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Chief Accountant

5.00 to 7.00 Years   Riyadh, Saudi Arabia   06 Apr, 2021
Job LocationRiyadh, Saudi Arabia
EducationBachelor's degree / higher diploma
Salary$2,000 - $3,000
IndustryPersonal Care Centers
Functional AreaNot Mentioned

Job Description

Responsibilities:

  • Summarize company?s current financial status by collecting needed information and analyzing profitability, liquidity, and solvency of the business.
  • Maintain accurate and up to date records of all financial transactions using the Accounting system ?Intuit QuickBooks?.
  • Maintain accounting controls by preparing and recommending policies, procedures and frameworks
  • Communicate and coordinate with Operations managers to ensure efficient and effective workstream that leads to accuracy of financial data.
  • Reconcile financial discrepancies by collecting and analyzing account information.
  • Bring to the attention of the management any abnormality
  • Secure financial information by completing data base backups.
  • Prepare payments by verifying proper documentation and approvals
  • Prepare customized financial reports required by management by collecting, analyzing, and summarizing accounts information
  • Maintain customer confidence and protect operations by keeping financial information confidential.
  • Maintain advantageous connections with banks
  • Maintain good relations with suppliers, and negotiate profitable deals and agreements with them
  • Recommend financial actions by analyzing accounting options while complying to accounting standards.
  • Assist in payroll calculation and execution as requested by General Management.
  • Prepare daily, weekly, monthly, and ad hoc financial reports as dictated by General Management.
  • Ensure compliance with related government laws and regulations
  • Filing of VAT returns with GAZT on quarterly basis with responsibility.
  • Responsible for closing fiscal year, supporting and coordinating annual audit with external audit agency, and conducting annual zakat filings.
  • Review and approve periodic reconciliations of various GL accounts, bank accounts statements, inventory, suppliers? balances, etc.
  • Supervise day-to-day operations of the accounting team and assure the accuracy and reliability of records and financial reports.
  • Prepare annual budgets, break-even analysis, and cash flow forecasts.
  • Other financial management duties assigned by the Management.

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