Chief Accountant_Saudi Arabia

Recruiter
MINDFREE Consulting
Location
Jeddah , Saudi Arabia
Salary
Competitive salary
Posted
30 Sep 2019
Closes
30 Oct 2019
Ref
4078078
Job role
Chief accountant
• The candidate has to be of Saudi national.
• Bachelor’s Degree Accounting and Finance or any equivalent
• Oversees the daily accounting activities required to maintain the Authority’s general ledger.
• Supervises, directs, and reviews the work of the accounting staff (cash reconciliations, trust account statement reconciliations, check runs, accounts receivable transactions, fixed asset activity, payroll, accounts payable transactions, debt activity, recording of revenue and expenses.
• Maintains organized set of detailed records and files to document financial transactions.
• Resolves complex accounting issues or assists other Authority personnel in resolving financial issues.
• Reviews general ledger on a monthly basis to ensure accuracy of posting.
• Produces financial reports.
• Coordinates monthly, quarterly, and annual closing activities.
• Produces quarterly and annual financial statements and financial reports.
• Makes and implements recommendations to improve accounting processes and procedures.
• Performs other duties as assigned or required.(external auditor)
• Have the ability to work under pressure, solve problems, and support the team.
• Meets accounting financial objectives by forecasting requirements, preparing an annual budget, scheduling expenditures, analyzing variances, and initiating corrective actions.
• Maintains accounting controls by establishing a chart of accounts and defining accounting policies and procedures.
• Guides other departments by researching and interpreting accounting policy and applying observations and recommendations to operational issues.
• Zakat, VAT law, IFRS, Withholding tax knowledge.