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Chief Accountant

1.00 to 10.00 Years   Dammam, Saudi Arabia   21 Jun, 2022
Job LocationDammam, Saudi Arabia
EducationNot Mentioned
SalaryNot Mentioned
IndustryRecruitment & Employee Placement Agency
Functional AreaNot Mentioned

Job Description

One of our prestigious clients based in Dammam, KSA are looking to recruit?Chief Accountant?.Purpose:Responsible for overseeing all the transactions/ reports related to the finance while coordinating with finance team to complete assigned tasks within the required deadlines, and to support the Financial Controller in the daily requirements.Responsibilities:

  • Managing a company?s financial accounting, monitoring, and reporting systems.
  • Perform full set of accounts and ensure timely closing of accounts.
  • Prepare and submit the company?s monthly financial results, monthly rolling forecasts and complete the reporting requirements within the deadlines.
  • Manage the preparation of the company?s budget.
  • Budgetary Control ? Analysis of budget variances.
  • Monitor the company?s working capital.
  • Reconcile cost of sale, billings, and advances to general ledger monthly.
  • Maintain accurate and timely Cash Flow data, both current and forecasted.
  • Monitor daily cash position.
  • Analyze bank activities, recommend cost savings, and administer bank accounts.
  • Liaise with banks for all related issues (L/Gs, L/Cs, Credit Facilities?etc).
  • Analyze A/R, A/P, and G/L entries and reconciliations.
  • Review & approve payment vouchers & journal entries.
  • Conducting reviews and evaluations for cost-reduction opportunities.
  • Review and recommend the credit limits of new and existing customers.
  • Develop and maintain internal control, effective accounting system and policies.
  • Improve existing processes and streamline workflows.
  • Review and supervise the day-to-day work of finance department staff.
  • Supervise the input and handling of financial data and reports for the company?s automated financial systems.
  • Liaise with external auditor in completing audits.
  • Keeping abreast of changes in financial regulations and legislation.
  • Create additional analyses and reports as requested by management.

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