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Finance Specialist
Proven ArabiaKhobar, 01, sa30+ days ago
Job type
- Quick Apply
Job descriptionPerform and review monthly balance sheet reconciliations, resolving discrepancies in general ledger accounts. Conduct manual revaluations, including Work-in-Progress (WIP), foreign exchange adjustments, hedge accounting entries, and interest deduction calculations under applicable tax regulations. Originate and process journal entries to support month-end and year-end closing activities. Ensure timely and accurate financial documentation for external and internal audit requirements. Maintain compliance with internal control procedures and accounting standards. Act as a liaison between auditors, group finance, and internal stakeholders to ensure alignment on statutory reporting timelines and compliance requirements. Prepare consolidated financial reports for management and joint venture partners, including proportional ownership and financial performance analysis. Support ad hoc and complex financial queries from group finance, auditors, and external advisors. Provide documentation and support to internal financial reporting teams and external compliance agencies. Assist with finance transformation initiatives, system upgrades, and process improvement projects as needed. Contribute financial analysis and data to support entity rationalization or liquidation processes. Coordinate with project and finance teams to ensure a smooth and timely month-end close process. Support cross-functional reporting through automated tools. Maintain and validate automated financial statements and reports across global consolidation platforms Ensure proper accounting and elimination of Intercompany transactions, clearing, and suspense accounts. Participate in database integration projects, including PO validation, line coding, and legal entity checks. Validate receipts and ensure compliance with procurement and finance policies. Qualified CIMA, ACCA, or Chartered Accountant. Bachelor’s degree in accounting or finance required, CPA preferred Strong technical accounting knowledge Excellent communication and stakeholder management skills Ability to work extended work hours as necessary for monthly closings. 4-5 years of relevant experience Effective communication and documentation skills, including the ability to interact effectively with various levels of staff and management Motivated, self-directed, and results-driven approach to work, and takes ownership of assigned tasks Deadline oriented Ability to work extended work hours as necessary for monthly closings Excellent organizational skills and pay attention to detail, including neatness and organization of work papers Effective in a dynamic environment, adapting to and managing change positively and proactively Capable of establishing effective working relationships that promote teamwork and collaboration Effective interaction with financial reporting, regulatory reporting, internal auditors, and external auditors Ability to remain positive, professional, calm, and focused when faced with challenging situations Computer literate in Microsoft programs : Word, Access, PowerPoint, Excel Ability to work independently
Job Description
The role applies in-depth knowledge, experience, and best practices in accounting. They are responsible for solving complex accounting problems and work independently with minimal guidance.
1. Statutory Reporting & Audit Coordination
- Lead and manage the preparation and review of statutory financial statements across multiple legal entities and branches.
- Coordinate annual audit processes, ensuring timely submission of financial reports and audit deliverables to both local authorities and group consolidation teams.
- Collaborate with auditors, group finance, and internal teams to respond to audit-related queries and finalize financial reporting packages.
- Ensure compliance with statutory obligations, including reporting and Transfer Pricing documentation across applicable jurisdictions.
- Prepare and submit indirect tax filings and relevant Chamber of Commerce submissions.
- Provide accurate tax provisioning, including monthly and annual tax calculation files and supporting documentation.
2. Financial Controls & Reconciliations
3. Stakeholder Communication & Support
4. Special Projects & Process Improvements
5. Financial System & Data Management
Requirements
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Finance Specialist • Khobar, 01, sa
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