Financial Accountant

Riyadh, Saudi Arabia
Competitive salary
11 Oct 2020
09 Nov 2020
Experience level
Qualified accountant
Performs a variety of professional level accounting duties involved in preparing, maintaining, analyzing, verifying, and reconciling complex financial transactions, statements, records, and reports;

  • Maintains the accuracy of the City's ledgers and subsidiary financial system.
  • Assists in preparation of assigned budgets, annual audit, and year end closing.
  • Assist in planning, setting and administrating of accounting systems, prepare financial information such as financial statement reports, cash flows.
  • Balance sheet and financial notes for individuals. departments within organizations, businesses and other establishments.
  • Gather documentation to support account balances, view financial data for obvious errors.
  • Record adjusting journal entries for misstatements found while analyzing financial data.
  • Analyze accounting records like Cash flows, balance sheet, income statement, inventory cost, account receivable and payable aging report.
  • Compare the previous operation form the current operation or simply called variance analysis.
  • Discuss the unusual increase or decrease of any accounts with the senior accountant from the information taken after doing variance analysis.
  • Develop and maintain cost finding, reporting, and internal control procedures.
  • Assist in reconciling after-sales department revenue and gross profit against finance records.
  • Reconciliation of receivable and payable balances against suppliers and customers.
  • Calculation and analysis of incentives and direct sales commissions.
  • Maintaining recording and amortization of prepayments such as insurance, subscriptions and others.
  • Practical knowledge in applying applicable accounting standards such as IFRS 9 – ECL, IFRS 15 – Revenue from Contracts with Customers, IFRS 16 – Leases.
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