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Chief Accountant

7.00 to 18.00 Years   Khobar, Saudi Arabia   05 Aug, 2022
Job LocationKhobar, Saudi Arabia
EducationBachelor's degree / higher diploma
SalaryNot Mentioned
IndustryOil & Gas
Functional AreaNot Mentioned

Job Description

Principal Accountabilities:

  • Oversees the accurate and timely management reports and financial statements
  • Ensures the good analysis of financial information
  • Ensures that the appropriate accounting control procedures are applied
  • Ensures the continuous management and support of budget and forecast activities
  • Approves the final version of plans, budgets and forecasts to be submitted to the BU/JV DFO
  • Ensures accurate and timely monthly, quarterly and year end reporting
  • Analyzes and advises on business operations including revenue and expenditure trends, financial commitments and future revenues
  • Analyzes financial information to recommend or develop efficient use of resources, and provides input to strategic decisions
  • Supports the BU/JV in understanding its costs of goods and services, and margins
  • Supervises the proper updating of the chart of accounts and the list of analytical accounts, transfer charges and cost accounting definitions necessary to perform the controlling missions
  • Ensures financial records are maintained in compliance with accepted policies and procedures, thus ensuring accurate and appropriate recording and analysis of revenues and expenses
  • Resolves accounting discrepancies and irregularities
  • Establishes and monitors the implementation and maintenance of accounting control procedures
  • Compiles and analyzes financial information to prepare financial statements including monthly and annual accounts
  • Ensures the timeliness, accuracy and quality of all financial reporting.
  • Monitors and supports taxation issues
  • Supports auditors in the financial audit preparation and coordinates the audit process
  • Leads, directs, evaluates and develops the Rawabi Holding?s delocalized Accounting team to ensure that objectives are reached
  • Is responsible for the development, performance appraisal and succession planning of all direct and indirect reports
  • Promotes a highly effective management and leadership style in line with the Company?s values and that supports the achievement of its strategy and objectives
  • Identifies potential successor for his/her position; oversees and implements developmental plans for identified successors
  • Performs miscellaneous tasks as assigned by his/her direct manager

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