Confidential Company
3 – 8 years
Dammam/Khobar/Eastern Province – Saudi Arabia
Bachelor of Commerce(Commerce).
Saudi Arabian
Male
Medical, Paid Travel
Job Description
1. Basic Function :
Maintains the General Ledger (GL) and Chart of Accounts by ensuring that all entries and transactions are charged to the correct and appropriate account. Carries out the interface of other financial systems (e.g. accounts payable, payroll, fixed assets, materials management) to the GL and performs monthly closing, generates trial balance and financial statements. Reviews financial schedules of other accountants and ensures that these are reconciled with GL balances. Assists the Supervisor, Accounting in the preparation of monthly statements and financial analysis.
2. Work Performed :
a. Checks and verifies all transactions and entries to the GL and other financial modules (Journal Vouchers and payment Authorization Vouchers) to ensure that correct and proper accounts are used and description of the entries accurately represents the nature of the transactions or entries.
b. Maintains the GL by performing regular interface of other modules to the GL and monthly closing activities such as generating trial balance and financial statements and updating GL calendar. Regularly reviews and updates the Chart of Accounts and creates new accounts when necessary. Defines, reviews and updates the layouts of the various reports generated from the GL.
c. Coordinates with other accountants quarterly closing, reconciliation works and preparation of all financial reports and schedules. Ensures that such schedules and reports match the balances reflected in the GL and assists accountants in reconciling variances and discrepancies between GL and subsidiary ledgers. Prepares entries and adjustments for accounts which are not assigned to an accountant.
d. Assists Supervisor, Accounting in the preparation of financial statements, performs detailed financial analysis, calculates financial ratios and provides an overall assessment of the Company’s financial position. Prepares presentation materials to the Management Committee and the Board.
e. Assists in the preparation of the budget by providing updated cost and expense references and advises on account codes and account classifications and uploads the budget to the GL.
f. Liaises with external auditors concerning annual audit of accounts and preparation of audited financial statements. Coordinates with accountants and personnel from operating units on all schedules and reconciliation works required by the auditors
Industry Type : Oil & Gas / Petroleum
Functional Area : Accounts / Taxation / Audit / Company Secretary
Desired Candidate Profile
1. Basic Function :
Maintains the General Ledger (GL) and Chart of Accounts by ensuring that all entries and transactions are charged to the correct and appropriate account. Carries out the interface of other financial systems (e.g. accounts payable, payroll, fixed assets, materials management) to the GL and performs monthly closing, generates trial balance and financial statements. Reviews financial schedules of other accountants and ensures that these are reconciled with GL balances. Assists the Supervisor, Accounting in the preparation of monthly statements and financial analysis.
2. Work Performed :
a. Checks and verifies all transactions and entries to the GL and other financial modules (Journal Vouchers and payment Authorization Vouchers) to ensure that correct and proper accounts are used and description of the entries accurately represents the nature of the transactions or entries.
b. Maintains the GL by performing regular interface of other modules to the GL and monthly closing activities such as generating trial balance and financial statements and updating GL calendar. Regularly reviews and updates the Chart of Accounts and creates new accounts when necessary. Defines, reviews and updates the layouts of the various reports generated from the GL.
c. Coordinates with other accountants quarterly closing, reconciliation works and preparation of all financial reports and schedules. Ensures that such schedules and reports match the balances reflected in the GL and assists accountants in reconciling variances and discrepancies between GL and subsidiary ledgers. Prepares entries and adjustments for accounts which are not assigned to an accountant.
d. Assists Supervisor, Accounting in the preparation of financial statements, performs detailed financial analysis, calculates financial ratios and provides an overall assessment of the Company’s financial position. Prepares presentation materials to the Management Committee and the Board.
e. Assists in the preparation of the budget by providing updated cost and expense references and advises on account codes and account classifications and uploads the budget to the GL.
f. Liaises with external auditors concerning annual audit of accounts and preparation of audited financial statements. Coordinates with accountants and personnel from operating units on all schedules and reconciliation works required by the auditors
Keywords
Cost Accountant Accounting Finance Financial Reporting Financial Planning