Accountant

Job Description

1.Accounts Receivable Update DRS on daily basis for Management Accounts Receivable Invoice verification, handling and posting in appropriate Accounts.Review the data and reconcile all Credit and Cash Sales and Point of SalesMonitors & Controls Cheques Such As Current Dated Cheque (CDC) & Post Dated Cheque (PDC)Maintain all customers Accounts , Verify records of debtorsFollow up closely on Customer?s Accounts falling due2.Accounts Payable & Cash Management Accounts Payable Invoice verification, handling and posting in appropriate AccountsPetty Cash expenses Verification , handling , posting in appropriate AccountsReconcile and confirm all vendors statement timelyPayment to all vendors for due invoicesMaintain inter-company transactions and reconcile inter-company current accountsTo record accrual and PrepaymentsAmortization of all prepaymentTo record all invoices related to Ministry of Interior-MOL-Telecommunication, GOSI and Electricity etcTo record all invoices related to Human Resources (Payroll, Vacation Settlement EOSB)Create all Government payment & Prepare MOL file for Payroll SystemPrepare Bank Payment Voucher ManuallyCheck and verify all business transactions after the payment cyclePrepare and Reconcile Bank Statements and all general ledgers accounts with cost and supporting documents.Check the Employees Loan accounts and verify upon Vacation Clearance3.Fixed Assets & DepreciationCreate and monitor a system of controls, procedures, and forms for the recordation of fixed assets.Calculate depreciation for all fixed assets.Review and update the detailed schedule of fixed assets and accumulated depreciation.Conduct periodic physical counts of fixed assets.Represent the company during any audits by a government that involve fixed assets.Track company expenditures for fixed assets in comparison to the capital budget and management authorizations.4.Value Added Tax?Handle VAT reporting (payables and receivables). Ensure collections and payments are done in line with KSA regulationsPrepare and manage all documents in line with VAT regulations and other related activitiesConduct day-to-day transactional processing and reporting on taxation. This includes the accurate posting of all tax related entriesReconcile and Prepare VAT Quarterly on behalf of the General Authority of Zakat and Tax (GAZT)5.Accural and Prepayments Record monthly accrual and prepayment such as payroll, prepaid rent & other prepaymentsAmortization of all prepayment on monthly bases6.ExpensesHandling the Petty Cash ExpensesRecord all expenses in appropriate accounts7.Reporting Review monthly expenses to ensure that expenses are booked correctly and work with the accounting team to make any necessary reclassificationPrepare Cash Flow StatementFinalize the Trial Balance PartiallyPrepare Sales and Cash ReportPrepare all report requires by the ManagementRequirement:Degree : Accounting degree is a mustNationality : Any Arab ( Egypt, Syria, Yemen, Sudan etc.,)Experience : 3 yearsMaximum Package : SR 4000/-Local Transfer Candidate Preferred.

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