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Senior Accountant

1.00 to 10.00 Years   Riyadh, Saudi Arabia   09 May, 2021
General Authority for Competition ( GAC )
1 Jobs Openings
Job LocationRiyadh, Saudi Arabia
EducationNot Mentioned
SalaryNot Mentioned
IndustryPublic Administration
Functional AreaNot Mentioned

Job Description

Perform accounting procedures related to organizing accounting records and auditing limitations, invoices and vouchers to ensure their validity, accuracy and conformity with approved accounting standards.Key Responsibilities

  • Verification of accounting guidance for limitations and justification of proof in conformity with GAC?s financial regulation and approved accounting standards.
  • Prepare monthly closure reports for the month?s movement and the opening balances, and to ensure that they are in conformity with reference balance.
  • Support in managing accounts? activities to ensure recording all accounting and financial movements in the system accurately and ensure full compliance with accounting standards in public sector, requirements of Ministry of Finance and GAC?s financial policies.
  • Oversee allocating numbers for fixed assets, calculate its costs and consumption, follow-up with settling balances in fixed assets system and align it with the GL account.
  • Scrutinize received invoices by various business units to verify accuracy of required accounting information and limitations and its conformity with pre-exchange power matrix.
  • Monitor vouchers from budget items of all invoices and claims submitted to the Accounting Unit to be allocated to their beneficiaries.
  • Review and check documents related to staff salary payments including GOSI contributions, transfers, promotions, overtime and others; to ensure an accurate implementation in a timely manner; in coordination with HR Dept.
  • Review payments and extracts of project contracts, and track implementing its limitations in the financial system to check it according to the approved terms of reference and disbursement table.
  • Monitor disbursement and payment commands on (ETIMAD) and (SARF) platforms after verifying the accuracy of data.
  • Scrutinize checks and money transfers (incoming and outgoing) to be reported to accreditation according to procedures to ensure accuracy and alignment with approved standards
  • Prepare bank settlements for bank accounts and SAMA on a monthly basis and work on addressing suspensions if available
  • Monitor and track receivable in conformity with policies, procedures, accounting standards, regulations and instructions to ensure collecting GAC?s financial rights.

Keyskills :
Senior Accountant

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