Chief Accountant

Location
Khobar, Saudi Arabia
Salary
Competitive
Posted
16 Jan 2019
Closes
16 Jan 2019
Ref
3871701
\[Job Purpose

-The chief accountant is responsible for all financial activities, preparing profit and loss statements report for each business unit and applying accounting principles and procedures

\[Principal Accountabilities

· Supervising the routine accounting task in the department on day to day basis.

· Supervising ensure an accurate and timely monthly, quarterly and year end closing.

· Ensuring all monthly, quarterly and annual financial reports are submitted on time.

· Ensuring accurate and timely processing of payroll.

· Performs the monthly, financial reconciliation for selected general ledger account, suppliers and inter-Group.

· Coordinate with MRCU for monthly, quarterly and annual reconciliation of investment portfolio.

· Coordinate with treasury department for recording of monthly interest on intergroup loans and current account balances and issuing the debit/credit note accordingly.

· Responsible for the management of fixed assets which included proper accounting, reconciliation, tagging and physical verifications.

· Ensuring timely reconciliation of bank on monthly basis.

· Provide support and training of subordinate staff as required.