to developing and maintaining effective quality control processes and seek automation opportunities for business process improvements.
  • Ensure strict compliance with all company policies, procedures, work instructions, and relevant health, safety, and environmental management standards.

Qualifications and Experience

  • 0-1 years of experience in an accounting or finance-related role.

Essential Skills and Attributes

  • Strong foundational understanding of accounting standards and regulations (*, GAAP or IFRS).
  • Demonstrated ability to maintain accurate financial records and perform reconciliations.
  • Analytical skills for financial data review and variance analysis.
  • Proficiency in preparing financial statements and reports.
  • Effective communication and problem-solving capabilities.
  • Commitment to quality and process adherence.

Location

This full-time position is based in Riyadh, offering an opportunity to contribute to the financial operations of Alfanar Projects.


Requirements

  • No experience required

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