General Accountant

About the Role

ALKAFFARY GROUP is seeking a General Accountant to join their team in Riyadh, Ar Riyāḍ. This full-time role involves performing and maintaining day-to-day accounting activities, preparing and reviewing journal entries, and managing Accounts Receivable (AR) and Accounts Payable (AP). The position requires strong hands-on experience with SAP and comprehensive knowledge of general accounting functions.

Role Overview

The General Accountant will support monthly and year-end closing activities, conduct inventory counts and reconciliations, and assist in the preparation of financial statements and reports. This role is central to ensuring the accuracy and integrity of financial information within the company.

Key Responsibilities

• Perform and review daily accounting transactions, ensuring accuracy and completeness of supporting documents.
• Prepare and post journal entries, including accruals, prepayments, reclassifications, depreciation, and other accounting adjustments.
• Manage Accounts Receivable (AR), including invoicing, collections, customer account reconciliations, and follow-up on outstanding balances.
• Manage Accounts Payable (AP), including processing supplier invoices, payments, and vendor account reconciliations.
• Perform regular bank reconciliations and investigate and resolve discrepancies.
• Participate in periodic and annual inventory counts, reconcile physical inventory results with accounting records, and prepare necessary adjustments.
• Calculate and record depreciation for fixed assets, ensuring accuracy of fixed asset balances.
• Support and perform monthly and year-end closing activities.
• Prepare and review financial statements and reports, ensuring accuracy of account balances.
• Prepare periodic financial reports and analysis for management as required.
• Monitor revenues and expenses, ensuring transactions are recorded in the correct accounting period.
• Review and maintain the General Ledger (GL), ensuring proper account classification and accurate balances.
• Prepare account reconciliations and investigate and resolve outstanding or unusual balances.
• Use SAP to process, record, and monitor accounting transactions and generate relevant financial reports.
• Handle accounting transactions related to AR, AP, and GL within the SAP system.
• Assist with internal and external audits by providing required financial records, schedules, and supporting documentation.
• Ensure compliance with company accounting policies, procedures, and applicable accounting standards and regulations.
• Maintain the confidentiality, accuracy, and integrity of financial information.

Required Skills and Experience

• Strong hands-on experience with SAP.
• Comprehensive knowledge of general accounting functions.

Work Environment

This is a full-time position based in Riyadh, Ar Riyāḍ, within ALKAFFARY GROUP.