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Accounting Specialist|005489 - 5003679HO

1.00 to 10.00 Years   Saudi Arabia   05 Aug, 2022
Job LocationSaudi Arabia
EducationNot Mentioned
SalaryNot Mentioned
IndustryOther Business Support Services
Functional AreaNot Mentioned

Job Description

Jobs at this level are responsible for delivering end- to-end financial transactions, performing complex account reconciliations, zakat & tax implications, accruals and analysis of accounting/financial information. Also, they are responsible for generating zakat & tax and financial reports, resolving any identified accounting issues and verifying the adherence of financial processes to relevant standards.Accounting:-Undertake complex accounting activities within the specified area of work, ensuring accurate reconciliation and updated book keeping.-Analyse accounting process activities to increase their effectiveness and ensure timeliness and accuracy of accounting records.-Drive implementation of accounting policies and procedures and standardises reporting templates to ensure compliance with relevant procedural and legal requirements.-Ensure that relevant accounting procedures from a compliance and legal perspective are implemented so that work is carried out in a controlled and consistent manner. Financial Reporting:-Prepare all management information reports including routine and non - routine reports to ensure compliance with statutory and audit requirements and to provide internal customers with relevant information to support operational and strategic decision - making.-Evaluate accounting reports to identify variances and their causes, highlights discrepancies, if any and recommendations for course correction. Zakat & Tax:-Assist in representing STC and its subsidiaries in front of DZIT, appeal committees and board for any objections and queries.-Maintain good understanding of applicable Zakat & Tax laws, regulations, double taxation affecting STC and its operations. Generic Role:-Manage day to day team operations within a specified scope, by undertaking related work processes and ensuring accuracy. -Undertake relevant analysis to provide necessary information and assistance to internal and external customers.-Liaise with other supervisors to build effective working relationships and identifies synergies.-Drive data collation on the current and past performance of the hedge positions taken by STC.-Support team members and resolves routine queries to ensure work continuity.

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