Responsibilities Manage financial files and records and ensure adherence to accounting principles,Verify, allocate, post, and reconcile transactions on a day-to-day basis. Responsible for Month-end & Year-end close process. Manage the trial balance and prepare financial statements on a month-end and year-end basis. Gathering, monitoring, and analyzing the financial data to summarize the financial status. Manage the fixed assets register and calculate the monthly depreciation of assets. Oversee accounts payable and receivable functions on a daily basis (Verify, allocate, post, and reconcile accounts payable and receivable), including generating invoices and account statements, vendor payments, and customer billing. Responsible for monthly analysis of AP, suppliers’ down payments, petty cash, and prepaid expenses. Responsible for monthly analysis of AR, customers' outstanding payments analysis, and follow-up the collections. Assist in the monthly forecast of cash requirements and prepare the payment requests. Control Cash payments by checking and complying with applicable policy for cash payments. Good knowledge of taxes (VAT, WHT), and ensuring tax compliance by preparing tax returns in accordance with regulations. Create different reports on expenses, payables, and cash on a monthly, quarterly, and annual basis. Assist in Direct internal and external audits to ensure compliance. Submit the error-free necessary reports to the finance manager. The ability to plan work and prepare the appropriate documentary cycle. The ability to complete tasks in cooperation with the work team as required. Collaborate with cross-functional teams and communicate financial information effectively to complete assigned tasks within deadlines.
Qualifications BS degree in Accounting, Finance, or relevant3 to 5 years of experience in accounting. In-depth understanding of Generally Accepted Accounting Principles (GAAP). Familiarity with financial accounting statements. Experience with general ledger functions and the month-end/year-end close process. Hands-on experience with accounting software packages, like Fresh Books and Quick Books Advanced MS Excel skills, including VLOOKUPs and pivot tables. Relevant certification (e.g. CMA or CPA) will be preferred. Good Knowledge of IFRSVery Good knowledge about Types of WHT and VAT. Excellent in English is a Must
If you are interested, kindly send your updated CV to b.atef@alwadiholding .com