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Accounting Specialist

6.00 to 0.00 Years   Riyadh, Saudi Arabia   25 Mar, 2022
Spark King Salman Energy Park
1 Jobs Openings
Job LocationRiyadh, Saudi Arabia
EducationNot Mentioned
SalaryNot Mentioned
IndustryElectric Power Production & Transmission
Functional AreaNot Mentioned

Job Description

Basic Function: Responsible to conduct research, analysis and development of financial information for audit purposes and financial reporting. Also, responsible to ensure integrity and compliance of accounting information by ensuring following quality controls over financial transactions and reporting and recommending additional controls, where applicable. In addition, responsible to review and apply the accounting policies and principles that include analytical work and thorough review of financial records.Job Scope:Incumbent is a fully qualified professional with in-depth knowledge of Financial Accounting & Reporting plus working knowledge of other related disciplines. Work is not generally supervised in detail and amount of supervision varies depending on the assignment. May serve as team leader on small to medium size projects.Principal Duties:

  • Manages the processing of cash receipts, recoding of revenues and receivables, and ensures that they are reconciled.
  • Recommends and documents accounting/business processes to maintain and strengthen internal controls.
  • Directs internal and external auditors to ensure compliance.
  • Performs the processing and recording of accounts payable transactions and ensures that all invoices and staff reimbursements are paid accurately and in accordance with Finance policies and procedures.
  • Participates in financial standards setting and in forecast, and provides inputs into the functions goal setting process.
  • Recommends modification to accounting systems and procedures.
  • Records monthly revenues, expenses and activities on regular basis.
  • Prepares and analyses the monthly budget/forecast to actual variance reports per Business Unit/Department.
  • Performs general accounts analysis and reconciliations, including bank statements, fixed assetsetc.
  • Prepares financial reports such financial statements, budget related reportsetc.
  • Handles the month end quarter end and year end closing processes, ensuring transactions are in accordance with the accounting policies and principles, also internal policies and procedures are followed.
  • Performs any job-related activities as requested by the management.

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