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Sr. Accountant

1.00 to 10.00 Years   Abraq ar Raghamah, Jeddah , Saudi Arabia   16 May, 2022
Job LocationAbraq ar Raghamah, Jeddah , Saudi Arabia
EducationBachelor's degree / higher diploma
SalaryNot Mentioned
IndustryRetail & Wholesale
Functional AreaNot Mentioned

Job Description

  • Oversee daily transactions, including accounts payable/receivable, general ledger and bank reconciliations
  • Participate in regular tax audits and payroll
  • Prepare budgeting reports and forecast revenues
  • Manage month-end and year-end closing
  • Monitor the daily performance of the accounting department
  • Organize financial data into useable information and maintain updated records
  • Track the progress of financial and accounting objectives
  • Establish accounting policies and procedures, aligned with company?s targets
  • Ensure compliance with the law
  • Monitor and analyze accounting data and produce financial reports or statements
  • Establish and enforce proper accounting methods, policies and principles
  • Coordinate and complete annual audits
  • Provide recommendations
  • Improve systems and procedures and initiate corrective actions
  • Assign projects and direct staff to ensure compliance and accuracy
  • Meet financial accounting objectives
  • Establish and maintain fiscal files and records to document transactions
  • Collect cost information and maintain an expenses database
  • Construct data accumulation systems
  • Determine fixed costs (e.g. salaries, rent and insurance)
  • Plan and record variable costs (e.g. purchases of raw material and operations costs)
  • Review standard and actual costs for inaccuracies
  • Prepare budgeting reports (for the company and for each department)
  • Analyze and report profit margins
  • Prepare (monthly, quarterly and annual) cost forecasts
  • Assisting in month-end and year-end closing
  • Identify and recommend cost-effective solutions

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